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Ukraine Aid: House Advances Bill Including Tik Tok Ban With Democrats’ Help: The US House advanced a long-stalled $95 billion aid package for Ukraine ...
bloomberg.com/news/articles/2024-04-19/house-advances-ukraine-aid-tik-tok-ban-with-democrats-help
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Record value for financial assets: German private households are richer than ever
n-tv.de/wirtschaft/Deutsche-Privathaushalte-sind-so-reich-wie-nie-article24882901.html
Quick Glance: Record: Germans Hold 7716 Billion Euros in Wealth
- German private individuals hold a net wealth of 7716 billion euros.
- Stocks and investment funds saw significant gains in the last quarter.
- Cash and bank deposits remain the largest component of wealth.
- Household net wealth increases by 244 billion euros to 5560 billion euros.
Foreign policy of the traffic light government: Germany is only a lightweight: The Chancellor in China, the Foreign Minister in the Middle East: The government ...
spiegel.de/politik/deutschland/aussenpolitik-der-ampel-koalition-deutschland-ist-nur-ein-leichtgewicht-a-9bade0f8-5456-4538-b974-8635f3dda171
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This is what Planted's new vegan steak is really like: A vegan steak that can do everything the real thing offers - That's what the startup Planted promises with ...
businessinsider.de/gruenderszene/food/vom-sternekoch-tim-raue-zubereitet-so-ist-das-neue-vegane-steak-von-planted-wirklich/
The German chancellor’s awkward meeting with China’s boss: It is time for Xi Jinping to accept that Germany isn’t America’s puppet
economist.com/europe/2024/04/18/the-german-chancellors-awkward-meeting-with-chinas-boss
‘Get the facts straight,’ EU’s Michel tells Trump over Ukraine funding: “Don’t be intimidated by Putin. We aren’t,” European Council president says in message ...
politico.eu/article/charles-michel-donald-trump-ukraine-aid-vladimir-putin-nato-volodymyr-zelenskyy/
Exit from Europe can help Liverpool focus on league, says Klopp: Liverpool's elimination from the Europa League quarter-finals can help them focus on their ...
reuters.com/sports/soccer/exit-europe-can-help-liverpool-focus-league-says-klopp-2024-04-19/
Cyrus One is investing billions in data centers in the Rhine-Main area: The American company Cyrus One is investing billions in data centers in Frankfurt and ...
faz.net/aktuell/rhein-main/wirtschaft/cyrus-one-investiert-milliarden-in-rechenzentren-im-rhein-main-gebiet-19660686.html
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Labor market: Should we all work more?: There has never been so much work done in this country. It is still wrong to provide tax relief for overtime ...
zeit.de/wirtschaft/2024-04/arbeitsmarkt-erwerbstaetigkeit-frauen-ueberstunden-steuervorteile
Spain Says Germany Can Find a Way to Make Joint EU Borrowing Work: The European Union will be able to find a way to raise more joint debt that is acceptable to ...
bloomberg.com/news/articles/2024-04-19/spain-says-germany-can-find-a-way-to-make-joint-eu-borrowing-work
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Bank of England's Ramsden more confident UK inflation risks are ebbing: Bank of England Deputy Governor Dave Ramsden said on Friday that the risk of British ...
reuters.com/world/uk/boes-ramsden-says-inflation-could-hold-around-2-target-over-next-three-years-2024-04-19/
Sanctions on Russian Metal Will Test the Limits of Its Epic Railroads: Moscow officials have turned east. Adapting the country’s vast logistics networks is ...
bloomberg.com/news/newsletters/2024-04-19/sanctions-on-russian-metal-will-test-the-limits-of-its-epic-railroads
For three companies: Aldi supplier Stute files for bankruptcy: For three companies: Aldi supplier Stute files for bankruptcy
focus.de/finanzen/news/lebensmittelhersteller-fuer-gleich-drei-gesellschaften-aldi-lieferant-stute-meldet-insolvenz-an_id_259864915.html
Dispute over basic child welfare: It is time for a social change: Basic child security is at risk of ending in disaster. The fault is with a policy that does not ...
spiegel.de/wirtschaft/soziales/kindergrundsicherung-streit-eine-soziale-wende-ist-dringend-noetig-a-58c942f5-5403-48f2-97e9-3b2dc15e4681
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Exchange rate gains and savings interest: financial assets of private households at a record high
focus.de/finanzen/boerse/dax-konzerne-schuetten-rekordsumme-aus-kursgewinne-und-sparzinsen-geldvermoegen-privater-haushalte-auf-rekordhoch_id_259871786.html
The fall in house prices continues: A little more is now being paid for apartments in new buildings. Otherwise, prices have also fallen so far this year ...
faz.net/aktuell/finanzen/der-hauspreisverfall-geht-weiter-19662386.html
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Integration in Germany: Around two thirds of the refugees who arrived in 2015 have jobs
spiegel.de/wirtschaft/soziales/iab-studie-rund-zwei-drittel-der-2015-gekommenen-fluechtlinge-haben-arbeit-a-92bc9ea9-8cfa-4e61-891c-adfb8f539ada
Sterling wavers as markets gauge reported Israeli attack on Iran: The pound was little changed on Friday after falling to a five-month low against the dollar in ...
reuters.com/markets/currencies/sterling-wavers-markets-gauge-reported-israeli-attack-iran-2024-04-19/
Mike Pence warns Putin will wage war on NATO if Ukraine loses: Former U.S. vice president calls on Congress to approve funding for Ukraine aid ...
politico.eu/article/mike-pence-vladimir-putin-russia-united-states-nato-donald-trump-ukraine/
Finance Minister Lindner (FDP): Germans work too little: Christian Lindner (FDP) says that the problem with the German economy is that too little work is being ...
focus.de/politik/deutschland/anderswo-wird-deutlich-mehr-gearbeitet-finanzminister-lindner-fdp-die-deutschen-arbeiten-zu-wenig_id_259868020.html
Amazon could soon be forced to recognise UK's GMB trade union: U.S. technology and retail giant Amazon AMZN.O could soon be required to formally recognise the ...
reuters.com/world/uk/amazon-could-soon-be-forced-recognise-uks-gmb-union-2024-04-19/
Weak demand: Tesla separates hundreds of employees in Germany: Tesla boss Elon Musk plans to cut more than one in ten jobs at the electric car manufacturer ...
fr.de/wirtschaft/gruenheide-elektroauto-tesla-stellenabbau-deutschland-mitarbeiter-jobs-93018007.html
Grocery delivery app Getir prepares to exit UK market: Getir, which has a multimillion-pound commercial deal with Spurs, is to put more than 1 ...
news.sky.com/story/grocery-delivery-app-getir-prepares-to-exit-uk-market-13118655
Retail sales show zero growth despite 'fresh two-year high' for consumer confidence
news.sky.com/story/retail-sales-show-zero-growth-despite-fresh-two-year-high-for-consumer-confidence-13118307
38 trillion in one year: How much climate change will cost the economy: Climate change is also hitting the economy hard, a study shows. The consequences of the ...
az-online.de/wirtschaft/38-billionen-jahr-kosten-klimawandel-wirtschaft-studie-zr-93020232.html
Germany arrests two dual nationals over alleged Russian sabotage plot: Prosecutors accuse German-Russian duo of being prepared to ‘carry out explosive and arson ...
aljazeera.com/news/2024/4/18/germany-arrests-two-dual-nationals-over-alleged-russian-sabotage-plot
Balance sheet and sustainability: “You can’t separate them artificially”: Melanie Sack, spokeswoman for the board of the IDW Institute of Auditors ...
faz.net/aktuell/wirtschaft/wirtschaftswissen/bilanz-und-nachhaltigkeit-das-kann-man-nicht-kuenstlich-trennen-19653142.html
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René Benko's luxury life: “I knew then that René had become megalomaniacal”: By 2023, Signa was already running out of money and was close to insolvency ...
manager-magazin.de/unternehmen/rene-benko-penthouse-in-berlin-da-wusste-ich-dass-er-groessenwahnsinnig-geworden-war-a-51106633-76b5-4b26-8f0b-1a2e771c1a87
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Markets are a frog in boiling water on Iran-Israel: While the reaction to the latest hostilities has been tame, the global economy is too fragile for a new ...
ft.com/content/53f64b6b-3151-46b3-ad83-3a4732c35d41
Fintech finally starts to add up for investors: More firms may be seeking listings in the next year
ft.com/content/bf34e647-d39b-4fd4-adcb-2a82179875e7
The AI race is generating a dual reality: US tech giants may dominate but they won’t have it all their own way
ft.com/content/8af1f467-2953-4cbc-a336-4c92c92e6792
UK rental costs rise at record 9.2% : Official figures highlight impact of higher borrowing costs on landlords and tenants
ft.com/content/5ec2740e-5c23-4440-a798-fc5198745d50
‘Evasive’ Boris Johnson broke lobbying rules in meeting with Venezuela’s Maduro: Former prime minister failed to disclose links to hedge fund which organized a ...
politico.eu/article/boris-johnson-nicolas-maduro-lobbying-venezuela-merlyn-advisors-acoba/
Shortage of skilled workers in Germany: Lack of a welcoming culture, bureaucratic hurdles and right-wing populism: Many international skilled workers are now ...
deutschlandfunk.de/internationale-fachkraefte-deutschland-100.html
I moved across the country for Tesla - now I've been fired: A former Tesla employee tells how he moved for a Tesla job six months ago and has now been laid off.
businessinsider.de/wirtschaft/ich-zog-fuer-tesla-durchs-ganze-land-jetzt-wurde-ich-gefeuert/
Quick Glance: Tesla: Layoffs and Elon Musk's Reality Check
- Tesla is planning a major layoff to prepare for the future.
- Elon Musk's grasp on reality is questioned as Tesla performs mediocre in the automotive industry.
- Tesla experiences a decline in revenue margin compared to other automakers.
- The success of Tesla's future depends on the implementation of autonomous driving technology.
Employer President Rainer Dulger calls for a “fundamental overhaul” of citizens’ money
faz.net/aktuell/wirtschaft/arbeitgeberpraesident-rainer-dulger-fordert-grundsanierung-des-buergergelds-19662497.html
Comeback of “Germany’s most beautiful policewoman”: Where Adrienne Koleszár from Dresden is now on patrol
freiepresse.de/nachrichten/sachsen/comeback-von-deutschlands-schoenster-polizistin-wo-die-dresdnerin-adrienne-kolesz-r-jetzt-streife-faehrt-artikel13337334
Quarter of UK children aged 5-7 own smartphones, regulator finds: Ofcom report reinforces online safety concerns as social media apps show significant growth ...
ft.com/content/e4bd4d99-6109-490e-9020-3a6bf1ce8ad3
Expansion plans require 85,000 more childcare places by September 2025 : Pilot to explore how to repurpose unused school space to increase capacity for funded ...
theguardian.com/education/2024/apr/19/expansion-plans-85000-more-childcare-places-september-2025
Tesla says 300 subcontracted workers let go in Germany: Tesla has let go of 300 temporary workers in Germany in keeping with their contract period ...
reut.rs/3vZecT6
Greek economy surges after decade of pain: A decade ago, Greece was in the throes of a devastating debt crisis marked by years of austerity, hardship and unrest ...
reuters.com/markets/europe/greek-economy-surges-after-decade-pain-2024-04-18/
Asda, Aldi, and Sainsbury’s misleading food labels found: Which? has found Asda, Aldi, and Sainsbury’s have 'misleading' food labels on shelves and packaging ...
romfordrecorder.co.uk/news/24264037.asda-aldi-sainsburys-misleading-food-labels-found/
UK retail sales stagnate despite easing inflation: British retail sales stagnated in March despite high inflation easing recently, representing the first time ...
reuters.com/world/uk/uk-retail-stagnated-again-march-ons-says-2024-04-19/
Britain's Prince Harry formally confirms he is now a US resident: Prince Harry, the son of King Charles III and fifth in line to the British throne ...
independent.co.uk/news/world/americas/ap-charles-iii-meghan-britain-london-b2531098.html
Quick Glance: Prince Harry Officially Residing in U.S.
- Prince Harry and his wife Meghan have considered California home, and now his official residency in the U.S. has been documented in a corporate filing.
- The document was filed at Britain’s corporate registrar, Companies House, to update the official residency of the British royal for business records of Travalyst Limited.
- There had been little official confirmation of Harry’s residency status until this week, with an entry indicating a change of residency to June 29, 2023, the day the couple left Frogmore Cottage, their British home.
- It is unclear what type of U.S. visa or residency permit Harry holds, despite efforts by conservative activists in the U.S. to ascertain them, including an ongoing lawsuit.
Analyst: The simple times on the stock market are over - This is what investors face
boerse-online.de/nachrichten/aktien/analyst-die-einfachen-zeiten-an-der-boerse-sind-vorbei-das-kommt-auf-anleger-zu-20355550.html
German Economy Probably Grew in First Quarter, Bundesbank Says: The German economy — Europe’s largest — is set to avoid a winter recession thanks to a pick-up in ...
bloomberg.com/news/articles/2024-04-18/german-economy-probably-grew-in-first-quarter-bundesbank-says
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Hamad International Airport in Qatar named world's best airport in 2024, Changi Airport takes 2nd place
cnalifestyle.channelnewsasia.com/trending/worlds-best-airport-2024-skytrax-hamad-qatar-changi-singapore-388751
Temporary workers initially affected: Tesla separates from 300 employees in Germany
n-tv.de/wirtschaft/Tesla-trennt-sich-von-300-Mitarbeitern-in-Deutschland-article24882129.html
Traditional company closes plant - Over 500 jobs affected: “I’m shocked”: The Danish heat pump manufacturer Grundfos wants to close a German factory ...
fr.de/wirtschaft/traditionsunternehmen-schliesst-werk-grundfos-wahlstedt-waermepumpe-zr-93018180.html
Innovations: VW invests the most: Research expenditure: Germany is being left behind
sueddeutsche.de/wirtschaft/vw-amazon-forschung-innovation-1.6559809
Attention Cathie Wood fans: You can now buy these ETFs from the star investor in Germany
boerse-online.de/nachrichten/aktien/cathie-wood-fans-aufgepasst-diese-etfs-der-star-investorin-koennen-sie-jetzt-auch-in-deutschland-kaufen-20355593.html
UK financial sector seeks stronger accountability of regulators: A new sector-wide body could help ensure that Britain's financial regulators fully comply with ...
reuters.com/world/uk/uk-financial-sector-seeks-stronger-accountability-regulators-2024-04-18/
US, UK announce new sanctions on Iran after missile and drone strike on Israel: The United States and the United Kingdom announced widespread sanctions against ...
scmp.com/news/world/united-states-canada/article/3259534/us-uk-announce-new-sanctions-iran-after-missile-and-drone-strike-israel
Quick Glance: Israeli Push for Sanctions Against Iran Amid ‘Diplomatic Offensive’
- Israel has launched a “diplomatic offensive” against Iran, urging sanctions against the Islamic republic.
- Israeli Foreign Minister Israel Katz has called on 32 countries to impose sanctions on Tehran as Israel considers a military response to Iran’s attack.
- Israeli military sources reported intercepting 99 percent of aerial threats with assistance from the United States and allies, causing only minor damage.
- Tensions are high as Israel ponders its reaction to Saturday's attack while Germany calls for new sanctions related to Iran's drone supply to Russia for use in Ukraine.
UK regulator says Google's ad-privacy changes fall short, WSJ reports: The UK privacy regulator said Google's proposed replacements for cookies need to do more ...
reuters.com/technology/uk-regulator-says-googles-ad-privacy-changes-fall-short-wsj-reports-2024-04-19/
If you like a company, should you buy its shares?: Familiarity bias can work both ways for investors
ft.com/content/1c8c8706-2bc4-4c37-b0ec-7289fdd7e0fc
“I have no reason to go back”: Many German pensioners prefer to spend their retirement abroad
merkur.de/wirtschaft/rente-im-ausland-unter-palmen-ich-habe-keinen-grund-zurueckzugehen-93011643.html
Most UK dairy farms ignoring pollution rules as manure spews into rivers: Exclusive: 80% of Welsh dairy farms inspected, 69% of English ones, 60% in Scotland and ...
theguardian.com/environment/2024/apr/19/most-uk-dairy-farms-ignoring-pollution-rules-as-manure-spews-into-rivers
US, UK unveil sweeping sanctions on Iran in response to its attack on Israel: WASHINGTON: The United States and the United Kingdom announced widespread sanctions ...
channelnewsasia.com/world/us-uk-unveil-sweeping-sanctions-iran-after-attack-israel-4275611
Quick Glance: US imposes new sanctions on Iran's drone program
- The United States imposed new sanctions Thursday on sixteen people and two entities associated with Iran’s drone program to punish Tehran for the weekend's attack on Israel.
- The sanctions target executives of an engine manufacturer supplying Iran’s Shahad-131 drones, companies servicing the engines, and individuals providing the drones to Iranian proxy forces in the Middle East.
- Coordinated with European allies, the new sanctions aim to disrupt Iran's missile and drone program and isolate the country globally.
- President Joe Biden emphasized the US commitment to holding Iran accountable, utilizing economic tools to counter Iran's activities, as stated by Treasury Secretary Janet Yellen.
Study: Climate change is likely to cause the economy to shrink significantly: The global economy could shrink by a fifth due to climate change ...
tagesschau.de/wirtschaft/klimafolgen-potsdam-institut-weltwirtschaft-schrumpft-drastisch-100.html
Wind power expansion in the “climate laboratory”: "China could press a button and Germany would be dark"
n-tv.de/wirtschaft/Windkraftausbau-im-Klima-Labor-China-koennte-auf-einen-Knopf-druecken-und-in-Deutschland-waere-es-dunkel-article24882411.html
Homes for sale that have had an eco overhaul – in pictures: Top rated retrofits: from a grand listed city centre penthouse dating back to the 1700s to a ...
theguardian.com/money/gallery/2024/apr/19/homes-for-sale-that-have-had-an-eco-overhaul-in-pictures
How would a 'youth mobility scheme' between the UK and EU really work?: The EU and the UK could enter into a 'youth mobility' scheme allowing young ...
thelocal.dk/20240418/how-would-a-youth-mobility-scheme-between-the-uk-and-eu-really-work
China’s better economic growth hides reasons to worry: The country’s leaders are too complacent about deflation
economist.com/finance-and-economics/2024/04/16/chinas-better-economic-growth-hides-reasons-to-worry
Invasive species in Germany: How to fight the plants: Introduced plants can displace native species. The EU keeps a banned list of invasive plants ...
zdf.de/nachrichten/ratgeber/invasive-arten-deutschland-100.html
Oil prices are rising: Experts now recommend these 7 investments: Oil prices are rising in the face of world conflicts. Experts give tips on how you could invest ...
businessinsider.de/wirtschaft/die-oelpreise-steigen-experten-empfehlen-jetzt-diese-7-investitionen/
How Kiel became a pioneering Zero Waste City, and what it can teach the rest of the world
weforum.org/agenda/2024/04/kiel-zero-waste-city/
Denouncing illegal parking becomes a new hobby for Germans: Does denunciation run in the Germans’ blood? In any case, the so-called advertising master has ...
focus.de/auto/news/anzeigenhauptmeister-als-vorbild-denunzieren-von-falschparkern-wird-neues-hobby-der-deutschen_id_259862733.html
How to fix a faulty microbiome: Our podcast on science and technology. From faecal transplants to microbial medicines, we consider the prospects for a new kind ...
economist.com/podcasts/2024/04/17/how-to-fix-a-faulty-microbiome
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Russia to grow faster than all advanced economies says IMF: The IMF estimates Russia's economy will grow faster than the likes of the US, UK and Germany this ...
bbc.com/news/business-68823399
Quick Glance: IMF upgrades global growth forecast despite risks
- The International Monetary Fund slightly raised its global growth forecast on Tuesday, noting that the economy had proven 'surprisingly resilient' despite inflationary pressures and monetary policy shifts.
- IMF's chief economist, Pierre-Olivier Gourinchas, indicated that the global economy is heading for a 'soft landing,' with risks to the outlook now broadly balanced.
- While advanced economies are expected to lead the growth, dim prospects in China and other major emerging markets could impact global trade partners, according to the report.
- Despite Tuesday's brighter outlook, global growth remains low compared to historical standards, partly due to weak productivity growth and increasing geopolitical fragmentation.
Money latest: Drivers warned 'psychological shock' coming from petrol prices: The RAC and the AA have said drivers should brace for "tough" times ahead ...
news.sky.com/story/money-blog-news-latest-consumer-financial-inflation-employment-rights-maternity-leave-cost-of-living-13040934
Carsten Maschmeyer: DHDL lion's start-up raises millions: Carsten Maschmeyer is an investor in Pliant, which offers corporate credit cards ...
businessinsider.de/gruenderszene/fintech/maschmeyer-startup-sammelt-ueber-50-millionen-euro-ein-hier-seht-ihr-das-pitchdeck/
Johnny Depp’s IN.2 Execs Talk ‘Jeanne Du Barry’ UK Release, ‘Modi’ Plans & Projects With Charlotte Colbert, Julien Temple & Murray Lachlan Young
deadline.com/2024/04/johnny-depp-in2-execs-jeanne-du-barry-uk-release-modi-projects-charlotte-colbert-julien-temple-murray-lachlan-young-1235888938/
Germany's economy: 36 levels of humiliation for Christian Lindner: At a lecture in the USA, Federal Finance Minister Christian Lindner experiences a nasty ...
wiwo.de/my/politik/deutschland/standort-deutschland-36-stufen-demuetigung-fuer-christian-lindner/29760010.html
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Robert Habeck: Why the Economics Minister could become Chancellor: He presents himself as a minister for everything: Robert Habeck encourages Ukraine ...
faz.net/aktuell/wirtschaft/robert-habeck-warum-der-wirtschaftsminister-kanzler-werden-koennte-19665452.html
Quick Glance: Habeck's Visit to Ukraine: Solidarity and Support
- Robert Habeck visits Ukraine to show German solidarity and promise support.
- Ukraine is in a war fighting for freedom and European values.
- Habeck brings business representatives to promote investments and boost arms production.
- Germany supports Ukraine with a Patriot air defense system and financial aid for the energy sector.
Ukraine, Israel aid bill on track as House pushes toward votes: The House has pushed a $95 billion national security aid package for Ukraine, Israel and other U ...
apnews.com/article/house-ukraine-speaker-johnson-mtg-68a810a998381dfd9f4c3c4e452b9f51
Quick Glance: Ukraine, Israel Aid Bill Advances in House
- The House has advanced a foreign aid package of $95 billion for Ukraine, Israel, Taiwan, and humanitarian support with rare bipartisan support.
- Speaker Mike Johnson implemented a strategy to secure support for wartime funding, especially for Ukraine in its battle against Russia.
- President Joe Biden and even Republican presumptive presidential nominee Donald Trump have endorsed the speaker's efforts.
- To pass each bill, complex bipartisan coalitions need to be formed by Johnson due to his slim Republican majority in the House, relying on Democratic support.
Bank of England’s Mann Warns World Fragmentation Means More Inflation Shocks: Bank of England policymaker Catherine Mann said the fragmenting global economy will ...
bloomberg.com/news/articles/2024-04-19/boe-s-mann-warns-world-fragmentation-means-more-inflation-shocks
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Equities platform Midas raises $45M Series A as fintech retains its sparkle in Turkey
techcrunch.com/2024/04/19/equities-platform-midas-raises-45m-series-a-as-fintech-retains-its-sparkle-in-turkey/
Quick Glance: Midas Raises $45M in Series A Funding
- A fintech startup called Midas has successfully raised $45 million in a funding round led by Portage Ventures of Canada. This enables investors in Turkey to invest in US and Turkish equities.
- With over 2 million users in Turkey's retail market, Midas offers lower transaction and commission fees for Turkish customers. Additionally, the company provides financial content, real-time stock market data and news, as well as company profiles to educate the market.
- The new funding is intended to introduce three new products: cryptocurrency trading, mutual funds, and savings accounts. Midas plans to expand beyond Turkey and target countries in the MENA region.
- Other participants in the round included International Finance Corporation, Spark Capital, Earlybird Digital East Fund, and Revo Capital. Previously, Midas had already completed a $11 million seed round in 2022 and aims to strengthen its presence in the Turkish financial sector.
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