"Invisible inflation": how quality losses drive prices unnoticed
Synopsis by FOCUS online - Nachrichten Aug 04 22
Prices are rising everywhere. Some consumers suspect that inflation rates do not even reflect ...Read full article 
FOCUS online - Nachrichten: "Invisible inflation": how quality losses drive prices unnoticed
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| Last Updated | Aug 04 22 |
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Cash: Germans' assets at record value - Daily money is also popular: The Germans have more money in their pockets again. The reason for this is higher interest ...
t-online.de/finanzen/aktuelles/id_100388504/bargeld-vermoegen-der-deutschen-auf-rekordwert-auch-tagesgeld-beliebt.html
Financial assets of private households at a record high: Overall, people in Germany have more financial assets than ever before. However ...
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Iran-Israel tensions: Can Iran's economy handle a war?: Iran is suffering from inflation, currency depreciation and the impact of international sanctions ...
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Riester pension disappoints: many only receive measly returns: Disappointing Riester pension: New figures from the Federal Ministry of Finance reveal low payout ...
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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.
Economy in Germany: BDI boss Russwurm warns traffic light government: Industry President Russwurm warns of a long economic downturn. And explains what the ...
t-online.de/finanzen/aktuelles/wirtschaft/id_100388468/wirtschaft-in-deutschland-bdi-chef-russwurm-warnt-ampelregierung.html
Traditional German company is insolvent - Bankruptcy after almost 100 years: The chain of corporate bankruptcies never stops. Now it's happening to a traditional ...
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Mother of four Angelina lives on citizen's money - and saves 1000 euros every month
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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
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Financial assets of private households at a record high: Overall, people in Germany have more financial assets than ever before. However ...
merkur.de/wirtschaft/geldvermoegen-privater-haushalte-auf-rekordhoch-zr-93018343.html
Measly Riester earnings: cancel the contract quickly - or not?: The Riester pension has been under discussion for a long time. The first payout statistics do not ...
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Combustion engines at VW, BMW and Mercedes: Which classics should disappear - and which ones don't
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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 ...
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JPMorgan warns of need for ‘reality check’ on phasing out fossil fuels: US bank says higher interest rates, inflation and global conflict have dented outlook for ...
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Quick Glance: JPMorgan warns of Need for 'Reality Check' on Phasing out Fossil Fuels
- JPMorgan warns of setbacks in transitioning to renewable energy due to higher interest rates, inflation, and global conflicts.
- Investment in renewable energy currently offers subpar returns, potentially leading to social unrest.
- JPMorgan forecasts increasing demand for oil and gas until 2030, highlighting challenges in transitioning to renewable energy.
- Wood Mackenzie warns of the impact of higher interest rates on transitioning to a global net-zero economy, especially for renewables and nuclear power.
Volkswagen in the USA: Workers vote for union: The US organization UAW will represent the rights of employees at a foreign car manufacturer for the first time.
sueddeutsche.de/wirtschaft/volkswagen-usa-gewerkschaft-uaw-1.6564341
Why more and more managers are getting coached: Whether fitness or business coach: More and more managers are seeking professional support ...
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Varoufakis after entry ban: Berlin “has reached the point of self-abasement”: The former Greek finance minister was recently declared persona non grata in Berlin ...
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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 ...
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Buy stable and increasing income with these three dividend ETFs: Three dividend ETFs with high and growing payouts: Global (2.5%), Europe (3.5%) and Worldwide (5 ...
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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 ...
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Paid articlePaid 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 ...
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Paid articlePaid For three companies: Aldi supplier Stute files for bankruptcy: For three companies: Aldi supplier Stute files for bankruptcy
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Baby food in developing countries: Nestlé gives sugar to poor babies: In developing countries, Nestlé often adds sugar to infant formula. This is bad for your ...
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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 ...
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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 ...
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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 ...
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Mortgage rates top 7 percent for first time in 2024: Mortgage rates topped 7 percent for the first time this year, according to data released Friday by Freddie ...
thehill.com/business/4605828-mortgage-rates-top-first-time/
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 ...
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Germany arrests two dual nationals over alleged Russian sabotage plot: Prosecutors accuse German-Russian duo of being prepared to ‘carry out explosive and arson ...
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Illegal streaming: charges against “Movie2k” operator: The Dresden Public Prosecutor's Office has charged the second alleged operator of the film portal ...
faz.net/aktuell/wirtschaft/unternehmen/illegales-streaming-anklage-gegen-movie2k-betreiber-19662429.html
Balance sheet and sustainability: "You can't artificially separate the two": Melanie Sack, spokesperson for the board of the IDW auditing institute ...
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Bag of Rice Still Selling for Up to N84,000 in Lagos: To verify if a bag of rice indeed sells for N60,000, FIJ took to two food markets in Lagos to ask the ...
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Escalating Middle East tensions a fresh jolt to world markets: Reports of an Israeli attack on Iranian soil that possibly drags the Middle East into a deeper ...
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Quick Glance: Escalating Middle East Tensions Shake World Markets
- Reports of an Israeli attack on Iranian soil potentially dragging the Middle East into a deeper conflict have rattled world markets with geopolitical risks.
- Stocks fell, oil briefly rose over $3 per barrel, and safe-haven government bonds rallied.
- The heightened tensions bring fresh uncertainty and fuel concerns that high oil prices and potential supply disruptions will keep inflation high.
- Energy stocks benefit from higher oil prices, while demand for safe-havens like US or German bonds rises amid renewed inflation risks from rising oil.
Comeback of “Germany’s most beautiful policewoman”: Where Adrienne Koleszár from Dresden is now on patrol
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Shortage of skilled workers in Germany: Lack of a welcoming culture, bureaucratic hurdles and right-wing populism: Many international skilled workers are now ...
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Analyst: The simple times on the stock market are over - This is what investors face
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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
Steel company closes German locations - Employees now have these options: Steel company Outokumpu has sealed the closure of two German locations ...
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Economic crisis exposes Germany's ideological stalemate: Germany is the worst-performing major economy in the world, but ideological differences within the ...
euractiv.com/section/economy-jobs/news/economic-crisis-exposes-germanys-ideological-stalemate/
Average mortgage holder spending record $2,800 on monthly payments: The median monthly mortgage payment jumped 11% in the past year due to surging interest rates ...
businessinsider.com/mortgage-payments-housing-market-interest-rates-house-prices-sales-2024-4
Quick Glance: Mortgage Rates Surge Above 7% in 2024, Posing Major Dilemma for Homebuyers
- US mortgage rates have surged above 7%, increasing costs for homebuyers.
- The rise in mortgage rates impacts monthly costs, limiting purchasing power.
- Uncertainty surrounding rate trends poses a decision dilemma for potential homebuyers.
- Experts anticipate a moderate easing of mortgage rates later in the year.
5 worries keeping Biden, Democrats up at night: President Biden’s campaign is feeling good about where it is in its battle for reelection ...
thehill.com/homenews/campaign/4605899-five-worries-keeping-biden-democrats-up-at-night/
Petrol and diesel back to nearly €2 a litre as drivers hit by biggest price rise this year
independent.ie/business/personal-finance/petrol-and-diesel-back-to-nearly-2-a-litre-as-drivers-hit-by-biggest-price-rise-this-year/a1753249448.html
Attention Cathie Wood fans: You can now buy these ETFs from the star investor in Germany
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“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
Few in new poll say Biden law has helped fight climate change: Very few Americans believe the Inflation Reduction Act (IRA), signed into law by President Biden ...
trib.al/XuRnSYN
Wind power expansion in the “climate laboratory”: "China could press a button and Germany would be dark"
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Social Security cost of living boost in 2025? Early estimate calls for 2.6% increase
freep.com/story/money/personal-finance/susan-tompor/2024/04/18/how-high-could-inflation-drive-social-security-cola-hike-in-2025/73327853007/
Quick Glance: Powell Warns of Lack of Progress on Inflation
- Federal Reserve Chair Jerome Powell emphasized that the U.S. economy, while otherwise strong, has not seen a return of inflation to the central bank's target.
- Powell mentioned that the current policy should remain in place as inflation has not declined quickly enough and there has been no further progress towards the 2% goal.
- Since July 2023, the Fed has maintained its benchmark interest rate in a target range between 5.25% and 5.5%, the result of 11 consecutive rate hikes.
- Financial markets have had to adjust their expectations for rate cuts this year as inflation has been higher than expected, and the Fed's policy continues to be dependent on data.
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/
Money latest: Should you pay your kids for good grades? Here's what psychologists think
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Should you wait for interest rate cuts to buy a house?: Once interest rates fall, property prices would likely go up, but buyers could borrow more money ...
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Stock market today: Stocks slide for the 5th straight session: The S&P 500 hit its worst losing streak since last October as investors recalibrate amid forecasts ...
markets.businessinsider.com/news/stocks/stock-market-news-fifth-loss-fed-speakers-rate-cuts-delay-2024-4
The truth comes out: US is paying dearly for outperformance : The United States is floating on a giant pumped-up air mattress of excess federal spending and no ...
thehill.com/opinion/finance/4602451-the-truth-comes-out-us-is-paying-dearly-for-outperformance/
Trump Media tells shareholders how to block their DJT stock being loaned to short sellers
cnbc.com/2024/04/18/trump-media-tells-djt-shareholders-how-to-block-short-sellers.html
How much money do you need to retire? Most Americans calculate $1.8 million, survey says.
usatoday.com/story/money/personalfinance/2023/08/02/how-much-money-americans-need-for-retirement/70507274007/
Instant view: Oil, Japan's yen up on reports Israeli missiles hit Iran: Oil and gold prices rose and Japan's yen rallied on Friday on reports Israeli missiles ...
reuters.com/markets/view-oil-japans-yen-up-reports-israeli-missiles-hit-iran-2024-04-19/
Heineken Ireland is latest to hike price of pint from June: Heineken Ireland has announced that the price of its draught products will increase from June 4.
independent.ie/business/irish/heineken-ireland-is-latest-to-hike-price-of-pint-from-june/a1053458282.html
Why is the economy so strong? New hires are spending more and upgrading their lifestyles
usatoday.com/story/money/2024/04/18/strong-job-growth-bolsters-spending/73351285007/
America’s interest rates are unlikely to fall this year: That will squeeze financial markets and the world economy
economist.com/leaders/2024/04/17/americas-interest-rates-are-unlikely-to-fall-this-year
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
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 ...
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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/
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
Paid articlePaid Temporary workers initially affected: Tesla separates from 300 employees in Germany
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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
Global economy threatens to shrink by a fifth by 2050: According to a study, the damage caused by climate change is six times higher than the cost of climate ...
faz.net/aktuell/wirtschaft/weltwirtschaft-droht-bis-2050-um-ein-fuenftel-zu-schrumpfen-19661042.html
Innovations: VW invests the most: Research expenditure: Germany is being left behind
sueddeutsche.de/wirtschaft/vw-amazon-forschung-innovation-1.6559809
Ailing economy: Munich Re CEO demands far-reaching reforms from politicians: A dissatisfied voice from the business world: The CEO of reinsurer Munich Re ...
spiegel.de/wirtschaft/unternehmen/munich-re-chef-joachim-wenning-fordert-von-politik-tiefgreifende-reformen-a-89789bf0-7d51-4b87-90ed-5543eb0fc569
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
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
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/
If the Reserve Bank were a football coach, it would have been sacked eons ago: The bank’s job is to hold inflation between 2 and 3 per cent. Since mid-2014 ...
smh.com.au/politics/federal/if-the-reserve-bank-were-a-football-coach-it-would-have-been-sacked-eons-ago-20240418-p5fkv9.html
EU expected to sue Germany over gas tariff, sources say: The European Commission is expected to sue Germany for charging its neighbours an extra fee for buying ...
reuters.com/business/energy/eu-expected-sue-germany-over-gas-tariff-sources-say-2024-04-17/
DIW analysis: More people are working in Germany than ever before: Finance Minister Christian Lindner bemoans the Germans' attitude towards work - even though ...
spiegel.de/wirtschaft/in-deutschland-wird-so-viel-gearbeitet-wie-noch-nie-diw-auswertung-a-01fb269f-3ed5-4e67-88ec-ecfe5bfb049f
Weakest growth of the G-7 countries: The International Monetary Fund (IMF) lowers the forecast for Germany - The World Week
weltwoche.de/daily/schwaechstes-wachstum-der-g7-staaten-der-internationale-waehrungsfonds-iwf-senkt-die-prognose-fuer-deutschland/
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
Paid articlePaid First German city cannot supply new customers with electricity: too many heat pumps are putting a strain on the grid
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