Leaked draft of German working hours law reform proposes flexible schedules and mandatory timekeeping Leaked draft of German working hours law reform would expand scheduling flexibility while imposing strict, mandatory …
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Business
Patrick Schnieder’s Transport Ministry suspends long‑distance rail track fee subsidy
by Leo Müllerby Leo MüllerGermany’s Transport Ministry Halts Trassenpreisförderung for Long‑Distance Rail Germany’s Transport Ministry halts Trassenpreisförderung for long-distance rail, prompting Green accusations of retaliation and raising uncertainty for operators. Transport Ministry halts Trassenpreisförderung …
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Bosch agrees to pay $36 million fine to US over Huawei exports
by Leo Müllerby Leo MüllerBosch fine: company to pay $36 million after unauthorised shipments to Huawei Bosch agrees to pay $36 million to U.S. authorities after subsidiaries exported sensors and software to Huawei without …
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EU energy crisis persists, Commissioner Jørgensen announces electrification proposals for July
by Leo Müllerby Leo MüllerEU energy crisis: Jørgensen warns recovery will take months for oil and years for gas despite Iran‑US deal EU energy crisis: Commissioner Dan Jørgensen warns recovery will take months for …
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German industry employment falls to decade low as hiring lags since 2019
by Leo Müllerby Leo MüllerIndustry employment in Germany drops to decade low as hiring stalls Industry employment in Germany has fallen to a ten-year low of 6.6 million workers, a new study finds, signaling …
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IMD World Competitiveness Ranking: Germany Falls to 23rd Place in 38th Edition Germany drops to 23rd in the IMD World Competitiveness Ranking as high taxes, inflation and infrastructure shortfalls weigh …
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Business
German industry employment hits ten-year low as firms delay hiring
by Leo Müllerby Leo MüllerIndustrial employment in Germany drops to decade low of 6.6 million, study finds Study: industrial employment in Germany falls to 6.6 million and 19% share. Hiring has slowed since 2019, …
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Business
Russian banking sector faces imminent crisis, European intelligence warns
by Leo Müllerby Leo MüllerEuropean intelligence warns of looming Russian banking crisis amid mounting economic strains A classified European intelligence report warns that a Russian banking crisis could be triggered by shocks such as …
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Business
Brexit Ten Years On Reveals Mixed Results on Economy, Migration and Sovereignty
by Leo Müllerby Leo MüllerBrexit at Ten: Mixed Promises, Measured Gains and Lingering Costs Ten years after the 2016 referendum, Brexit’s legacy is mixed: the UK’s economy is modestly larger but the promises of …
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Business
Federal Reserve pauses rates and raises 2026 inflation forecast to 3.6 percent
by Leo Müllerby Leo MüllerFederal Reserve Keeps Interest Rate at 3.5–3.75% as Chair Kevin Warsh Announces Reforms Federal Reserve holds policy rate at 3.5–3.75% in a unanimous pause; Chair Kevin Warsh unveils reforms, raises …