Food prices surge 36% between 2020 and mid‑2025, outpacing overall inflation German government data shows food prices rose 36.3% from 2020 to mid‑2025, far above general inflation; calls grow for …
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Business
Oil prices climb after US strikes on Iran amid Hormuz blockade fears
by Leo Müllerby Leo MüllerOil price jumps as renewed US‑Iran strikes and Strait of Hormuz fears roil markets Global oil price edges higher after US attacks on Iran and tensions around the Strait of …
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Business
Oil prices climb as US-Iran strikes raise Strait of Hormuz closure fears
by Leo Müllerby Leo MüllerOil price climbs as US strikes Iran push Brent to $78.50 amid Strait of Hormuz worries Tensions between the United States and Iran have driven the oil price higher, with …
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U.S. trade deficit jumps to $77.6 billion in May as imports outpace exports U.S. trade deficit surged to $77.6bn in May as imports rose and exports fell, led by pharmaceuticals, …
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German producer prices climb 2.2% in May as oil shock drives costs German producer prices rose 2.2% year‑on‑year in May as energy and input costs surged following oil supply disruptions …
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Business
German corporate insolvencies climb 6.5% in Q1 2026 as transport sector leads
by Leo Müllerby Leo MüllerCompany insolvencies in Germany rise in Q1 2026 as transport sector records highest rate Company insolvencies in Germany rose 6.5% in Q1 2026 to 6,275 filings; transport and storage led …
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Business
German housing permits climb 14.6% in Q1 amid Middle East conflict fears
by Leo Müllerby Leo MüllerBuilding permits in Germany jump 14.6% in Q1 as housing recovery faces geopolitical headwinds Germany’s building permits surged 14.6% year-on-year in the first quarter, with 63,500 approvals from January to …
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Business
Oil prices surge after US-Iran talks collapse as bond yields climb
by Leo Müllerby Leo MüllerMarkets Hold Steady as Strait of Hormuz Tensions Send Oil Prices Soaring After US-Iran talks collapsed, markets opened modestly lower while oil and bond yields surged as concerns over the …