Business Insolvencies in Germany Rise Sharply as Rescue Rates Plummet Business insolvencies in Germany are rising as rescue rates fall; administrators warn of growing large-company failures and weakened investor appetite. …
crisis
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Politics
US strikes Iran again undermine Trump’s midterm prospects amid energy crisis
by Hans Ottoby Hans OttoUS Strikes Iran Again as Tentative Ceasefire Talks Stall, Raising Political and Energy Risks US strikes Iran again amid stalled talks, while a tentative ceasefire extension awaits presidential sign-off; the …
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Business
Cuba Energy Crisis Deepens as US Pressure and Venezuela Halt Fuel Shipments
by Leo Müllerby Leo MüllerCuba energy crisis deepens as blackouts, fuel shortages and sanctions cripple services Cuba energy crisis intensifies with 12–16 hour blackouts, dwindling fuel after Venezuela halted shipments, and U.S. sanctions squeezing …
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Business
German long-term care insurance faces June liquidity crisis as reform advances
by Leo Müllerby Leo MüllerGermany’s long-term care insurance deficit forces urgent reform push Germany’s long-term care insurance deficit has reached crisis levels, prompting Health Minister Nina Warken to advance a stabilization bill as ministers …
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Business
German Domestic Tourism Expected to Surge at Coasts Amid Middle East Crisis
by Leo Müllerby Leo MüllerGermany domestic tourism gains as Middle East crisis redirects holidaymakers to North and Baltic coasts Middle East conflict and rising fuel costs are driving Germany domestic tourism to beaches and …
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CHIO Aachen draws 100,000 fans as Richard Vogel wins Grand Prix and Rolex Grand Slam bonus Aachen’s CHIO Aachen drew more than 100,000 spectators over Pentecost as Richard Vogel took …
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Business
Japan Releases 1.6 Million Surgical Gloves Amid Naphtha Supply Crisis
by Leo Müllerby Leo MüllerNaphtha shortage in Japan forces emergency glove release and hits factories and packaging Naphtha shortage in Japan disrupts medical supplies, packaging and auto production; government releases 1.6 million surgical gloves …
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Business
German airports warn kerosene crisis could trigger 20 million cancellations this summer
by Leo Müllerby Leo MüllerKerosene crisis threatens summer flights at German airports, ADV warns Kerosene crisis could force flight cancellations affecting up to 20 million passengers at German airports this summer, ADV warns; carriers …
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Business
German companies face survival crisis as ifo survey finds 8.1% threatened
by Leo Müllerby Leo MüllerGerman companies fear insolvency as surveys show rising distress across sectors Survey and statistics signal growing insolvency risk for German companies; 8.1% report existential threats and retail reaches new highs. …
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Business
German Kerosene Supply Faces Crisis as Druschba Pipeline Blockade Cuts Crude
by Leo Müllerby Leo MüllerGermany’s kerosene supply strained as Druzhba pipeline halt leaves Schwedt short of crude Germany’s kerosene supply strained after Russia halted the Druzhba pipeline; Schwedt refinery lacks about 20% crude. Berlin …