German Building Modernization Act Passed, Allows Gas and Oil Heaters with Rising Biofuel Quotas New German Building Modernization Act permits gas and oil heating installations if suppliers and owners phase …
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Business
Travel booking scams strand tourists in Paris amid rising threats
by Leo Müllerby Leo MüllerTravel booking scams leave tourists stranded in Paris, victims report multilingual “Scam” calls Hundreds of travelers say they were duped by travel booking scams that left them stranded in Paris, …
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Business
German industry faces rising material shortages as Iran war disrupts supply chains
by Leo Müllerby Leo MüllerMaterial shortages in Germany climb to 17.2% of firms in June, ifo Institute finds Material shortages in Germany climbed nationwide to 17.2% of firms in June, the ifo Institute reports, …
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Business
Russian economy facing prolonged stagnation and rising war costs, Prokopenko warns
by Leo Müllerby Leo MüllerCarnegie Expert Says Russian Economy Faces Prolonged Stagnation as War Costs Balloon Carnegie’s Alexandra Prokopenko warns the Russian economy faces prolonged stagnation, rising war costs and a widening budget gap …
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Technology
Apple warns rising storage costs could force iPhone price increases
by Helga Moritzby Helga MoritzApple Signals Possible iPhone Price Increase as Storage Costs Surge Apple warns rising storage costs may force an iPhone price increase, ending years of stable pricing secured by long-term supplier …
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Business
Vonovia CEO warns rising expropriation rhetoric deters investors and risks housing
by Leo Müllerby Leo MüllerVonovia expropriation debate intensifies as CEO warns of harassment and investor risk Vonovia expropriation debate heats up as CEO Luka Mucic warns of harassment and investor risk, proposing targeted regulation …
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Politics
Iranian regime’s rising assertiveness signals strategic shift in Middle East war
by Hans Ottoby Hans OttoIranian Regime Confidence Rises Amid Chaotic Cross-Border Strikes and Fleeting Ceasefires Rising Iranian regime confidence reshapes a volatile regional conflict marked by intermittent strikes, aborted U.S. threats, brief ceasefires and …
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Politics
Drones pose rising espionage and sabotage risk to German economy, agency warns
by Hans Ottoby Hans OttoVerfassungsschutz Warns of Rising Drone Threat to German Economy Bundesamt für Verfassungsschutz issues a visual red alert as Germany warns businesses of a rising drone threat to the German economy …
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Business
Homebuyers’ Dream Falters as Lack of Equity and Rising Rates Block Mortgages
by Leo Müllerby Leo MüllerDown Payment Hurdle Blocks Many German Homebuyers Rising interest rates and lender rules are raising required down payments, blocking many Germans from buying a home; brokers offer strategies to bridge …
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Business
Bafög reform blocked as German students struggle with rising living costs
by Leo Müllerby Leo MüllerBafög reform stalls as students working long hours warn of widening inequality Bafög reform stalls as students working long hours, like Lina Schuurman, urge change; many cannot access aid because …