Low Rhine water levels threaten Germany’s economy, IfW warns of Q3 GDP hit Low Rhine water levels could shave up to 0.2% off Germany’s Q3 GDP, IfW warns, as cargo …
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European sovereign debt risks prompt urgent long-term fiscal overhaul, Fuest warns
by Leo Müllerby Leo MüllerState Debt in Europe Forces Call for Long-Term German Fiscal Repair Program Rising state debt in Europe demands a long-term German fiscal repair program with spending cuts and tax increases …
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Politics
BKA reveals extremist threat figures after CSD attack but warns of limitations
by Hans Ottoby Hans OttoBKA Releases Figures on Extremist ‘Gefährder’ After CSD Attack, Issues Caution The Federal Criminal Police Office (BKA) has released updated figures on extremist “Gefährder” in the wake of the CSD …
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Business
German steel industry warns of mass job losses amid green transformation
by Leo Müllerby Leo MüllerGerman steel industry faces deep restructuring as modest production uptick fails to stem job losses German steel industry faces shrinking production and thousands of job cuts as green transition begins; …
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German industry warns of decline, urges five reforms to save industrial base
by Leo Müllerby Leo MüllerGerman industry loses ground as capacity erosion threatens economic competitiveness German industry loses ground as investment, skills shortages and rising energy costs combine to erode manufacturing capacity and competitiveness, experts …
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Politics
AfD support climbs after Berlin CSD attack even when attackers are right-wing, researcher warns
by Hans Ottoby Hans OttoBerlin CSD attack sparks debate over political fallout as researcher warns AfD gains after violent incidents A vehicle ploughed into a crowd near the Berlin Christopher Street Day (CSD) festivities, …
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Gas heating costs could nearly double by 2040, IW study warns
by Leo Müllerby Leo MüllerGas heating could nearly double household bills by 2040, IW study warns A new Institute of the German Economy (IW) study warns that gas heating installation may lead to sharply …
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Business
German industry sheds 15,000 jobs monthly, employment at decade low, BDI warns
by Leo Müllerby Leo MüllerGerman industry jobs fall by 15,000 a month, BDI warns of critical decline Germany’s industrial jobs crisis deepens as the Federation of German Industries (BDI) reports a monthly loss of …
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Politics
Madrid wildfire cannot be extinguished, minister warns, 140,000 evacuated
by Hans Ottoby Hans OttoMadrid wildfires merge into vast blaze as France orders evacuations Madrid wildfires merge into a massive blaze; France orders evacuations. Trump mocked the press at the WHCD while Germany’s Verfassungsschutz …
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Business
ETFs outnumber US single stocks as report warns investors about low-quality offerings
by Leo Müllerby Leo MüllerUS Market Flooded with ETFs: Why ‘ETF Slop’ Is Growing and How Investors Should Respond ETFs now outnumber U.S. stocks, but many are thinly diversified. Read why low‑quality ETFs proliferate, …