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GERMAN ECONOMY CRISIS
Germany ‘is no longer productive’: Chancellor Merz’s old video criticising work-life balance and four-day week goes viralA resurfaced video of German Chancellor Friedrich Merz saying Germany is “no longer productive enough” has sparked a fresh debate over work...- Charting the global economy: Price pressures continue to bubbleThe personal consumption expenditures price index, excluding food and energy, rose in line with expectations in July.
- Charting the Global Economy: UK payrolls slide, inflation risesThe latest figures show the UK labor market is faltering, with job vacancies reaching a five-year low. Inflation rates have intensified, fu...
- Six EU countries urge windfall tax on energy firmsSix EU nations are urging a bloc-wide windfall tax on oil companies. Profits have surged due to the ongoing Middle East war and rising cost...
- Japan’s yen lesson for India: Don’t fight the currency marketIndia should focus on economic fundamentals and allow the rupee to be largely market-driven. The RBI has some flexibility during a financia...
- Charting the global economy: US employment declines unexpectedlyThe El Niño on track to become the most powerful of the past 76 years is strengthening rapidly, posing a major threat to fragile economies ...
- EU wants bigger banks to rival US lendersThe European Union desires larger banks to enhance global competitiveness. Brussels aims to ease banking regulations and lower capital requ...
- China's oil imports have plunged during the Iran war. How much will they recover?China's oil imports have significantly decreased since April. This reduction has kept global prices stable and freed up supply. Analysts ar...
- China's latest 'shock', German auto pain and the euro/yuan pressure cookerChina's export engine is posting a large trade surplus, defying global challenges and trade tensions. Chinese exports climbed significantly...
- Car crisis takes toll on Germany's young engineersGerman engineers like Max Peil struggle to find employment despite qualifications. The nation's automotive sector faces painful adjustments...
- Bankruptcy boom: Businesses going broke in Europe's biggest economyGermany faces a widespread corporate insolvency crisis impacting numerous sectors. High energy costs and industrial decline are major contr...
- Happy birthday, America? At 250, nation may be too divided to celebrate as oneAmerica's 250th birthday is proving divisive, mirroring the nation's deep political schisms. While some, like Betsy Halsey, refuse to celeb...
- German government averts crisis with budget agreement for Europe's largest economyThe German government, led by Chancellor Olaf Scholz, reached an agreement on Friday regarding the 2025 budget and a stimulus package for t...
- Germany is having a budget crisis. With the economy struggling, it's not the best timeChancellor Olaf Scholz plans to lay out how he and his quarrelsome governing coalition aim to fix things in a speech to parliament Tuesday....
- German car sales down in August: Trade dataVDA president Matthias Wissmann said: "The stabilisation in the domestic car market already seen in July continued in August.
- German business confidence on shaky groundThe Ifo institute in Munich said its business climate index, based on a survey of 7,000 executives, dropped to 102.3 from 103.2 in July. Th...
- European banking crisis can choke trade, finance: IndiaIndia today said a crisis in the European banking system can choke trade and finance and in the process global economic growth.
- German economy contracts in Q4, stokes recession fearGermany may be on the brink of recession after the sovereign debt crisis caused the economy to contract in the final quarter of 2011.
- Moody's keeps negative outlook on German bank sectorInternational ratings agency Moody's maintained its negative outlook on the German banking sector owing to the lasting effects of the finan...
- German economy to grow despite US subprime crisis: Central BankThe German economy will continue to grow despite problems stemming from the US subprime crisis, the central bank said Monday amid concern t...
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