Source link Berlin remains highly dependent on Beijing for various products and raw materials, data shows It would take decades for German businesses to end their reliance on imports from China, the chief financial officer of industrial giant Siemens told the Financial Times on Sunday. Last year Berlin drew up a strategy that policymakers called […]
Source link A court has ruled that retail chain Tegut must comply with centuries-old legislation despite not having human employees A court in the central German state of Hesse has banned local vending machine chain Tegut from operating on Sundays, citing the country’s century-old law, Financial Times reported on Friday. A mandatory day off on […]
Source link The profits generated from Moscow’s frozen assets can be used to support the Ukrainian military, the chancellor has argued German Chancellor Olaf Scholz has claimed that the money generated from Russia’s frozen assets in the EU does not belong to anyone, arguing once again that it can be used by Brussels to purchase […]
Source link Berlin has curbed spending, having limited some funds for businesses that were already struggling with higher energy costs German family-led companies, traditionally seen as the backbone of the country’s economy, have found themselves on the verge of bankruptcy, Bloomberg reported on Saturday, citing business figures and industry analysts on the ground. Owners of […]
Source link Trains running between Frankfurt and Stuttgart were cancelled on Monday after infrastructure was vandalized A number of high-speed trains travelling between Frankfurt and Stuttgart were canceled on Monday after key infrastructure was vandalized by metal thieves. According to Deutsche Bahn, the country’s rail operator, the heist of metal parts was discovered on Monday […]
Source link Surging energy costs have led to factory closings and the shifting of production lines overseas, Bloomberg says Germany’s reign as an industrial superpower is “coming to an end” as the loss of cheap Russian natural gas amid the Ukraine crisis has dealt a “final blow” to manufacturers that were already struggling to remain […]
Source link Berlin has been exporting less to the Asian country in recent years, statistics have shown The US is on track to surpass China as Germany’s leading trade partner as soon as next year, Reuters reported this week, citing the German Chamber of Industry and Commerce (DIHK). China has held the top spot for […]
Source link Berlin reportedly wants to slash its contributions to the European Peace Facility, citing its generous unilateral aid to Kiev Bickering among European Union member states over the way the European Peace Facility operates could delay weapons shipments to Ukraine, the Financial Times has claimed. Germany is reportedly seeking to reduce its share in […]
Source link Berlin is backing a genocidal action against innocent civilians, Adamu Garba told RT The West needs to review its own values, democracies, human rights policies, and its institutions, Adamu Garba, a former Nigerian senator, has told RT in an exclusive interview. That Germany follows double standards is shocking, he said. Garba, who served […]
Source link Berlin has declared itself an expert in mass extermination of people by making the move, Russia’s Foreign Ministry spokeswoman says Russia is not surprised that Germany has decided to defend Israel in a genocide case in the International Court of Justice (ICJ), as unconditional support for the Jewish state is obligatory in Washington’s […]
Source link The country is now in a “particularly” difficult situation, Vice-Chancellor Robert Habeck has warned The German economy has lost its competitive advantage after abandoning Russian gas supplies, Vice-Chancellor and Economy Minister Robert Habeck stated on Wednesday. The EU’s top economy benefited from cheap Russian energy for over two decades. It relied on the […]
Source link The reduction caused by the industrial slump is not sustainable, a think tank has warned A slump in industrial production and an economic downturn in Germany, Europe’s biggest economy, have caused carbon emissions to drop to their lowest level in seven decades, a German think tank has reported. Last year, Germany’s greenhouse gas […]
Source link Households in Germany will continue to struggle with high electricity and heating costs amid the cost-of-living crisis, Der Spiegel reported on Wednesday, citing the country’s Federal Network Agency. The warning comes despite the recent fall in household energy prices, which have decreased 4.5% this year up to November 2023. “The era of cheap […]
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Source link Berlin abandons its own national interests in order to satisfy the whims of its “allies,” the Russian President has said Germany is being bossed around by its Western partners because it lacks sovereignty, and its policymakers demonstrate poor leadership skills, Russian President Vladimir Putin said at a Wednesday meeting with young Russian scientists. […]