A quarter of a century ago, the “Economist” labelled Germany as the sick man of Europe. Reunification, a rigid job market, and diminishing export demand put the economy to a tough test and pushed unemployment into double digits. However, reforms in the…
Following the National-Roaming deal between 1&1 and Vodafone, Telefónica Deutschland shares experienced a significant drop in price After JPMorgan withdrew its buy recommendation for Telefónica Deutschland stocks, they are approaching a record low. On Tradegate, they experienced a loss of 1.6 percent,…
As economic uncertainty looms and concerns about a possible recession intensify, The Conference Board, Inc. has conducted a comprehensive study to pinpoint the industries most susceptible to job losses. The research group’s findings shed light on the sectors that might face the…
Europe is increasingly importing cars and machines from China instead of Germany German companies are facing increasingly stronger competition from Chinese rivals in their European home market, as indicated by a study conducted by the Institute of German Economy (IW). Experts predict…
Financial analysts and experts have been ringing the alarm bells, forewarning the possibility of an impending recession in 2023 or 2024. These cautionary forecasts, while evoking anxiety, beg the question: should we truly be bracing for a downturn in the economy? Examining…
After weathering a storm of market uncertainties last year, the stock market has emerged with renewed vigor in 2023. A driving force behind this resurgence is the remarkable ascent of artificial intelligence (AI), propelling select players in the AI space to new…
The Russian economy is proving resilient to the sanctions imposed by Western countries As per information provided by financial services company Bloomberg, Russia is currently undergoing a noteworthy resurgence following four consecutive quarters of economic contraction. During the second quarter, the country’s…
In an unexpected turn of events, the UK economy has displayed signs of growth in the three months leading up to June 30, defying economists’ predictions. While this seemingly positive news provides a glimmer of hope, several underlying factors cast doubt on…
The surge in corporate insolvencies within Germany remains robust. In July, there was an almost 23.8 percent rise in the number of companies resorting to standard insolvency procedures compared to the corresponding month of the previous year. The Federal Statistical Office in…
U.S. federal banking regulators have unveiled a bold proposal with far-reaching implications for the financial industry. On July 27, 2023, they introduced plans that could require banks with assets exceeding $100 billion to hold nearly 20% more capital in reserve. This move…