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…
By the end of 2025, the Arrow 3 missile defence system is expected to be fully operational Apparently, the United States has also approved the deal, as they were involved in the system’s development. This marks the largest arms deal in Israel’s…
A US court has declared a law favouring fossil fuels in Montana unconstitutional and ruled in favour of a group of young climate activists.Washington – In a historic decision, a group of young plaintiffs from the state of Montana, USA, has won…
In Abu Dhabi, the government aircraft carrying Foreign Minister Annalena Baerbock (Green Party) took off on a Monday at 3:33 AM local time (1:33 AM in Germany). The plane had been refuelled for its onward journey to Australia. However, shortly after takeoff,…
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,…
Certain countries are employing legal instruments that were initially introduced to combat organized crime and extremist groups Roadblocks on major highways in the United Kingdom caused traffic chaos, protests at oil facilities in Germany disrupted energy supply, and in France, thousands of…
As the expansion of renewable energy sources continues, the need for effective storage solutions is also growing. Shell’s subsidiary is planning to significantly expand the capacity of its virtual power storage. The German solar company Sonnen has set an ambitious goal of…
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…
Lack of equality or complete absence thereof The German Institute for Human Rights observes that people with disabilities in Germany still cannot live on equal terms. It criticizes specific facilities such as special schools and workshops for people with disabilities, which it…
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…