The Eurozone’s industrial economy sank deeper into recession last month, according to the Hamburg Bank of Commerce’s purchasing managers index (PMI).
Tag: Germany
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PRIVATE GERMAN COMPANIES RUSH TO POSITION THEMSELVES TO BENEFIT FROM BERLIN’S MASSIVE MILITARY BUILDUP
There’s a rush inside Germany among companies and workers who want a piece of the action as Berlin committed itself to increasing military spending by more than $500 billion over the next 10 years and see the funds as a way to shake off the country’s struggling industrial economy.
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HE SHOULD KNOW! GERMANY CHANCELLOR WHOSE GRANDFATHER SERVED IN THE NAZI PARTY COMPARES PUTIN TO HITLER
Friedrich Merz, the warmongering German chancellor, addressed a conference on Sunday and compared President Vladimir Putin to Adolph Hitler—stating that if Russia is not stopped in Ukraine, it will continue on, just like the "Sudetenland was not enough” for the Nazi leader in 1938.
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GERMANY PLANS FOR WAR WITH RUSSIA
German officials are reportedly working on plans to mobilize Europe against Russia over what officials in the country say is a high likelihood that the Kremlin will be willing to attack NATO states by 2029.
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TRUMP’S TARIFFS HOBBLE GLOBAL GROWTH
The impact of Donald Trump’s tariff war on the world’s economy has been less than feared but still has taken a toll, according to figures released by several national governments.
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EUROPE’S ECONOMY BECOMING OBSOLETE, LAGARDE WARNS
Europe’s model of economic prosperity “is geared towards a world that is gradually disappearing,” Christine Lagarde, president of the European Central Bank (ECB), said in a 21 November keynote speech to the European Banking Congress.
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FUTURE OF GERMANY’S ECONOMY LOOKING WORSE
Surveying 186 economic analysts, German thinktank ZEW said its monthly Indicator of Economic Sentiment slipped 0.8 of a percentage point from October, settling at 38.5.
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GERMANS SEE HEATING BILLS TRIPLE SINCE OUTBREAK OF UKRAINE WAR
Germans are forced to spend more on their energy demands because of Berlin’s decision to cut off Russian gas, and have seen their heating bills increase by 82 percent since 2021, Euronews reported.
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NUREMBERG ACCUSED OF CENSORING BOOK FAIR THAT CONTAINED LITERATURE ON GAZA, RISK OF WWIII
Nuremberg, the German city, was accused last week of pulling the plug on a book fair that was to feature literature on the Gaza genocide and the looming world war.
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GERMANY’S ECONOMIC DECLINE IS ‘DRAMATIC,’ THINKTANK SAYS
Germany’s economic productivity has flatlined since 2018 and the country’s economic decline is becoming “dramatic,” according to a report by the Ifo Institute, a German research organization widely regarded throughout Europe.