China’s economic growth shrank significantly in the second quarter of the year mainly due to the zero-infection policy that often paralyzes the economy. According to the Chinese statistical agency, in the second quarter of the year (April-June) growth was 0.4%, while in comparison in the first quarter it had reached 4.8%. Consequently, the growth of […]
Tag: Deutsche Welle Greece
Televised debate on the Johnson succession
Lively debate from the five candidates to succeed outgoing Prime Minister Boris Johnson on Friday night. Sunak and Tungenhat stood out. Only 10 days have passed since Johnson’s official resignation. And yet this period seems like a whole month. The speed with which the candidates emerged, their campaign videos, campaigning and speeches leading up to […]
Nord Stream I: The odyssey of a… turbine
Who would have thought that an innocent German-made turbine currently in Canada for maintenance and about to be transported back to Russia at the Portovaya compressor station near the Russian-Finnish border would cause such a stir. But the Russian invasion of Ukraine intervened, followed by EU sanctions against Russia and Gazprom, and now the turbine […]
German dock workers strike over inflation
This is the biggest strike in German ports in 40 years. Labor unions are demanding wage increases due to galloping inflation. Chaos prevails since yesterday in important ports of northern Germany, from Hamburg, Premerhaven and Bremen to Oldenburg and Wilhelmshaven. The dock workers have been on strike since yesterday with a central slogan to put […]
Will Schröder be expelled from the SPD?
Gerhard Schroeder’s friendly relationship with Vladimir Putin angers many in the SPD. Today, the party process for the possible removal of the former chancellor began. It was the third and … sickening time for the initiation of disciplinary proceedings against the former SPD chancellor with the question of his removal. The two previous dates, in […]
The Draghi government is under threat of collapse
Five Stars will not give a vote of confidence to the Draghi government. Awaiting Sergio Mattarella’s decision on a new vote of confidence. Developments finally followed the direction that had already begun to emerge during the past few days: The Five Stars, after a long discussion, announced that this afternoon they are not going to […]
Waiting for the moment of truth for Nord Stream
Berlin is having second thoughts about prioritizing energy supply if the pipeline is shut down. Germany-Finland dispute over Uniper’s rescue model. There is an important meeting on Olaf Scholz’s daily schedule. This is the president of the Association of German Manufacturers, Siegfried Roosbuhrm, whom he had recently met in the framework of the Industry Day […]
German press: Euro sinks against dollar
The euro has been at a twenty-year low since yesterday, intensifying concerns, while the voluntary solidarity mechanism for the distribution of migrants in the EU is taking shape. Historical date is characterized by Handelsblatt yesterday, when the euro fell to the same level as the dollar. The last time the euro was this weak was […]
Biden Middle East Tour
The US president is criticized for his trip to the Middle East. On the campaign trail he promised to declare the Saudi crown prince undesirable – now he’s upgrading him. The street in front of the Saudi embassy in Washington was recently renamed: “Jamal Khashoggi Street”. It was no coincidence that the self-government of the […]
German press: ‘Explosion’ of the stock market in Turkey
An unexpected development from Turkey. Inflation may have soared to unimaginable heights, but at the same time the Istanbul Stock Exchange is experiencing an unprecedented boom, with the BIST-100 index up 31% since the beginning of the year. How is this explained? THE Süddeutsche Zeitung points out: “With a closer look we see that Turkey […]
