Anatomy of Germany's Reliance on Russian Natural Gas: Decades of Addiction
#International #Business #RussiasWarAgainstUkraine #VladimirPutin #Russia #FossilFuels #WindEnergy #GermanEnergyRevolution #NaturalGas #RenewableEnergy #Energy

The Americans warned Germany, as did the Eastern Europeans․ But Germany just continued buying more and more natural gas from Russia․ The addiction stretches back several decades, and it is full of misjudgments and errors․

A Global Shopping Tour: Where Will Germany Get Its Energy in the Future?
#International #Business #RussiasWarAgainstUkraine #Russia #GermanForeignPolicy #WindEnergy #OffshoreWindParks #FossilFuels #SolarPower #GermanEnergyRevolution #NaturalGas #NuclearPower #RenewableEnergy #Coal

Germany must not only free itself from Russian gas, but from fossil fuels altogether․ Where will those future energies come from?

BioNTech Founder Uğur Şahin: "The Virus Continues To Mutate at a High Speed"
#International #Business #COVID19 #Coronavirus #Englisch

We were fortunate that Omicron turned out to be as mild as it has been, says BioNTech co-founder Uğur Şahin․ In an interview, he says he expects that his company's adapted vaccine will be available in September, just in time for the first Oktoberfest to take place in Germany since the pandemic․

What the Natural Gas Shortage Means for Germany: A Winter of Privation?
#International #Business #NaturalGas #RenewableEnergy #NuclearPower #RussiasWarAgainstUkraine #VladimirPutin #Russia #LNG #NordStream #GasPipelines #Gazprom #LiquefiedNaturalGas

Gazprom is no longer delivering natural gas to Germany through the Nord Stream 1 pipeline․ What does that mean for the coming winter? We have answers to the most pressing questions․

European Commissioner Gentiloni: "The Coming Winter Could Be One of the Worst in History"
#International #Business #EuropeanUnion #RussiasWarAgainstUkraine #Ukraine #NaturalGas #NordStream #VladimirPutin #Russia

European Economy Commissioner Paolo Gentiloni is warning of an economic downturn in the coming months․ In some countries, energy rationing may become necessary and new aid packages may ultimately be unavoidable․

Energy Crisis Fallout: How Bad Will the German Recession Be?
#International #Business #GermanEconomy #Globalization #RussiasWarAgainstUkraine #Russia #VladimirPutin

The first German companies have begun throwing in the towel and consumption is collapsing in response to the fallout from exploding energy prices․ The economy is sliding almost uncontrolled into a crisis that could permanently weaken the country․

Growing Energy Crisis: A Grave Threat to Industry in Germany
#International #Business #RussiasWarAgainstUkraine #NaturalGas #NuclearPower #RenewableEnergy #EuropeanUnion #GermanEconomy

The German economy has long been rooted in the country's industrial prowess․ But with energy prices skyrocketing, many companies face a murky future․ Some have begun considering relocation, highlighting a possible long-term threat to the country's business model․

Star Economist Roubini on the Global Crises: "World War III Has Already Effectively Begun"
#International #Business #RussiasWarAgainstUkraine #Russia #Ukraine #Globalization

Global warming, war and inflation: The world seems to be in a perpetual state of crisis at the moment․ In an interview, crash prophet Nouriel Roubini identifies 10 "megathreats" we are facing and how he is dealing with them․

Business As Usual: German Companies Ignore Major Risks in China
#International #Business #ChineseEconomy #China #HumanRightsinChina #GermanExports #GermanForeignPolicy

Critics like Economy Minister Robert Habeck are warning Germany's industrial giants from becoming too dependent on Beijing․ But it seems many haven't the learned the lesson from Russia of the perils of doing business with autocratic countries․

DER SPIEGEL Survey: Musk Destroys Tesla Image in Germany
#International #Business #AutomotiveIndustry #ElectricCars

Germans have a disastrous view of Tesla, with company founder Elon Musk's behavior hardly helping․ Whether from a likeability or quality perspective, the Tesla brand is far behind its German competitors․

Gita Gopinath: "The Fight against Inflation May Take Somewhat Longer"
#International #Business #GermanEconomy #EuropeanUnion #EuropeanCentralBank

Whether it is Europe's inflation struggle, China's real estate crisis or global protectionism, Gita Gopinath is skeptical about the immediate future․ In an interview, though, the deputy head of the IMF also sees small glimmers of hope․

Support for Russia's War Economy?: A German Auto Parts Supplier Raises Eyebrows
#International #Business #RussiasWarAgainstUkraine #Ukraine #VladimirPutin #Russia #AutomotiveIndustry

German auto parts supplier Schaeffler is selling its factory in Russia․ But a letter to the Russian president and a questionable loan are raising questions about the role of a Russian oligarch in the deal – and whether the plant could supply parts to Putin's war machine in the future․