The Coronavirus Could Cripple Public Finances
#International #Germany #Coronavirus #GermanEconomy

The coronavirus has plunged the global economy into a new phase of uncertainty․ Governments and central banks are once again trying to shield companies and banks from collapse with massive bailouts․ But there is danger in stimulating the economy on credit: It could spark a post-crisis crisis․

Economic Scars for Decades to Come
#International #Business #Coronavirus #GermanEconomy

Companies in Germany were practically begging 20- to 30-year-olds to come work for them․ Then came the coronavirus, destroying health, lives and jobs․ It will take decades for this generation to catch up economically․

Nouriel Roubini: "The Stock Market Is Deluding Itself"
#International #Business #Coronavirus #Capitalism #GermanEconomy #Globalization

Prominent American economist Nouriel Roubini does not believe the global economy will recover quickly․ He believes that the dire situation will produce a summer of protest in the U․S․ and years of difficulties in Europe as well․

Massive Income Loss: Left Behind By the Coronavirus
#International #Germany #GermanEconomy #Coronavirus

Germans could lose as much as 390 billion euros due to the coronavirus pandemic․ Some groups have been hit harder than others, and even a big chunk of the middle class is at risk of slipping into poverty․

Leading German Economist: “The Virus Must Be Contained Before the Economy Can Recover”
#International #Germany #Coronavirus #GermanEconomy #Globalization #Capitalism

In an interview, Clemens Fuest, one of Germany’s top economists, discusses the impact of the coronavirus on governments and business․ He says bankruptcies are inevitable and that the effects of the crisis will be with us for a long time to come․

Corona Crisis: Can German City Centers Be Saved?
#International #Germany #Coronavirus #GermanPolitics #GermanEconomy

First came online retail and the financial crisis, now COVID-19: City-center shopping districts in Germany are suffering․ But strategies are being developed to save them․ Will they work?

The 1,200-Euro Experiment: Longitudinal Study on Unconditional Basic Income Launches in Germany
#International #Germany #GermanPolitics #GermanEconomy

How would life change if you were given 1,200 euros a month with no strings attached? A study launched last week in Germany to find out․ Research team leader Jürgen Schupp hopes for answers to important questions․

The Tesla Factory Near Berlin: Elon Musk Shows the Germans How to Move Quickly
#International #Business #ElectricCars #AutomotiveIndustry #GermanEconomy

Tesla is racing ahead with construction of its new factory just outside of Berlin․ All that's left for German carmakers is to watch and learn․

The Future of Electric: Tesla Joins the Race for the Next-Gen Battery
#International #Business #ElectricCars #AutomotiveIndustry #GermanEconomy #ClimateChange #Environment

China, Japan and South Korea have long been in the lead when it comes to car battery technology․ With new technologies and better production methods, Tesla now wants to change that․ Germany is falling behind․

Interview with Economy Minister Robert Habeck: "Russia Knows that Crossing Red Lines Would Immediately Trigger Painful Sanctions"
#International #Germany #GermanEconomy #OlafScholz #GermanPolitics #Ukraine

In an interview, German Economy Minister Robert Habeck discusses his country's energy policy, what might happen with the Nord Stream 2 pipeline and Germany's possible response to Russian aggression on the Ukrainian border․