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․

Germany Rethinks Position on Beijing: Government in Berlin Classifies China as a “Systemic Rival”
#International #World #China #GermanForeignPolicy #GreenParty #FreeDemocraticParty #SocialDemocraticParty #GermanEconomy

Driven by its junior coalition partners, the Green Party and the FDP, the German government is adopting a tougher stance on Beijing․ It wants to reduce economic dependence and strengthen relations with democratic states in Asia․

Economist Jim O'Neill on Russia: "The West Will Decide on Putin's Bankruptcy"
#International #Business #VladimirPutin #Russia #GermanEconomy #Globalization #FossilFuels #Energy

Jim O'Neill once coined the term BRIC to refer to the rapidly growing economies of Brazil, Russia, India and China․ In an interview, he discusses why the Russia of Vladimir Putin has failed to live up to expectations․

Beijing's Human Rights Violations: It's Time for German Executives to Reexamine Their Ties to China
#International #World #China #HumanRightsinChina #GermanEconomy #ChineseEconomy #Globalization

Germany's dependency on China is becoming increasingly problematic․ The Xinjiang Police Files, which document more clearly than ever the human rights violations taking place in far-western China, show that German politicians and executives must act․

The Oppression of Uyghurs in China: VW Under Fire for Ongoing Operations in Xinjiang
#International #World #China #HumanRightsinChina #GermanExports #Volkswagen #GermanEconomy #AutomotiveIndustry

Volkswagen continues to operate a factory in the heart of Xinjiang, despite massive criticism from human rights activists․ The factory is largely meaningless from a business perspective․ Is the company trying to prove its loyalty to the Chinese government?

From Inflation to Recession: Is Germany's Prosperity at Risk?
#International #Germany #GermanEconomy #NaturalGas #OilPrices #GasPipelines #NordStream #Russia #VladimirPutin #RussiasWarAgainstUkraine

Germany is facing a deep crisis, with inflation is reaching record levels and recession on the horizon․ Even the middle class has begun to feel the pain․

Germany and the End of Globalization: Prosperity Under Pressure
#International #World #Globalization #GermanExports #GermanEconomy #AutomotiveIndustry #ChineseEconomy #China

The number of democratic countries around the world is shrinking steadily, and autocratic countries are registering more patents than the West․ A new era is dawning – and it could have dramatic consequences for our work, our money and our lives․

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․

Inflation, Bankruptcies and Fears of Decline: Is This The Return of the Sick Man of Europe?
#International #Germany #RussiasWarAgainstUkraine #GermanEconomy #Globalization

Inflation, a likely recession and exploding energy prices: Germany is expecting tough years ahead with diminishing prosperity, a shrinking middle class and growing inequality․ This is uncharted territory for the government and society, and both are facing some difficult choices․

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․

"Mafia Methods": Viktor Orbán Ups the Pressure on German Companies to Leave Hungary
#International #Business #Hungary #EuropeanUnion #GermanEconomy

German companies have long been active in Hungary․ But now, Viktor Orbán is trying to force some of them to leave․ And when they do, his closest allies stand to profit․

The Global Competition for Raw Materials: Europe at Risk of Losing the Lithium Race
#International #Business #ClimateChange #Environment #ElectricCars #AutomotiveIndustry #GermanEconomy #Daimler #China

Without lithium, copper and rare earths, our mobile phones, electric cars and wind turbines wouldn't function․ Currently we are almost exclusively dependent on China for these critical raw materials․ But there might be a way out․

Wirtschaftsblunder: Why Germany's Economy Is Flailing – And What Could Help
#International #Business #GermanEconomy #Globalization

It seems like only yesterday that Germany was the economic engine of Europe․ Now, it's bringing up the rear among Western industrialized nations․ The country's prosperity is threatened and the government seems to be at a loss․