Tag: Economy
Turkey: 50 percent inflation: shops close, citizens protest
Istanbul, Ankara Tahir Devrim ran a restaurant for cig kofte, a kind of vegetable patty, in Istanbul for many years. At the beginning of February he had to close the…
Baerbock’s climate protection expert is met with skepticism in business
Jennifer Morgan (left) and Annalena Baerbock Is the new government commissioner for climate also the right one for the climate? (Photo: action press) Berlin You don’t hear any loud complaints,…
US inflation rate rises to 7.5 percent in January
car dealership in the United States Due to the production problems with new cars, prices for used cars rose by 1.5 percent. (Photo: AP) New York, Dusseldorf The price development…
US inflation rate rises to 7.3 percent in January
car dealership in the United States Used cars were again a price driver for inflation. (Photo: AP) New York, Dusseldorf The price development in the USA is becoming more and…
The generosity of short-time work has side effects
One could get the impression that the left hand of the federal government does not know what the right hand is doing. Economics Minister Robert Habeck (Greens) describes the shortage…
The EU Commission expects an inflation rate of 3.5 percent in 2022
Shopping in Berlin The EU Commission estimates that the economy will pick up despite high inflation. (Photo: Reuters) Brussels, Berlin According to the EU Commission, the economy in the euro…
Low interest rates: citizens suffer – federal government saves 228 billion euros
Christian Lindner during the budget debate in January Low interest rates make budgeting easier for the federal government. (Photo: ddp/Jens Krick) Berlin It was a huge number. The federal government…
Building materials are up to 77.3 percent more expensive
construction site Metals were a good quarter more expensive overall. (Photo: dpa) Berlin Delivery bottlenecks, scarce raw materials and increased demand made building in Germany much more expensive last year.…
Will China be the first domino?
The author Marcel Fratzscher is President of the German Institute for Economic Research and Professor of Macroeconomics at Berlin’s Humboldt University. (Photo: imago images/teutopress) Rarely has the economic future been…
Industry Posts Record Backlogs – Production for 4.5 Months
Car industry The order backlog is particularly large in the automotive industry. (Photo: dpa) Berlin According to a survey, German industry can produce longer than ever with its current order…
Industry Posts Record Backlogs – Production for 4.5 Months
Car industry The order backlog is particularly large in the automotive industry. (Photo: dpa) Berlin According to a survey, German industry can produce longer than ever with its current order…
Will China be the first domino?
The author Marcel Fratzscher is President of the German Institute for Economic Research and Professor of Macroeconomics at the Humboldt University in Berlin. (Photo: imago images/teutopress) Rarely has the economic…
Bundesbank President urges ECB to act quickly
Joachim Nagel The Bundesbank President believes that a turnaround in interest rates is possible in the current year. (Photo: dpa) Frankfurt Bundesbank President Joachim Nagel is urging the ECB to…
Joachim Nagel expects inflation in Germany to rise well above four percent this year. In his view, the ECB should therefore act in March.
Joachim Nagel The Bundesbank President believes that a turnaround in interest rates is possible in the current year. (Photo: dpa) Frankfurt Bundesbank President Joachim Nagel is urging the ECB to…
These three graphics show how streaming is replacing television worldwide
Streaming on the rise Dusseldorf Today, people stream as they please and the viewer can enjoy their individual program at any time. The pandemic period has given providers – primarily…
German exports will increase sharply in 2021 despite bottlenecks
Container port Germany Exports by German exporters grew by 14.0 percent over the year as a whole. (Photo: imago images/Lobeca) Berlin Despite material shortages and disrupted supply chains, German exporters…
Ifo: The lack of building materials is decreasing
construction site In building construction, 25.3 percent of companies were still suffering from supply bottlenecks in January. (Photo: imago images/Lichtgut) Berlin The shortage of building materials in Germany eased at…
Axie Infinity Changes The Existing Reward System To Fix The Game Economy
The developers of Axie Infinity, the NFT-based game in play-to-win model, released an update where they made significant changes to the reward system in order to create a more stable…
Christine Lagarde – the unfortunate presenter
ECB President Christine Lagarde When she took office, the Frenchwoman set herself the goal of clear communication. (Photo: laif (2), Marc-Steffen Unger, REUTERS, Bloomberg) Frankfurt Last Thursday was the opposite…
Christine Lagarde – the unfortunate presenter
ECB President Christine Lagarde When she took office, the Frenchwoman set herself the goal of clear communication. (Photo: laif (2), Marc-Steffen Unger, REUTERS, Bloomberg) Frankfurt Last Thursday was the opposite…