Tag: Economy
Danger to Biden’s recovery? Three US car companies face a major strike
Washington, New York Two years after the supply chain crisis in which American car factories had to cut production, the industry is facing the next blow. The United Auto Workers…
ECB increases interest rates by a further 0.25 percentage points
ECB in Frankfurt am Main The full impact of the many interest rate steps is still unclear. (Photo: dpa) Frankfurt The European Central Bank (ECB) continues to raise interest rates…
Oktoberfest boss is “not chasing records”
Beer tent After a rainy restart after the Corona break, Oktoberfest wants to build on previous visitor numbers this year with better weather. (Photo: AP) Munich Munich is hoping for…
The opaque superpower – How China is concealing its crisis
Weaving factory in Hangzhou China’s economic weakness is weighing on the global economy. (Photo: dpa) Beijing When China releases new economic data on Friday, companies and markets will view them…
ECB increases interest rates by a further 0.25 percentage points
ECB in Frankfurt am Main The full impact of the many interest rate steps is still unclear. (Photo: dpa) Frankfurt The European Central Bank (ECB) continues to raise interest rates…
This is how President Lagarde explains the tenth interest rate increase in a row
The central question is also asked right at the beginning: Does today’s increase mean the end of the interest rate hike cycle? Lagarde remains cautious and refers to the content…
ECB increases interest rates by a further 0.25 percentage points
Frankfurt ( ECB in Frankfurt am Main The full impact of the many interest rate steps is still unclear. (Photo: dpa) The European Central Bank (ECB) continues to raise interest…
ECB increases interest rates by a further 0.25 percentage points
ECB in Frankfurt am Main The full impact of the many interest rate steps is still unclear. (Photo: dpa) Frankfurt The European Central Bank (ECB) continues to raise interest rates…
Industry association VCI: Chemical industry continues to reduce production
Chemical plant in Saxony According to the industry association VCI, the industry is in a deep crisis. (Photo: dpa) Frankfurt The German chemical industry further reduced its production in the…
Industry association VCI: Chemical industry continues to reduce production
Chemical plant in Saxony According to the industry association VCI, the industry is in a deep crisis. (Photo: dpa) Frankfurt The German chemical industry further reduced its production in the…
Why Annalena Baerbock is looking to get closer to the German economy
Annalena Baerbock and Thomas Seifert, CFO of Advario In Texas, Baerbock finds out about companies that are advancing the energy transition, among other things. (Photo: dpa) Texas City, Berlin The…
What to look out for at the ECB meeting
However, it has to face the accusation of having started too late – and possibly weakening the economy even further. An interest rate break – the first since summer 2022…
US stock markets close indecisively – investors unimpressed by US inflation
Dusseldorf Sentiment on Wall Street remains subdued given the high inflation in the USA. Investors only touched stocks with pointed fingers on Wednesday. The Dow Jones index of standard stocks…
US inflation is rising – inflation rate at 3.7 percent
Denver Rising prices for gasoline and airline tickets have caused inflation in the USA to rise again. In August The US inflation rate was 3.7 percent compared to the previous…
Le Maire calls on Berlin to adopt a common growth strategy for Europe
Bruno Le Maire France’s finance and economics minister is calling for a balance between budget consolidation and investment in growth. (Photo: IMAGO/MAXPPP) Paris France’s Finance and Economics Minister Bruno Le…
US inflation is rising – inflation rate at 3.7 percent
Headquarters of the US Federal Reserve Bank in Washington Will key interest rates in the USA remain stable for the time being? (Photo: Bloomberg) Denver Rising prices for gasoline and…
Le Maire calls on Berlin to adopt a common growth strategy for Europe
Bruno Le Maire France’s finance and economics minister is calling for a balance between budget consolidation and investment in growth. (Photo: IMAGO/MAXPPP) Paris France’s Finance and Economics Minister Bruno Le…
US inflation is rising – inflation rate at 3.7 percent
Headquarters of the US Federal Reserve Bank in Washington Will key interest rates in the USA remain stable for the time being? (Photo: Bloomberg) Denver Inflation in the USA is…
ABB increases production in Europe by 50 percent
ABB robots in use Many robots are already used in automobile production, such as here at the BMW main plant. In many industries it is different. (Photo: dpa) Munich The…
Le Maire calls on Berlin to adopt a common growth strategy for Europe
Bruno Le Maire France’s finance and economics minister is calling for a balance between budget consolidation and investment in growth. (Photo: IMAGO/MAXPPP) Paris France’s Finance and Economics Minister Bruno Le…