Once the reputation is ruined, then… the name is simply changed: And so Putin’s former right-hand commercial arm is now to be given the nice name “Securing Energy for Europe GmbH”. Nothing should be reminiscent of the Gazprom meltdown.
But on the market, in real time, comes negative news from Russian energy giant Gazprom. The group is reducing the maximum gas delivery volume through the Nord Stream 1 Baltic Sea pipeline to Germany by 30 percent. Despite the reduced delivery volume, the federal government currently sees the security of supply as guaranteed, while the mood in the economy is sinking. “The question is then, of course, whether it will still work as planned,” says Claudia Kemfert from the German Institute for Economic Research.
Top jobs of the day
Find the best jobs now and
be notified by email.
It remains to be seen why Gazprom is reducing the amount of gas supplied to Germany through the Nord Stream 1 Baltic Sea pipeline. The reason for this are delays in repair work by Siemens – which is expecting Canada to approve a gas turbine that is to be used soon.
If the heirs of the famous Hotel Adlon at the Brandenburg Gate in Berlin have their way, they will be right next year after a big trial. Then they want to get the area and the prestigious accommodation back. A bold plan – the Soviet Union had put the property on “List 3” of the “Law on the Confiscation of Assets from War Criminals and National Socialists”. The Adlons, who worked here, were in the NSDAP. And Felix Adlon, the great-great-grandson of the hotel builder, claims to have come across new topics related to the Queen during his research.
The shelves are empty, there are no employees and the customer is getting whiny – this is the ideal starting point for companies that manufacture and sell robots. Our big report deals with a booming topic that sold 487,000 robots last year, an increase of 27 percent. Devices that communicate with each other or allow contact with colleagues in the company environment are popular. So-called “cobots” are active there themselves. According to Susanne Bieller, Germany is well positioned when it comes to robotics with its start-up companies. The Secretary General of the World Industry Association IFR says: “The development is strongly driven by the lack of workers.”
According to Esben Östergaard, founder of Universal Robots, problems are caused by the fact that the EU wants to regulate the use of artificial intelligence (AI) more closely. Östergaard explains that he understands that the use of AI has to be regulated: “But if you have to go through the inspection every time you reprogram something on a chatbot and set it up differently, it can take weeks and cost a lot of money.”
The crypto market is struggling with a possibly similar problem. The share prices of the cryptocurrencies have fallen extremely, Bitcoin lost 44 percent in a two-month comparison, Ether even 62 percent. Further strong price fluctuations are likely to become a reality in a controversial business. But the technology behind the digital currencies has more chance than ever to shake the financial establishment of stock exchanges and banks, my colleagues write.
“What remains of crypto?” was the title question. Not much at first, is the answer, but the technology has long been on the march through the institutions. The blockchain should be used to support investors who rely on tokens, for example in shares, art and real estate.
Cryptocurrencies: The market is currently in turmoil.
“Vorsprung durch Technik” is something different than “Vorsprung durch Sprach”, even if the automobile manufacturer obviously always feels like an avant-garde. In Ingolstadt, the VW subsidiary Audi came up with the idea of really intensively propagating the cultural technique of gendering – with a guide. An employee is contesting its liability before the Ingolstadt district court.
It only has to be quoted here, he said to himself and wrote: “The BSM expert is a qualified technical expert”. Judge Christoph Hellerbrand made it clear that his chamber would not make a landmark decision. He judges the uncle on an individual basis. “It’s about you, about your personal concern through this gender guide,” he told the Audi employee.
And then there is “King Football”, who had meanwhile abdicated in Germany, but was able to inspire people in a stadium again yesterday. After four times 1:1 in a row, the German competitive athletes actually managed a 5:2 triumph over Italy, the reigning European champions, last night. There has never been such a result, Italy is one of the feared opponents of the Germans.
Even if it wasn’t about much, just an artificially created Nations League title, the stormy attacking football gives cause for courage. It was almost like a summer fairy tale, and I give Albert Camus to all optimists: “In the depths of winter I finally found out that an invincible summer lies within me.”
I wish you a nice summer day, enjoy Corpus Christi.
Best regards
Her
Hans Jürgen Jakobs
Senior editor