Truth, Inspiration, Hope.

Tag: Germany

Euros-Germany-Borrowing-COVID-19-War-Ukraine-Soaring-Energy-prices-Getty-Images-1235975984
Germany Borrows 40 Billion Euros to Combat Fallout From the War in Ukraine
On Wednesday, April 27, the German government approved a budget adjustment green-lighting an additional 39.2 billion euros ($41.24 billion) in borrowing as a means to mitigate the economic repercussions caused by the war in Ukraine. ...
Electric-vehicle-batteries-Rivian-Looming-shortages-Getty-Images-1239804409
Looming Electric Vehicle Battery Shortage Could Last Decades, Rivian CEO Warns
RJ Scaringe, CEO of Rivian, an American electric vehicle and automotive technology company, is warning that a shortage of electric vehicle (EV) batteries will soon impact the market, dwarfing the challenges posed by the shortage...
Thailand’s Plan to Buy Chinese Submarines Stalled Over EU Arms Embargo
Thailand’s plan to purchase its first attack submarine from China is now stalled after Germany refused to supply the top-end engine parts that the subs need, a Thai naval official confirmed The official said the...
inflation-Germany-Consumer-Price-Index-Record-inflation-Ukraine-war-Russia-energy-prices-Getty-Images-1239742026
German Retailers Announce Food Prices to Soar Amidst Inflation not Seen in a Generation
Mere days after Germany reported the highest inflation in generations — 7.6 percent in March — the German Retail Federation (HDE) told consumers to prepare for another wave of massive price hikes for everyday goods...
Gas-rationing-Germany-Austria-Netherlands-UK-Russia-War-Ukraine-Getty-Images-1239743159
European Countries Prepare to Ration Natural Gas as Russia Threatens to Turn Off the Taps
Germany, Austria and the Netherlands are among the European countries that have started the process to ration natural gas after Russian President Vladimir Putin vowed to cut off the countries from its gas unless they...
Germany-blocks-arms-transfer-from Estonia-to-Ukraine-Getty-Images-1314751454
Germany Blocks Estonia’s Weapons Transfer to Ukraine
With Ukraine facing the threat of a potential Russian invasion at any time, Estonia, an ally of the North Atlantic Treaty Organization (NATO), wants to provide Ukraine with military support.  However, Germany is blocking Estonia...
87-percent-of-nations-worldwide-experiencing-above-normal-inflation-Getty-Images-1357891928
87% of Countries Struggling With Inflation Levels Above the Norm
According to Trading Economics, a website that provides users with information on 196 countries and regions and that forecasts utilizing more than 20 million economic indicators, exchange rates, stock market indexes, government bond yields and...
Germany-fed-up-with-China's-COVID-Zero-policies-Getty-Images-1237655329
Fed up, German Companies Leaving China Due to ‘COVID Zero’ Policy
The Chinese Communist Party’s (CCP) harsh lockdown of the city of Xi'an has severely interrupted the supply chain.  Beijing's "Covid Zero" policy has caused misery not only for its people but also for German companies...
Germany-considering-national-vaccine-registry-and-mandate-Getty-Images-1237368407
Germany Considers National Vaccine Registry, Possible Vaccination Mandate
Lawmakers in Germany are considering setting up a national vaccine registry that will collect information about whether citizens have been vaccinated or not. The proposal has popped up amidst reports that Berlin is also planning...
Equity-strategist-claims-Federal-reserve-will-raise-interest-rates-six-times-by-the-end-of-2023-Getty-Images-124538659
Federal Reserve Will Hike Interest Rates Six Times by end of 2023, Claims Equity Strategist
Inflation is one of the hottest economic topics right now. Investors are closely watching the Federal Reserve’s actions to determine when the agency might start pushing up interest rates in a bid to combat inflation. ...
Germany-considering-vaccine-mandate-as-COVID-19-cases-Surge-Getty-Images-1354417008
Germany Plans to Introduce Mandatory Vaccinations as COVID-19 Infections Surge
Germany has seen a dramatic surge in the number of COVID-19 cases in the country. In the past two weeks, the number of new infections in the country has jumped by over 60 percent. On...
Hamburg-to-segregate-customers-based-on-COVID-19-vaccination-status
Germany: Hamburg Christmas Market to Segregate Customers Based on COVID-19 Vaccination Status
The iconic Hamburg outdoor Christmas market will start segregating citizens based on whether they have been vaccinated against COVID-19 or not. The decision comes as Germany is grappling with high infection rates. The Hamburg Christmas...