27. September 2024 There is no optimism in the economy © APA/THEMENBILD/HELMUT FOHRINGER According to a recent survey, domestic companies continue to assess the current economic situation and the economic outlook negatively. However, they see a slight improvement compared to the previous month. The Wifo economic climate index was recorded in September at minus 5.9 … Read more
Germans who go on holiday to Great Britain are quick to complain that everything is so expensive here. But German holidaymakers get off better than the British themselves. Holidays in London are possible, but without expensive Ferris wheel rides Photo: Jakub Porzycki/imago The German family at the next table was a little disappointed as they … Read more
The federal government and the state of Lower Saxony have promised Meyer Werft state aid. IfO boss Clemens Fuest criticizes the decision. The president of the Munich Economic Research Institute, Clemens Fuest, has spoken out against the rescue. “It is not the state’s job to save struggling private companies from bankruptcy,” the economist told the … Read more
In Dresden, the Taiwanese semiconductor factory TSMC is being generously subsidized by the German government. Three European tech companies are also involved. Neither Chancellor Scholz (SPD), Ursula von der Leyen nor Prime Minister Kretschmer wanted to miss the groundbreaking ceremony with the head of TSMC Photo: Axel Schmidt/reuters LEIPZIG taz | The laying of the … Read more
WASHINGTON (dpa-AFX) – Oxford Economics has projected that former President Donald Trump could win Pennsylvania by 41,489 votes and Vice President Kamala Harris is projected to clinch Michigan by 23,948 votes and Wisconsin by 29,024 votes. Among the three northern swing states, Pennsylvania is the biggest prize and the county election outcomes in the Keystone … Read more
Cell pricing gold On Friday, to take positive aspects for the second week in a row after just lately printed US inflation knowledge bolstered expectations that the Federal Reserve (US central financial institution) might lower rates of interest twice this 12 months, which affected the greenback and Treasury bond yields. Gold rose in rapid commerce … Read more
After gold recorded a record level of $2,305.04, on Thursday, April 4, 2024, and the yellow metal has increased 2.6 percent since the beginning of the week, and American gold futures contracts rose 0.1 percent to $2,310.40, so when will the price of an ounce of gold reach $3,000? The successive rises in the price … Read more
US inflation tops forecasts for a second month Rising gasoline costs kept inflation elevated in February, underscoring that the road to more modest consumer price increases following a pandemic-induced spike may continue to be bumpy. The Numbers Rising gasoline costs and rent have kept inflation elevated in February, according to the Labor Department’s consumer price … Read more
Countries that shy away from debt end up with no more money in their coffers. The opposite is the case: investments become tax revenue. Gave the austerity paradox its name and would be quite old by now: the old British economist John Maynard Keynes Photo: xLIFE Picture Collection/Pond5/imago Which country did better? Italy’s national debt … Read more
Our readers are Instagram users You can now follow the latest news for free through our Instagram accountClick here to subscribe The business community around the world is exposed to many challenges to growth, including geopolitical uncertainty, political overlap, and rising stakeholder expectations regarding environmental, social, and corporate governance (ESG) practices and generative artificial intelligence … Read more