The German airline Lufthansa will introduce a new luxury product on long-haul flights in 2024: a fully lockable suite for two people, with the option of unfolding a double bed. However, the sister company Brussels Airlines has no plans in that direction. Lufthansa presented its new long-haul product ‘Allegris’ on […]
The German economy contracted slightly in the last quarter of 2022. In the fourth quarter, the largest economy in the eurozone had to contend with, among other things, a decline in consumer spending after three-quarters of growth. This was reported by the German statistics agency Destatis based on a new […]
German factory orders rose again in October after a drop in orders in the previous two months. The increase, which was larger than expected, boosts manufacturers in Europe’s largest economy. They are struggling with high inflation and sharply increased energy costs due to the Russian war in Ukraine. New orders, […]
The German Ministry of Foreign Affairs wants to introduce strict rules for companies that do intensive business with China. This is stated in a confidential document that the Reuters news agency has seen. With the proposed measures, Chancellor Olaf Scholz wants to reduce dependence on China further. The draft document […]
The global shortage of semiconductors will limit car production in Germany “at least until 2024”. This is apparent from an analysis by the consultancy Alix Partners. The analysis shows that it takes six months to order and deliver chips. That is still twice as long as normal. Meanwhile, demand for […]
Much more land is needed to build windmills in Germany to reduce dependence on Russian energy. According to the German trade association for the energy and water sector BDEW, the available area for wind turbines should even be doubled. Currently, 0.8 percent of the German territory is designated for […]
European sugar prices will continue to rise due to tight stocks and as producers continue to pass the higher costs on to their customers. The German Südzucker, one of the largest sugar producers in the world, warns against this. Farmers and sugar processors, like many other producers, are faced […]
German Finance Minister Christian Lindner is confident that G7 leaders will reach an agreement on financial aid to Ukraine. He said this Thursday at the start of a two-day meeting of finance ministers and leaders of the central banks of the rich industrial countries. Lindner said that the country […]
Former German Chancellor Gerhard Schröder is “absurd” with his uncritical comments about Russian President Vladimir Putin and should resign from the Social Democratic SPD. SPD co-chair Saskia Esken said this on the radio following an interview with Schröder in the New York Times. He rejected the allegations of war […]
German Chancellor Olaf Scholz believes that NATO should do everything it can to avoid a direct confrontation with Russia. According to him, this could lead to a third world war and a nuclear war with terrible consequences. Scholz urged caution in an interview with the weekly Der Spiegel. His […]
