Financial Insights That Matter Abstract: What`s New for 2022? -Global competitiveness and key competitor percentage market shares. -Market presence across multiple geographies – Strong/Active/Niche/Trivial. New York, June 22, 2022 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of the report “Global Digital Cameras Industry” – https://www.reportlinker.com/p05817579/?utm_source=GNW -Online interactive peer-to-peer collaborative bespoke updates -Access to our digital […]
Germany Risks ‘Imminent’ Recession on Gas Cutoff, Deutsche Bank Says #NewsGerman
Financial Insights That Matter (Bloomberg) — Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast. Most Read from Bloomberg European economies are facing a major new shock from slowing deliveries of Russian natural gas, which threaten to push inflation even higher than the current record levels and drive […]
Germany to Rely on Nuclear Reserve to Avert Winter Shortage #NewsGerman
Financial Insights That Matter (Bloomberg) — Germany said it will keep two nuclear plants in a reserve until April to help limit the threat of winter blackouts in Europe’s biggest economy. Most Read from Bloomberg Two out of three of Germany’s three remaining nuclear plants will be kept available if needed, a shift requiring a […]
Germany unveils €200bn help for consumers and says it won’t follow UK’s route | Germany #NewsGerman
Financial Insights That Matter Germany’s finance minister has vowed that he will not follow the UK “down the path of an expansionary fiscal policy” as his government announced a €200bn (£177bn) fund designed to protect consumers and businesses from rising gas prices driven by Russia’s war in Ukraine. Europe’s largest economy will reactivate an economic […]
California poised to overtake Germany as the world’s #4 economy #NewsGerman
Financial Insights That Matter Yahoo Finance’s Akiko Fujita discusses the chart of the day on California’s GDP growth. AKIKO FUJITA: Well, it is now time for our chart of the day. And today, we are honing on the West Coast, as I like to call it the Best Coast. The state of California poised to […]
Bundesbank Warns of Considerable Risks to Financial System #NewsGerman
Financial Insights That Matter Financial stability in Germany, Europe’s largest economy, has taken a substantial turn for the worse this year, triggering warnings from the Bundesbank. Banks, insurers and investment funds have already recorded losses as markets adapt to deteriorating growth prospects, stubbornly high inflation and rising interest-rate and risk premiums, Germany’s central bank said […]
Wirecard trial of executives opens in German fraud scandal #NewsGerman
Financial Insights That Matter Christof STACHE/AFP Under Markus Braun, Wirecard became the darling of Germany’s tech sector until its disastrous collapse The former head of disgraced German payment company Wirecard has gone on trial accused of involvement in the biggest fraud case in German history. Markus Braun, 53, presided over its meteoric rise from modest […]
Germany must tackle expenditure problem, says finance minister #NewsGerman
Financial Insights That Matter BERLIN, March 12 (Reuters) – Germany Finance Minister Christian Lindner said on Sunday he wanted to tackle expenditure in the 2024 budget to fix the country’s structural deficit that had resulted from the COVID-19 pandemic and the energy crisis. Lindner said he had informed Chancellor Olaf Scholz on Wednesday that he […]
Germany’s Off-Budget Funds Hurt Financial Credibility, OECD Says #NewsGerman
Financial Insights That Matter The credibility of Germany’s public finances has suffered due to the creation of special investment funds worth hundreds of billions of euros and they should be restored to the regular budget, according to the OECD. After Russia invaded Ukraine last year, Chancellor Olaf Scholz’s ruling coalition created a €100 billion ($110 […]
Berlin braces for budget cut battle – POLITICO #NewsGerman
Financial Insights That Matter Not doing so, he warned, could put Germany in “danger” of falling behind international competition. Germany being in a recession also spells trouble for the eurozone and wider European Union, which are hugely dependent on the humming engine of the country’s vast industries. Lindner and his FDP argue Germany has no […]