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 […]
Financial Insights That Matter Financial stability in Germany, Europeâs 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, Germanyâs central bank said […]
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 […]
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 […]
Financial Insights That Matter The credibility of Germanyâs 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 Scholzâs ruling coalition created a âŹ100 billion ($110 […]
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 […]
Financial Insights That Matter Germany has been Europeâs economic engine for decades, pulling the region through one crisis after another. But that resilience is breaking down, and it spells danger for the whole continent. Decades of flawed energy policy, the demise of combustion-engine cars and a sluggish transition to new technologies are converging to pose […]
Financial Insights That Matter Intel has reached a deal with Germany to invest $33 billion in a new semiconductor manufacturing plant. Yahoo Finance tech editor Dan Howley joins Yahoo Finance Live to discuss Intel’s growth plans. – Well, taking a look at Intel. It’s signed a mere $3.33 billion deal with Germany to build a […]
Financial Insights That Matter This article will look at the 15 best places to retire in Germany. If you wish to skip our detailed analysis on retiring to Germany, you may go to 5 Best Places to Retire in Germany. On average, Americans need an estimated $1.8 million to retire comfortably, according to a new […]
Financial Insights That Matter ESSEN, Germany (AP) â For most of this century, Germany racked up one economic success after another, dominating global markets for high-end products like luxury cars and industrial machinery, selling so much to the rest of the world that half the economy ran on exports. Jobs were plentiful, the government’s financial […]