Germany’s half-a-trillion dollar energy bazooka may not be enough
Germany is bleeding cash to keep the lights on. Almost half a trillion dollars, and counting, since the Ukraine war jolted it into an energy crisis nine months ago.
Exclusive: German economy ministry reviews measures to curb China business
Germany’s economy ministry is considering a raft of measures to make business with China less attractive as it seeks to reduce its dependency on Asia’s economic superpower, two people familiar with the matter told Reuters.
Trade war with China could cost Germany six times as much as Brexit, study says
Germany would face costs almost six times as high as Brexit if it and the European Union were to shut China out of their economies, the Ifo institute said on Monday, citing the results of a study.
‘Recession is in the air’: German economy stagnates in 2nd quarter
The German economy stagnated in the second quarter, data showed on Friday, with the war in Ukraine, the pandemic and supply disruptions bringing Europe’s largest economy to the edge of a downturn.
EXCLUSIVE Germany to overhaul laws to allow energy bailouts – sources
Germany’s government will have the power to take stakes in utilities and impose emergency levies on consumers under proposed legal changes now under discussion, three sources told Reuters, as Berlin moves to beef up energy security.
Ebike subscription company Dance adds chief financial officer Tobias Jordan to its executive team
Dance, the ebike subscription company dedicated to making sustainable transportation simple and convenient, today announced that Tobias Jordan is joining the executive team as chief financial officer in a new role for the micromobility startup. This milestone follows launching a pilot in Hamburg, Germany in December 2021 and after the service’s launch in Berlin in September 2021.
“Space is for everyone”: Europe’s Space Agency to hire first disabled astronaut
BERLIN, June 25 (Reuters) – The European Space Agency hopes to hire and launch the world’s first physically disabled astronaut and several hundred would-be para-astronauts have already applied for the role, ESA head Josef Aschbacher told Reuters on Friday. The 22-member space programme has just closed its latest decennial recruitment call for astronauts and received […]
