Economy News

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England plans massive tax increases

The British government wants to save 55 billion pounds (65 billion euros) with tax increases and spending cuts. The country’s…

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Facebook Meta is laying off 11,000 employees

It is the largest job cut in the company’s history. CEO Zuckerberg also points to his own mistakes. / Facebook…

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Inflation in euro zone rises to 10.7 percent

Driven by energy prices, inflation was 10.7 percent according to Eurostat. This puts the ECB under further pressure. / Inflation…

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Turkey cuts the interest rate again!

The Central Bank of the Republic of Turkey (CBRT) Monetary Policy Committee (PPK) reduced the one-week repo auction rate, which…

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European Central Bank Director Isabel Schnabel interview

She is the top German at the head of the central bank: In an interview, ECB Director Isabel Schnabel explains…

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Mark Zuckerberg’s fortune has halved

Tech billionaires have suffered massive losses this year, according to a report by Bloomberg. One entrepreneur in particular stands out:…

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Gold exports from Switzerland to Turkey at the peak of the last 9 years

Gold exports from Switzerland to Turkey rose to the highest level since June 2013 in August. Exports from the country…

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European Central Bank decides historic interest rate hike: 0.75 points

In view of the record inflation, the European Central Bank has decided on the largest interest rate increase since the…

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Is Germany slip into recession?

Is the recession coming now? What such a downturn would mean and how it could still be prevented. / Germany…

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Russia stops gas flow from Nord Stream 1 again

No gas has flowed through the Nord Stream 1 pipeline since today. The West suspects that there are political intentions…

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Gautam Adani Becomes 3rd Richest in the World

A name that was hardly heard outside of India until a few years ago, this year it is rocking the…

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Scholz and Trudeau seal hydrogen agreement

A hydrogen agreement between the two countries is to be sealed today. The fact that the Chancellor stumbled slightly when…

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Continental loses millions

The supplier Continental is also feeling this. The automotive supplier and tire manufacturer Continental slipped into the red in the…

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Taiwan War? “It would be like an oil shock”

Economically, however, the importance of the island is great. This also applies to Germany. The diplomatic conflict has been smoldering…

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Mask Millionaire Dean Kronsbein dies in yacht accident

Mask maker Dean Kronsbein has died in a yacht accident in Italy. According to media reports, his wife and daughter…

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