International



Germany: Lars Klingbeil Warns About the Cost of Uncertainty for Global Growth

Geopolitical uncertainty has emerged as one of the main obstacles to global growth prospects. From Asheville, North Carolina, where G20 finance ministers and central bank governors are meeting, German Finance Minister Lars Klingbeil called on major economies to take action on Tuesday to reduce destabilizing......

Germany: Berlin Set to Blame Moscow for Drone Attack Attempt on Ukrainian Plane

German authorities are expected to designate Russian intelligence services as responsible for an attempted attack on a Ukrainian cargo plane at Leipzig/Halle Airport. Revealed by the daily Bild, this accusation, which has not yet been officially confirmed by the government, could heighten tensions between......

Allianz considers a $6.77 billion bid for the AA, the British roadside assistance giant

The German group Allianz is reportedly exploring an acquisition of the AA, the iconic British roadside assistance company, for around £5 billion, or $6.77 billion. This deal could put the insurer in competition with several other bidders as the AA's owners are still weighing between a sale and an IPO. The......

Germany: Two Frankfurt Airport Employees Die from Malaria Infection

An unusual episode is causing concern at Frankfurt Airport. Six employees are reported to have contracted malaria in what is being described as a case of "airport malaria." Two of them have died, while the other four have since recovered. The leading hypothesis is that an infected mosquito arrived in......

Germany: Unemployment Rises Slightly Less Than Expected in August

The German labor market continued to deteriorate in August, but at a slightly slower pace than anticipated. The number of job seekers increased by 4,000 people in seasonally adjusted data, while the unemployment rate remained stable. However, in raw data, the number of unemployed exceeds three million......

Germany: Nearly 15,800 Heat-Related Deaths Since April 2026

The impact of heatwaves on mortality in Germany has reached a concerning level. Nearly 15,800 heat-related deaths have been estimated in the country between April 6 and August 16, 2026, according to data published by the Robert Koch Institute (RKI), the German federal agency responsible for public health. This......

EU Budget 2028-2034: Six Countries Demand Cuts of Several Hundred Billion Euros

The battle over the next long-term budget of the European Union is intensifying. Germany, Denmark, the Netherlands, Austria, Finland, and Sweden called on Thursday for a reduction of "several hundred billion euros" from the EU's multiannual financial framework for the period 2028-2034. Meeting in Berlin......

Porsche invests €1.25 billion in AI and sells MHP to TCS

The German car manufacturer Porsche is accelerating its digital transformation. The brand has entered into a five-year strategic partnership with Tata Consultancy Services (TCS), valued at €1.25 billion, aimed at developing the use of artificial intelligence across various activities within the group.......

ECB: Markets Bet on New Rate Hike in September

Financial markets are strengthening their expectations for a new monetary tightening by the European Central Bank (ECB) during its meeting on September 9 and 10. According to market reports this week, the institution could raise its deposit rate by 25 basis points to 2.50%, following an initial hike......

Germany Takes a Tougher Stance Against Hybrid Attacks and Promises Retaliation Against Perpetrators

In response to the increasing acts of sabotage, espionage, and disinformation, Berlin is now adopting a firmer stance. Chancellor Friedrich Merz assures that Germany will not leave these threats unanswered, as authorities investigate a presumed drone attack attempt at Leipzig Airport. Germany wants to......

Germany deports 390 Moroccan nationals during the first half of 2026

Germany deported 390 Moroccan nationals during the first six months of 2026, according to figures released by the German federal government in response to a parliamentary inquiry concerning deportations and voluntary departures. The figures indicate that 60 Moroccan nationals were transferred under......

Germany: A 24-hour strike disrupts several major ports in the country

The German port traffic was heavily disrupted on Tuesday by a 24-hour strike called by the Verdi union. The social movement affected six major ports in the north of the country, creating new tensions in the ongoing wage negotiations in the sector.The ports of Hamburg, Bremerhaven, and Wilhelmshaven were......

Germany records first decline in corporate insolvencies since February

German corporate insolvencies declined in May 2026, marking the first annual decrease since February, according to data from Germany’s Federal Statistical Office. Local courts recorded 1,995 applications for corporate insolvency in May, down 2% from the same month a year earlier. Despite this......

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