Canada’s foreign affairs minister is to hold a public event in Montreal today with her German counterpart, following Canada’s controversial decision to send parts of a Russian natural gas pipeline back to Germany. The Foreign Affairs Department says Mélanie Joly will participate in a “fireside chat” with German federal Foreign Minister Annalena Baerbock, hosted by…
Foreign Minister Joly to meet German counterpart in Montreal amid Russia tensions
‘Recession Is in the Air’: German Economy Stagnates in 2nd Quarter
BERLIN—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. Gross domestic product was unchanged quarter on quarter in adjusted terms, the federal statistics office said. A Reuters poll of economists had forecast…
German Lawmakers Approve 100 Billion Euro Military Revamp
BERLIN—Germany’s Bundestag, the lower house of parliament, on Friday approved creation of the 100 billion euro ($107.2 billion) special defence fund that Chancellor Olaf Scholz announced in response to Russia’s invasion of Ukraine. The money is destined to top up the regular defence budget of around 50 billion euros over several years to help re-build…
German Suspect in Shooting That Injured Officer Found Dead
BERLIN—Police in western Germany say a man suspected of shooting at officers Friday, injuring one, has been found dead in his apartment. Saarland state police didn’t immediately specify how the man had died. “The investigation is ongoing,” police added. The shooting began after officers arrived with a court order to search the 67-year-old suspect’s apartment…
Volkswagen’s Race With Tesla Will Be Tight, Diess Says
BERLIN—Tesla works at twice the industry pace in many processes but still needs to ramp up highly complex factories and find qualified workers to win the electric vehicle race, Volkswagen’s chief executive said on Wednesday. The U.S. carmaker, posing a challenge to German electric vehicle production with its new plant near Berlin, had the advantage…
Backlogs, More Staff Help German Factories Against Headwinds: PMI
June 2, 2022
admin
Business & Economyeconomic policieseconomyEuropeGermanlockdownsmanufacturersMarketsPMIRussia-Ukraine WarWorld
0 Comment
BERLIN—German manufacturers slightly increased outputs in May, buoyed by order backlogs, increased staffing, and, in some cases, improved materials availability, but a further decline in new orders mean rough seas ahead, a survey found on Wednesday. S&P Global’s final Purchasing Managers’ Index (PMI) for manufacturing, which accounts for about a fifth of the economy, came…
German Retail Sales Drop in April as Food Prices Bite
BERLIN—German retail sales fell by more than expected in April as consumers feel the pinch of higher prices, especially for food, and retailers face supply problems from the China lockdowns. The Federal Statistics Office said on Wednesday that retail sales were down 5.4 percent on the month in real terms. A Reuters forecast had predicted…
German Consumer Morale Inches Up After Falling to Record Low: GfK
BERLIN—German consumer morale is projected to inch up in June after falling to a record low in May, but high inflation and the war in Ukraine continue to weigh on household spending, a survey showed on Wednesday. The GfK institute said its consumer sentiment index, based on a survey of around 2,000 Germans, rose slightly…
German Weather Service Says Storm Generated 3 Tornadoes
BERLIN—A storm that swept across parts of Germany generated three tornadoes, the country’s weather service said Saturday. One of them left a trail of destruction and more than 40 people injured in a western city. Meteorologists had warned of heavy rainfall, hail and strong gusts of wind in western and central Germany on Friday, and…
Woman Has 40 Years of Experience in Equine Photography: ‘I Enjoy These Animals in All Their Facets’
A German woman with experience spanning 40 years in equine photography has photographed about 300 horse breeds; depicting their natural beauty and power in far-flung spots such as Bavaria, Iceland, and India, among numerous others. (Courtesy of Christiane Slawik) “Horses are nothing short of the most amazing creatures I know. I enjoy these animals in all…
US News
RSS Error: A feed could not be found at `https://www.theepochtimes.com/c-us/feed`; the status code is `200` and content-type is `text/html; charset=utf-8`