BERLIN—A German tourist has been detained in Iran, the German foreign ministry said on Saturday, declining to give further details beyond saying the man was receiving consular assistance. The Iranian interior ministry was not immediately available to comment on the detention. On Aug. 26, the Persian Service of Radio Liberty said a 66-year-old German man…
Europe’s Power Price Breaks €1,000 for First Time, Costs Up 1,000 Percent From Last Year
August 29, 2022
admin
Business & Marketseconomic policieseconomyenergyenergy crisisEuropeFranceGermanyMarketsRussia-Ukraine WarRussian sanctionsWorld
0 Comment
German energy prices, the European benchmark, hit €1,000 per megawatt-hour (MWh) for the first time on Aug. 29, after reaching €850 on Aug. 26, as the region’s energy crisis intensifies owing to a lack of Russian natural gas supplies as result of the sanctions against Russia. Energy costs in Europe have soared 1,000 percent from…
Germany’s Gas Storage Filling Up Faster Than Planned as Fears of Winter Shortage Ease
Germany’s Economy Minister Robert Habeck said on Aug. 28 that the country’s gas storage facilities are filling up faster than planned, providing some hope amid fears of chronic shortages this winter due to a reduction in supplies from Russia. “The reservoirs are filling up faster than specified,” Habeck told Der Spiegel magazine. He added that the…
2 Young Brothers Who Drowned in Germany Were UK Tourists
BERLIN—Two young brothers who drowned in a lake in western Germany were British tourists, authorities said Friday. The boys, aged 7 and 9, were reported missing by their parents at a designated swimming area on Eiserbach Lake south of Aachen, near the border with Belgium. Rescuers were able to retrieve the children from the water…
Ukraine War, Energy Crisis Send German Business Sentiment to Lowest Level Since June 2020
August 25, 2022
admin
BusinessBusiness & MarketscrisiseconomyenergyEuropeGermanyGold and CommoditiesinflationMarketsrecessionRussia-Ukraine WarsentimentwarWorld
0 Comment
BERLIN—German business morale in August fell to its lowest reading since June 2020 amid high uncertainty due to the Ukraine war, the resulting energy crisis, and fears of an economic downturn in the third quarter, a survey said on Thursday. The Ifo institute’s closely watched business climate index fell for a third consecutive month but…
The Alps Drone Film | Simple Happiness Episode 30
August 24, 2022
admin
AustriaEpochTVFranceGermanyItalyLiechtensteinLifeStyle & LearningMonacoSimple HappinessSloveniaSubscribers OnlySwitzerland
0 Comment
Relax and let your worries be replaced by stunning aerial nature views from some of the Alps’ most beautiful and iconic landscape locations, paired with a brand new meditation ambient piano musical masterpiece. This video can be used to relax, sleep, meditate, do yoga, study, work, read, and more. The Alps are the highest and…
War Hit to German Economy Will Last Years: Economist
August 24, 2022
admin
Business & MarketscrisiseconomisteconomyenergyEuropeGermanyGold and CommoditiesinflationMarcel FratzscherMarketsrecessionRussia-Ukraine WarUkrainewarWorld
0 Comment
BERLIN—The economic impact on Germany of Ukraine’s war will last years, influential economist Marcel Fratzscher of the German Institute for Economic Research told Reuters, adding that it could cost 3 percentage points of growth this year. Fratzscher, whose institute advises the government of Europe’s largest economy on macroeconomic policy, said the impact could last until…
German Official Suggests People Use Washcloths Instead of Taking Showers to Save Electricity
A German state premier has suggested that people use washcloths to clean themselves instead of taking so many showers amid the country’s energy crisis caused by the Russia–Ukraine war. Winfried Kretschmann, the minister-president of the German state of Baden-Württemberg, talked about the energy crisis in Germany and how he conserves electricity in an interview with Südwest Presse on…
Germany’s Central Bank Chief Warns Inflation Could Hit 10 Percent Amid Russia’s Gas Squeeze
Germany’s central bank chief Joachim Nagel has warned that the country’s inflation rate could surge to over 10 percent in the autumn amid an energy squeeze prompted by Russia tightening gas supplies. Nagel made the comments in an interview with the Rheinische Post on Aug. 20, as inflation across Germany rose to a 40-year-high of 7.5 percent in…
Europe Drought: German Industry at Risk as Rhine Level Falls
BERLIN—Germany’s main industry lobby group warned Tuesday that factories may have to throttle production or halt it completely because plunging water levels on the Rhine River are making it harder to transport cargo. The Rhine’s level at Emmerich, near the Dutch border, dropped by a further four centimeters (1.6 inches) in 24 hours, hitting zero…
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`