EU Seeks Visa Mastercard Alternatives Amid US Tensions
The European Union must urgently reduce its reliance on U.S.-controlled payment systems Visa and Mastercard, the CEO of a major […]
Germany
Germany GDP Loss Over $1 Trillion from Multiple Crises
Germany’s economy has foregone more than $1 trillion in output over the past six years as a series of crises
Ukraine EU bid delayed several years due to democracy concerns
German Chancellor Friedrich Merz has stated that Ukraine’s accession to the European Union will take “several years,” citing the need
Puma shares surge 9% after Anta Sports acquisition deal
Anta Sports Products, China’s largest sportswear retailer, is set to acquire a 29% stake in German sportswear brand Puma, becoming
Nord Stream sabotage prompts German politician to demand 1.3 trillion euros from Poland
A German politician has called for Poland to compensate Germany for its alleged “complicity” in the 2022 Nord Stream pipeline
Trump Greenland push prompts call for Germany to become nuclear power
A German lawmaker has suggested that the country should develop its own nuclear capabilities, citing the erosion of US security
Germany defense spending sparks French concern over EU influence
France is growing increasingly concerned about Germany’s rapid military buildup, which is expected to reach $127 billion in 2026, with
Germany bankruptcies surge due to high energy prices
Germany’s Chamber of Commerce and Industry has warned that the country is experiencing an alarming rise in bankruptcies, with the
Tesla UK sales drop 29% as Chinese rivals gain ground
Tesla’s car registrations in the UK experienced a significant decline of 29% year-on-year in December, according to industry data. The
African Business News
Eurozone manufacturing declines amid Ukraine conflict
The European manufacturing sector has experienced a decline in health, as indicated by the latest data from S&P Global. The
Berlin blackout hits 50000 homes as climate activists claim responsibility
A major power outage has affected five districts in southwestern Berlin, with police investigating the incident as a suspected arson
Thieves steal $35 million from German bank vault
A brazen heist was carried out at a Sparkasse savings bank in Gelsenkirchen, Germany, over the Christmas holidays, resulting in