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Merz is counting on an agreement in the combustion engine dispute
The dispute within the German government over the future approval of cars with combustion engines is now to be finally settled: Chancellor Friedrich Merz (CDU) announced an agreement for Thursday evening at the coalition committee meeting, which he will then communicate to the EU Commission. Meanwhile, according to a media report, CSU leader Markus Söder…
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Trump administration releases billions in loan for the Three Mile Island reactor
The US government is supporting the reactivation of Three Mile Island with a $1 billion loan. Constellation Energy plans to bring the TMI plant back online despite past controversies. This move aligns with the current nuclear power debate, as rising electricity consumption driven by digital technologies is forcing energy policymakers to make new decisions. Reactor…
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The expected economic upswing has failed to materialize – statistics confirm a decline in employment
Germany will be under considerable pressure in the third quarter of 2025. The decline in employment is shaping the situation and noticeably impacting the German labor market. Despite high hopes, no new impetus is emerging. The decline in employment in 2025 is more pronounced than before. The economic slowdown is affecting several sectors simultaneously, and…
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Canadian company increases pipeline capacity to the US by 250,000 barrels
Canada’s leading pipeline operator, Enbridge, is responding to high demand for exports to the US with a multi-billion-dollar expansion. The company plans to increase pipeline capacity by up to 250,000 barrels per day – a strategic move that, given stagnant alternatives in Asia, relies on the proven US market. Instead of building new pipelines, investments…
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New car market: New registrations in the EU rose again in October
New car registrations in the EU rose for the fourth consecutive month in October. 916,600 cars were newly registered – 5.8 percent more than in the same month last year, as reported by the manufacturers’ association ACEA on Tuesday. So far this year, 8.97 million cars have been registered, a 1.4 percent increase compared to…
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Italy seizes private gold and demands money for formal recognition of legal ownership
Italy is once again turning its political attention to private gold, but the current move goes significantly further than previous measures. While the state has taxed gold sales for years, mere possession has remained exempt from reporting requirements. Now, a proposal effectively brings private gold ownership under state control and creates a new source of…
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Saxony’s Prime Minister Kretschmer wants to return to Russian energy
Saxony’s Minister-President Michael Kretschmer is increasing pressure for a later return to Russian energy. The head of government links this approach to his conviction that affordable energy prices protect the industrial base and that Russian gas imports simultaneously ensure economic stability. While his position clashes with the current political course, Kretschmer is sticking to it…
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Brussels caves in – strict climate regulations fall victim to international pressure
The EU’s recent change of course reveals a remarkable shift, as stringent climate regulations are losing weight after massive pressure from the US and Qatar rained down on Brussels. At the heart of the dispute were the ESG rules—European regulations for environmental, social, and governance factors—which were originally intended to create more transparent business models…
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Initial estimates confirm: German economy stagnated in the third quarter
The German economy narrowly avoided a technical recession in the third quarter. The Federal Statistical Office in Wiesbaden confirmed on Tuesday its initial estimate from the end of October, according to which gross domestic product (GDP) remained unchanged compared to the previous quarter. “Economic activity was hampered in the third quarter by weak exports, while…
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Debt explosion in Germany – Schufa reports drastic increase in payment defaults
The situation for many households is becoming increasingly critical, as Schufa reports a massive surge in financial difficulties. The debt crisis is affecting broad segments of the population, even though many people are already drastically reducing their spending. The rise in serious payment problems is leading numerous citizens to postpone loan repayments and more frequently…
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Offshore wind farms warm the atmosphere and sea surface more than previously thought
Offshore wind farms not only influence marine physics but also the atmosphere to a remarkable extent, as a recent study by Hyodae Seo demonstrates. Based on oceanographic and atmospheric data, the research establishes a close link between warming, turbulence, microplastics, and profound disturbances of the atmosphere. Furthermore, technological interventions exacerbate the strain on affected ecosystems,…
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Chevron is betting on a prolonged oil boom
Chevron is actively seeking opportunities for further growth and is optimistic about the future. Despite global uncertainties, the company anticipates a continued oil boom, which will open up new possibilities. From the outset, the energy company emphasized its confidence, which rests on stable markets, political momentum, and improved technologies. At the same time, factors such…
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Von der Leyen is pushing ahead with the EU’s own intelligence service
Ursula von der Leyen is pushing for an independent EU intelligence service. This move by the Commission President is causing massive concern in Brussels. The political implications are increasing because the initiative is directly linked to growing surveillance measures, such as the digital euro, the controversial monitoring of chats, and the threat to data sovereignty.…
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Markus Söder calls for mini nuclear power plants for Germany
The energy crisis and the resulting economic decline of the country are creating immense pressure. Bavarian Minister-President and CSU party chairman Markus Söder is using precisely this moment to push for the construction of mini nuclear power plants (welt: 15.11.25). These mini nuclear power plants undoubtedly possess technical potential and could significantly alleviate the energy…
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Paper industry on alarm mode – structural crisis hits sites and employees hard
The paper industry is struggling due to a deep structural crisis, resulting in increasing factory closures, bankruptcies, job losses, and massive market shifts. The paper sector lost around 14% of its production in 2023, with volume falling to approximately 18.6 million tons. Furthermore, revenue shrank by about 27% that year, dropping to around €15.5 billion.…