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Construction industry in free fall – construction crisis drives wave of insolvencies to record levels

The construction industry is under massive pressure. High interest rates, rising construction costs, and a lack of investment are driving construction insolvencies upwards. More and more companies are getting into trouble. This trend is sweeping through all German states and highlights the depths of the construction crisis. Demand is plummeting dramatically, especially in residential construction. […]

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Energy crisis hits households – millions can no longer pay electricity and gas bills

High living costs are putting massive pressure on many households. Energy prices, in particular, are devouring ever-increasing portions of income. In 2024, around 4.2 million people lived in households that could not pay their electricity and gas bills. According to the Federal Statistical Office, this corresponds to about five percent of the population. This leaves

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Price increase for electricity and gas – Network Agency wants to grant network operators higher returns

The Federal Network Agency is preparing the public for rising electricity and gas prices. President Klaus Müller announced a significant increase in the return on equity. This means a better return for grid operators, but higher grid fees for consumers. According to Müller, there is “high interest in an attractive investment environment” to secure grid

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Mechanical engineers give free rein to their anger at Merz

Mechanical engineers vented their anger in Berlin and confronted the Chancellor head-on. The industry summit turned into a scene of anger and open confrontation. Businessmen spoke of stalled projects, a lack of reforms, and a worsening economic crisis. “Angry and disappointed” – Mechanical engineers are turning to confrontation VDMA President Bertram Kawlath put his finger

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Fermi America plans mega data center with Westinghouse reactors in Texas

An ambitious project is taking shape in Texas. Fermi America is combining four Westinghouse AP1000 reactors with a gigantic data center. This will create a private energy and data infrastructure that sets new standards in nuclear energy and digitalization. (nucnet: 10.09.25) Collaboration with the US Nuclear Regulator The US Nuclear Regulator (NRC) is already reviewing

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EU relativizes environmental friendliness of electric cars – combustion engine ban falters

The future of the European automotive industry depends crucially on Brussels. The original goal was to ban new registrations of combustion engines from 2035 onwards. Purely electric cars were supposed to dominate the roadscape. However, the EU Commission is now signaling that it will revisit this course earlier than planned and wants to use new

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Ford cuts another 1,000 jobs in Cologne – Electric flop forces traditional plant into crisis

Ford in Cologne is in deep crisis. The company is cutting another 1,000 jobs and switching production to single-shift operations starting in January. Despite billions invested in electric cars, weak sales are forcing the manufacturer to tighten its austerity measures and make corresponding job cuts. (welt: 16.09.25) A Broken Tradition in Cologne Ford has been

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More show than substance – politicians in the title scandal

In Cottbus, a title scandal is rocking the city hall. Mayor Tobias Schick is at the center of a public prosecutor’s investigation because he used the title “Diplom-Verwaltungsbetriebswirt” (Diplom in Administrative Business Administration) without clarifying that it is not a university degree. (bild: 15.09.25) For many citizens, this case demonstrates the extent to which politicians

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Wave of insolvencies reaches new record: Highest level in 20 years

The German economy is in the midst of a wave of insolvencies. More and more companies are sliding into crisis, while at the same time, business closures are on the rise. This dramatic development demonstrates that the stability of many sectors is at risk. (creditreform: 09.09.25) Wave of insolvencies hits companies with full force According

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Citizens’ protest stops wind farm between Eintürnen and Arnach

Citizen protests have tipped the scales: The planned wind farm between Eintürnen and Arnach will not be built. Despite significant investment and extensive planning, the companies Energiequelle and Laoco withdrew their application. Three wind turbines with hub heights of 175 meters were to be built. However, the population, conservationists, and local politicians united in their

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Commodity giant BHP cancels billion-dollar investment in solar and battery project in Australia

Commodity giant BHP has halted construction of key renewable energy projects in Australia. This puts its own climate targets far behind and calls into question the credibility of its emissions reduction strategy. Critics point to record profits and speak of misplaced priorities. (abc.net: 08.09.25) BHP Investment Cuts BHP planned to invest $3 billion in over

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Glass manufacturer Doering Glass closes traditional plant in Radeburg – 120 jobs lost

After almost 90 years, glass manufacturer Doering Glass is ending production in Radeburg. 120 jobs in Saxony will be lost due to the plant closure. The search for an investor for the insolvent company has been unsuccessful. (bild: 10.09.25) A glass manufacturer’s factory with a long history Since 1933, the factory has shaped the German

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New findings on blackout in Spain – Solar power experiments put a strain on grid stability

The investigation into the blackout on the Iberian Peninsula reveals explosive details. Experiments at a solar power plant near Badajoz triggered unusual fluctuations in the grid. These frequency deviations occurred about half an hour before the widespread power outage and placed massive pressure on grid stability. (montelnews: 11.09.25) Previous impact from experiments during operation The

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Statutory health insurance companies sue the federal government over citizen’s allowance financing

The financing of healthcare costs for recipients of the citizen’s allowance is causing a massive conflict between health insurance companies and the federal government. The Association of Statutory Health Insurance Funds (GKV) has argued for years that the federal government is responsible, but now it is suing. According to the health insurance companies’ calculations, there

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Stihl focuses on cordless tools and relocates production abroad

After several weak years, chainsaw manufacturer Stihl is experiencing a steady increase in sales. By the end of August, the company had grown by five percent, bringing its annual sales to approximately €5.5 billion. Nevertheless, pressure remains high because cordless tools are increasingly dominating the market. This trend is changing not only production but also

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