News

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 […]

Canadian company increases pipeline capacity to the US by 250,000 barrels Read More »

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

Italy seizes private gold and demands money for formal recognition of legal ownership Read More »

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

Saxony’s Prime Minister Kretschmer wants to return to Russian energy Read More »

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

Brussels caves in – strict climate regulations fall victim to international pressure Read More »

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

Initial estimates confirm: German economy stagnated in the third quarter Read More »

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

Debt explosion in Germany – Schufa reports drastic increase in payment defaults Read More »

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,

Offshore wind farms warm the atmosphere and sea surface more than previously thought Read More »

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

Chevron is betting on a prolonged oil boom Read More »

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.

Von der Leyen is pushing ahead with the EU’s own intelligence service Read More »

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

Markus Söder calls for mini nuclear power plants for Germany Read More »

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.

Paper industry on alarm mode – structural crisis hits sites and employees hard Read More »

Government plans multi-billion euro package for state participation in network operator Tennet

The German government is planning a targeted state investment in TenneT Germany because the energy system is bearing enormous burdens and a stable framework is essential. Bottlenecks in the transmission grid, increasing feed-in volumes, and pressure from international markets are creating additional needs for action. Focusing energy policy on robust structures increases security of supply

Government plans multi-billion euro package for state participation in network operator Tennet Read More »

Hydrogen cars are becoming obsolete – the federal government and Bavaria are betting on a dead horse with subsidies

The decision by the federal government and Bavaria to invest €273 million in BMW’s fuel cell project reveals a striking discrepancy between ambition and reality. Despite tight public budgets, money is flowing into a concept that is increasingly appearing obsolete. The political claim of technological neutrality seems like an attempt to mask doubts, while the

Hydrogen cars are becoming obsolete – the federal government and Bavaria are betting on a dead horse with subsidies Read More »

Germany’s industry is reeling – many causes are intertwined

Germany is undergoing a period of profound upheaval, the causes of which are manifold and encompass both internal structural problems and external trade conflicts. The industrial crisis extends across mechanical engineering, automotive technology, and electronics, while increasing competitive pressure from China and the USA is exacerbating the situation. Underlying these developments are economic factors, growing

Germany’s industry is reeling – many causes are intertwined Read More »

Scroll to Top