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Closure of five locations – International Paper cuts 500 jobs in Germany

International Paper is pushing ahead with a comprehensive restructuring in Germany that is deeply impacting several regions. The company, often referred to in the market as an IP group, is closing five sites, significantly reducing its industrial footprint. This move directly affects around 500 employees and simultaneously alters the dynamics of the packaging industry. International […]

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Strategy with gaps – government ignores actual power plant needs

Germany’s new power plant strategy promises security of supply, but its scope falls significantly short of requirements. According to the Federal Network Agency, an expansion of dispatchable capacity of up to 22.4 gigawatts is necessary in the target scenario and up to 35.5 gigawatts in the “delayed energy transition” scenario. The federal government is planning

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Shock for Schwarzheide – Fränkische Rohrwerke closes entire site

The Franconian Pipe Works, with around 140 employees, is facing permanent closure in Schwarzheide, a move that will severely impact many people in the district. The long-established company is increasingly under pressure due to rising energy prices and their consequences. At the same time, a shortage of skilled workers and scarce resources are worsening. Transportation

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The US halts global CO2 tax on cargo ships

The debate surrounding CO₂ emissions from cargo ships attracted considerable attention. At the International Maritime Organization meetings in London, the US delegation took a firm stance, rejecting a global levy on high-emission vessels. From the US perspective, this levy would have increased trade costs, as stricter emissions limits would have triggered substantial expenses. In discussions

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Industrial electricity price – a costly mistake

The industrial electricity price dominates energy policy, but the very start of the debate reveals a remarkable spectacle: leading coalition representatives are patting themselves on the back, even though reality is making their self-portrayal absurd. While politicians speak of historic relief, businesses are struggling with record prices and increasing cost pressures. This discrepancy seems almost

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Prime Minister Haseloff states what most people already know – Germany is bankrupt

Saxony-Anhalt’s Minister-President Reiner Haseloff, appearing on Maybrit Illner’s talk show, used words that few top politicians express so openly. The longest-serving head of government in the country used a phrase that sounded like a blow to the political establishment: “We are essentially bankrupt.” This statement wasn’t uttered impulsively, but rather out of frustration with a

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Mercedes strengthens Hungary’s automotive industry with new research and development center

Hungary is strengthening its role in the automotive industry and, with the new Mercedes-Benz research and development center, is gaining greater international attention. The company is thus sending a clear signal in support of electromobility, dynamic investment, and the expansion of its local production facilities. This initiative serves as a catalyst for the entire automotive

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Swiss labor market facing headwinds: Unemployment climbs above a key threshold

Switzerland is experiencing a period of significant uncertainty, as the labor market is showing clear signs of weakness. The recent rise in unemployment is putting a strain on many households, especially as the economy is losing momentum and companies are planning more cautiously. According to the latest statistics from the Federal Statistical Office, the unemployment

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Despite ambitious climate targets, demand for fossil fuels continues to rise

Global demand for fossil fuels remains high, despite many countries announcing ambitious targets. This growing demand directly impacts high expectations for the energy transition, which is nevertheless progressing slowly in many regions. At the same time, fossil fuels continue to dominate markets, even as political programs aim for the rapid electrification of the economy. This

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Billions are wasted – yet global CO2 emissions continue to rise relentlessly

Current research on global CO2 emissions reveals a sobering reality: despite massive climate investments, emissions continue to rise. Despite multi-billion-dollar emissions reduction programs, the persistently high CO2 levels demonstrate that key policy measures are largely ineffective and many strategies for reducing fossil fuels are clearly failing to meet their targets. What is saved at one

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Norway’s wealth tax is leading to lower revenues due to massive capital flight

Europe is experiencing a period of intense capital flight, which is hitting Norway and the UK particularly hard. Both countries opted for stricter wealth taxes and a more stringent tax policy, hoping for increased revenue, but achieved precisely the opposite. The capital flight triggered massive outflows of assets, exacerbated their decline in competitiveness, and significantly

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Over half of the balsa wood used for wind turbines comes from illegal logging

Global demand for balsa wood has reached a critical point, as the booming wind power industry is putting immense pressure on the Amazon region. In the heart of the rainforest, destruction is accelerating rapidly because many traders rely on illegal logging to meet the rising demand. This fragile ecosystem is increasingly collapsing, as even protected

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Bankruptcies reach record high in October – German companies fight for survival

German corporate bankruptcies have reached a new record high. Amid the economic downturn, small and medium-sized enterprises (SMEs) are particularly under pressure. The number of insolvencies rose significantly in October, with the construction industry, restaurants, and logistics sectors being especially hard hit. In addition to this new record, high energy costs, consumer restraint, excessive bureaucracy,

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