(Bloomberg) — Most Read from Bloomberg Germany’s economy ministry said gas-storage facilities are filling up faster than planned despite uncertainty over supplies through a key pipeline from Rus...
Tag: Germany
Energy In A Time Of Drought
Parts of the River Po, Italy’s longest river and largest reservoir of freshwater for the country, is … [+] at risk of drying up during the worst drought in 70 years. (Photo by Manuel Roman...
Inflation is expected at 10% in Germany
The German Central Bank is predicting a difficult autumn for Germany. According to a report, the country could reach 10 percent inflation by mid-December. Inflation in Germany could reach 10% In the A...
How much does it cost to travel full time? Here’s what one couple pays
Ernestas Tyminas felt “stuck” in his role as a marketing manager at a newspaper in Colorado Springs, Colorado. So he requested two months off to backpack through Asia, he said, landing in ...
Germany Risks a Factory Exodus as Energy Prices Bite Hard
(Bloomberg) — Europe’s industrial heartland faces a potential exodus as manufacturers of German car parts, chemicals and steel struggle to absorb power prices that rocket to new highs almost eve...
London to face water restrictions from next week, Thames Water says
A man walks in Greenwich Park, London, on August 14, 2022. On August 17, Thames Water said a Temporary Use Ban covering London and the Thames Valley would begin next week. Dominic Lipinski | PA Images...
Germany Reaches Gas Storage Milestone Two Weeks Ahead of Plan
(Bloomberg) — Germany’s gas storage facilities have reached a fill level of 75%, two weeks ahead of schedule, the country’s top regulator said, as Europe’s biggest economy tries to shore up supp...
Blow for Germany as Rhine falls below critical water level
The Rhine near the key waypoint Kaub, in Germany, on Friday – Thomas Frey/dpa via AP Germany has been dealt a fresh economic blow after the Rhine River dropped below a critical level, halting th...
We’ll have to burn additional coal in the short term, CFO of RWE says
An excavator photographed at a lignite mine operated by RWE on April 8, 2022. RWE says it wants to be carbon neutral by 2040. Alex Kraus | Bloomberg | Getty Images The chief financial officer of Germa...
German fintech Nuri files for insolvency amid market downturn
German fintech firm Nuri, formerly known as Bitwala, filed for insolvency at a Berlin court on Tuesday. The company filed for insolvency to “stay ahead of a lasting strain on the liquidity of [the] ...
State of Crypto Adoption in Germany
This Western European country is now tied with the US as the most crypto-friendly economy. Crypto adoption went mainstream last year, which many people believe was the breakthrough that the industry n...
Hyundai to export heavy-duty hydrogen electric trucks to Germany
An XCIENT Fuel Cell truck photographed in South Korea on Nov. 10, 2021. A number of firms in the trucking sector are exploring ways to develop vehicles that use hydrogen. SeongJoon Cho | Bloomberg | G...
Eight Years Later, The World is Yet To Address The Daesh Atrocities And Assist The Yazidis
August 3 marks the anniversary of the genocidal attack carried out by Daesh in Sinjar, Iraq. On that day, Daesh unleashed prohibited acts against the Yazidis, an ethno-religious minority group in Iraq...
Germany must strike Putin energy deal and Ukraine should give up Crimea
Gerhard Schröder Putin Russia Germany Nord Stream gas energy crisis Crimea Ukraine – Sean Gallup/Getty Images Germany must strike a deal with Putin to avoid an energy crisis this winter and Ukra...
How One Yazidi Woman Helped To Secure The Second Genocide Conviction Of A Daesh Member
On July 27, 2022, a court in Germany convicted a German Daesh member, Jalda A., of aiding and abetting genocide, crimes against humanity and war crimes for the enslavement and abuse of a young Yazidi ...
England And Germany Play Out Ferocious, Record-Breaking UEFA Women’s Euro Final
LONDON, ENGLAND – JULY 31: Chloe Kelly of England celebrates scoring their side’s second goal with … [+] teammates Lauren Hemp and Jill Scott during the UEFA Women’s Euro 2022 ...
Eurozone Beats GDP Estimates But Its Largest Economy Germany Reports 0% Growth
Topline The eurozone’s second quarter GDP growth beat analyst estimates but Germany—the region’s largest economy—stagnated, highlighting uneven growth in the region which continues to face record infl...
Growth accelerates for euro zone
Growth in the euro zone economy accelerated in the second quarter of the year, but the region’s prospects could be hit as Russia continues to reduce gas supplies. The 19-member bloc registered a...
More German Inflation Will Lead To Higher Borrowing Costs
A German national flag flying in Berlin, Germany. Photographer: Krisztian Bocsi/Bloomberg © 2022 Bloomberg Finance LP Europe’s largest economy continues to have economic problems. German inflation hit...
With German Howitzers And German Radars, Ukraine Is Building A Machine For Blowing Up Russian Guns
German army photo The German government has given arms-maker Krauss-Maffei Wegmann GmbH & Co. the green light to manufacture a hundred PzH-2000 self-propelled howitzers for the Ukrainian army as p...
Russian Pilots Have More To Fear As Ukraine’s Gepard Anti-Aircraft Tanks Arrive
A Gepard. KMW photo In 1973, the West German army had a problem. Forty-nine years later, the Ukrainian army had the same problem. That problem: the Russian army and air force’s very-low-flying attack ...
Europe Auto Makers Fight Off Crises But Inflation, Recession, Energy Shock Undermine Prospects
Oil barrels on stack of golden coins. Growth rise of oil stock prices. 3d illustration getty The European automotive industry, buffeted by coronavirus lockdowns, worries about peace after Russian inva...
Europe’s energy giants explore potential of floating solar
This illustration shows how SolarDuck’s technology could be deployed at sea. SolarDuck German energy firm RWE is to invest in a pilot project centered around the deployment of floating solar tec...
Germany Bails Out Energy Giant Uniper In Latest Sign Of Deepening European Energy Crisis
Topline The German government will take a 30% stake in flailing German energy company Uniper at a multibillion dollar price tag, the company announced Friday, in a massive bailout showing the dire con...
Germany ties with the US as the most crypto-friendly economies: report ⋆ ZyCrypto
Advertisement     Germany and the US are jointly ranked at the top spot as the world’s most crypto-friendly economies. This is according to Coincub’s Q2 2022 Global Cr...
Photos show Europe’s devastating fires as temperatures surge
Dubbed a “heat apocalypse” by one French meteorologist, many nations in Europe are sweltering under record temperatures, causing devastating fires in some parts of the continent. Spain and...
Germany and USA Tie as Most Crypto-Friendly Countries –
The U.S. has followed hard on its heels, but still hasn’t quite managed to overtake the European nation Germany’s score might get a boost in Q3 following the EU’s new regulatory framework USA went up ...
Winter Is Coming. Energy Solutions Are Not.
Madrid, Spain. January 2022. An unusually cold winter next year like 2022 would be disastrous for … [+] European Unity. LightRocket via Getty Images A grim outlook was presented to European lead...
Funding Roundup: Crypto Companies in India, Germany Secure VC Funds
5ire becomes blockchain unicorn after securing valuation reaches $1.5 billion following fundraising Gnosis Safe rebrands as “Safe” and raised $100 million in funding led by early-stage crypto fund 1kx...
Germany and USA Tie as Most Crypto-Friendly Countries, Says Coincub
Germany retains its number one position as one of the most crypto-friendly nations, according to Coincub. However this time, Germany is sharing the crown with the USA. Switzerland moves up to third pl...
These cannabis stocks could benefit from adult-use cannabis legalization in Germany
While it’s too early to predict winners and losers among U.S. and Canadian cannabis companies, some of these players are expected to see a boost in sales as Germany moves toward nationwide legalizatio...