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After Germany enters recession, fears in Singapore of 'technical recession'

Singapore fears slipping into a 'technical recession' in the second quarter as the challenges in th…

ANI   


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3 mins read

Inflation may be past peak but cost of living crisis is far from over, say experts

Gita Gopinath, Deputy Managing Director of the International Monetary Fund, said, "we do believe th…

PTI   


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1 min read

Germany to recognise Bharat Biotech’s 'Covaxin' from June 1

In a tweet, Lindner said, Very happy that GER government just decided to recognize WHO-listed Covax…

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The EU just made Chinese EVs a lot more expensive — and created a new threat for European automakers

The EU's decision to impose far higher tariffs on imported Chinese EVs seeks to safeguard European …

Tom Carter   


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Germany's plan to halve military aid to Ukraine is a gift to Trump, expert says

Germany's draft budget for 2025 would cut military aid to Ukraine by half. The optics are terrible,…

Mia Jankowicz   


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Huileng Tan   


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A Texas man was arrested after making a threatening phone call to a Boston doctor who treats transgender children, prosecutors say

Prosecutors accused Matthew Lindner, 38, of leaving a threatening voicemail to a Boston doctor who …

Katie Balevic   


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Germany says it will keep using Russian energy for now: 'We have to be patient'

Germany is facing mounting pressure to cut Russian energy from its economy, but it's heavily relian…

Huileng Tan   


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The declining euro could worsen inflation so the ECB should push rates higher, German finance minister says

The euro is down about 7% against the dollar so far this year and is close to reaching parity with …

Brian Evans   


Kelli María Korducki   


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Germany just approved a $180 billion fund designed to reduce the nation's reliance on Russian energy supply

Germany's expansion of renewables is "even more topical and urgent" after Russia invaded Ukraine, F…

Carla Mozée   


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Poland slammed France and Germany for not taking tougher actions against Russia following evidence on Bucha killings

Mateusz Morawiecki called Russian President Vladimir Putin's rule of Russia a "totalitarian-fascist…

Sarah Al-Arshani   


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The G7 and EU are discussing seizures of Russian central bank assets for Ukraine aid, but the Kremlin calls it theft

"In the case of private assets, we have to see what is legally possible," Germany's finance ministe…

Brian Evans   


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1 min read

Janet Yellen says 'it would not be legal now' for the US to seize Russian government assets to pay for Ukraine reconstruction

The Treasury Secretary suggested talks were underway on a Western-led effort to rebuild Ukraine ove…

Joseph Zeballos-Roig   


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Germany mulls COVID-19 vaccine mandate, easing restrictions

A final decision on an initial proposal to make vaccinations compulsory for all adults in Germany i…

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Oracle has started laying off more US employees this week, sources confirm

Oracle has started cutting workers as part of a larger plan to reduce its head count by thousands a…

Belle Lin,Ryan Joe,Ashley Ste…   


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5 mins read

Decades of leaning on Russia forces Germany into a perilous decision: continue to buy Russian oil or risk economic catastrophe

Russia supplied 30% of Germany's energy needs last year. Germany needs to keep the lights on, but d…

Ben Winck   


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2 mins read

Russia edges closer to being banned from SWIFT banking system as more EU countries support move

Cutting Russia out of the SWIFT system would effectively break off the country from the global fina…

Zahra Tayeb   


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German election: Greens poised to join government of Europe's biggest economy after voters reject Merkel's party

The Greens, alongside the Free Democrats, are set to negotiate with the parties leading the electio…

Marianne Guenot