Paris/Berlin/Rome: Effects of sharply escalating fuel prices resulting in peak inflation are being felt across leading European countries like France, Germany, and Italy. Professionals in France declared a nationwide strike against the government on Tuesday. It has received a positive response from all the strata of French society. Also, the protestors in Germany are expressing […]
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Brussels/Berlin/Stockholm: Present economic growth of Europe is much lower than expected, primarily due to high inflation on account of fuel shortage. Although the European Central bank has hiked the interest rate to control inflation, the rise in inflation is expected to continue, warns ECB President Christine Lagarde. There is a strong possibility that Germany and […]
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Berlin: Germany is on the brink of recession as Russia restrains its energy supply. Germany is now looking at Saudi and UAE to establish cooperation to overcome dependency on Russia. Last week, the German chancellor, Olaf Scholz, urgently visited the Middle East. He signed an important agreement with the UAE and initiated a discussion to […]
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Ohio/ Berlin: By citing that 72% of Germany’s fuel and energy is imported from Russia, former US President Donald Trump warned that the Germans might lose their country soon if the situation persists. Trump further stated that Germany is facing such a situation because of the former German Chancellor, Angela Merkel. At a meeting in […]
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Berlin: In the wake of the Russia-Ukraine conflict, the process of globalisation has come to a standstill. Besides, there is no possibility of its recovery. At the same time, there is a risk of fuel shortage and inflation is also likely to continue. The head of Deutsche Bank, Christian Sewing, warned that due to these […]
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Berlin: Germany’s internal state security minister Herbert Reul made a statement to warn that the current energy crisis and soaring inflation could be used to propagate conspiracy theories and carry out subversive activities. He is the internal security minister of North Rhine-Westphalia state, Germany’s largest economy and most populous state. A few days back, the […]
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Berlin: – German thinktank ‘Institute of Employment Research’ (IAB) claimed that the German economy would take a hit worth $265 billion over the next few years given the Russia-Ukraine conflict and the fuel price rise. The IAB reports also predict that there will be a decline of nearly 1.7% in the German GDP in the […]
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Berlin: The German Commerce Minister had warned a month ago, ‘The United States was hit by recession following the Lehman Crisis in 2008. If Russia cuts off fuel supplies to Germany, the situation in the country will be similar to the Lehman Crisis. Repercussions of this will be felt all over the world.’ This German […]
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Berlin/Paris: Former German President Wolfgang Schauble appealed that against the background of the Russia-Ukraine conflict, Germany should invest in the French nuclear program for the security of Europe. Since the beginning of the Ukraine military campaign, Russian President Vladimir Putin and other important Russian leaders have consistently warned about the use of nuclear weapons. This […]
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Moscow/Berlin: Russia announced the closure of the ‘Nord Stream 1’ fuel pipeline supplying natural gas to European countries. Russia informed that the pipeline would remain closed for repairs and maintenance for 10 days from Monday. Last month itself, Russia reduced the gas supplied to Europe through this pipeline by 60%. At the same time, it […]
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