Latest in German Gloom
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Scholz to lead SPD into snap German election after Pistorius withdraws
Chancellor’s popular rival says he is unavailable to stand, leaving Scholz as the default candidate. The German chancellor, Olaf Scholz, will be nominated as the candidate to lead his Social ...World - The Guardian - 2 days ago -
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German bond investors bet on an end to Berlin’s ‘debt brake’
A key indicator has fallen below zero for the first time as market braces for higher German borrowingWorld - Financial Times - Yesterday -
German power generator pleads for more secure electricity supply to offset renewables
A 12 day “Dunkelflaute” period of weather sent wind power generation tumbling in the UK, Germany and other parts of northern Europe in early November.Business - MarketWatch - Yesterday -
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Volkswagen targets layoffs and 10% pay cuts amid plans for German plant closures, union says
Volkswagen is considering wide spread pay cuts and layoffs as well as closures or size reductions of its plants in Germany, the company's works council said Monday.Business - CNBC - October 28 -
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Volkswagen to close three German factories and lay off thousands of workers, employees say
Volkswagen, Europe’s largest car manufacturer, is planning to permanently shrink the size of its German operations.Business - MarketWatch - October 28 -
Volkswagen's employee council says the automaker plans to close at least 3 German plants
The head of Volkswagen's works council says the company has informed employee representatives that it wants to close at least three plants in GermanyWorld - ABC News - October 28 -
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Iranian-German prisoner Jamshid Sharmahd, who lived in US, executed in Iran over terror conviction
Iranian-German prisoner Jamshid Sharmahd, who was kidnapped in Dubai in 2020 by Iranian security forces, has been executed in IranWorld - ABC News - October 28 -
Iranian-German prisoner Jamshid Sharmahd, who previously lived in the US, is executed in Iran over a terror conviction
Iranian-German prisoner Jamshid Sharmahd, who previously lived in the US, is executed in Iran over a terror convictionWorld - ABC News - October 28 -
Greek leaders tell German president a WWII reparations claim is very much alive
Greek leaders have revived a long-standing demand for war reparations stemming from Nazi Germany’s World War II occupation of Greece, during a visit by German President Frank-Walter SteinmeierWorld - ABC News - October 30 -
All 3 Iranian Consulates in Germany ordered shut after execution of Iranian German prisoner
Germany has ordered the closure of all three Iranian Consulates in the country in response to the execution of Iranian German prisoner Jamshid Sharmahd, who lived in the United States and was ...World - ABC News - October 31 -
Germany orders 3 Iranian consulates shut in response to the execution of Iranian-German prisoner Jamshid Sharmahd
Germany orders 3 Iranian consulates shut in response to the execution of Iranian-German prisoner Jamshid SharmahdWorld - ABC News - October 31 -
One year on, we know this: Sweden’s trade unions are more than a match for Elon Musk | German Bender
This long-running strike could be resolved if Tesla recognised a simple fact that I’ve uncovered in my reporting. The US presidential election has not been the only high-stakes date looming for ...World - The Guardian - November 1 -
Thames Water lenders call for more backers for £1.5bn rescue cash – business live
Live, rolling coverage of business, economics and financial markets as UK water company races to secure new lifeline before December crunch. In Germany the manufacturing recession has been ...World - The Guardian - November 4 -
An Iran official claims Iranian-German prisoner died before he could be executed
An Iranian official has claimed that Iranian-German prisoner Jamshid Sharmahd died before Tehran execute himWorld - ABC News - November 5 -
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Elected AfD official among 8 arrested over alleged German far-right plot
Prosecutors say group inspired by Nazi ideology planned to seize control of eastern regions and carry out ethnic cleansingWorld - Financial Times - November 5 -
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Germany's ruling coalition collapses as Chancellor Scholz fires finance minister
The three-year-old union between Scholz's Social Democratic Party (SPD), the Greens and Lindner's Free Democratic Party (FDP) had been on shaky ground for some time.Business - CNBC - November 6
