Latest in German Shadow Economy
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How a German Proverb Explains a Golf Star’s Long-Awaited Breakthrough
From the onset of Xander Schauffele’s relationship with golf, motivational allegories and philosophical adages were fed into his psyche.The New York Times - Jan. 2 -
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Carville on Harris loss: ‘It is and it always will be the economy, stupid’
Democratic strategist James Carville, who coined the phrase “It’s the economy, stupid,” admitted his predictions for the 2024 race were wrong and that Democrats lost because of the economy. ...The Hill - Jan. 2 -
Jobless claims drop to 8-month low to end 2024. Low U.S. unemployment fuels economy.
The number of people who applied for unemployment benefits after Christmas fell to an eight-month low, capping off a year of remarkably low layoffs in a surprising resilient U.S. economy.MarketWatch - Jan. 2 -
German officials call for clampdown on illegal ‘firework bombs’ after five deaths
Explosives brought in from Poland and the Czech Republic are combined with household items for a bigger bang. German officials have called for a clampdown on illegally imported and homemade ...The Guardian - Jan. 2 -
Trump tariffs pose a greater threat to South Korea’s economy than domestic political chaos, BOK official suggests
The South Korean economy has to grapple with internal political turmoil and the threat of tariffs by U.S. President-elect Donald Trump in 2025.CNBC - Jan. 2 -
Problems with UK economy data could be widespread, warns lawmaker
Meg Hillier highlights damaging consequences of under-investment in key forecasting systemsFinancial Times - Jan. 2 -
German solar sector in distress as glut of panels heaps pressure on industry
Wave of bankruptcies hits key European market as double-digit growth rate slowsFinancial Times - Jan. 2 -
German government condemns New Year's Eve violence after hundreds of arrests
The German government has condemned incidents on New Year’s Eve in which police officers and firefighters were attacked and injured, mostly with fireworksABC News - Jan. 1