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The Latest Breaking News from Christian Lindner

G7 To Agree $50-bn Ukraine Loan At Italy Summit

G7 leaders were set to agree on a new $50-billion loan for Ukraine as they gathered Thursday for a summit in southern Italy, using the profits from frozen Russian assets.

International Business Times

G7 leaders reach 'political' deal on Ukraine funds

G7 leaders agreed Thursday at a summit in Italy on a new $50 billion loan for Ukraine using profits from frozen Russian assets, a US official said.

Radio France Internationale

Neolithic burial sites and now too much of the wrong soil type, Intel's new foundry in Germany isn't getting finished any time soon

Chip fabrication plants aren't quick to build but Intel was surely hoping it would be well under way by now.

PC Gamer

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Hopes grow of G7 deal to support Ukraine with $300bn in frozen Russian assets

Foreign ministers confident of agreement to use bank assets as security for Ukraine reconstruction loan

The Guardian - UK

Outrage at footage of people singing Nazi slogan at party on German island

The video shows a group singing replaced lyrics to L’amour Toujours, as one person also lifts his arm in an apparent Nazi salute

The Guardian - UK

Germany Gives Controversial Green Light To Cannabis

Germany on Monday became the biggest EU country to legalise recreational cannabis, despite fierce objections from opposition politicians and medical associations.

International Business Times

German Economy To Nearly Flatline This Year, Think-tanks Say

Europe's largest economy will expand by just 0.1 percent in 2024, five think-tanks said in a joint statement, a sharp downgrade from their earlier forecast of 1.3 percent growth.

International Business Times

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House Approves Key Government Spending Bills Amid Shutdown Deadline

House approves crucial government spending bills to prevent shutdown. Senate swiftly passes legislation covering essential departments. House Approves Key Government Spending Bills Amid Shutdown Deadline.2 trillion fundi...

Top News

German GDP forecast downgraded but demand for IT professionals stays high

German economy struggles, impacting IT workers from India, while trade remains stable amidst internal strife and strikes.

The Hindu

Divided G20 Blocked By 'Impasse' Over Ukraine, Gaza

The first G20 finance ministers' meeting of the year ended Thursday without a joint statement due to deep divisions over the wars in Ukraine and Gaza, officials said.

International Business Times

‘Lawfare’ on Israel’s war on Gaza reaches Germany. Will the case succeed?

Top German officials including Chancellor Scholz are being sued for allegedly ‘aiding genocide’.

Al Jazeera

German lawyers sue Scholz, alleging complicity in Gaza ‘genocide’

Lawyers representing Palestinians file case against top politicians as Germany sides with Israel.

Al Jazeera

Germany Cuts 2024 Growth Forecast As Economic Woes Pile Up

The German government slashed its growth forecast for 2024 on Wednesday, warning that Europe's largest economy was in "difficult waters" as it faced a series of headwinds.

International Business Times

German Economy Buffeted By 'Perfect Storm'

Weaker exports, costly energy and a stuttering green transition have combined to form a "perfect storm" for the German economy, leaving Chancellor Olaf Scholz's coalition bickering over how to change course.

International Business Times

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The Guardian - UK

‘Europe must defend itself’: shadow of war in Ukraine looms over security conference

With ongoing US support far from guaranteed, Ukraine urges Europe to back fight against Russia, for its own sake

The Guardian - UK

‘Let us be clear, Russia is responsible’: world leaders react to Navalny’s death

Kamala Harris, Emmanuel Macron and Olaf Scholz were among those condemning Putin’s regime after his opponent’s death

International Business Times

Trump Threats Spark New Nuclear Arms Debate In Germany

Two years after its about-turn on defence policy in response to the Russian invasion of Ukraine, Germany is starting to rethink another national taboo: nuclear weapons.

The Guardian - UK

UK could contribute to nuclear shield if Trump wins, suggests German minister

Comments draw Britain into debate about European security without US providing bulk of Nato’s nuclear deterrent

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The Guardian - UK

UK services sector posts fastest growth in eight months; Fed’s Powell urges prudence on interest rate cuts – as it happened

Rolling coverage of the latest economic and financial news, as pound hits lowest level since December

International Business Times

Eurozone Narrowly Dodges Recession

The eurozone economy narrowly avoided a technical recession in the second half of 2023 but stagnated in the final three months of the year, official data showed Tuesday.

International Business Times

Far-right AfD Could Be Next After German Court Defunds Neo-Nazi Party

Germany's constitutional court on Tuesday approved a request to withdraw public funds from the neo-Nazi Homeland party, offering what one official called a possible "blueprint" for action against the far-right Alternative for Germany (AfD).

The Guardian - UK

Globalisation is not dead, but it is fading: ‘glocalisation’ is becoming the new mantra

Industrial policy such as a green growth plan is no longer a dirty word as nations realise shorter supply chains and a strategic state role are necessary

International Business Times

Davos Free-trade Champions Fret Over War, Climate

After Covid and the war in Ukraine, free-trade boosters in Davos fretted over a new bout of turmoil in global supply chains due to rising geopolitical frictions.

The Guardian - UK

Tata Steel accused of ‘industrial vandalism’ over plan to cut up to 2,800 UK jobs – as it happened

Tata Steel confirmed plans to close two Welsh blast furnaces and cut up to 2,800 jobs

The Guardian - UK

Here’s a tip for Europe’s crisis-beset leaders: ask ‘What would Jacques Delors do?’

Faced with war and the threat of Trump, Ursula von der Leyen and others should study the legacy of modern Europe’s architect, says Paul Taylor of the Friends of Europe thinktank

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