The Rhine has reached its critical level due to the drought, a situation that is having a direct impact on the German economy, as companies are reducing merchant ship traffic on the river.
The waterway still accounts for 5 % of freight transport in the European country, but the river level has…
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Germany is the first European country to buy LNG from Canada
Germany will receive liquefied natural gas (LNG) from Canada through the first 20-year supply agreement to Europe, with a contract between the Ksi Lisims LNG project and the German state-owned company SEFE.
According to Canadian Minister…
Germany’s GDP to grow by only 0.50 %
The German government admitted that GDP will only grow by 0.50 % this year, half of what was expected. Possible causes include stagnant exports and a lack of private investment.
The country had a growth forecast of 1%, but this has been…
Great fortunes are concentrated in a few countries
According to the Forbes list of the world's richest people, the top five countries are the United States, China, India, Germany, and Russia.
Great fortunes are concentrated in small territories. The United States tops the list, "with the…
Germany bans future oil and gas projects in protected areas
German Environment Minister Carsten Schneider unveiled the bill, which prohibits new oil and gas projects in protected areas of the North Sea and the Baltic Sea.
It also includes provisions to eliminate the granting of future licenses “as…
Google to invest €5.5 billion in Germany by 2029
Google announced this week a €5.5 billion investment in Germany by 2029 for new offices in Berlin, Frankfurt, and Munich.
The statement details that the American tech company will also allocate these funds to artificial intelligence…
Germany to reach 509.9 GW of renewable energy capacity by 2035
Germany has taken positive steps toward its clean energy transition, which includes initiatives in renewable energy, hydrogen, and LNG diversification, supported by significant federal policies.
Data and analytics firm GlobalData estimates…
Germany faces economic contraction
According to data from the Federal Statistical Office (Destatis), the German economy contracted during the second quarter of 2025, reflected in a 0.3 % drop in Gross Domestic Product.
Among the causes of this contraction are the turbulence…
Germany requests a cyberattack protection law
Germany wants to make the protection of important equipment and companies against cyberattacks a law, and has therefore submitted the corresponding request to the European Union.
According to Claudia Plattner, President of the Federal…
Countries where cryptocurrencies are tax-exempt
Cryptocurrencies are an asset that continues to gain traction in the global market. By 2025, there will be five countries where these assets will be tax-free: El Salvador, the Cayman Islands, the United Arab Emirates, and Germany.
This…
Germany launches plan to confront recession
Germany is facing a severe recession with an immediate action plan. However, analysts see little chance of a quick recovery.
It is important to highlight that it is the only country on the continent to have faced this situation for two…
Germany elects new chancellor this Sunday, February 23
On Sunday, February 23, Germany will hold elections to choose the new chancellor. The candidates Olaf Scholz, Friedrich Merz, Robert Habeck and Alice Weidel will compete for the position.
As is known, Olaf Scholz is the current chancellor…