Category: Economy
Third profit warning: Adidas stock and the Rorsted problem
The Adidas stock price continues to fall as the company’s on-call CEO and profit-focused strategy lead to nothing but waste. Its value has plummeted since […]
Why the excess profit tax is needed in Europe?
Despite the economic downturn, a large number of companies are reporting record profits. Now is as good a moment as any to demand payment. [EU […]
Inflation hits double digits in Austria, highest since 1952
The preliminary estimate provided by Statistics Austria indicates that the annual rate of inflation most likely reached 10.5 percent in the month of September. [Vienna, […]
Germany attempts to say goodbye to Made in China
The German Ministry of Economy is now contemplating a package of steps to lessen the appeal of the Chinese market and, as a result, diminish […]
Rapid depreciation of the Japanese Yen, USD at 144 Yen
Interest rates in the United States increased as demand for the dollar increased in anticipation of future rate increases. [Japanese Yen] The yen’s fast devaluation […]
Does ‘unconditional basic income’ aid in combating climate change?
Do fewer hours on the job combined with a guaranteed minimum income equal preservation of the environment? When there are numerous crises going on at […]
Istanbul Airport hosted airport managers workshop of Europe
With the cooperation of Turkish Airlines (THY) and the Turkish Tourism Promotion and Development Agency, Istanbul Airport played host to the managers of 24 regional […]
Germany: Lufthansa strike has begun
Since the clock struck midnight, pilots for Lufthansa have been participating in a strike. There have been more than 800 planes called off as a […]
Drake and LeBron James will take over as Milan’s new owners
RedBird Capital Partners, the company that purchased the Rossoneri in June, has attracted investors from the worlds of music and basketball. Value is more than […]
