EUR/USD Price Forecast: Flat lines below 1.1200 ahead of German consumer inflation data – FXStreet
EUR/USD lacks solid direction during the day, remaining within the range from a few days ago. The technical setup is mixed, so caution is required before positioning for a short-term trajectory. Traders are eyeing preliminary German CPI numbers for some stimulus ahead of Fed Chairman Jerome Powell's speech. The new week begins on a subdued […]
Entire German Green Party Leadership Resigns over Election Failures
The entire federal executive committee of Germany's Green Party resigned on Wednesday following a series of crushing defeats in local elections. The left-wing party is losing supporters in large numbers amid growing opposition to core parts of its platform, including its environmental policies, support for the war in Ukraine and open borders. Green party leaders […]
German Central Bank: Mergers Must Yield ‘Robust’ Competition – PYMNTS.com
The head of Germany's central bank hopes that bank mergers will create stronger, more competitive financial institutions. “We need strong, robust banks to enable businesses to tackle and finance the challenges of the future.” German Bundesbank chief Joachim Nagel He said during his speech Commerzbank Events in Frankfurt Wednesday (September 18th). “In the event of […]
The princess and the judge: Samuel Alito’s ties to a German aristocrat who defends the far right | Samuel Alito
a The German aristocrat who hosted Samuel Alito at his castle in 2023 has revealed new details about his friendship with the right-wing Supreme Court justice, including that they have a mutual friend who played a key role in J.D. Vance's conversion to Catholicism. Gloria von Thurn und Taxis, a one-time party girl turned traditionalist […]
German soccer assoc. will let trans athletes choose gender
Germany's top soccer association has decided to allow transgender players to self-declare their gender identity in order to comply with new German law. The German Football Association (Deutscher Fussball-Bund) recently held a workshop in Frankfurt to discuss what reforms it could implement to the football league. The DFB said it continues to work to “liberalize […]
German installation artist Rebecca Horn dies aged 80 | Art and design
Rebecca Horn, the German installation artist known for her surreal and sensual “art machines” that incorporated musical instruments, bird feathers and mechanical engineering, has died aged 80, her foundation confirmed. According to Moontower FoundationHorn died on Friday evening in his hometown of Bad König in the Odenwald region of western Germany. Born in 1944, one […]
German Bank Shuts Down Account Of AfD’s Sascha Schlösser After Election Win
The bank accounts of politicians from the right-wing Alternative for Germany (AfD) party have been closed, lawmakers announced on Thursday. Deutsche Kreditbank (DKB) has closed the account of Sascha Schlöser, according to a Twitter post, which included a copy of a letter from DKB informing them of the decision. “The DKB took the opportunity to […]
German Economy Is Struggling Because of Germans Calling for Less Immigration
Right-wing populists may not yet be in power in Germany, but they are certainly to blame for the country's struggling economy, a top globalist think tank has said, blaming their anti-immigration rhetoric for stifling economic growth. The old neoliberal orthodoxy that immigration leads to economic growth may be dead in the minds of many, but […]
Right-Wing Populist AfD Most Popular Party Among Young German Voters
The anti-mass immigration populist Alternative for Germany party was the most popular among young voters in Sunday's local elections, with analysis showing that establishment warnings about the rise of the so-called “far right” are being ignored by many self-described “centrist” young people. Local elections in two eastern German states over the weekend saw young voters […]
Volkswagen May Close German Plants as Cheap Chinese Cars Flood Europe
Germany-based Volkswagen is considering closing factories in the country as European Union automakers struggle with a flood of cheap Chinese-made cars that are taking up an increasing share of auto sales on the continent. “The situation in the European auto industry is very tough and serious,” Volkswagen Group CEO Oliver Blume said on Monday, suggesting […]