Deutsche Welle - Business
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7 months ago
Germany wants to defuse inflation 'time bomb' -- German Chancellor Olaf Scholz is under pressure to ease spiraling inflation. His plan is to come up with measures at a meeting of business leaders, trade unions and politicians. But they have very different ideas.10 hours ago
Will Turkish workers ease airport chaos? -- Airports in Germany face dire staff shortages. That's why many are thinking about hiring experienced airport personnel from Turkey. Turkish media have welcomed the plan.10 hours ago
Germany's cheap travel ticket under scrutiny -- The phenomenally cheap 9-euro public transport travel pass has been available for a month. Should the scheme continue?12 hours ago
Turkey mulls capital controls as lira slumps -- As President Recep Tayyip Erdogan has refused to allow interest rate rises, Turkey steps toward capital controls to support its national currency, the lira. Analysts say an economic slowdown may be on the way.3 days ago
Will new EU car policy push EV adoption? -- It looks like the EU is witnessing a big victory for e-mobility as member countries have agreed in principle that new cars can no longer have combustion engines after 2035. But there are a number of risks involved.4 days ago
Heat pumps instead of oil and gas? -- As the price for oil and gas explodes in Europe, heat pumps could be a meaningful alternative. In Germany, lavish state subsidies are making the idea even more attractive for single-family homes.4 days ago
Is India violating the EU oil embargo? -- Importing Russian crude at low prices and exporting the processed product at steep prices to the EU and US — India's refinery trade raises many questions. DW's fact check has a few answers.4 days ago
Will Russia's default hurt Putin's investors?5 days ago
G7 disappoints on energy and food crises -- The Group of Seven summit has ended with only modest solutions to the global energy and food crises. The struggles of poorer nations were sidelined by Russia's disastrous war in Ukraine.6 days ago
Supplying solar power in tiny doses -- Coopernico, a Portuguese energy cooperative, is making social establishments more energy-independent. They build small solar power plants that supply institutions and put surplus electricity back into the public grid.6 days ago
Poor countries face 'perfect storm' over debt -- As rich countries switch on their firefighting mode to tame soaring inflation, highly indebted developing countries are feeling the heat. Sri Lanka has already defaulted on its debt, many others are on the brink.7 days ago
How can Germany realistically replace gas? -- Without Russian natural gas, Germany will be facing an energy crisis. Coal, nuclear, fracking or renewable energy — what are the most realistic and climate-friendly options?11 days ago
How Poland is speeding up its Russian gas exit -- To compensate for lost Russian imports, Poland is quadrupling its gas import capacity with a pipeline from Norway and an LNG terminal. It could soon be able to help out Berlin, scrambling to replace its own Russian gas.11 days ago
Germany revives coal in gas war with Russia -- Germany has struggled to fill its gas storage sites since Russia began throttling its supply. Among the possible solutions are an increased use of coal for power production, and industry incentives to reduce consumption.13 days ago
US workers pushing unions to the mainstream -- After decades in a rut, the US labor movement appears to be reinvigorated. At the Labor Notes conference in Chicago, labor leaders wanted to ensure it's a true upsurge and not just a blip, as Teddy Ostrow reports.12 days ago
Can Finland, Sweden help decarbonize the EU? -- Demand for key metals is booming. Geopolitical realities and pandemic-related supply chain issues are increasing the pressure on EU countries to proceed with mining activities of their own to decarbonize their economies.14 days ago
Bitcoin crash dampens outlook for investors -- After crashing below the crucial $20,000 level, bitcoin remains on the edge with an uncertain outlook. But why are the cryptocurrency and its peers crashing?14 days ago
Dutch farmers protest new environmental rules -- Farmers in the Netherlands reacted angrily to a proposal by lawmakers, including a plan to shut down some cattle farms to tackle harmful nitrogen emissions.5 hours ago
Silvina Batakis appointed economy minister -- Silvina Batakis comes in at a time when the Argentine economy is in full-blown crisis mode, with inflation above 60%, a high fiscal deficit and fears rising about debt defaults.13 hours ago
Germany: Consumers urged to save gas -- Russia could be planning to stop gas deliveries to Germany, and consumers must be prepared, a top energy official says. That preparation should start now, he warned.17 hours ago
ECOWAS lifts Mali economic sanctions -- The sanctions have badly hit Mali, with its economy already under severe strain from military coups and a decade-long jihadist insurgency.17 hours ago
Eurozone inflation soars to record in June -- Inflation in the 19 countries using the euro currency has climbed to a record 8.6%. Surging energy prices amid the Ukraine war have pushed it up.3 days ago
India bans some plastics to tackle waste crisis -- New Delhi has imposed a federal ban on some single-use plastics in a country that generates around 4 million tons of the material every year. Offenders can net hefty fines or a five-year jail sentence.3 days ago
France bans veggie 'steaks' and 'sausages' -- Plant-based meat alternatives will have to come up with new terminology in France. The country adopted a measure banning plant-based products from using the same names as food from dead animals.3 days ago
Google accused of privacy violations in EU -- Google uses unclear language and deceptive designs that trick users into agreeing to give up their data, EU watchdogs have said. The tech company has two other pending antitrust suits in the EU.4 days ago
Legal blow to Biden's emissions plan -- The US Supreme Court has ruled that the federal government's key environmental agency cannot set wide-ranging limits on greenhouse gasses. President Joe Biden's administration called the ruling "devastating."4 days ago
EU to end combustion engine cars after 2035 -- After over 16 hours of negotiations, the EU's environment ministers struck a deal on proposed laws to combat climate change. From 2035 onward, only new cars and vans with zero CO2 emissions will be permitted.5 days ago
EU seeks ban on some tobacco products -- The European Commission wants to crack down on the use of novel tobacco products as part of a plan to fight cancer. However, the ban would not cover all vaping products.5 days ago
N. Ireland — Johnson gets out the chainsaw -- The British prime minister is ripping the Northern Ireland Protocol out of Brexit. This breach is an act of political insanity and is further proof of Boris Johnson's utter irresponsibility, says DW's Barbara Wesel.18 days ago
Hong Kong fishing boats mark anniversary -- The anniversary marks the halfway point of the One Country, Two System. But Hong Kong's independence from British colonial rule has been all but plain sailing for many in the city over the past 3 years.4 days ago
Why is Africa dependent on imported grain? -- Despite having vast amounts of arable land, nutritious indigenous crops and a booming agricultural sector, Africa still imports most of its grain.4 days ago
What stops switch to climate-friendly diet? -- The global food system allows us to buy almost any product we want, whenever we want — often at the cost of the environment. But are we even capable of changing our eating habits?3 days ago
Jokowi visits Ukraine and Russia amid food crisis -- Indonesian President Joko Widodo has said he will try to convince the Ukrainian and Russian leaders to end the war, which has stoked inflation as well as caused food and energy shortages in many developing countries.5 days ago
Can degrowth stop climate change, end poverty? -- The degrowth movement want rich countries to stop chasing GDP in a desperate bid to stop the planet from heating — but both supporters and critics are gambling on prosperity and climate stability for billions of people.5 days ago
Ukraine war: Germans fear the end of prosperity -- The war in Ukraine and inflation have Germans concerned about their standard of living. Those who have the least are likely to suffer the most.7 days ago
What would a 'Marshall Plan' for Ukraine entail? -- German Chancellor Olaf Scholz has called for a "Marshall Plan" to rebuild war-scarred Ukraine. What does he mean by that?7 days ago
Touring Europe this summer? Consider this -- As travelers set off on vacations to avenge being grounded for so long due to the pandemic, they are getting a reality check. Logjams at airports are ensuring a rather rocky start to their long-awaited trips.17 days ago
DW looks behind the business headlines -- DW's new video series offers deep dives into the most relevant cross-border business stories of today, guiding you through trade conflicts, supply chain challenges, global labor issues and the battle for tech dominance.1 year ago
Spain and Portugal suffer shortage of waiters -- Bars and hotels in Spain and Portugal are having trouble finding workers for the peak summer season.7 hours ago
Turkey's professionals leave -- More and more well-educated Turks want to leave the country because of the bad economic situation at home.12 hours ago
Chinese couple turns French estate into winery -- In south of France a Chinese couple transformed an abandoned estate into a prolific vineyard.7 hours ago
Kenyan startup transforms plastic trash -- Each month, Noma Green Plastic Limited salvages plastic discarded in landfills and molds it into everyday items.3 days ago
Czech Republic eyes more nuclear energy -- The Czech Republic plans a massive expansion of nuclear energy in order to ensure its energy security by 2036.3 days ago
Singapore affected by Ukraine war -- Singapore is feeling the consequences of the pandemic and the Ukraine war.3 days ago
Worst drought in 70 years hits agriculture -- Italian agriculture suffers from the worst drought in seven decades. Losses are bound to be huge.3 days ago
Program Highlights - Globalization Magazine - Reports from around the globe7 months ago
DW Business - America - Inflation Issues - Turkey's Rising Prices - Help Wanted3 hours ago
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James Webb Space Telescope: Just a huge thermal camera -- Astronomers have long used infrared technology — the same as in thermal imaging — to see deep space. Our biggest space telescope takes it to another level.6 days ago
Bhutan fights back against water crisis -- Bhutan is increasingly struggling with the consequences of climate change as droughts and floods destroy local crops. How can the country tackle its water challenges?11 days ago
Novel battery, cancer vaccine among European inventor award winners -- The 2022 winners of one of Europe's most prestigious innovation awards have been revealed. Some of the highlights included upgraded batteries and cancer vaccines.12 days ago
Pandemic forces Colombia's artisans to rethink -- Tourism is one of the industries hit hardest by the pandemic. In Colombia, most holiday destinations were shut down. Without foreign buyers, local craftspeople were left with a lot of time on their hands. So many began to innovate.18 days ago
Tesla CEO Elon Musk calls Berlin, Texas factories 'gigantic money furnaces' -- The South African-born entrepreneur said low output and supply chain issues are making the new factories an expensive endeavor. The Berlin factory in particular has been met with union and environmental challenges.11 days ago
Is India's auto industry ready to go electric? -- India has big ambitions to slash crude oil imports and push for an electric vehicle future, but high costs and a lack of infrastructure could hamper the country's green narrative.1 month ago
Ukraine war: German auto industry alarmed over lack of raw materials -- Critical raw materials from Russia and Ukraine could become increasingly scarce as a result of the conflict. Car industry experts called on the EU to seek new markets and boost the domestic extraction of key metals.2 months ago
VW guns for Tesla with homegrown software developers -- German car giant Volkswagen is investing billions to boost its software prowess, where it lags Tesla. The strategy involves hiring the best minds, but software talent is hard to come by. VW believes it has a solution.4 months ago
EU says Croatia ready to join eurozone in 2023 -- The European Commission says Croatia has met all the conditions to adopt the euro common currency starting in 2023. The planned switch will come less than a decade after the Balkan country joined the EU.1 month ago
DW Business - America -- Eurozone inflation hits 8.1% in May - US workers seek new jobs after 'Great Resignation' - Hungary caps prices to fight inflation1 month ago
Eurozone inflation 'a shock for growth outlook' -- Eurozone shares have slumped after data showed inflation rose to a record high, spurring bets of bigger interest rate hikes in the area. Berenberg Bank Chief Economist Holger Schmieding expects growth to suffer, too.1 month ago