Member states and the European Parliament have agreed on new fiscal rules. Experts consider these better than the rigid old rules of the Stability and Growth Pact. Nevertheless, they could prevent the investments needed to achieve the climate targets.
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Amidst economic woes, China's middle class suffers another setback: wages have fallen significantly over the past year. This is also bad news for consumption.
By Jörn Petring
Like Germany, Japan is also experiencing a turning point in security policy. In light of rising tensions with China and Russia, the defense sector is ramping up rapidly. But there are debates, for example, about financing.
By Redaktion Table
EU Agriculture Commissioner Janusz Wojciechowski is proposing a significant relaxation in the implementation of the Common Agricultural Policy. However, experts believe that his plans are legally shaky.
By Julia Dahm
Numerous EU dossiers are still open, but the current legislative period is fast approaching its end. We provide an overview of which legislative acts are still to be adopted before the elections on June 9 – and for which time is running out.
By Till Hoppe
Russia is still circumventing the $60 limit on oil exports and is finding enough loopholes to import sanctioned goods. If the West does not succeed in stopping this, Putin will be able to continue financing the war against Ukraine.
By Viktor Funk
The presidential election in Indonesia revolves heavily around China. The economic influence of the People's Republic is enormous. Moreover, Chinese companies process the country's raw materials. This does not only have advantages, especially when it comes to relations with the USA.
By Redaktion Table
The electric car manufacturer Li Auto has set its sights on German manufacturers in the premium segment. The sales figures needed to achieve this are far beyond the forecast for the entire market. However, the rapid development of recent years seems to bring the ambitious goals within reach – despite a technology that is frowned upon in Europe.
By Christian Domke Seidel
In a final, 16-hour trilogue negotiation, the Belgian Council Presidency and the negotiators from the EU Parliament reached an agreement on the reform of EU debt rules. Although the outcome largely aligns with the Council's position, it is intended to create minor additional leeways for investments.
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German politicians welcome BASF's withdrawal from Xinjiang. And yet, there is criticism. Because the company reacted late. In order to avoid angering the Chinese leadership, BASF also stresses environmental reasons for its decision.
By Marcel Grzanna
