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The Latest Breaking News from Christian Lindner

Kwasi Kwarteng vows to stick with tax cut plan despite calls to ‘reverse course’

Chancellor insists strategy ‘will work’ and promises ‘credible plan’ to address debt next month

The Independent UK

Tory donor makes huge profits from falling pound

‘It’s been helpful’, says Crispin Odey on his bets against Sterling amid market turmoil

The Independent UK

Germany takes over Uniper, raising rescue bill to $29 billion

Germany on Wednesday agreed to nationalise Uniper, raising the bill to rescue the gas importer to 29 billion euros ($28.7 billion) amid an escalating energy crisis that shows just how much Europe's top economy has relied on Russian fuel.

Reuters

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Germany to delay phase-out of nuclear plants to shore up energy security

Last two working plants were due to be mothballed, but will be used as emergency reserve into 2023 after Russia cuts off gas

The Guardian - UK

Germany’s massively discounted rail ticket scheme ‘saved 1.8 million tons of CO2’

The Independent UK

German ministers under pressure to scrap gas levy after anger over profits

Government to review aid package as energy companies who seek share of surcharge post-billion-euro earnings

The Guardian - UK

Cash-rich Germany criticised by watchdog over money laundering

Germany has been criticised by a global watchdog for failing to do enough to tackle money laundering, such as by prosecuting very few for the crime despite being one of the globe's biggest cash centres.

Reuters

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Germany may resort to nuclear plants to plug Russian gas gap

Germany may not be able to replace all its imports of Russian natural gas this winter and might have to resort to nuclear power to plug part of the gap, the nation’s two most powerful leaders said.

Tribune News Service

Germany considering follow-up to 9-euro monthly transport pass - Scholz

German Chancellor Olaf Scholz on Sunday called the monthly 9 euro ticket for public transport that his government introduced to help offset soaring inflation a "big success" and announced talks for a follow-up scheme.

Reuters

Rail use rises by almost half in Germany after introduction of €9 unlimited train tickets

Germany’s government currently has no plans to extend the popular scheme

The Independent UK

The Guardian view on cheap train travel: a lesson from Germany

Editorial: While the British rail industry is subjected to managed decline post-Covid, other countries are taking a more imaginative approach

The Guardian - UK

German FinMin pitches $10B tax cut plan to dampen inflation

Germany’s finance minister says the government plans to make tax cuts worth more than 10 billion euros ($10.2 billion) to benefit broad sections of the population squeezed by high energy costs and inflation

The Independent UK

Germany puts coal power plant back on network after gas supply cut

Mothballed facility in Lower Saxony gets emergency permission to run until April

The Guardian - UK

Germany argues over nuclear shutdown amid gas supply worries

Rising concern over the impact of a potential Russian gas cutoff is fueling the debate in Germany over whether the country should switch off its last three nuclear power plants as planned at the end of this year

The Independent UK

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The Street

Elon Musk Says Germany Has One Option Against Russia

The CEO of Tesla is one of the most influential personalities in the world with nearly 102 million followers on Twitter.

The Guardian - UK

Death toll in Chasiv Yar continues to rise – as it happened

1.24am BST

The Guardian - UK

Russia-Ukraine war update: what we know on day 138 of the invasion

At least 18 people dead after Russian missile attack on eastern Ukrainian town; residents in two southern regions urged to evacuate as Ukraine prepares to launch counteroffensive

The Guardian - AU

Conservatives blame the energy crisis on net zero climate goals – but what is really going on?

A range of factors is behind the rise in electricity prices, but net zero isn’t one of them

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The Independent UK

German minister rejects calls to tax growing oil profits

Germany’s finance minister has rejected calls by some in the country’s governing parties to tax what they call “excessive profits” earned by oil companies since Russia’s war in Ukraine spiked energy prices

Reuters

German lawmakers approve 100 billion euro military revamp

Germany's Bundestag lower house of parliament on Friday approved the creation of the 100 billion euro ($107.2 billion) special defence fund that Chancellor Olaf Scholz announced in response to Russia's invasion of Ukraine.

Reuters

Germany to change constitution to enable $110 billion defense fund

Germany has agreed to change its constitution to allow for a credit-based special defense fund of 100 billion euros ($107.35 billion) proposed after Russia's invasion of Ukraine, the German finance ministry announced on Sunday.

Reuters

Industry groups want G7 countries to align climate ambitions -BDI

The Group of Seven (G7) economic powers should align international climate protection ambitions along the lines of a "climate club" proposed by German Chancellor Olaf Scholz, the head of the Business 7 (B7) group of industry lobbies said on Wednesday.

Reuters

Full cost of rebuilding Ukraine impossible to quantify, says German Finance Minister

German Finance Minister Christian Lindner said on Tuesday it was impossible to say how much it would cost to rebuild Ukraine as long as fighting with Russia continues, amid European Union discussions on how to fund further aid for Kyiv.

The Guardian - UK

Genteel German island balks at prospect of anti-capitalist ‘chaos’ party

Islanders fear government’s €9-a-month travel pass will encourage a stampede of visitors

The Guardian - AU

Russia-Ukraine war: what we know on day 87 of the invasion

Last group of Ukrainian soldiers in Azovstal steelworks surrendered, Russia’s defence ministry said late Friday

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