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The Latest Breaking News from Christian Lindner

EU votes in favor of massive tariffs on Chinese EVs. Here's what it means

A divided EU reluctantly agreed massive tariffs on Chinese-made EVs.

Fortune

Oil price drops, and BP and Shell shares slide, as Saudi Arabia ‘prepares to abandon $100 crude target’ – as it happened

Saudi Arabia is reportedly ready to abandon its unofficial price target of $100 a barrel for crude as it prepares to increase output

The Guardian - UK

The Guardian view on Olaf Scholz’s struggling coalition: running out of time

Editorial: A pyrrhic victory for social democrats in the latest state election offers scant consolation. The German far right continues to strengthen

The Guardian - UK

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Some analysts believe Intel won't build out its German fab due to financial woes: Report

There is a 50% chance that Intel is not going build its fab in Germany after it put it on pause for two years.

Tom’s Hardware

The Guardian view on Europe’s future: spend big or risk the consequences

Editorial: Former European Central Bank chief Mario Draghi is right to call for Marshall plan-type investment in the continent’s future

The Guardian - UK

Here's why Intel's plan to shelve a €30bn German plant could rupture its government.

Germany's finance minister has urged his government to reallocate the €10 billion it had set aside for the Intel plant.

Fortune

Wolfgang Gerhardt, who led Germany's pro-business Free Democrats, dies at 80

Wolfgang Gerhardt, a politician who led Germany’s pro-business Free Democrats from 1995 to 2001, has died

The Independent UK

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Europe needs 'unprecedented' investment to close gap with China, US

Europe needs to significantly increase investment as part of a "new industrial strategy" to remain competitive with the United States and reduce reliance on China, a new report claims.

Radio France Internationale

Europe needs ‘massive’ investment drive to catch global competitors: Report

Ex-ECB chief Mario Draghi’s report says Europe’s economy faces ‘existential challenge’ to catch up with the US, China.

Al Jazeera

Europe Needs 'Unprecedented' Investment Surge, Says Key Report

Europe must massively ramp up investment including through joint borrowing as part of a "new industrial strategy" to keep pace with the United States and avoid dependence on China, a keenly awaited report warned Monday.

International Business Times

Rising Concerns Over Far-Right Party Impact On Business

Jena grapples with political uncertainties as AfD gains traction, impacting businesses and diversity initiatives.

Top News

Germany's Coalition Reaches Agreement On 2025 Budget Details

Germany's governing coalition, led by Chancellor Olaf Scholz, overcame financial disagreements to reach a budget agreement for 2025 after facing challenges...

The Independent UK

Germany's quarrelsome government clinches a deal on the 2025 budget

Germany’s quarrelsome governing coalition has reached an agreement on details of the country’s 2025 budget

The Guardian - AU

Ukraine war briefing: Germany to halve military aid to Kyiv, draft budget reportedly shows

We’ll fight on regardless of Washington support, says Ukrainian defence minister; US jails Russian military parts smuggler. What we know on day 876

International Business Times

Germany's Coalition In Impasse Over 2025 Budget

Chancellor Olaf Scholz's Social Democrats (SPD), the Greens and the liberal FDP, who came to power in 2021, have until July 3, the end of the current parliamentary term, to reach a compromise.

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Al Jazeera

G7 leaders agree to $50bn loan for Ukraine at annual summit

G7 leaders hail ‘unity’ after reaching deal to fund Ukraine via profits on frozen Russian assets during summit in Italy.

International Business Times

G7 To Agree $50-bn Ukraine Loan At Italy Summit

G7 leaders were set to agree on a new $50-billion loan for Ukraine as they gathered Thursday for a summit in southern Italy, using the profits from frozen Russian assets.

Radio France Internationale

G7 leaders reach 'political' deal on Ukraine funds

G7 leaders agreed Thursday at a summit in Italy on a new $50 billion loan for Ukraine using profits from frozen Russian assets, a US official said.

PC Gamer

Neolithic burial sites and now too much of the wrong soil type, Intel's new foundry in Germany isn't getting finished any time soon

Chip fabrication plants aren't quick to build but Intel was surely hoping it would be well under way by now.

The Guardian - UK

Hopes grow of G7 deal to support Ukraine with $300bn in frozen Russian assets

Foreign ministers confident of agreement to use bank assets as security for Ukraine reconstruction loan

The Guardian - UK

Outrage at footage of people singing Nazi slogan at party on German island

The video shows a group singing replaced lyrics to L’amour Toujours, as one person also lifts his arm in an apparent Nazi salute

International Business Times

Germany Gives Controversial Green Light To Cannabis

Germany on Monday became the biggest EU country to legalise recreational cannabis, despite fierce objections from opposition politicians and medical associations.

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