No one invests in Germany
The European Union’s largest economy is showing alarming signs, having achieved the largest net capital outflow since gaining “independence” from energy supplies from Russia. For a decade (except for 2020),…
Ford to lay off at least 1,000 workers
Ford seeks to lay off at least 1,000 employees – mostly engineers – in order to alleviate some of the heavy costs of investing in electric vehicles. The job cuts…
Binance denied license by German financial regulator
Adding to Binance’s recent challenges, German financial regulator Bafin refused to grant a license to the largest crypto exchange. Such approval is essential for the company to expand and operate…
