Economist Achim Truger predicts that tax increases are imminent. Speaking to the "Neue Osnabrücker Zeitung" he stated that the public should fundamentally under... https://news.osna.fm/?p=47337 | #news #amid #budget #crisis #economic

UK economy contracts in May as composite PMI falls to 48.5, lowest in 13 months, driven by sharp services sector decline to 47.9 amid economic uncertainty and Iran war impact, while manufacturing holds steady at 53.7 on front-loading demand
#YonhapInfomax #UK Composite PMI #Services Sector #Manufacturing PMI #Economic Contraction #SP Global #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=121855

if you want to know why #capitalism ends in #recession and #fascism https://generation--nachhaltigkeit-de.translate.goog/eine-schwache-finanz-wirtschaft-welche-keine-innovation-jobs-finanziert-bedroht-die-demokratie/?_x_tr_sl=de&_x_tr_tl=en&_x_tr_hl=en-US&_x_tr_pto=wapp it is (almost) all about #dysfunctional #finance #financialcrime #bank #banks not working and #economic #economy #failure but the #economy fails because the #finance #system is not working anymore #politics #germany #usa and other countries

Concerns are growing within German politics regarding increasing competitive pressure emanating from China. CDU politician Norbert Röttgen warned that Beijing's... https://news.osna.fm/?p=47139 | #news #challenges #chinas #economic #europe

Singaporean among #shipping execs accused of #pricefixing in US
"Singamas is a subsid of #PIL where Teo is exec chairman. Teo, who's also chairman of te #Singapore Business Federation & sits on 🇸🇬 #Economic Resilience #Taskforce, was later allegedly told abt te plans to artificially restrict #container production. An agreement was formalised in Feb 2020.. prices of 20-foot shipping containers more than doubled, fr ~US$1,600 to >US$3,500 fr 2019-2021"
#antitrust #corruption
https://www.straitstimes.com/singapore/container-firm-execs-including-shipping-veteran-teo-siong-seng-accused-of-price-fixing-in-us

The wage negotiations at Samsung Electronics, which had escalated to the brink of a general strike with just one day remaining, were dramatically ...#TheAsiaBusinessDaily #News #Newspaper #Economic #Issue #Politics #Society #Korea #SouthKorea
Kim Young-hoon, the Problem Solver Who Averted Samsung Electronics' General Strike... Breakthrough Achieved Through the Power of Dialogue - The Asia Business Daily

“One thing is clear: The #markets are finally waking up. And the #economic and #political fallout from Trump’s decision to emulate his idol Putin by launching what he believed would be a short, victorious #war is just getting started.” open.substack.com/pub/paulkrug...

From Dropping Bombs to Droppin...

The German Federal Government plans to establish Germany as a global leader in artificial intelligence hubs. These ambitious targets are laid out in the extensi... https://news.osna.fm/?p=47019 | #news #ai #aipowered #aims #economic