Global debt hits record of over $324 trillion, says IIF
Global debt rose by around $7.5 trillion in the first three months of the year to hit a record high of over $324 trillion, data from a banking trade group showed on Tuesday.
Global debt rose by around $7.5 trillion in the first three months of the year to hit a record high of over $324 trillion, data from a banking trade group showed on Tuesday.
Police in Stuttgart say a car plowed into a group of people, injuring eight, though early findings suggest it was accidental.
Iranian Foreign Minister Abbas Araghchi will meet diplomats from the European troika—France, Germany, and the United Kingdom—in Rome on Friday, ahead of a scheduled fourth round of indirect talks with US Special Envoy for the Middle East, Steve Witkoff.
Lars Klingbeil, Germany’s incoming finance minister, is set to reshape fiscal policy with a sharp focus on defense spending, marking a shift from austerity as Berlin boosts military investment amid global tensions.
Germany edged out of recession with 0.2 % growth in the first quarter, but the recovery looked shaky as unemployment climbed to its highest level since the pandemic and looming U.S. tariffs threatened to stall momentum.
Political directors from France, Britain, and Germany are scheduled to meet with Iranian officials in Rome on Friday, according to two diplomatic sources who confirmed the meeting to Reuters.
A hospital in southern Germany has begun using drones to fly blood samples between sites, significantly cutting delivery times and ensuring reliability regardless of road traffic conditions.
Germany is steadily losing export market share to China within the European Union, according to a report released Monday by the KfW Development Bank.
German President Frank-Walter Steinmeier assured NATO allies on Monday that Germany would enhance its military and infrastructure contributions to Europe's defense, in response to the ongoing war in Ukraine and growing concerns over the U.S. commitment to European security.
Germany's next chancellor, Friedrich Merz, on Monday announced his first major cabinet nominations. He selected energy executive Katherina Reiche as the likely economy minister and close ally Johann Wadephul, a foreign policy expert, as foreign minister.
Greece has ruled out accepting refugee returns from Germany, citing overwhelming migration pressure and a lack of burden-sharing within the EU.
For three generations, the Liebigs built railcars in Görlitz. Now, the factory that shaped their lives will produce parts for battle tanks.
Russia warned that German-supplied Taurus missiles targeting its infrastructure would amount to direct German involvement in the Ukraine conflict.
Oman, the Netherlands, and Germany have signed an agreement to establish the world’s first liquid green hydrogen import corridor, linking Oman’s Duqm port with Amsterdam and Duisburg. The project aims to supply Europe with renewable hydrogen, supporting clean energy goals.
Germany has unveiled a new military aid package for Ukraine, reinforcing its support in the war against Russia.
German conservative leader Friedrich Merz has secured a coalition deal with the centre-left SPD, just as U.S. tariffs under President Trump increase the risk of a global recession.
Germany has suspended admissions of refugees via a UN resettlement programme, the interior ministry said on Tuesday, as a new coalition government that is expected to tighten immigration rules prepares to take office.
Germany has temporarily suspended its intake of refugees through a UN resettlement programme amid ongoing coalition talks and growing political debate over asylum policy, according to reports citing the interior ministry and the UN refugee agency.
Police are hunting a suspect who fled after three people were found dead in a home in western Germany’s Westerwald region.
German Economy Minister Robert Habeck has strongly condemned the newly announced US tariffs, warning that they could trigger an economic downturn, lead to a global recession, and disrupt international trade.
Ilham Aliyev, President of the Republic of Azerbaijan, and Frank-Walter Steinmeier, President of the Federal Republic of Germany, made press statements and responded to journalists’ questions. The President of Azerbaijan made the statement first.
On April 2, Frank-Walter Steinmeier, President of the Federal Republic of Germany, accompanied by his wife Elke Büdenbender, visited the Alley of Martyrs in Baku to honor the Azerbaijani heroes who sacrificed their lives for the country’s independence and territorial integrity.
An official welcome ceremony was held in Azerbaijan on April 2 for German President Frank-Walter Steinmeier, where he was greeted with a guard of honor and national anthems as part of his diplomatic visit.
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