Germany's industrial competitiveness is declining at an unprecedented rate, warned the Munich-based Ifo institute. In January, 24% of German companies rated their competitiveness as low against non-EU firms, while 21% noted growing competition within the EU.
Ifo’s Klaus Wohlrabe highlighted the severity of the decline, stressing the urgent need for reforms. The downturn affects all sectors, with the automotive, metal, and chemical industries particularly impacted, while beverage manufacturers remain relatively stable.
To restore competitiveness, the government must cut bureaucracy, speed up approvals, offer tax relief, and address skilled labor shortages, Wohlrabe urged.
The U.S. Supreme Court has struck down President Trump's sweeping tariffs on Friday (20 February), which he imposed under a law intended for national ...
Spain’s Constitutional Court has rejected an appeal by the father of a 25‑year‑old woman who opposed her right to euthanasia, clearing the way f...
Europe's five largest defence powers are teaming up on a multi-million-euro project to bring low-cost air-defence systems such as autonomous drones or...
NASA successfully completed a critical fueling rehearsal on Thursday (19 February) for its giant moon rocket, Artemis II, after earlier hydrogen leaks...
Uzbekistan's president Shavkat Mirziyoyev has held a series of high-level meetings in the U.S. aimed at strengthening bilateral economic and strategic...
Europe's five largest defence powers are teaming up on a multi-million-euro project to bring low-cost air-defence systems such as autonomous drones or missiles into production within 12 months, ministers meeting in Krakow, Poland, said on Friday (20 February).
Britain and Germany’s highest ranking military chiefs have made an unprecedented joint appeal to the public to accept the “moral” case for rearmament and prepare for the threat of war with Russia.
Norway is holding a commanding lead in the medal standings with 12 golds and a total of 26, with Italy having an historic performance on home soil on the ninth day of the Milano-Cortina Winter Olympics on Sunday (15 February).
Start your day informed with AnewZ Morning Brief: here are the top news stories for the 15th of February, covering the latest developments you need to know.
Israel is preparing for the possibility of receiving a green light from the United States to launch strikes against Iran’s ballistic missile system, according to Israel’s public broadcaster KAN.
Aghdam’s Qarabag FK experienced a 6–1 defeat to England’s Newcastle United in the first leg of their UEFA Champions League play-off tie in Azerbaijan's capital Baku Wednesday evening (18 February).
U.S. President Donald Trump’s 'Board of Peace' will hold its first leaders’ meeting on Thursday (19 February) in Washington, D.C., launching an initiative aimed at stabilising Gaza and addressing global conflicts. It's drawn support from regional powers but refusals from several EU countries.
The Board of Peace will be "looking over the United Nations," said U.S. President Donald Trump at the inaugural Washington meeting, where representatives from over 20 countries gathered to unveil plans for Gaza’s reconstruction and coordinate international support.
Russian President Vladimir Putin met Cuban Foreign Minister Bruno Rodriguez in the Kremlin on Wednesday, telling him that new restrictions imposed on the communist-run island were unacceptable.
The U.S. Supreme Court has struck down President Trump's sweeping tariffs on Friday (20 February), which he imposed under a law intended for national emergencies.
Spain’s Constitutional Court has rejected an appeal by the father of a 25‑year‑old woman who opposed her right to euthanasia, clearing the way for the procedure to go ahead, the court said on Friday (20 February).
Europe's five largest defence powers are teaming up on a multi-million-euro project to bring low-cost air-defence systems such as autonomous drones or missiles into production within 12 months, ministers meeting in Krakow, Poland, said on Friday (20 February).
Russian Foreign Minister Sergey Lavrov reaffirmed Russia’s support on Friday (20 February) for the negotiation process between Washington and Tehran amid escalating regional tensions.
Relations between Russia and Japan have effectively collapsed due to Tokyo’s “unfriendly” stance towards Moscow, the Kremlin said on Friday (20 February), adding that there is currently no dialogue aimed at concluding a peace treaty.
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