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 Ambassador of Afghanistan to Russia, Ghulam Hassan, has met with Zamir Kabulov, Moscow’s Special Envoy for Afghanistan, to discuss deepening tie...
FBI chief Kash Patel told the U.S. Senate on Tuesday there was “no credible information” that Jeffrey Epstein trafficked women or underage girls t...
As well as a text message, the suspect accused of assassinating right-wing activist Charlie Kirk in Utah also wrote a physical note message before the...
Kazakhstan has resumed oil exports via the Baku–Tbilisi–Ceyhan (BTC) pipeline. KazMunayGas said through its press service that a shipment of 8,800...
The long-awaited Zangezur Corridor in Azerbaijan, is set to become a vital transit artery—integrating the Turkic world and revitalising the Middle C...
Germany’s parliament has refused security clearances for at least four employees of the far-right Alternative for Germany (AfD) party, citing concerns they could engage in anti-constitutional activities.
China has entered the United Nations’ annual list of the world’s ten most innovative nations for the first time, displacing Germany, Europe’s largest economy, as companies in Beijing ramp up investment in research and development.
Official figures show that Germany received 7,803 asylum applications in August 2025, down from 18,427 in the same month last year – a drop of 10,624, or nearly 60%.
Germany’s Merz: Ukraine war could last for a long time
AnewZ has learned that India has once again blocked Azerbaijan’s application for full membership in the Shanghai Cooperation Organisation, while Pakistan’s recent decision to consider diplomatic relations with Armenia has been coordinated with Baku as part of Azerbaijan’s peace agenda.
A day of mourning has been declared in Portugal to pay respect to victims who lost their lives in the Lisbon Funicular crash which happened on Wednesday evening.
A Polish Air Force pilot was killed on Thursday when an F-16 fighter jet crashed during a training flight ahead of the 2025 Radom International Air Show.
At least eight people have died and more than 90 others were injured following a catastrophic gas tanker explosion on a major highway in Mexico City’s Iztapalapa district on Wednesday, authorities confirmed.
The Ambassador of Afghanistan to Russia, Ghulam Hassan, has met with Zamir Kabulov, Moscow’s Special Envoy for Afghanistan, to discuss deepening ties and regional engagement, the Afghan embassy in Moscow said on Wednesday.
FBI chief Kash Patel told the U.S. Senate on Tuesday there was “no credible information” that Jeffrey Epstein trafficked women or underage girls to anyone but himself, as he defended the bureau’s decision to close its review.
As well as a text message, the suspect accused of assassinating right-wing activist Charlie Kirk in Utah also wrote a physical note message before the shooting that he planned to kill Kirk, FBI Director Kash Patel said on Monday.
Displaced Palestinians fled Gaza City overnight on Thursday (18 September), moving southwards after Israeli forces ordered residents of the city to evacuate to the south.
Hundreds of thousands of workers, students and pharmacists staged strikes and demonstrations across France on Thursday against looming budget cuts, intensifying pressure on President Emmanuel Macron and his new prime minister.
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