Fight against supply chain bottlenecks German industry fills up the camps 11/23/2022 1:27 p.m The industry has been fighting supply bottlenecks since the pandemic. In order to prevent future disruptions, German companies are stocking up sharply, and many are enlarging their warehouses, reports the IFO Institute. However, it is questionable whether Germany will remain an…
Public shaming is not without controversy, but it happens more often than you think: in Slovenia there is an online pillory for tax evaders, in the USA for people who have been convicted of child abuse. The term flight shaming was coined in Sweden. Should climate sinners generally be publicly exposed? The American Emission Project…
Panic mood in the economy Germany is threatened with de-industrialization 10/07/2022 5:37 p.m Germany owes its prosperity to industry. But the rapidly increasing gas and electricity prices could be the beginning of the end of the successful model. Production facilities are closed and increasingly relocated abroad. Can Germany continue to assert itself as an industrial…
IFO registers change of strategy Delivery bottlenecks are forcing many companies to rethink 06.10.2022, 3:00 p.m Not only rising energy and raw material costs, but also the increasingly unpredictable logistics are causing considerable problems for companies. To avoid supply bottlenecks, most companies are now adjusting their strategies: large ones differently than smaller ones. Numerous German…
Demand is growing only in China Manufacturers are probably selling fewer cars than expected 09/01/2022, 05:01 p.m Sales by German carmakers are weakening in Europe and the USA. Once again, a sales forecast has to be revised downwards. The only ray of hope is currently China. There, the losses in the rest of the world…
First layoffs in retail IFO: Companies are looking for employees despite signs of a crisis 08/29/2022, 09:51 am The crisis is becoming more likely, but the majority of companies want to increase the workforce. However, the willingness in the individual sectors differs. The construction industry is looking for employees, the situation in industry is clouding…
Problems with e-scooter production “Supplier had sold our idea as his own” 08/27/2022 1:03 p.m The e-scooter startup Kumpan Electric got its components from Asia for a long time – until the problems piled up and the founder made a radical decision. In an interview, Patrik Tykesson explains why the company is now relying on…
Get out of the permanent crisis kink Germany has to change By Roland Lindenblatt 08/24/2022, 4:14 p.m Corona, war in Ukraine, energy crisis – the German economy is under constant stress. Before one setback is overcome, the next follows. Economic expectations are correspondingly pessimistic. The mixed situation reveals one thing above all: the naivety of…
Verdi agrees Collective bargaining dispute over workers in North Sea ports ended 08/23/2022, 7:18 p.m After tough negotiations with the ZDS, the Verdi trade union paves the way for a new collective agreement for the 12,000 employees in the North Sea ports. This means that renewed strikes are probably off the table. The final approval…
Union threatens operator More strikes at UK cargo port possible 08/22/2022, 12:43 p.m Is the eight-day strike at Britain’s largest cargo port, Felixstowe, just the beginning? The Unite union is increasing the pressure on the operator, further strikes are conceivable. Meanwhile, the wave of labor disputes on the island is spreading: criminal lawyers also want…
Cancellations due to the Taiwan crisis “Chip industry panics” 8/12/2022, 6:42 p.m Business is following the worsening of the Taiwan conflict with great concern. The chip industry is apparently already feeling the danger of an escalation. Customers of the largest Chinese semiconductor manufacturer suddenly cancel their orders. The Taiwan crisis apparently triggers great unrest in…
Taiwan crisis threatens supply chains Companies are questioning their China strategy By Christina Lohner 08/09/2022, 7:09 p.m In view of the Taiwan conflict, the economy is threatened with the next crisis, in the worst case a trade war with China. However, German companies cannot avoid this in the short term. Their hopes now rest on…
