The Merz government must promote investment, says German Council of Economic Experts
Monika Schnitzer, chair of the German Council of Economic Experts, discusses the German economy and the GCEE's spring report.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
39 minutes ago
- Yahoo
Ukraine's Zelensky hopes to push Trump on US Russia sanctions at G7
Ukrainian President Volodymyr Zelensky said Thursday he hoped to press his US counterpart Donald Trump at the G7 summit this weekend to step up sanctions against Russia, as peace talks between the warring sides stall. In two rounds of negotiations in Istanbul, Moscow and Kyiv have so far only agreed large-scale prisoner exchanges, with Russia rejecting calls to halt its three-year invasion. Trump has urged both sides to strike a peace deal and shown increasing frustration with both Zelensky and Russian President Vladimir Putin for not having found a way to end the war. He has at times threatened new sanctions on Russia, which has ramped up its aerial attacks during the talks, but has so far failed to follow through. "I count on having a conversation" with Trump at the G7, Zelensky said at a press conference in Kyiv. "This sanctions package is very important... the final decision is still in the White House, it depends on the President of the United States," he added. US Republican Senator Lindsey Graham, a close Trump ally, is pushing what he calls a bipartisan "bone-breaking" bill to introduce a 500-percent tariff on countries buying Russian oil and gas, mostly targeting China and India. - 'Appeasement' - Tens of thousands have been killed since Russia invaded in February 2022, with millions forced to flee their homes as towns and cities across eastern Ukraine have been flattened by heavy bombardments. Trump's return to the White House has upended the West's vital aid for Kyiv. Europe has been left scrambling to see how it could fill any gap if he decides to pull US military, financial and intelligence support. German Defence Minister Boris Pistorius appeared to deliver a blow to those plans during a visit to Kyiv on Thursday. Speaking alongside Zelensky, he said Berlin was not planning to deliver Taurus long-range missiles to Ukraine. "Asked whether we are considering this, my answer is no," he told a reporter of the possibility of sending the missiles, which could allow Ukraine to strike deep into Russian territory. Instead, Pistorius announced 1.9 billion euros ($2.2 billion) in additional military aid. The setback came just after Ukrainian Foreign Minister Andriy Sybiga told a security conference in Rome that the "diplomacy of appeasement does not work with Russia" -- a veiled reference to Trump's soft approach towards Putin. "We want to end this war this year," he said. Russia has been advancing on the battlefield for months and launched record drone strikes at Ukraine in recent days. Two civilians were killed in the frontline Donetsk region in a drone strike on Thursday, Ukrainian officials said. Kyiv has responded to Russian bombardments with its own wave of drone strikes. In Russia's Belgorod region bordering Ukraine, a two-year-old child was killed following one such attack, Governor Vyacheslav Gladkov said on Telegram. - POW swap - The warring sides completed the latest stage of a prisoner swap on Thursday, freeing wounded soldiers in line with a deal struck at talks in Istanbul. "Today, warriors of our Armed Forces, National Guard, and Border Guard Service are back home," Zelensky said on social media. The two sides agreed to each free more than 1,000 prisoners of war -- all wounded or under the age of 25 -- and return the bodies of killed soldiers. Zelensky published pictures of the Ukrainian servicemen, all with freshly shaved heads, draped in national flags and smiling as they made phone calls and hugged people welcoming them at the border. "They all require medical treatment," as they were "severely wounded and seriously ill", Zelensky added. At the exchange, AFP reporters saw dozens of people -- mostly women -- waiting with pictures of their captured or missing relatives, hoping the freed soldiers could offer news about them. Russian state media showed Moscow's returned troops in uniforms chanting "Russia, Russia" with national flags around their shoulders. Russia later accused Ukraine of not being "ready to conduct exchanges" on a daily basis, as it said the two sides had agreed at the Istanbul talks. Kyiv said further swaps would take place in the coming days. bur-mmp-asy/jc/phz
Yahoo
an hour ago
- Yahoo
COVID-19 Vaccine Maker BioNTech Buys CureVac as It Aims for Cancer Treatments
BioNTech is buying fellow German firm CureVac for approximately $1.25 billion as the COVID-19 vaccine maker moves to expand into cancer treatments. For each CureVac share they own, investors will get about $5.46 worth of BioNTech American Depositary Shares. CureVac is developing cancer medicines using the same mRNA technology that BioNTech uses for its COVID-19 (CVAC) shares skyrocketed 37% Thursday when the biotech company agreed to be bought by COVID-19 vaccine maker and fellow German firm BioNTech (BNTX) in an all-stock deal valued at about $1.25 billion. The purchase boosts BioNTech's move into producing new cancer treatments. CureVac said its investors will receive approximately $5.46 worth of BioNTech American Depositary Shares for each CureVac share they own. That a 34% premium to yesterday's closing price. The company noted it is "developing a novel class of transformative medicines in oncology and infectious diseases based on messenger ribonucleic acid ("mRNA")." BioNTech's COVID-19 shot is also mRNA-based. BioNTech co-founder and CEO Dr. Ugur Sahin said the deal is aimed at "advancing the development of innovative and transformative cancer treatments and establishing new standards of care for various types of cancer in the coming years." The transaction is expected to close this year and would see CureVac's operating subsidiary become a wholly owned subsidiary of BioNTech. Shares of CureVac soared to their highest level since December 2023. U.S.-listed shares of BioNTech were little changed and remain down nearly 8% year-to-date. Read the original article on Investopedia 擷取數據時發生錯誤 登入存取你的投資組合 擷取數據時發生錯誤 擷取數據時發生錯誤 擷取數據時發生錯誤 擷取數據時發生錯誤
Yahoo
an hour ago
- Yahoo
5G Services Presents a $673 Billion Opportunity in the European Market by 2031: Navigate Emerging Growth Opportunities and Challenges with this 2025 Research Report
Key drivers include rising government initiatives and the adoption of Industry 4.0. Germany leads in market share, driven by expansive 5G coverage targets. Dublin, June 12, 2025 (GLOBE NEWSWIRE) -- The "Europe 5G Services Market Forecast to 2031" has been added to offering. The Europe 5G services market, valued at US$ 18.03 billion in 2023, is anticipated to escalate to US$ 673.31 billion by 2031, with a remarkable CAGR of 57.2% during the forecast period. This growth is propelled by government initiatives aimed at promoting 5G deployment and its integration across various industries. Government efforts in Europe are crucial to 5G expansion. In July 2022, Germany launched a gigabit broadband strategy, targeting fiber-to-the-home and 5G coverage by 2030. The strategy aims for 50% FTTH coverage by 2025. Additionally, the UK government committed US$ 39.16 million in November 2023 to the 5G Innovation Regions program, boosting 5G technology in diverse areas. Germany's robust industrial sector is pivotal to boosting 5G adoption, primarily for Industry 4.0 initiatives. The integration of 5G enhances production efficiency in logistics and automation. The nation targets 50% population coverage by 2025, aiming for nationwide reach by 2030. The rise in IoT device usage further propels 5G demand, crucial for large-scale device connectivity. In February 2024, Telefonica Germany announced an extensive expansion of its 5G services across the nation, emphasizing coverage along major motorways and railways. With over 95% of the German population now connected, the company plans to extend coverage over 14,000 kilometers by the end of 2023. Market Segmentation The Europe 5G services market is segmented by type, end user, and country. The dominant segment in 2023 was enhanced mobile broadband (eMBB), followed closely by massive machine-type communications (mMTC) and ultra-reliable low latency (uRLLC). In user segmentation, enterprises outpaced consumers, with sectors like IT, manufacturing, and healthcare leading the charge. Geographically, Germany led the market, followed by the UK, France, Italy, Russia, and the Rest of Europe. Reasons to Buy the Report Understand market growth, size, and segment leadership in Europe 5G services. Align business strategies with emerging market priorities and trends. Leverage key findings for strategic development and market entry evaluations. Deep dive into market dynamics and outlook to navigate growth opportunities and challenges. Enhance decision-making with data-driven insights into customer-centric strategies. Some of the leading companies profiled in this Europe 5G Services Market report include: Deutsche Telekom AG Huawei Technologies Co. Ltd. Nokia Corp. Orange SA Samsung Electronics Co. Ltd. Telefonaktiebolaget LM Ericsson Verizon Communications Inc. Vodafone Group PLC ZTE Corp. For more information about this report visit About is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. CONTACT: CONTACT: Laura Wood,Senior Press Manager press@ For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900
