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By 2040, 30 percent of Germany's working population will retire, slowing economic growth. McKinsey suggests Germany could achieve up to 2.6 percent growth by 2030 through productivity increases and higher labor volume.
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US President Trump is sending negotiators Steve Witkoff and Jared Kushner to Moscow and Kyiv to conduct peace talks to end the Ukraine war. This marks the first trip by envoys to the Ukrainian capital as part of these efforts.
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President Steinmeier honored approximately 2,000 volunteers from various fields at a citizens' festival in Bonn. The event took place at Villa Hammerschmidt due to renovations at Bellevue Palace in Berlin.
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The UN has voted to replace the Mercator world map with a new map that more accurately depicts the actual size of Africa. 164 states voted in favor, while the USA rejected the initiative as an "ideological project."
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US mediators, including Witkoff and Kushner, will travel to Kyiv on Sunday to present a proposal to end the Ukraine war. President Zelenskyy called on Russia to refrain from airstrikes during the visit.
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A 32-year-old Turkish comedian faces a multi-year prison sentence for allegedly insulting the president and inciting hatred. The offense stems from a YouTube video that garnered over 14 million views. The artist has been in pre-trial detention since early July and denies the accusations.
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A survey of law students and legal trainees indicates that willingness to move to Saxony-Anhalt drops from 57.7% to 17.7% under a potential sole AfD government. This could worsen the existing staff shortage in the state's judiciary.
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The Volkswagen supervisory board approved a restructuring plan involving 50,000 job cuts globally and a reduction in models. Several state premiers are advocating for the preservation of their VW plants, which are considered uncompetitive and may explore alternative uses.
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Germany's Labour Minister Bas is calling on Volkswagen to maintain its German production sites in Neckarsulm, Hanover, Emden, and Zwickau. While the federal government welcomes a cost-saving plan, it vaguely hopes for sustainable solutions. A state premier estimates up to 25,000 jobs in Germany are at risk.
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The Supervisory Board and Management Board of Volkswagen have reached an agreement on cost-saving plans. Sophie Mühlmann from NDR reports on the agreement.
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