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Volkswagen is selling its Osnabrück plant to the state of Lower Saxony and Israeli investor Aurelius. The facility will be converted into a defense industry center, starting with the production of air defense systems.
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China is providing 46.1 billion Euros to state banks and insurers to strengthen their balance sheets. The funds aim to improve lending capacity and the ability to support the economy.
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Kilian Pfeffer from ARD Berlin reports on a press conference held by the AfD. The article does not contain further details on the content of the press conference or Pfeffer's statements.
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Young voters in Saxony-Anhalt predominantly voted for the CDU in the state election. The party received the most votes from this age group.
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Russians are spending more on food as non-food expenditures decrease. This trend is evident in rising food spending shares at shopping centers and among city dwellers, while demand in areas like beauty, health, and electronics is declining.
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Following the state election in Saxony-Anhalt, leading CDU politicians have ruled out a debate about party leader Friedrich Merz. They instead call for an acceleration of the federal government's reform course. SPD politicians criticized the course and Merz's rhetoric.
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The CDU in Saxony-Anhalt faces a decision on future coalitions following the election. The question is whether the party will continue to cooperate with The Left.
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Turkey has raised its inflation forecast for the end of the year to 28.4%. The Middle East war is cited as the main reason for the adjustment, with estimated impacts of around seven percentage points on inflation.
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