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Dr. Nikolas Stihl, Chairman of the Supervisory Board of STIHL, is calling for a 40-hour work week without wage compensation to strengthen the German economy. He criticizes domestic issues like high costs and bureaucracy, emphasizing the need to increase work volume to maintain prosperity and the welfare state.
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Volkswagen has decided on a savings plan that includes the elimination of around 100,000 jobs worldwide. The company also plans to halve its model range and reduce R&D investments to increase profitability. However, experts criticize a lack of a forward-looking strategy.
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Chancellor Merz warned of further job losses in Germany's industrial sector. Volkswagen plans to cut 50,000 jobs and reduce its model range, with the future of four German plants uncertain.
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The tech industry is massively cutting jobs in 2026, with over 12,900 positions eliminated in Silicon Valley alone by September. This figure already exceeds last year's level by 27 percent and is attributed to investments in artificial intelligence.
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A turbulent session in the Polish parliament saw Prime Minister Tusk reveal details from investigations into a crypto exchange scandal, naming former Justice Minister Zbigniew Ziobro. An attempt to override a presidential veto on a cryptocurrency law failed.
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The funeral of convicted war criminal Ratko Mladić is taking place in Belgrade, but without state or military honors. The Serbian government denies accusations of glorification, while the EU criticizes this as incompatible with its values.
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At least five shots were fired at a bar in Cologne, leaving four bullet holes in the facade. Police are searching for two suspects and investigating possible links to two other attacks on Turkish restaurants this week, which may involve extortion attempts.
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A study of over 1,000 young adults found that warnings about risks like depression and sleep disorders can decrease social media usage. The most effective warnings addressed mental health damage, excluding addiction warnings.
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An Argentinian court has ordered the return of a painting by Giacomo Antonio Melchiorre Ceruti, seized in a Nazi-looted art case. The artwork, formerly owned by Jewish art dealer Jacques Goudstikker, will be returned to the Netherlands after a public exhibition in Argentina.
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