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AI-generated
Four German states are calling for increased federal investment in inland navigation infrastructure and support for ships capable of operating in low water. They argue that waterway maintenance is lagging behind needs, while road and rail receive greater funding.
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AI-generated
The EU plans stricter regulations for holiday rental platforms like Airbnb to combat the shortage of affordable housing in tourist hotspots. Municipalities will be able to more easily implement rental limits if housing scarcity demonstrably increases.
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AI-generated
European households are reallocating their budgets due to high essential expenses and inflation, reducing spending on transport and communication to increase outlays for culture, dining, and well-being. Lower-income households have less capacity for these shifts.
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Global food prices rose 1.9 percent in August compared to July, reaching their highest point since late 2022. Extreme weather and military conflicts are causing supply shortages. The FAO lowered its global grain production forecast by two percent.
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US Trade Representative Jamieson Greer criticizes the UK's continued adherence to EU rules, hindering a trade deal with the US. Prime Minister Andy Burnham seeks closer EU cooperation, as the British public lacks a clear vision for the future.
Companies & MarketsTrade & ConsumptionIT & Internet
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Netflix is discontinuing its ad-free Basic subscription for existing customers. Those wishing to continue watching without ads must switch to the Standard plan, resulting in a 60 percent price increase. An ad-supported subscription is also available as an alternative.
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Following a general renovation of the Berlin-Hamburg railway line, approximately 74 percent of long-distance train journeys between June 14 and July 26, 2023, were at least six minutes late. Additionally, 172 planned long-distance trains were cancelled. The federal government cited heatwaves, severe weather, and issues with signaling technology as causes.
Radicalism & State SecurityTransport PolicyIT & Internet
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The Federal Office for Information Security (BSI) warns of cyberattacks on electric car charging infrastructure. Attackers could exploit the complex system involving various actors to carry out attacks.
Companies & MarketsTrade & ConsumptionIndustry & Production
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In the first half of the year, Germany saw 33 large insolvencies with annual revenues exceeding 50 million euros, a ten percent increase compared to the previous year. The automotive industry was the most affected.
Companies & MarketsTrade & ConsumptionIT & Internet
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Xiaomi plans to sell its electric cars in Germany starting in 2027. The company has signed letters of intent with eight German car dealership groups to establish a sales and service network.
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