Page 38 - Germany

Elon Musk says new Tesla plants are 'money furnaces' losing billions

"Both Berlin and Austin factories are gigantic money furnaces right now," the chief executive officer said in a video interview with Tesla Owners of Silicon Valley posted online Wednesday

Germany on 'gas alarm', sees long-term supply shortages: Report

The Nord Stream pipe, already operating at just 40 per cent of normal levels, will be offline for works on July 11-21, tightening a market that's seen prices soar in recent weeks

Germany triggers gas alarm stage, accuses Russia of 'economic attack'

Russia has denied the gas supply reductions were premeditated, with state supplier Gazprom blaming a delay in return of serviced equipment caused by Western sanctions

PM Modi to visit Germany, UAE from June 26-28 to attend G7 Summit: MEA

"PM Narendra Modi will be visiting Schloss Elmau, Germany at the invitation of Chancellor of Germany, Olaf Scholz, for the G7 Summit under the German Presidency on June 26 and 27," the MEA said

Germany's Scholz to discuss 'Marshall plan' for Ukraine with G7 leaders

Like Europe then, Ukraine today needs a Marshall plan for its rebuilding, Scholz said referring to the US-sponsored plan that helped revive European economies after WWII.

Germany taking steps on 'serious' gas situation, says economic minister

Germany will reduce gas consumption in the power sector and industry and push the filling of storage facilities, Habeck said, adding that the government is ready to take further measures if needed

Hot weekend for Europe, wildfire warning issued for Mediterranean region

Officials warned of wildfires across the western Mediterranean region as high temperatures and a long dry spell made for combustible conditions.

Russia-Ukraine conflict: French, German, Italian leaders arrive in Kyiv

The leaders of France, Germany, Italy and Romania arrived in Kyiv in an apparent show of collective European support for Ukraine as it tries to resist Russia's invasion

US, Germany sending weapons to Ukraine as Russian forces advance

The Russian military said it used long-range missiles Wednesday to destroy a depot in the western Lviv region of Ukraine where ammunition for NATO-supplied weapons was stored

Govt discusses future export of hydrogen with Japan, Germany

Singh, who is also the minister for new and renewable energy, informed that India is aiming to produce 20 million tonne (MT) of green hydrogen by 2030

As Covid curbs ease in Germany, daily infections top 100 mark again

Germany recorded more than 100k new Covid-19 infections within one day for the first time since April, media reported

Germany to introduce some temporary border checks during G7 summit

Germany will temporarily introduce some border controls as the country gets ready to host the Group of Seven summit later this month in the Bavarian Alps. The summit of wealthy nations with the leaders of Germany, the United States, France, Japan and other top industrial countries will take place from June 26-28 in Elmau, and Germany has ordered increased security on its border from June 13-July 3, the country's interior ministry said in a statement Saturday. The controls are intended to prevent potential perpetrators of violence from entering German territory, the statement said, adding that "travellers must therefore expect to be subject to checks during this period". The interior ministry did not further elaborate what kind of violent threats it might be expecting, but several protests against the summit are planned in the nearby town of Garmisch-Partenkirchen and in Bavaria's capital, Munich, during the leaders' meeting. The temporary border controls will be flexible in terms o

Germany prepares to lend billions to rescue ex-Gazprom unit: Report

A bailout for Gazprom Germania GmbH could come as early as this week, with state-owned bank KfW Group expected to issue a loan in the range of 5 billion euros ($5.2 billion) to 10 billion euros

Serbian prez, German chancellor disagree over imposing sanctions on Russia

The German Chancellor "in a decisive, clear and sharp manner" asked Serbia to join Western sanctions against Russia, and even offered help for the construction of energy capacities, Serbian prez told

German central bank lowers GDP growth forecast for 2022 to 1.9% from 4.2%

The Deutsche Bundesbank, Germany's central bank, lowered its growth forecast for the country's GDP to 1.9 per cent in 2022 from its previous projection of 4.2 per cent growth in December last year

Germany: G7 rejects Russia's demand to pay for gas in rubles

In our situation, it's hardly possible and feasible to engage in charity for Europe, Peskov said

Industry groups want G7 nations to align with climate ambitions: Report

A joint statement by B7 members to the G7 was presented by the German Federation of Industry (BDI) on the opening day of a three-day meeting of G7 environment, climate and energy ministers in Berlin

German transport minister opposes EU ban on vehicles with combustion engine

The plan, which still needs to be approved by EU member states, would significantly boost electric vehicles because lawmakers refused to exempt cars powered with synthetic fuels from the ban.

German panel recommends prioritised vaccination after exposure to monkeypox

Germany's independent vaccine advisory panel is recommending that shots against monkeypox be prioritised for people recently exposed to the virus that causes the disease. The panel, known by its German acronym STIKO, circulated a draft recommendation Thursday in which it said that due to limited supply, the smallpox vaccine Imvanex should be made available first to people who were exposed to the virus in the previous 14 days. Two shots should be given at least 28 days apart to people not previously vaccinated against smallpox, while a single dose is enough for those who had received a smallpox shot before, the advisory panel said. Monkeypox is a rare disease, related to the same virus family as smallpox. The panel said that people at heightened risk of contracting monkeypox should be given second priority for the vaccine. This includes men who have sex with changing male partners; all of the more than 130 monkeypox cases in Germany so far have involved individuals in that group. St

No apologies: Ex-German chancellor Merkel defends approach to Ukraine

Angela Merkel defended her approach to Ukraine and Russia during her 16 years as Germany's leader, saying that a much criticised 2015 peace deal for eastern Ukraine bought Kyiv precious time