1. If you haven't paid attention....lot of war stuff going on in the Kherson area of the Ukraine. On the map (southern region, not far from the coast)....the Dnieper River must be crossed, to be in the Kherson area. Presently, 25,000 Russian troops are on the north side of the river...in the Kherson region.
There's just two bridges to give access for logistical efforts....from the Russia-friendly area south of Kherson.
Well....the Ukrainians have done some damage on the two bridges, and made them worthless.
Russians? Using a ferry and some efforts to have a floating bridge.
If the ferry and floater-bridge get whacked? There's serious trouble, and the evacuation route is about 80 miles to the NE.
Could be the most risky period of the war so far....with tremendous losses for the Russian possible.
2. Remember the story I told from a couple of days ago....the SPD Party guy caught with 200,000 Euro in a locker, and no explanation where the 'loot' came from? German authorities are still investigating this and it's not looking that well.
Focus wrote up a piece today (Sunday), over this investigation possibly leading to other details, which could bring about the downfall/scandal for Chancellor Scholz.
If this were only a 1-person event? Nothing changes. If other individuals from the party get dragged into this? Things would be difficult to explain for the party leadership.
3. There's a draft law being discussed....where a German could contribute to his retirement pension insurance....having the tax deducted. Yeah....built like an American IRA. Likely passage? Before the end of 2022, and affecting 2023.
4. Lot of chatter going on about creating a new tax.....on 'too-much-profit' for companies. SPD and Greens pushing....FDP not in agreement.
Here's the thing, three-quarters of German society believe in some type of 'too-much-profit' tax.
If this were passed? Then dividends to stock-holders would be affected, and you'd see a fair number of retirees who get checks each year....disgruntled over the lesser amount.
My only questions....who makes the decision on how much profit is too much, and what science or facts are driving the end-result. I'd also ask....if you aren't making the same level of profit with the product....why would you (as a company) remain in Germany? I could see a quarter of all German companies examining their production location, and if moving to a 'friendly-profit' country would help them in some way.
I should add this footnote: most companies who find themselves in a lesser-profit-situation because of more taxation.....will increase the cost of their products/services to the consumer, which is really helpful in a period of recession. People get more thrilled of increasing cost, and VAT taxes help to inflate the cost even more. By thrilled....I mean the negative use of the word.
5. Just less than 60-percent of long-distance Bahn trains.....arrived on schedule for the month of July. Not that much of a shocker, but it's one of those top ten reasons why Germans are less than thrilled about the use of trains in travel opportunities.
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