Tuesday, November 26, 2024

26 November 2024: Eight German News Stories

 1.  General Secretary of the SPD Party did a interview, and hinted that the party (Scholz's party)....currently at 16-percent....has some back-story where they think in nine weeks....they can reach 47-percent of the voting public.

BS story.  Most I might give them....up around 20-percent max....taking votes from BSW mostly.  

Later in the day....top level of the SPD all met up....with Scholz, and they gave their final support on the campaign agenda.

2.  Economic experts say huge wave of bankruptcy papers coming.....will be most in ten years for 2024. 

3.  Ukraine military report says 500 North Korean soldiers and one Russian General killed over the weekend from a Ukraine missile attack.  No real substance to base this upon.

4. Varta (they make batteries)....looking for investor-help.

5.  Dieter Bohlen (pop-singer-mogul) has offered assistance to the Chancellor on cutting the budget.  Zero potential for the offer.  

As much as US chatter talks about gov't budgets being cut in 2025....this topic hasn't yet risen in Germany.   

6.  Focus report.....on unemployment.  They point  out 2.8-million Germans are listed as unemployed for last month.  HOWEVER, they also point out....that number does not include 3.5 million who are listed as 'under-employed' (meaning they are in a job-training status, medically unable to work, etc).  

Then they have around 440,000 who are listed as 'refugees seeking work' (meaning they'd like to work but haven't accomplished that yet).

Then you have around 1.7-million who get social-money (long-term unemployed).

In the end....they note that 46-million residents of Germany work in some fashion.

7.  New poll accomplished yesterday.

Both CDU-CSU and AfD....up half  a point (32.5 and 19.5).

SPD slid down a point (15-percent).  Greens still at 11-percent.  

FDP lodged at 4.5-percent (they need 5-percent to get seats in the Bundestag).

8.  Thyssenkrupp steel division says they plan to cut 11-thousands jobs. Major chaos in the industry at present. 

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