1. Odd story....the Havel-Therme (Potsdam-Mittelmark area) is a upper-class spa center. They've had some 'bad-boy' behavior the past couple of months.....“groups of men....alcohol”....so they are imposing stringent entry rules. Yeah, in effect....rules established and enforced.
2. Interesting WELT piece this AM.....talking of various areas of Germany where the electrical grid is maxed-out. The solution? Well....literally hundreds of millions of Euro to upgrade.
While on the topic....Germany's electricity prices remain among the highest in Europe....with household rates averaging around 38-40 euro cents per kWh in the past year or two. Blame? Combination of policy decisions, infrastructure needs, and market dynamics.
Several structural factors contribute to this, including the country's ambitious energy transition (Energiewende), which emphasizes renewables while phasing out nuclear and coal power.
If you built a index of German companies which rely upon electricity in the production of their products/services....listing a thousand...I'd mark off the top 30-percent as likely moving their service/production outside of Germany within 10 years....to be competitive.
3. Over the weekend, Foreign Minister Wadephul and Finance Minister Klingbeil happened to meet....in Iceland. Oddly, both were on a visit-Washington trip...on separate planes.
This got in the news....because of 'tighten-the-belts chatter' that the Merz team has put upon the cabinet.
4. Just odd...no polling in past 4 months in Saxony-Anhalt (the state). State election in September.
Last poll....Sep 2025....had AfD at 40-percent. Some belief that AfD has progressed to around 45-percent since then. No factual evidence to support this though.
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