1. One of the more positive aspects of working in a German plant/industry....was the company-run canteen....where you gathered up for lunch and ate a fairly cheap meal.
Focus ran a piece this AM....talking about the spiral of canteens.
What they generally say....sales have dropped....maybe up to 60-percent, after Covid. People got used to the no-contact and no-friendship situation.
2. This 'Cicero' talk over the closure of nuke stations in Germany and involving the Green Party's Habeck....is going to a new level now. This Cicero editor (Graber) says now that he has even more details that he will release in the future.
Zero risk that Germany will revert back to nuke power, but for Habeck and the Green Party....high risk of this hurting their image for the national election. Most were expecting Habeck to the chancellor candidate for the Greens.
3. I sat and watched a Russian economist (he'd left the country) talk over impending problems on the economy.
Via a private foundation numbers, he says more women than ever....now employed in Russian society since the war started. Also chatter about a draft law allowing companies to hire 14-year old Russian kids for industry jobs. Then he got onto the subject of having smart capable folks around for building things, and how Russia really can't demonstrate much of a future. Worth a viewing (here).
I don't see the war ending in 2024, or for that matter 2025. But when it finally does end....I don't see a Russia with the stated population of 144-million people. I also don't see them being dominate in economic terms for at least 20 years.
4. Financial problems in data-streaming of German soccer games now existing. DFL (national control of soccer)....was supposed to release a big chunk of money down through the 1st and 2nd league. Well...instead of 127-million Euro flowing, ONLY 47-million Euro flowed. This company on the providing end....DAZN appears to have over-calculated what they thought they could generate.
Hurting soccer? I suspect a lot of the clubs were somewhat dependent on this to survive. You might expect ticket prices to bump up by one-third in the next season.
5. Both GETIR and Gorillas (the delivery of food in major urban areas) are giving up.....they couldn't sustain profit.
I think part of their problem....as Covid ended....people lessened the use of food delivery.
6. Porsche profits down by 30-percent.
7. 15-year old kid in Berlin....had taken a ride-share vehicle, and got a cop-chase underway. By the end....number of vehicles damaged by his action, and four policemen injured. Cops eventually arrested him....handing him over to his mom, and there's likely to be a court session next month for him to attend.
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