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The Latest Breaking News from Olaf Scholz

Germany to unveil sombre 2024 economic forecast amid 'perfect storm'

German Chancellor Olaf Scholz's government is publishing its economic report for 2024 this Wednesday in Berlin, and media reports are already saying its previous forecast of 1.3 percent growth will be downgraded to 0.2 percent. In this edition of Business Daily, we look at some of the factors that are…

France 24

German Economy Buffeted By 'Perfect Storm'

Weaker exports, costly energy and a stuttering green transition have combined to form a "perfect storm" for the German economy, leaving Chancellor Olaf Scholz's coalition bickering over how to change course.

International Business Times

Middle East crisis: Nasser hospital in Gaza ‘not functional’, says WHO chief; US likely to veto UN vote calling for ceasefire – as it happened

Hospital in Khan Younis no longer functional due to Israeli forces’ ‘week-long siege’; US ambassador to UN says text could jeopardise negotiations

The Guardian - AU

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Return of hostages is top priority, Israeli president tells Munich conference – as it happened

Isaac Herzog confirms meeting with Qatar PM but calls ceasefire negotiations ‘complicated’

The Guardian - UK

‘Let us be clear, Russia is responsible’: world leaders react to Navalny’s death

Kamala Harris, Emmanuel Macron and Olaf Scholz were among those condemning Putin’s regime after his opponent’s death

The Guardian - UK

‘Brutally murdered’: World reacts to Alexey Navalny’s death in prison

Leaders say Putin critic ‘paid for his courage with his life’ and that they hold Russia responsible for his death.

Al Jazeera

Scholz and Zelenskiy sign security agreement in Berlin

Germany and Ukraine sign a security agreement to enhance cooperation in defense, intelligence sharing, and joint military exercises. The agreement highligh...

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Zelensky Signs 'Historic' Security Pact With Germany

Ukraine's President Volodymyr Zelensky signed a security deal with Germany on Friday in Berlin, hailed by Chancellor Olaf Scholz as a "historic step" amid Kyiv's raging battles against Russia.

International Business Times

Trump Threats Spark New Nuclear Arms Debate In Germany

Two years after its about-turn on defence policy in response to the Russian invasion of Ukraine, Germany is starting to rethink another national taboo: nuclear weapons.

International Business Times

Microsoft to Invest .5 Billion in Germany for Cloud Computing Expansion

German Chancellor Olaf Scholz welcomes Microsoft's 3.3 billion euros investment in Germany to expand data center capacities for AI and cloud computing appl...

Top News

NATO To Showcase Spending Rise In Riposte To Trump

NATO chief Jens Stoltenberg will on Wednesday detail increased defence spending by members of the alliance, rattled after Donald Trump threatened to encourage Russia to attack countries paying too little.

International Business Times

European leaders call for stronger defence ties after Trump’s Nato remarks

Polish PM Donald Tusk says ‘all for one, and one for all’ in thinly veiled riposte to Republican frontrunner

The Guardian - UK

Ukraine Allies France, Poland, Germany To Tighten Ties

Polish Prime Minister Donald Tusk on Monday discussed ramping up security cooperation in Europe with the leaders of Germany and France, as fears grow that Donald Trump's possible return to the White House might threaten Western solidarity against Russia's invasion of Ukraine.

International Business Times

Germany's US Partnership Set to Continue Regardless of Presidential Change

German finance minister assures that the partnership between Germany and the US will remain strong regardless of the president, emphasizing the enduring re...

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Germany's Scholz Commits to NATO's 2% Spending Target

Germany's Finance Minister, Olaf Scholz, vows to meet the 2% NATO spending target, showing the country's commitment to addressing the Ukraine crisis.

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Germany's Carnival Floats Satirize Global Political Figures and Issues

Germany's Carnival parades feature floats satirizing current political issues, including Ukrainian and Russian presidents, German politicians, and Donald T...

International Business Times

Biden Says Congress Ignoring Ukraine Is 'Close To Criminal Neglect' As He Meets Germany's Scholz

President Joe Biden and German Chancellor Olaf Scholz had a bilateral meeting Friday to discuss the wars in Ukraine and the Middle East.

The Guardian - AU

Russia-Ukraine war at a glance: what we know on day 717

Russian strike kills three in Sumy village as petrol station attack sparks blaze in Kharkiv; western officials deride Tucker Carlson interview with Vladimir Putin

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International Business Times

Scholz, Biden To Hold Ukraine Aid Talks Amid Senate Impasse

German Chancellor Olaf Scholz urged the US Congress to approve a long-delayed, multi-billion-dollar aid package for Ukraine's military ahead of a White House meeting with President Joe Biden on Friday.

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German Chancellor Urges US to Support Ukraine Amid Funding Impasse

President Joe Biden welcomes German Chancellor Olaf Scholz to discuss the impasse in Congress blocking aid to Ukraine. They will also discuss the Israel-Ha...

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Germany's Scholz to bolster Ukraine and NATO ties on US visit

German Finance Minister, Olaf Scholz, plans to visit the US to strengthen support for Ukraine and NATO, aiming to foster cooperation and address security c...

International Business Times

Biden To Receive Scholz Amid Ukraine Aid Impasse

German Chancellor Olaf Scholz will try to build on the momentum from Europe's success in agreeing new aid for war-torn Ukraine when he heads to Washington this week, where President Joe Biden is struggling to overcome opposition to a US package.

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Scholz Dismisses New Corporate Tax Relief Ideas in Germany

Germany's Finance Minister, Olaf Scholz, has rejected proposals for further corporate tax relief, dismissing the idea as unnecessary for the country's economy.

Al Jazeera

German upper house approves bill easing citizenship rules

Lawmakers in the upper house of parliament passed the legislation that will simplify the process of naturalisation.

International Business Times

German MPs Approve Controversial 2024 Budget

Germany's parliament on Friday approved a revised 2024 budget that will reinstate strict debt limits after a shock legal ruling forced Chancellor Olaf Scholz to redraw his spending plans.

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