Tag: Ifo
The clocks will be moved forward because summer time starts on Sunday, March 26
Switching to summer time and back to winter time is a uniform practice in the European Union. The clocks are changed in all Member States at the same time on the same day. Adjusting the clocks at the same time is important, for example, in international rail and air traffic. Early Sunday morning was chosen […]
The German economy will stop in 2023
“When the gross national product contracted by another 0.2 percent in the first quarter, the economy will recover during the next year. Rising real wages from the middle of the year at the latest will support the German household, says ifo’s economist. Timo Wollmershäuser. Positive factors are the considerable increase in wages in collective agreements […]
Empty shelves in the Faroe Islands due to the failure of the Dettifoss ship
The Icelandic freighter Dettifoss has broken down. The ship’s engine broke down. Kringvarpið reports that grocery store shelves in the Faroe Islands are therefore empty. Dettifoss was due to arrive in Þórsháfn on Sunday, but had to turn back when it was on its way from Aarhus over the weekend. In an interview with Kringvarpið, […]
The President of Finland in Washington DC on the fourth day of his visit to the United States
President Niinistö spent the beginning of the week on the west coast of the United States in the state of Washington and in the San Francisco Bay area of California.
Get the most beautiful wooden floors with the help of a professional floor sander
When you are faced with having to fix the wooden floors in your house or in your apartment, it is always a good idea to decide in advance whether the floors should be sanded or planed prior to the final finishing. Of course, it can be a bit difficult to decide if you don’t know […]
Tax credits for housekeeping services do not help much against tax evasion
“A total of 55 percent of the respondents say that they would request an official invoice, even if it does not entitle them to tax relief,” says Ludwig Erhard ifo, head of the Center for Social Market Economics and Institutional Economics. Sarah Necker. “If policymakers want to use tax breaks to encourage consumers to request […]
Denmark and California expand green cooperation
Commitment to the green transitionCalifornia is an excellent example of a state committed to a 100 percent clean energy future, and with its 1,350 km of coastline, California holds enormous potential for offshore wind energy. The Danish Energy Agency will help Californian authorities to optimize the regulatory framework for offshore wind, reduce the risk for […]
In Germany, 180,000 more people died during the Covid years than normally expected
In the age group over 80, the excess mortality was 640 per 100,000 people, and in the age group 60–79 92. In the two youngest age groups, the relative excess mortality was much lower, 12 and 1, respectively. “What’s surprising is that excess mortality accelerated again in 2022,” says Ragnitz. There were approximately 39,000 deaths […]
The European construction industry sees weaker growth in the future
After two great years, the outlook for European housing construction has turned much darker. Construction activity as a whole will decrease by almost 3 percent in 2023–2024, but will recover slightly in 2025. In the current year, the volume of new construction will decrease by 2 percent as a result of the economic decline caused […]
Latest developments in Ukraine: 25 May
For full coverage of the crisis in Ukraine, visit Flash point Ukraine. Recent developments in the conflict between Russia and Ukraine. All times EDT: 12:15: It reports Reuters that Russian-born tennis star Daria Saville, who plays for Australia, says she can not return to Russia because she spoke publicly against its invasion of Ukraine. In […]
Prosecutor General investigates uniformed police officer distributing semi-naked selfies
The Attorney General has launched an investigation about seven years ago into distributing police semi-naked selfies in a police uniform. A police officer working at the Police Department of South-East Finland was seen in pictures distributed around 2014-2015, wearing a police suit. Police commissioner Ari Karvonen said the department first became aware of the photographs […]
EU controversial oil embargo on Russia: ifo institute
The postponement would also reduce the incentives for EU countries to prepare for the disruption of energy supplies to Russia. “We assume that the decline in Russian oil supplies can be offset by other sources. But doing it for coal and oil at the same time, even though there is a shortage of Russian gas, […]
Justin Bieber will give a special performance at Coachella
Washington [US]April 15 (ANI): This year’s Coachella Music and Arts Festival will be extra special for all Beliebers as pop star Justin Bieber is expected to give a special appearance at the music festival. Coachella production sources told TMZ that Justin will take the stage with his colleague Daniel Caesar for their rendition of “Peaches”, […]
Economists recommend a global easing of coronary virus restrictions
“While protecting public health has been a priority in a pandemic, the financial cost of the coronavirus has been high,” says the ifon researcher. Niklas Potrafke. “The relatively mild effects of the Omicron version mean that restrictions can now be significantly eased.” Calls for the current restrictions to be relaxed were particularly common among Asian […]
Coachella replaces Kanye West with The Weeknd, Swedish House Mafia after the rapper’s exit
Washington [US]April 7 (ANI): Coachella Music and Arts Festival has replaced rapper Kanye West as headliner at next week’s event with The Weeknd and Swedish House Mafia. According to Deadline, the decision comes two days after the “Donda” rapper withdrew his name from the prestigious music festival which is planned to be held April 15-17 […]
Material shortages in Germany worsen after Ukrainian invasion: ifo Institute
“The attack on Ukraine has exacerbated the situation for many companies,” he says Klaus Wohlrabe, ifon research director. “Supply chains now have new problems in addition to the existing ones. For example, 17 percent of German industrial companies import from Russia. Very high percentages of deficiencies in key sectors of German manufacturing remained virtually unchanged, […]
The political situation in Eastern Europe is deteriorating
According to the study, the economic situation in Eastern Europe deteriorated significantly, down 10 percentage points from the previous quarter. Estimates of the political situation also fell by 9 points. “Russia’s attack on Ukraine has plunged the region into a deep economic and political crisis,” says an ifon researcher. Niklas Potrafke. In contrast, assessments of […]
Democracies invest more in health care than dictatorships: ifo Institute
This effect is also visible after the change of government within the country. “As the government shifts from dictatorship to democracy, government health care spending will increase by about 15-20 percent. On the contrary, health care costs are falling significantly, ”says Dorn. The change in public health spending will become apparent shortly after the change […]
Danish supermarket chain wants a new age limit for the sale of alcohol
Sweet 16 for young Coop wants to raise the national age limit for buying alcohol to 18 years. “The road to a changed alcohol culture among our young people requires efforts from all sides of society. In the retail trade, we can contribute by not selling alcohol to young people. ” said Coop’s executive vice […]
Violence by football fans in Germany costs € 44 million a year
The Ifo Institute estimates that the number of simple football-related assaults in the 4.5 years under review is 38,268. The increase in violence is especially great on “Derby” days – when local rival teams play against each other – and on Fridays, Saturdays and Sundays. “The victims are mostly young men between the ages of […]
The Finnish police are ending the readiness, says the security threat has eased
“However, the police will continue to actively monitor the situation and, as a security organization, the police are constantly ready to respond to even sudden security threats,” it is reported. reads. The police government did not say further about the nature of the threat or the preparedness measures, as the information is confidential or secret […]
European construction beyond pre-crisis levels: the ifo institute
At the same time, construction services became more expensive in many places in 2021: in eight countries, construction prices rose by at least 5 per cent from the previous year. In Hungary and Italy, the percentage was in fact in double digits. In Germany, prices rose 9.1 percent. In only five countries did price increases […]
The coronavirus mainly kills people over the age of 80 in Germany
“By the end of 2021, after the outbreak of the pandemic, 96,200 more people had died than would normally have been expected. This means that the number of additional deaths due to the pandemic is lower than previous estimates suggest, says Joachim Ragnitz from the Dresden branch office of the ifo institute. Again, in the […]
Most Germans are in favor of postponing tuition fees
62.4 per cent of Germans are in favor of deferring tuition fees and only 26.3 per cent oppose them. With regard to regular tuition fees, 45.1 per cent oppose them and 44.0 per cent support them. These preferences are supported by people’s views on justice. Only a third of respondents believe that people from poorer […]
Kanye West, Billie Eilish, Harry Styles to headline Coachella 2022
Washington [US], January 13 (ANI): After two years of cancellations due to the ongoing covid-19 pandemic, the Coachella Music Festival has set its sights on April 2022 and has locked in its headlines for the event: Harry Styles, Kanye West and Billie Eilish. According to People magazine, Styles, Eilish and West were confirmed as headliners […]
Kanye West, Billie Eilish to headline 2022 Coachella Festival
Washington [US], January 6 (ANI): American musicians Billie Eilish and Kanye West will lead the 2022 Coachella Festival on Saturday and Sunday nights, respectively, sources revealed. According to Variety, Swedish House Mafia is also in the mix, although it is unclear whether the group is the festival’s third headliner. West led the festival in 2011 […]
* NEW * Russia’s lightning invasion of the Crimean peninsula
It is the end of February 2014 when soldiers in olive green uniforms storm the Crimean peninsula’s regional parliament. A few days earlier, a protest movement in the Ukrainian capital Kiev has led to a change of power in the country. A pro-Russian president has been ousted and the new government wants to approach the […]