#BMW stops production of 10,000 cars because of chip shortage

#BMW stops production of 10,000 cars because of chip shortage

“#BMW stops production of 10,000 cars because of chip shortage” BMW said on Tuesday nearly all its German plants were affected by an ongoing shortage of semiconductors that are currently preventing the luxury carmaker from completing around 10,000 cars. The Munich-based company earlier this month said that the bottleneck, which has affected carmakers around the…

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#They didn’t warn Germany and other commentary

#They didn’t warn Germany and other commentary

“#They didn’t warn Germany and other commentary” Climate beat: No, They Didn’t Warn Germany With everyone from Greta Thunberg to Angela Merkel blaming Germany’s recent floods on climate change, Ross Clark at Spectator World points out that “far from predicting more summer rainfall in the German Rhineland, climate models have tended to do the opposite:…

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#Death toll from devastating floods in Europe tops 100

#Death toll from devastating floods in Europe tops 100

“#Death toll from devastating floods in Europe tops 100” The death toll from devastating floods across parts of western Europe soared to at least 108 on Friday — most in western Germany, where emergency responders were frantically searching for about 1,300 people, officials said. Authorities said efforts to contact the missing people could be hampered…

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# 21Shares partners with German brokerage to offer crypto ETPs for savings accounts

# 21Shares partners with German brokerage to offer crypto ETPs for savings accounts

“# 21Shares partners with German brokerage to offer crypto ETPs for savings accounts ” Investment product issuer 21Shares has joined forces with comdirect, a leading online brokerage in Germany, to bring its cryptocurrency exchange-traded products, or ETPs, to savings accounts.  The partnership means that comdirect’s nearly 3 million customers will be able to integrate physically-backed…

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#EU fines German car makers B over emission collusion

#EU fines German car makers $1B over emission collusion

“#EU fines German car makers $1B over emission collusion” BRUSSELS — The European Union handed down $1 billion in fines to major German car manufacturers Thursday, saying they colluded to limit the development and rollout of car emission-control systems. Daimler, BMW and Volkswagen along with its Audi and Porsche divisions avoided competing on technology to…

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#Air taxi startup Volocopter gains key production certification

#Air taxi startup Volocopter gains key production certification

“#Air taxi startup Volocopter gains key production certification” Enlarge Image A prototype of an electrical air-taxi drone by German start-up Volocopter that takes off and lands vertically performs a non-passenger flight over Le Bourget airport, near Paris, France, June 21, 2021. REUTERS BERLIN – German flying taxi startup Volocopter said on Tuesday it was acquiring long-time partner DG Flugzeugbau,…

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#German sex workers dealt a serious blow by COVID-19 pandemic

#German sex workers dealt a serious blow by COVID-19 pandemic

“#German sex workers dealt a serious blow by COVID-19 pandemic” BERLIN (AP) — The number of people registered as sex workers with German authorities declined sharply last year as coronavirus restrictions shut brothels for months, official data showed Thursday. Legislation in 2002 legalized and regulated prostitution in Germany, giving sex workers social benefits, and they…

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# Binance faces regulatory upheaval as lawmakers target ‘global’ exchanges

# Binance faces regulatory upheaval as lawmakers target ‘global’ exchanges

“# Binance faces regulatory upheaval as lawmakers target ‘global’ exchanges ” The world’s largest cryptocurrency trading platform, Binance, has faced regulatory upheaval over the past week as jurisdictions clamped down on the use of unauthorized exchanges and warned citizens against accessing them. For Binance, adopting the moniker of “global exchange” has done very little to…

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