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"We Have to Recognize How Quickly Things Can Change" - Jürgen Ritter / IMAGO

Head of the Eurogroup "We Have to Recognize How Quickly Things Can Change"

It has been a bad couple of weeks for banks in the U.S. and Europe. In an interview, Eurogroup head Paschal Donohoe discusses the possible dangers facing the euro area and why he remains confident. Interview Conducted by David Böcking

Silicon Valley Brings Disruption to Global Finance - Robert Schmiegelt / Future Image / IMAGO

SVB's European Shockwaves Silicon Valley Brings Disruption to Global Finance

Rising interest rates have plunged the financial markets into turbulence. Regional banks in the U.S. are facing bank runs while in Europe, Credit Suisse is on the brink. Is a new global financial crisis coming? By Tim Bartz und Michael Brächer

A German Auto Parts Supplier Raises Eyebrows - Mikhail Metzel / ITAR-TASS / IMAGO

Support for Russia's War Economy? A German Auto Parts Supplier Raises Eyebrows

German auto parts supplier Schaeffler is selling its factory in Russia. But a letter to the Russian president and a questionable loan are raising questions about the role of a Russian oligarch in the deal – and whether the plant could supply parts to Putin's war machine in the future. By Rafael Buschmann, Nicola Naber und Sara Wess

"The Fight against Inflation May Take Somewhat Longer" - Laurent Gillieron/ dpa

Deputy Head of the International Monetary Fund "The Fight against Inflation May Take Somewhat Longer"

Whether it is Europe's inflation struggle, China's real estate crisis or global protectionism, Gita Gopinath is skeptical about the immediate future. In an interview, though, the deputy head of the IMF also sees small glimmers of hope. Interview Conducted By Tim Bartz und David Böcking

Musk Destroys Tesla Image in Germany - Bob Daemmrich / ZUMA Wire / IMAGO

DER SPIEGEL Survey Musk Destroys Tesla Image in Germany

Germans have a disastrous view of Tesla, with company founder Elon Musk's behavior hardly helping. Whether from a likeability or quality perspective, the Tesla brand is far behind its German competitors. By Arvid Haitsch

Significant Trans-Atlantic Divides Emerge in Global Chip War - Saul Loeb / AFP

Friends or Frenemies? Significant Trans-Atlantic Divides Emerge in Global Chip War

U.S. President Joe Biden has adopted a heavy-handed approach to China and hopes to cut Beijing off from modern chip technologies. To do so, he will need European support. Will he get it? By Martin Hesse, Michael Sauga und Marcel Rosenbach

German Companies Ignore Major Risks in China - HECTOR RETAMAL / AFP

Business As Usual German Companies Ignore Major Risks in China

Critics like Economy Minister Robert Habeck are warning Germany's industrial giants from becoming too dependent on Beijing. But it seems many haven't the learned the lesson from Russia of the perils of doing business with autocratic countries.

"World War III Has Already Effectively Begun" - Emmy Park / The Mega Agency

Star Economist Nouriel Roubini on the Global Crises "World War III Has Already Effectively Begun"

Global warming, war and inflation: The world seems to be in a perpetual state of crisis at the moment. In an interview, crash prophet Nouriel Roubini identifies 10 "megathreats" we are facing and how he is dealing with them. Interview Conducted By Tim Bartz und David Böcking

A Grave Threat to Industry in Germany - Sean Gallup / Getty Images

Growing Energy Crisis A Grave Threat to Industry in Germany

The German economy has long been rooted in the country's industrial prowess. But with energy prices skyrocketing, many companies face a murky future. Some have begun considering relocation, highlighting a possible long-term threat to the country's business model.

How Bad Will the German Recession Be? - Paul Langrock / laif

Energy Crisis Fallout How Bad Will the German Recession Be?

The first German companies have begun throwing in the towel and consumption is collapsing in response to the fallout from exploding energy prices. The economy is sliding almost uncontrolled into a crisis that could permanently weaken the country.

"The Coming Winter Could Be One of the Worst in History" - Karl Hendon / Getty Images

European Commissioner Gentiloni "The Coming Winter Could Be One of the Worst in History"

European Economy Commissioner Paolo Gentiloni is warning of an economic downturn in the coming months. In some countries, energy rationing may become necessary and new aid packages may ultimately be unavoidable. Interview Conducted by Markus Becker und Michael Sauga

What the Natural Gas Shortage Means for Germany - HANNIBAL HANSCHKE / REUTERS

A Winter of Privation? What the Natural Gas Shortage Means for Germany

Gazprom is no longer delivering natural gas to Germany through the Nord Stream 1 pipeline. What does that mean for the coming winter? We have answers to the most pressing questions. By Claus Hecking, Benedikt Müller-Arnold und Gerald Traufetter

"The Virus Continues to Mutate at a High Speed" - Ramon Haindl / DER SPIEGEL

Interview with BioNTech Founder Uğur Şahin "The Virus Continues to Mutate at a High Speed"

We were fortunate that Omicron turned out to be as mild as it has been, says BioNTech co-founder Uğur Şahin. In an interview, he says he expects that his company's adapted vaccine will be available in September, just in time for the first Oktoberfest to take place in Germany since the pandemic. Interview Conducted by Thomas Schulz

Where Will Germany Get Its Energy in the Future? - Youcef Krache / DER SPIEGEL

A Global Shopping Tour Where Will Germany Get Its Energy in the Future?

Germany must not only free itself from Russian gas, but from fossil fuels altogether. Where will those future energies come from?

The Anatomy of Germany's Reliance on Russian Natural Gas - Nigel Buchanan / DER SPIEGEL

Decades of Addiction The Anatomy of Germany's Reliance on Russian Natural Gas

The Americans warned Germany, as did the Eastern Europeans. But Germany just continued buying more and more natural gas from Russia. The addiction stretches back several decades, and it is full of misjudgments and errors.

The Natural Gas Continues to Flow - Bloomberg / Getty Images

Ongoing Dependence on Russian Energy The Natural Gas Continues to Flow

The EU promised to quickly wean itself off of Russian natural gas. But the European Commission in Brussels is far behind its stated goals – with potentially serious consequences for this winter. By Claus Hecking, Isabell Hülsen, Michael Sauga und Gerald Traufetter

German Industry Prepares for Worst-Case Scenario - Illustration: Nigel Buchanan / DER SPIEGEL

What if the Gas Is Cut Off? German Industry Prepares for Worst-Case Scenario

German industry and the government in Berlin are ill-prepared for a possible halt in supplies of natural gas from Russia. A new emergency plan is being developed to prevent an economic meltdown if deliveries cease.

"The West Will Decide on Putin's Bankruptcy" - Maksim Blinov / SNA / IMAGO

Economist Jim O'Neill on Russia "The West Will Decide on Putin's Bankruptcy"

Jim O'Neill once coined the term BRIC to refer to the rapidly growing economies of Brazil, Russia, India and China. In an interview, he discusses why the Russia of Vladimir Putin has failed to live up to expectations. Interview Conducted by Peter Littger

Germany's Alternatives to Putin's Gas - Wojciech Wrzesien / Shutterstock

LNG Imports and Nuclear Power Germany's Alternatives to Putin's Gas

The German government is currently bracing itself for a period without Russian energy supplies. All ideas are on the table, even extending the lifespans of nuclear power plants that are slated to close this year. Will energy security now trump climate protection?

How the Electric Carmaker Cut a Corner in Models for China and Germany - Chukrut Budrul / SOPA Images / LightRocket / Getty Images

Tesla’s Chip Trick How the Electric Carmaker Cut a Corner in Models for China and Germany

Electric car pioneer Tesla is booming despite the global chip crisis. But company chat transcripts show that Elon Musk's company simply left out components – and apparently didn't inform buyers that it had done so. By Alexander Demling und Simon Hage

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