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Another rough day for stocks europe ends in the red the dow tumbles a thousand points of the u. S. Markets fall over three percent whats behind the new downward trend well get the view from wall street also coming up germany has just reported bumper trade figures but thats unpalatable makers they just cant keep up and turning off ukraines tap the country will miss out on vital natural gas in combat as the north stream two pipeline between russia and germany gets the go ahead. Im done your winter in berlin this is your Business Update volatility has plagued the markets all week following a broad sell off on Monday European shares closed in negative territory and thursdays session ending a short lived rebound germanys dax was the worst affected in europe closing down two point six percent in new york the dow finished over
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B. Apartments as these officials in the local authority know only too well meaning homeowners and tenants need a permit to rent out their apartments for more than eight weeks a year. The investigators suspect a tenant here of illegally renting out properties all year round. Suddenly from going up front as if sentiment is it started in twenty seventeen with this apartment he was a kind of big player if you rented lots of flats and then something that and then well be in be. On the biggest for me to. The investigators pay a visit to the apartment and speak to vacationers to gather evidence their landlord will receive a hefty fine potentially up to Five Hundred Thousand euros. From it all you can rent the place per day four hundred to Two Hundred Fifty Euros or if you do the math on the monthly rent is covered up to just ten days of. Finance yet
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A handful of European companies are gearing up to comply with Moscow's demands that they pay for Russian gas in rubles. Guntram Wolff, president of the Bruegel Institute, says that's a sign that cracks are appearing in a united EU front. ....
German economy to grow less than expected Germany s Council of Economic Experts has cut its 2021 growth forecast from 3.7% down to 3.1%. Council member Monika Schnitzer told DW the German recovery is still intact despite economic conditions remaining difficult. Watch video 03:27 ....
Well savings day courage the virtues of the savings and thrift for households putting your money in the bank is it to say. this is d w business welcome the u.s. federal reserve has cut interest rates for the 3rd time this year the central bank float the benchmark rate by a quarter of a percent a range between 1.5 and 1.75 percent for you chaplain jerome powell has been under pressure from president trump to cut rates to 0 or even low up the fed told investors it would pause to reassess the economy before making further cuts. in his press conference after the announcement pollitz flame the thinking behind the decision it s. we do not. ....