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German industry warns against Russian gas embargo

An embargo on Russian gas would hurt Europe and its industries, Christian Kullmann, the head of the Chemical Industry Association and CEO of Evonik Industries AG, Germany’s second largest chemical company, said on Saturday. “The industry is deprived of the air that it needs for breathing, or rather, the gas …

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German industry reels from anti-Russian sanctions

German industrial production dropped more than expected in March, data released on Friday by the country’s statistics office shows. According to Destatis, Covid-related supply chain issues have been exacerbated by the conflict in Ukraine. Production slid by 3.9% last month following a 0.1% increase in February, far outstripping expectations of …

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German industry would collapse without Russian gas – association

The backbone of the German economy – its industry – could “collapse” should Berlin decide to impose an embargo on Russian gas, the president of the country’s industry association has warned. Appearing on the Maybrit Illner political talk show on Thursday, Siegfried Russwurm, the president of the Federation of German Industries (BDI), …

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Ukraine reveals how badly its defense industry is destroyed

Russian forces have almost completely destroyed the Ukrainian defense industry and are “finishing off” the civilian one, an adviser to Ukrainian President Volodymyr Zelensky, Alexey Arestovich, said. Commenting on the most recent round of the negotiations between Kiev and Moscow, which took place on Tuesday in Istanbul, Arestovich underlined that …

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The fashion industry is a perfect reflection of our vapid, valueless and globalised society that treats everything as disposable

This industrial juggernaut has grown powerful enough to influence demand itself, as we see our formerly organically evolving fashion trends are now managed to fit a new and wasteful value-system. Values which prioritize instant gratification and short-term affordability. This manufactured priority swap, while ensuring great profits for the middle-man, is …

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