Crazy high energy costs, crippling taxation, ever-growing red tape, ineffective government…

In Germany.

What’s not to like? This isn’t rocket science for businesses here. For businesses that are still here, I should say.

Germany’s biggest sports retailer considers moving production to China – Intersport eyes spare Chinese manufacturing capacity as Nike and Adidas back away from the country amid trade war.

One of the world’s largest sporting goods retailers is considering shifting production to China, just as brands including Nike and Adidas move production out of the country in response to US tariffs.

“Flying eye” lasered

“Without reason or prior contact.”

Germany summons Chinese envoy over laser-targeting of surveillance plane – Berlin says incident risked lives of military personnel protecting Red Sea shipping.

A German defence ministry spokesperson said the aircraft involved in the incident earlier this month was a multi-sensor platform plane. Known as a “flying eye” for its wide-range surveillance capabilities over the sea, it is piloted by civilians with military personnel on board…

It was not the first time the Chinese military has been accused of using lasers against western forces, a move that can temporarily blind pilots and affect aircraft electronics systems.

“Donald is right”

On China.

“On this point, Donald is right — there is a serious problem,” EU Commission President Ursula von der Leyen said, as she slammed Beijing for disrupting global trade with subsidies to boost its own companies – accusing the CCP of “weaponizing” its leading position in the production and refinement of raw materials used for cars, batteries and wind turbines.

She then encouraged Trump to join forces with US allies to address China’s trade imbalances, rather than punishing them with his own tariff scheme.

“When we focus our attention on tariffs between partners, it diverts our energy from the real challenge — one that threatens us all.”

German of the day: Erholung

That means rally.

Dow surges 2,300 points for biggest rally in 5 years after Trump pauses some tariffs – Stocks surged Wednesday after President Donald Trump announced a pause in some of the ‘reciprocal’ tariffs, causing a market that’s been under extreme pressure for the last week to explode higher.

The S&P 500 skyrocketed 7.6%, on pace for its biggest one-day gain in five years. The Dow Jones Industrial Average advanced 2,423 points, or 6.4%, also its biggest gain since 2020. The Nasdaq Composite jumped 9.8%.

A bat virus?

No, not from her.

Report: In 2020, German Government Concluded Lab Leak Odds Were 80 to 95 Percent – According to research by ZEIT and the Süddeutsche Zeitung , the German foreign intelligence service is said to have initiated investigations into the origin of the coronavirus as early as 2020. Until now, an animal market in Wuhan had been suspected as the trigger for the global pandemic.

However, the BND’s investigations led to a different conclusion. According to the BND, the virus originated in a Chinese laboratory with a probability of “80 to 95 percent.” In addition to a series of animal experiments, research was also conducted there on the effects of coronaviruses on the human brain. At that time, an “unusually large amount of knowledge about the supposedly novel virus” was already available, according to the research. The result of the investigation, which has not yet been conclusively proven, therefore also raises questions about the responsibility of the Chinese government in the coronavirus pandemic.

Germany warning China again

And they better listen up this time. Or Else.

No, not Annalena. Else. Next time somebody called Else will warn them.

Germany’s Baerbock warns China over Russia support – Germany’s Annalena Baerbock made her second visit to Beijing since taking office. In addition to discussing Russia’s war in Ukraine, Baerbock urged China to “engage constructively” over EV tariffs.

The hostage collection process has begun!

You’ve got to have chips to play sabotage poker.

Russia arrests German citizen on sabotage charges – The Russian Federal Security Service said a German man was involved in organizing an explosion in Kaliningrad and had returned to Russia “to organize acts of sabotage…”

Russian authorities have repeatedly arrested foreign citizens on hotly disputed charges, including in several incidents that Western governments have denounced as false or trumped-up cases.

Huge funeral attendance

At Germany’s automobile industry burial.

Volkswagen AG workers in Germany will pause production on Monday to join rallies about the automaker’s plans for unprecedented factory closures in the country.

Labor leaders plan to inform employees at 11 German sites about the latest on negotiations with the company. The events kick off a contentious week for Europe’s biggest carmaker, which is expected to post declining sales and profit when it reports third-quarter results on Wednesday…

The automaker has had a rough few weeks since it issued its second profit warning in three months in late September. While its premium brands including Audi and Porsche have been the carmaker’s biggest source of profit in recent years, they’re now struggling. Porsche AG on Friday said it’s weighing cost cuts and reviewing its model lineup after a demand slump in China hit its profits.

What? Even more security?

Germany is already more secure than Fort Knox when it comes to espionage as it is.

Although it’s more like the Fort of Hard Knocks, come to think of it.

Germany to beef up security checks amid spying fears – Germany’s government has said the country will tighten security checks for staff in sensitive areas of government and business. The move comes after an increase in suspected espionage cases…

Several cases of alleged spying for Moscow have rocked Germany since Russia’s invasion of Ukraine in 2022.

In one case, a former German intelligence officer was accused of passing information to Russia that showed Berlin had access to details of Moscow’s mercenary operations in Ukraine.

Chinese espionage has also been a growing concern. In April, the most high-profile such case saw an aide to a German far-right Alternative for Germany (AfD) member of the European Parliament arrested on suspicion of spying for Beijing.

Not so quiet on the Western Front

The Chip War Western Front.

EU approves German state aid for $11 billion TSMC chip plant – Taiwan’s TSMC (2330.TW), opens new tab on Tuesday launched a major new computer chip plant in Dresden, Germany, expected to be a key supplier to European industry and carmakers after the EU Commission approved 5 billion euros ($5.5 billion) worth of state aid.

The large aid award for the project, which will cost 10 billion in all, is the biggest approved so far under the EU Chips Act, and the first in Germany.

It is also the first project in Europe under TSMC, the world’s largest contract chipmaker, and is expected to improve Europe’s resiliency if a chip shortage of the type experienced during the COVID pandemic happens again.