German retail sales fell off significantly in 2023

Retail sales in Germany declined by an adjusted 3.1% last year compared with 2022, according to an initial estimate from the Federal Statistical Office (Destatis) published on Friday. Without adjustment for inflation, the decline came in at 2.4%. The d…

US runs of out money to help Ukraine

White House representative of the National Security Council John Kirby says that the US has run out of money for new military aid to send to Ukraine and won’t get more unless Congress approves the draft$61bn package . Kirby said that there are no avail…

German eyewear pioneer Günther Fielmann dies at 84

Günther Fielmann, the businessman who changed the face of the German eyewear trade, has died at the age of 84, the Fielmann Group announced on Friday. Fielmann died in his sleep in the presence of family at his home in Lütjensee in the north-western st…