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#germany

507 posts270 participants44 posts today

The European Union plans to allocate €200 billion for investments in European artificial intelligence.

The EU announced that new artificial intelligence factories will be established in Austria, Bulgaria, France, Germany, Poland, and Slovenia, supported by a total of approximately €485 million in national and EU investments.

U.S. tariffs could plunge Germany into recession! Joachim Nagel, President of the German central bank, warns that ongoing tariffs may exacerbate issues in an economy already hit hard by the pandemic and energy crisis. Germany's export-reliant economy faces disruptions in key sectors. Additionally, fiscal policy reforms are being debated as defense spending becomes a critical issue amid EU uncertainties. Discover the potential consequences in the full article. [Source](cnbc.com/2025/03/13/us-tariffs) #Germany #Economy #TradeWar #Tariffs #Recession

CNBCU.S. tariffs could thrust Germany into recession, central bank governor saysOngoing U.S. tariffs could push Europe's largest economy into a recession, German central bank President Joachim Nagel warned.

JUPITER: New supercomputer module for European AI factory

The EuroHPC JU (European High-Performance Computing Joint Undertaking) plans to put six new AI factories into operation next year; one of them at Forschungszentrum Jülich.

The ExaFlops supercomputer JUPITER is getting a third computing module for this purpose.

mediafaro.org/article/20250313

A lightning bolt. | Image: Forschungszentrum Jülich
Heise Online · JUPITER: New supercomputer module for European AI factoryBy Susanne Nolte
Karlsruhe Castle at night - before the renovations

Since I took this image in 2010, the castle grounds have been renovated and the fountain no longer exists. All of the landscaping in front of the castle has been changed. This was taken at 10 pm and just after I took the shots, the fountain was turned off for the last time and all of the lights went out.
#Karlsruhe #Germany #Schloss #castle #NightPhotography #WaterWednesday #Fountain #StevenkPosts

Today in Labor History March 13, 1848: The German revolutions of 1848-1849 began in Vienna. While the middle classes were fighting for a unified German state and increased civil liberties, the working class had more revolutionary aspirations. Participants in the revolution included communist and anarchist revolutionaries like Marx, Engels and Bakunin, as well as the composer Wagner. The aristocracy exploited the split between the classes, facilitating their eventual violent defeat, with great loss of life and mass imprisonment. Many fled to the U.S. and became known as “forty-eighters.” They moved to places like Cincinnati’s Ober der Rhine neighborhood, or Saint Louis. After risking their lives fighting against serfdom in Europe, many were so horrified by the persistence of slavery in their new country that they dedicated themselves to the cause of abolition and free thinking, joining organizations like the Freimӓnverein (Society of Freemen) and the Wide Awakes (a radical militia that defended free blacks and fought Confederates in the streets). Some of them also became publishers, like Henry Boernstein, who had previously published “Vorwärts!” in Paris with Karl Marx, Engels, Heinrich Heine and others.

You can read more on The Wide Awakes and the Antebellum Roots of Wokeness here: michaeldunnauthor.com/2024/04/

Today in Labor History March 13, 1920: The Kapp Putsch attempted to overthrow the new German republic. While the government officials fled, workers launched a General Strike and refused to cooperate with the nationalists and royalists behind the coup attempt. The General Strike effectively ended the right-wing assault on the republic. However, it also inspired even more radical actions by the workers, including the Communist Ruhr Uprising, which lasted from March 13 through April 12. The government utilized the right-wing Freikorps to suppress the uprising, killing over 1,000 workers.

🇩🇪 GERMANY
🔴 Economic Overhaul Spurs Market Growth

🔸 Germany's €500B fiscal shift boosts Eurozone growth via infrastructure, energy & housing.
🔸 Defense budget exemption unlocks €11B/year.
🔸 Goldman Sachs identifies 12 European firms set to benefit, including Eiffage, Sika, Fraport, DHL, E.ON, RWE, Siemens Energy, Nordex, BASF, Akzo Nobel, Geberit & Vonovia.