Germany’s Economy Contracts by 0.3% in 2023, Reflecting Ongoing Crisis: Federal Statistical Office

Germany’s Economy Contracts by 0.3% in 2023, Reflecting Ongoing Crisis: Federal Statistical Office

Germany’s Economy Contracts in 2023 Europe’s largest economy contracted by 0.3% year-on-year in 2023, according to the Federal Statistical Office of Germany. When adjusted for calendar purposes, the decline in economic output eases to 0.1%. Ruth Brand, president of the federal statistics office, stated that “the overall economic development in Germany stalled in 2023 in…

Joint Coalition Forces Delegation Visits Hajjah Governorate: Strengthening Ties and Assessing Ongoing Projects

Joint Coalition Forces Delegation Visits Hajjah Governorate: Strengthening Ties and Assessing Ongoing Projects

Joint Coalition Forces Delegation Visits Hajjah Governorate in Yemen A delegation from the Joint Coalition Forces to Support Legitimacy in Yemen, led by Major General Abdullah Al-Hababi, Director of Civil Military Operations, recently paid a visit to the picturesque Hajjah Governorate. The delegation was accompanied by Hajjah’s esteemed Governor, Abdul Karim Al-Sunaini. This visit aimed…

First Kuwaiti Relief Air Bridge Lands in Al-Arish: Urgent Aid for Palestinians in Gaza Strip Amid Ongoing Israeli Aggression

First Kuwaiti Relief Air Bridge Lands in Al-Arish: Urgent Aid for Palestinians in Gaza Strip Amid Ongoing Israeli Aggression

First Kuwaiti Relief Air Bridge Lands in Al-Arish The atmosphere was tense yet filled with hope as the first Kuwaiti relief air bridge aircraft touched down at Al-Arish International Airport in North Sinai today. This aircraft carried urgent humanitarian aid for the Palestinian people residing in the Gaza Strip, who have been facing the brunt…

Fave, the App for Music Superfans, Raises $2 Million in Ongoing Round from Warner Music and Sony Music

Fave: Connecting Superfans with Music Artists Fave, the app for superfans to connect with like-minded music lovers and obsess over their favorite artists, secured $2 million in an ongoing round, the company exclusively told AsumeTech. Fave previously raised $2.2 million, which AsumeTech covered in 2021. The company’s current valuation is $15 million. Connecting Music Lovers…

Why Yakuza Developers Are Being Removed From Game Credits: The Issue of Properly Crediting Video Game Creators

Why Yakuza Developers Are Being Removed From Game Credits: The Issue of Properly Crediting Video Game Creators

Developers Removed from Yakuza Game Credits Dozens of developers who worked on the Yakuza franchise have been removed from the credits of a recent release of the games. As spotted by Reddit user u/Timo653, in the credits for the Yakuza complete series on GOG, dozens of developers who worked across the games have been removed…

3 senior Twitter employees quit amid Musk-Agrawal slugfest

3 senior Twitter employees quit amid Musk-Agrawal slugfest

San Francisco, May 18 (IANS) Amid the ongoing slugfest between Tesla CEO Elon Musk and Parag Agrawal, more Twitter executives have moved on, apparently sensing what may come their way at the micro-blogging platform in the near future. Ilya Brown, a VP of product management for health, conversation and growth; Katrina Lane, a VP of…

China lockdowns: Japanese gaming giant Nintendo expects 10% fewer sales

China lockdowns: Japanese gaming giant Nintendo expects 10% fewer sales

Beijing, May 1 (IANS) Hit by semiconductor shortage amid the ongoing Shanghai lockdown, Japanese gaming giant Nintendo is reportedly looking at 10 per cent fewer sales in the current fiscal year. According to Nikkei Times, Nintendo expects to sell only about 20 million Switch game consoles, a 10 per cent decrease from fiscal 2021. The…

Russia bans tech honchos, including Zuckerberg, from entering country

Russia bans tech honchos, including Zuckerberg, from entering country

Moscow, April 22 (IANS) Amid the ongoing Russia-Ukraine war, the Russian Foreign Ministry has issued a list of US figures, including tech honchos, who are now prohibited from entering the county for an indefinite period. According to TechCrunch, the list includes high-profile US politicians such as Vice President Kamala Harris, tech leaders, including Meta CEO…

War in Ukraine to lower growth, increase inflationary pressures globally: KPMG

War in Ukraine to lower growth, increase inflationary pressures globally: KPMG

New Delhi, April 6 (IANS) The ongoing conflict in Ukraine is set to lower global growth prospects and increase inflationary pressures across the world, according to global advisory firm KPMG’s latest Global Economic Outlook. The bi-annual report provides economic forecasts and analysis from the global organization’s team of economists in territories and regions throughout the…

Stock limit on edible oils, oilseeds extended up to Dec 31

Stock limit on edible oils, oilseeds extended up to Dec 31

New Delhi, March 31 (IANS) In view of the ongoing Ukraine-Russia war resulting in supply restrictions in import of edible oils and oilseeds, the Centre has extended the stock limits imposed on edible oils and oilseeds until December 31. This will come into effect from April 1. A notification from the Ministry of Food, Consumer…

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