Superstition and taboo: Germany retreats into the Middle Ages as its economy declines

An abandonment of reason is among the symptoms of a nation suffering from a collapse in the prevailing narratives Bloomberg recently foretold the end of Germany’s days as an industrial power in an article that begins with a depiction of the closing of a factory in Dusseldorf. Stone-faced workers preside with funereal solemnity over the…

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Chinese competitor to Boeing and Airbus makes international debut

China’s homegrown passenger jet, the C919, made its inaugural flight outside China on Sunday at the Singapore Airshow. The airliner, which took to the skies for its first commercial flight in May, has so far only been authorized to fly in its home country.

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Russian oil giant reports almost 50% profit surge

Net profits at Rosneft, Russia’s largest oil producer, jumped by 47.2% last year, hitting 1.3 trillion rubles ($14 billion) despite sweeping Western sanctions on Russian oil, the company announced on Monday.

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