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Germany faces highest number of bankruptcies since 2008

Germany is reeling from its WORST wave of bankruptcies since the 2008 financial crisis, with 364 major companies crumbling into bankruptcy in 2024 – a staggering 30% jump from last year.

Additionally, fewer German companies are hiring, while the number of firms slashing jobs is on the rise across almost every sector.

#Germany

@IntelEurasia



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Germany faces highest number of bankruptcies since 2008

Germany is reeling from its WORST wave of bankruptcies since the 2008 financial crisis, with 364 major companies crumbling into bankruptcy in 2024 – a staggering 30% jump from last year.

Additionally, fewer German companies are hiring, while the number of firms slashing jobs is on the rise across almost every sector.

#Germany

@IntelEurasia

BY Intel Eurasia Cooperation




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Update March 8, 2022: EFF has clarified that Channels and Groups are not fully encrypted, end-to-end, updated our post to link to Telegram’s FAQ for Cloud and Secret chats, updated to clarify that auto-delete is available for group and channel admins, and added some additional links. READ MORE Pavel Durov, Telegram's CEO, is known as "the Russian Mark Zuckerberg," for co-founding VKontakte, which is Russian for "in touch," a Facebook imitator that became the country's most popular social networking site. But Telegram says people want to keep their chat history when they get a new phone, and they like having a data backup that will sync their chats across multiple devices. And that is why they let people choose whether they want their messages to be encrypted or not. When not turned on, though, chats are stored on Telegram's services, which are scattered throughout the world. But it has "disclosed 0 bytes of user data to third parties, including governments," Telegram states on its website. Since January 2022, the SC has received a total of 47 complaints and enquiries on illegal investment schemes promoted through Telegram. These fraudulent schemes offer non-existent investment opportunities, promising very attractive and risk-free returns within a short span of time. They commonly offer unrealistic returns of as high as 1,000% within 24 hours or even within a few hours.
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