📈Company Bankruptcies Soar in Germany

Some 5,209 companies filed for bankruptcy in Germany in the first three months of the year, the Federal Statistical Office revealed Friday, continuing an upward spike.

This year's first quarter figure was 26.5% higher than in the same time period last year. It was also 11.2% higher than in same quarter in 2020, before the coronavirus forced closures across the country.

Experts expect the number of corporate insolvencies in Germany to rise to around 20,000 cases in 2024 – with a mixture of high energy prices and high interest rates proving to be a lethal cocktail.

@RiseGS

🏁 NATO currently has 500,000 personnel across all branches of the armed forces in a state of high readiness, stated Stoltenberg.

🔴 @DDGeopolitics

➡️China’s Premier Surface Combatant Ships Drill Together for First Time in South China Sea

🔴6-day “round-the-clock combat exercises”
🔴3x Type 055 destroyer (Renhai cruiser) detachment deployed
🔴Involved precision strikes, anti-submarine warfare, and air defense

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⚡️ The Estonian opposition is calling for the resignation of Prime Minister Kaja Kallas over a €1.6 billion budget shortfall for ammunition, Euractiv reported.

t.me/ukraine_watch

⚠️ ‘Flesh-Eating’ Bacteria Spreads at Record Rate in Japan

The country has reported 977 cases of streptococcal toxic shock syndrome in 2024 – already exceeding an all-time high of 941 infections detected last year.

In some severe cases, strep A bacteria can become invasive – seeping from cuts and wounds deep into soft tissue and muscle, where it triggers necrotising fasciitis, a “flesh-eating disease.”

Tokyo has been most affected by the record surge, with 145 cases in the first six months of 2024.

@RiseGS

➡️ JUST IN: ANC and white-led, pro-business Democratic Alliance reach deal to form unity government in South Africa

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😂 Oops, Irony! 92% of drones used by American police, firefighters and rescue workers are... made in China

US drones cost 3x as much as Chinese ones - and are technologically inferior.

When reality meets imperialism.

@RiseGS

🇪🇺“Not in Good Faith”: NATO Officially Rejects Peace Proposal from Putin

Till the last Ukrainian?

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😮 Macron’s Centrist Alliance Faces Wipeout in Snap Elections

New projections suggested only about 40 pro-Macron MPs would reach the second-round vote on July 7, in run-offs mainly between populist hard-Right or Left-wing candidates for the 577-strong assembly, according to two studies for Le Figaro and BFM TV.

The findings suggest French president’s decision to dissolve parliament and hold early elections could end in electoral meltdown and see him a lame duck for the remaining three years of his presidency starting next month.

Has Macron’s move to try and halt the rise of Marine Le Pen’s National Rally spectacularly backfired?

@RiseGS

🤔 Zelensky introduces law to allow harvesting of body organs without consent

Meanwhile, the West keeps pretending Kiev is a bastion of democracy…

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👊 JUST IN: Clashes erupt between English and Serbian soccer fans in Gelsenkirchen, Germany

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