AGP Executive Report
Last update: 10 hours agoSpy Scandal: Germany’s former BND foreign intelligence chief August Hanning was arrested on suspicion of treason and espionage, with prosecutors alleging he passed classified information to foreign services. Politics & Public Mood: A new Ipsos survey for Spiegel finds 48% of Germans say Friedrich Merz’s government has failed, rising to 80% in eastern states. Security & Trade: Germany blocked China’s COSCO from buying 80% of Hamburg logistics firm Zippel, citing supply-chain security risks. Rail Upgrade: The Bundestag transport committee backed a €9bn plan for a new Hanover–Hamburg rail line, targeting completion by 2050 and modernizing the existing route. Energy Watch: The IEA is set to discuss a possible EU-coordinated release of oil and diesel stocks as diesel prices stay high amid war-driven supply strain. Business Moves: Mercedes-Benz reported Q3 car sales down 8% year-on-year, with China weakness driving the decline while EV sales rose 52%. Culture & Books: Korean publishers are pushing rights deals at the Frankfurt Book Fair, aiming to turn titles into global multimedia IP.
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