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Thailand Revives $30B Land Bridge Project to Bypass Malacca Strait
Thailand’s $30.45 billion Land Bridge project links two deep-sea ports across the southern peninsula as an alternative to the Strait of Malacca.
Germany’s Pension Reform Splits Coalition: Beamte Face 600-800 Euro Cut
Germany’s pension reform divides coalition: SPD opposes raising retirement age beyond 67; Beamte face potential 600-800 euro monthly losses.
Portugal Drops to 40th in Global Competitiveness, June 19
Portugal drops to 40th in IMD World Competitiveness Ranking as business efficiency and government effectiveness weaken significantly.
Wyndham and Barclays Launch Premium Card, June 19
Wyndham and Barclays launch updated credit card suite with new premium Earner Premier Card offering 8x points on hotel stays and $395 annual fee.
SpaceX Soars Past Amazon as Michael Burry Questions Valuation, June 19
SpaceX stock surged 50% post-IPO to $2.66T market cap. Michael Burry questions valuation; Oppenheimer targets $250. Analyst consensus remains bullish.
Chinese EV Makers Use Hong Kong as Global Testing Ground, June 19
Chinese automakers test EV strategies in Hong Kong. GAC targets 300,000 exports by 2026, challenging Japanese premium brands.
BayWa Stock June 18: German Retailer Faces Market Headwinds
BayWa stock faces pressure as Germany’s largest agricultural and building materials retailer navigates rising costs and weak consumer demand.
Dobrindt Pushes Welfare Cuts as SPD Resists, June 18
Dobrindt calls for welfare cuts in Germany as coalition splits on Bürgergeld reform taking effect July 1.
German Court Bans Health Card Seizure Over Unpaid Insurance, June 18
Bavarian court rules health insurers cannot seize electronic health cards for unpaid premiums, protecting millions of German insured people.