German retirees will get a pension increase that beats inflation. What to know

Global News— The increase will take effect on July 1, the first time since 2000 that pensions in Europe's biggest economy have risen by more than the annual inflation rate.

The Washington Times—Germany retirees will get an inflation-busting pension increase this year. Germany’s Cabinet on Wednesday approved a 4.57% rise in retirees’ pensions from this summer, well above the current rate of inflation.

International Business Times UK—German Trains Will Get Frosted 'Smooch Cabins' and 'Digital Towels' To Reserve Seats Soon. Train passengers in Germany could soon experience finer journeys after the nation's state-owned rail firm, Deutsche Bahn, announced plans for significant upgrades to its service.The multibillion-euro investment aims to enhance the privacy element of customers' journeys greatly. Among the railway operator's most noteworthy plans is the addition of compartments with frosted glass doors.These compartments, which were unveiled over a week ago, will be accessible to people travelling on Deutsche...

MSNBC—Trump is beating Biden on inflation — but has no clue how inflation works. Former President Donald Trump loves tariffs. He absolutely goes nuts for them and has made an even sharper turn back to protectionist policies a major part of his campaign. He also has no idea how tariffs work or what function they perform and doesn’t understand how his proposed policies would pile higher costs on American consumers already frustrated with rising inflation. That’s why it’s confounding that voters somehow trust Trump to bring down prices. Trump’s latest love letter to tariffs...