California Immunization Center at the Coliseum

COVID: No, the EU is not ‘too nice’, it just doesn’t think in terms of ‘First Principles’.

Some things have gone wrong in the European Union, others well, since the pandemic has taken hold of the world. But what has become clear for some months now is the degree of incompetence of the European authorities and local … Continue reading COVID: No, the EU is not ‘too nice’, it just doesn’t think in terms of ‘First Principles’.

DAX and the Innovation Dilemma: When Deutsche Wohnen Replaces Lufthansa

Like many other companies in the transportation and travel industry, Germany’s flagship airline Lufthansa is struggling with the COVID 19 pandemic and the curfew and border closures that have been imposed. While the company was still doing well at the beginning of the year, it has turned into a restructuring case in just a few months (through no fault of its own). The collapsed stock market valuation forced the DAX to replace Lufthansa with another company, and this one is – Deutsche Wohnen. Deutsche Wohnen is currently valued at €14.6 billion, while Lufthansa only managed €5.2 billion, half of what … Continue reading DAX and the Innovation Dilemma: When Deutsche Wohnen Replaces Lufthansa