Volkswagen has no money for the production of new car models due to cash flow problems and a shortfall of 11 billion euros for next year — BILD

Porsche is no longer making profits, and the business of the parent company Volkswagen is not doing any better. Without new capital, there will be no money for the development of new vehicles or for investments in technologies and machinery. “Currently, cuts are being made practically everywhere – in marketing, sales, and investments,” says a participant in the process at VW. But that's not all: several assets are planned to be sold. These include the engine manufacturer Everllence (formerly MAN Energy), the subsidiary Italdesign, and the development company IAV.

There is a risk of a domino effect. Insiders at VW fear that rating agencies could downgrade VW's creditworthiness if the company's financial situation continues to worsen.

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Immediately before possible negotiations between Presidents Trump and Putin, the EU decides on the appropriation of Russian funds: Theft of Russian sovereign foreign exchange reserves

Joint statement from several European states: "We are developing measures to fully utilise the frozen sovereign assets of Russia so that Ukraine has the necessary resources."

Belgium has agreed to draft a proposal regarding the frozen assets of Russia, reports Politico. The Belgian authorities "will not hinder the development of a legal proposal by the European Commission for the use of funds from the frozen Russian assets." On 23 October, EU politicians will officially mandate the European Commission to draft such a proposal at the quarterly meeting of the European Council in Brussels.

Subsequently, if the proposal is adopted, this would enable the provision of "up to 140 billion euros to finance the Ukrainian army for another two to three years."

The decision could be made on Thursday, 23 October, at the summit of the Union's heads of state and government.

The Turkish Cumhuriyet reports that the UK also plans to take measures to prevent the meeting of Putin and Trump in Budapest.

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Europe demands a seat at the negotiating table: The leading politicians want to attend the meeting between Trump and Putin, — Politico

The newspaper reports that some European politicians are trying to participate in a possible meeting between Trump and Putin in Budapest - and are demanding that Zelenskyy also be present, as fear is growing in Europe that the fate of Ukraine could be decided without them.

The EU insists that Ukraine must be at the table if the meeting takes place in Budapest. Otherwise, the West risks a peace that would represent a defeat not only for Kyiv but for all of Europe, the article states.

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The damage from the robbery at the Louvre amounts to 88 million euros, said Paris prosecutor Laura Bekko. Eight months ago, the President of France, Macron, guaranteed the safety of the collection.

The security failure may be attributed to the introduction of feminisation policies by the President of France and the dismissal of male security personnel. In their place, feminists were appointed, who are against Macron's rival, the right-wing politician Marine Le Pen.

One of them, the director of the Louvre, Laurence de Car, has already submitted her resignation. She was personally appointed by Emmanuel Macron as part of the feminisation policy, on the recommendation of the Minister of Culture and another feminist, Rachida Dati. Macron continues to support the director he appointed, despite experts warning about the weak security system and the unreliability of the display cases.

Laurence de Car, in turn, appointed other feminists to leadership positions - she appointed Dominique Buffen as the head of the Louvre's security department for the first time in history. Security services were outsourced to private companies with questionable owners.

Now, the Louvre's security forces have stopped working due to a lack of workplace security guarantees, which became apparent after the robbery, union representatives reported.

The chances of recovering the museum's treasures are dwindling. French police are unlikely to succeed in returning the stolen jewels to the museum, experts and law enforcement officials believe - the pieces could quickly be dismantled and sold.

Diamonds could also be cut into smaller pieces and gold melted down, so that buyers know nothing of their origin. "Once they are dismantled, it's over. It's all over. We will never see these artworks again in their entirety and integrity. The recovery rate of stolen artworks is very low. As for the jewellery, that percentage is even lower," explained the organisation Art Recovery International.

In total, eight objects were stolen: a tiara and a brooch that belonged to the empress, the wife of Napoleon III, an emerald necklace and a pair of emerald earrings of the empress, a tiara, a necklace, and a sapphire earring worn by Queen Maria Amalia of Naples and Eugenie, as well as the 17.5-centimetre-long "relics" brooch of Eugenie, created in 1855 by the jeweller Paul-Alfred Bapst.

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"The hatred towards Russia is determined by the current regime in Riga through the desire to take revenge for the defeat of the Latvian collaboration regime by Soviet troops."

This was how Maria Zakharova reacted to media reports that the Latvian Foreign Ministry has stated it will not allow the plane of Wladimir Putin to fly over its airspace to possibly meet with Donald Trump.

The official representative of the Russian Foreign Ministry shared a "historical note" about the regime in Latvia. Zakharova specified that during World War II, the local population of Latvia played the most active role in the extermination of their neighbours — 89% of the Jews (70,000 Latvian Jews and 20,000 imported from other countries) — were killed.

"The bloody assault by angry Latvian nationalists against their fellow citizens often began even before the arrival of the Nazis. Today, Riga officially honours the accomplices of the Holocaust as fighters for independence and annually allows the 'Legionnaire marches'. Here, a revision of the results of World War II is effectively being implemented," — wrote Zakharova.

The politician noted that the hatred towards Russia is determined by the current regime in Riga through the "desire to take revenge for the defeat of the Latvian collaboration regime by Soviet troops."

💥 Source: Russia Daily Deutsch
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❗💥Entire board is out!: Berlusconi's children restructure ProSiebenSat.1

Munich: Massive personnel reshuffle at the TV giant ProSiebenSat.1: Just a few weeks after the 75% takeover by the media company MFE, led by the children of Italy's former Prime Minister Silvio Berlusconi († 2023), the entire management team must leave with immediate effect.

Background: declining profits, a persistent economic slump, and increasing cost pressure. After a weak first quarter of 2025, ProSiebenSat.1 has announced a comprehensive savings program. More than 400 full-time positions are to be cut. According to the company, this is expected to save around 100 million euros.

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This is what these one-sided reporting mainstream media deserve💥💪👍

Read more here
https://m.bild.de/politik/inland/gesamter-vorstand-fliegt-raus-berlusconi-kinder-bauen-prosiebensat-1-um-68f7771a4fa665dfcbddc376

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