CashNews.co A year ago, Russian President Vladimir Putin held a lavish gala concert to commemorate the 80th anniversary of the Battle of Kursk, which saw the Soviet army drive out Nazi Germany’s forces, hailing the feat as a turning point in World War II. “The significance of the victory in this landmark battle cannot be […]
CashNews.co Russia’s war of aggression against Ukraine has brought immeasurable suffering to millions of people. The war is directly affecting not only Ukrainian soldiers who are defending their homeland on the front lines, but also the civilian population, including elderly people, women and children. The Russian armed forces’ targeted attacks on civilian infrastructure, including on […]
CashNews.co Trade and investment flows between the US and Germany are entering a new, and much accelerated, phase. So much so that analysts examining data from the German Federal Statistical Office expect the US to eclipse China as the top trading partner of European nations by 2025.1 German companies are rushing to boost capital investments […]
CashNews.co Chancellor Angela Merkel and Olaf Scholz, federal minister of finance, attend a session of the German Bundestag. Photo: Kay Nietfeld/picture alliance via Getty Images Germany’s finance minister and vice-chancellor Olaf Scholz will run as the Social Democratic Party (SPD) candidate to succeed Angela Merkel as chancellor in the next federal elections, due to take […]
CashNews.co BERLIN (AP) — The German government on Friday announced plans to provide about 3.3 billion euros ($3.7 billion) in funding for projects to make industry more climate-friendly, including by storing carbon dioxide underground at offshore sites. Germany, which has Europe’s biggest economy and is home to many energy-intensive industries, aims to cut its emissions […]
CashNews.co It came as a shock to Ukraine and to all those who want to support Kyiv unconditionally: the German government apparently wants to end financial aid for military aid to Ukraine from the federal budget after next year and instead tap into an international pot. The reason for this is the extremely difficult budgetary […]
CashNews.co Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. One of Nato’s most sensitive military bases was put on a state of high alert for almost 24 hours over intelligence warnings of a potential sabotage attack by Russian agents. Geilenkirchen in north-west Germany, […]
CashNews.co (Bloomberg) — The German government has drawn up plans to make it easier to dismiss high earners in the finance industry as the country competes with France and the UK to attract top bankers. Under the plans, existing, less-protective rules for risk takers at systemically important banks will be extended to insurance companies, securities […]
CashNews.co Vanessa Schürmann has contributed to the Chambers Global Practice Guide 2024: Debt Finance Germany. She offers comprehensive Law and Practice insights into the following key areas: 1. Market Overview, 2. Types of Transaction, 3. Structure, 4. Documentation, 5. Guarantees & Security, 6. Intercreditor Issues, 7. Enforcement, 8. Lenders’ Rights in Insolvence, 9. Tax & […]
CashNews.co Robert Habeck (L), German Minister for Economic Affairs and Climate Protection, talks to cosplayers during his tour of Gamescom. The Gamescom computer and video games trade fair takes place in Cologne from August 21-25, 2024. Oliver Berg/dpa German Vice Chancellor and Economy Minister Robert Habeck said on Thursday that a deal to rescue the […]