CashNews.co German Finance Minister Christian Lindner criticized the U.S. Inflation Reduction Act, arguing that a similar measure in Germany wouldn’t necessarily bring down inflation. Some in Germany think the IRA — a 2022 law that made massive climate and energy investments — “could be an example for Germany,” Lindner said at Semafor’s World Economy Summit […]
CashNews.co BERLIN (AP) — A German federal court on Wednesday suspended a ban that the government imposed last month on a far-right magazine, ruling that it can keep publishing while judges mull its appeal in depth. Interior Minister Nancy Faeser banned Compact magazine and the company that publishes it, Compact-Magazin GmbH, on July 16. She […]
CashNews.co PITY THE the leading lights of Germany’s government. Last month they struck an eleventh-hour deal for next year’s budget, narrowly averting the collapse of their three-party coalition. Now it is all unravelling. Experts convened by Christian Lindner, the finance minister and leader of the fiscally hawkish Free Democrats, concluded that accounting tricks in the […]
CashNews.co The declaration, which was adopted following intensive discussions at the German-speaking finance ministers’ meeting, includes a series of key measures that are intended to be decisive for Europe’s future positioning on the global market. The focus is on promoting innovation and technology, strengthening the capital markets, and reducing bureaucratic hurdles. Private capital and innovative […]
CashNews.co Finance Ministers from five German-speaking countries doubled down on the need to mobilise private capital while reducing public debt levels, anticipating a potentially difficult EU debate over how to spur growth and investment. Ministers from Germany, Austria, Luxembourg, Switzerland and Liechtenstein – all from centre-right or pro-market liberal parties – held their annual meeting […]
CashNews.co In this article, we will discuss the 30 countries with the largest percentage of the population aged 65 and up. You can skip our detailed discussion of an aging population and see the 5 Countries with the Largest Percentage of the Population Aged 65 and Up. The global population is aging rapidly and thus, presents […]
CashNews.co EUR/USD falls to near 1.0800 ahead of crucial Eurozone/US events. The ECB may cut interest rates two more times this year. The Fed is expected to openly endorse rate cuts in September. EUR/USD drops to near 1.08000 in Monday’s American session as the US Dollar (USD) rises, with investors focusing on the Federal Reserve’s interest rate decision. The […]
CashNews.co International Finance Corporation, Asian Development Bank and Deutsche Investitions- und Entwicklungsgesellschaft on Tuesday announced an investment of $275 million (about Rs 2,280 crore) into renewable energy solutions platform Fourth Partner Energy Ltd. The consortium’s investment will infuse capital to fund FPEL’s business expansion plans which include a target portfolio of 3.5 GigaWatt of renewable […]
CashNews.co Germany’s Finance Minister, Christian Lindner, has firmly denied the Defence Minister’s plea for additional funds to modernize the armed forces beyond the already agreed coalition budget. In an upcoming ARD public television interview, Lindner highlighted the 100-billion-euro special fund available for defence, stating it was unprecedented and sufficient. Defence Minister Boris Pistorius, responsible […]