Financial Insights That Matter The UK and South Korea have banned the import of meat products from Germany, along with certain dairy items, following the first detection of foot-and-mouth disease in the EU member state since 1988. Ireland is expected to follow suit. The case was detected in Germany on Friday (10 January), traced to […]
Financial Insights That Matter BERLIN, Sept 30 (Reuters) – Germany’s move to cut tax on gas sales is designed to send a message to Russia about Berlin’s determination not to capitulate in an energy war, while also signalling to financial markets that Germany’s finances remain solid, its finance minister said. “The first signal is to […]
Financial Insights That Matter Things are not quite going according to plan for Rachel Reeves. The economy has contracted for the past two months and inflation is proving hard to shift. The first Labour budget in more than 14 years received a frosty reception. But everything is relative; at least the chancellor had no trouble […]
Financial Insights That Matter During her visit to Damascus, Foreign Minister Annalena Baerbock outlined clear conditions for European support of Syria’s new leadership and emphasized that Germany and the European Union are committed to fostering a peaceful and free future for Syria. However, speaking at the conclusion of a joint trip with French Foreign Minister […]
Financial Insights That Matter The National Football League is expanding its international presence. The league announced Wednesday it will begin playing games in Munich, Germany, beginning in 2022. “We are very pleased to welcome Munich and Frankfurt to the NFL family and are excited to reward our fans in Germany for their passion by bringing […]
Financial Insights That Matter Germany’s ascent to becoming a global economic power—known as the “German economic miracle” or Wirtschaftswunder—had its origins at the end of World War II, when much of the country was in ruins. Allied Forces had attacked or bombed large parts of its infrastructure, with the city of Dresden completely destroyed and […]
Financial Insights That Matter (Bloomberg) — Germany will top up a pot to fund climate-protection measures and investment in semiconductor production by about €20 billion ($22 billion) to more than €200 billion, according to people familiar with the plan. Most Read from Bloomberg Chancellor Olaf Scholz and his cabinet will approve the additional cash on […]
Financial Insights That Matter BERLIN (AP) — German police say they’ve arrested a 21-year-old man on a European warrant on allegations he ran a website used to facilitate illegal drug and weapons sales and other criminal activity. Federal police said Thursday the man was arrested Tuesday in Bad Nauheim, near Frankfurt, on charges of computer […]
Financial Insights That Matter When the U.S. takes the pitch against the dreaded Belgians today at 4:00 pm on the east coast, the country will come to a virtual halt. Last week during our confusing win/loss against Germany nearly 20 million Americans watched on ESPN, Univision or streaming. Based on the most recent jobs data […]
Financial Insights That Matter BERLIN (Reuters) – Deutsche Bank Chief Executive Christian Sewing is planning a major overhaul of top management, including replacing the finance chief, Bloomberg news agency reported on Tuesday. Citing an unnamed person close to the matter, Bloomberg said Sewing could remove James von Moltke as CFO. Separately, Germany business monthly Manager […]