– With a view to the budget, Habeck criticized Federal Finance Minister Olaf Scholz’s plans He called for “regional differentiation” on the basis of uniform standards. “It would be wrong to loosen and repeal the measures across the board,” said Habeck. One must state “that the breakwater did not break the wave as it was … Read more
– The debate was triggered by a letter from Treasury Secretary Steven Mnuchin to Federal Reserve Chairman Jerome Powell on Thursday evening. In the letter, he calls for some of the corona emergency programs launched by the Fed to be phased out. Mnuchin wants to use the funds released elsewhere in the corona crisis. Mnuchin … Read more
– Stefanie Hubig The SPD politician took over the chairmanship of the Conference of Ministers of Education and Cultural Affairs at the beginning of 2020. – (Photo: dpa) – – – – Berlin In mid-October, Stefanie Hubig reassured parents and teachers: In Rhineland-Palatinate, where she is Minister of Education, there is just one infection per … Read more
– In the first nine months, 20 financial start-ups were also taken over, shows the paper available to the German Press Agency. For the year as a whole, this would translate into 26 fintech takeovers, a decrease compared to the record figure of 31 in 2019. “The Corona crisis led to a lot of uncertainty … Read more
– Finma-Logo Finma recently announced that it would be scrutinizing Swiss banks in connection with the Danske Bank scandal. – (Photo: Reuters) – – – – Zürich The Swiss Financial Market Authority (Finma) warns of the effects of the corona crisis on banks and insurance companies in the country. Thanks to the liquidity and capital … Read more
Port of Hamburg “The realization that the virus cannot be stopped at the borders has prevailed,” says Anton Börner. – (Photo: dpa) – – – – Berlin The new restrictions to combat the corona pandemic are appropriate from the point of view of wholesale and foreign trade. The measures are “consistent and correct,” said Anton … Read more
– In view of the persistently grave economic situation, the central bank decided to stick to its extremely relaxed monetary policy. With the BoJ’s decision, Japanese commercial banks can still get money from the central bank almost free of charge. Loans for business investments and for consumers should remain cheap. The third largest economy in … Read more
Michael Hüther The author is the director of the Institute for German Economics. – (Photo: dpa) – – – – Germany fears a second lockdown. The positive revision of the economic forecasts over the summer threatens to become obsolete. The actors seem to be trying at their respective levels to avoid such extensive shutdowns as … Read more
– Specifically, Italy initially received 10 billion euros, the first tranche of a committed sum of 27.4 billion. Spain initially received 6 out of 21.3 billion and Poland received 1 billion out of 11.2 billion. A total of 87.9 billion euros has been agreed to be paid out to 17 countries under Sure. The lid … Read more
– Proteste in New York In New York, there had been mass protests for the fourth night in a row. – (Photo: Reuters) – – – – New York After renewed mass protests in New York after the death of the African American George Floyd as a result of a brutal police operation, a night … Read more