US Treasury Department and Federal Reserve argue about Corona aid

US Treasury Department and Federal Reserve argue about Corona aid

– 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

Reasons not to take LADA Granta with automatic transmission named by the owner

Reasons not to take LADA Granta with automatic transmission named by the owner

The breakdown of the “budget” on the guarantee turned out to be a refusal – the consequences had to be “cleaned up” for a whole year. The case when it is better to prefer “mechanics”. Image: Let’s Ride! The automatic transmission seemed to the motorist an advantage when buying LADA Granta, but in the end … Read more

When taxes go to the right company

When taxes go to the right company

– Lufthansa Before it broke off business overnight due to Corona, Lufthansa was a healthy and profitable company. – (Photo: Imago) – – – – Government aid to large publicly traded corporations is a tricky business, even in the worst economic crisis since the Great Depression. Every time there is speculation about new cases, it … Read more

Air transport: State aid for airports

Air transport: State aid for airports

Empty runway at Hahn Airport Because most of the flights were canceled in the corona pandemic, smaller airports lack the money. Does the state have to step in? – (Photo: dpa) – – – – Berlin / Frankfurt Gereon Arens finally wanted to be in the black: for twelve years he had invested in his … Read more

The first 17 billion flow from Brussels

US Treasury Department and Federal Reserve argue about Corona aid

– 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

Israel and Emirates agree on visa waiver

Israel and Emirates agree on visa waiver

Israel and the United Arab Emirates have decided to exempt their nationals from visas, Israeli Prime Minister Benyamin Netanyahu announced on Tuesday, making the Emiratis the first citizens of an Arab country to be exempt from it. “We exempt our nationals from visas”, said Benjamin Netanyahu on the tarmac at Ben Gurion Airport in Tel … Read more