Economy, trade & finance: disaster not in sight

Economy, trade & finance: disaster not in sight

– Several large banks have increased their risk provisioning for potentially bad loans in recent months, including the Commerzbank and several Landesbanken. But the regional banks are obviously getting through the crisis well so far. “It is always said that a large wave of insolvencies will roll on us all, and that it will hit … Read more

Promised help must come quickly

Economy, trade & finance: disaster not in sight

– However, individual sectors such as gastronomy and the leisure industry, “which have good hygiene concepts”, were hit very hard. Politicians are trying to compensate for the lost sales. “But you have to honestly say: Even the November grants will not compensate for all losses already incurred,” said the President of the German Savings Banks … Read more

Greens boss Habeck suggests shop closings in Corona hotspots

Economy, trade & finance: disaster not in sight

– 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

US Treasury Department and Federal Reserve argue about Corona aid

Economy, trade & finance: disaster not in sight

– 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

No quarantine: Trump leaves New York open – News

No quarantine: Trump leaves New York open – News

In the fight against the pandemic, US President Donald Trump is not quarantining the particularly badly affected New York area. In the United States, more than 2000 people have died as a result of being infected with the coronavirus. This came out on Saturday evening (local time) from a listing of the renowned John Hopkins … Read more

The focus is on the chairperson of the Standing Conference

The focus is on the chairperson of the Standing Conference

– 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

Fewer takeovers and bankruptcies in financial startups

Economy, trade & finance: disaster not in sight

– 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

Corona loans highest in North Rhine-Westphalia and Bavaria

Corona loans highest in North Rhine-Westphalia and Bavaria

– Banknotes Bavaria follows NRW with 31 percent (20 billion) and Lower Saxony with 27 percent (around 9 billion). – (Photo: dpa) – – – – Berlin According to a study by the Ifo Institute, North Rhine-Westphalia takes out the highest corona-related loans of all federal states. The most populous federal state has approved credit … Read more

Lufthansa cancels 80 partial retirement contracts

Lufthansa cancels 80 partial retirement contracts

– Lufthansa passenger plane For many employees, there were no prospects for continued employment at the remaining hubs in Munich and Frankfurt. – (Photo: dpa) – – – – Frankfurt The conflict between Lufthansa and the Verdi service union continues to intensify. After the negotiations on an overarching corona restructuring contract were broken off, the … Read more

Chinese Doctors Say Dangerous Combinations of Diseases for Coronavirus Patients | news

Chinese Doctors Say Dangerous Combinations of Diseases for Coronavirus Patients |  news

Scientists from China have named diseases that can worsen during the covid period and even lead to death. As KURSK.COM reports with reference to the Chinese Journal of Epidemiology, all viruses, and coronaviruses are no exception, can reproduce only inside the human body. They also cannot move independently. The list of epidemiological studies of a … Read more