Newsletter
Baerbock promises German oil embargo
Germany wants to stop importing Russian energy resources as soon as possible and already has a clear plan to stop coal and oil imports from Russia. This is what Foreign Minister Annalena Baerbock said on April 20 in Riga after talks with her counterparts from …
Almost 200,000 workers in Russia are still on western payrolls
Multinationals continue to pay nearly 200,000 workers in Russia despite pledges to suspend or close operations in the country, raising fears of mass layoffs or nationalization as hopes of a quick end to the war in Ukraine fade. A slew of Western companies, …
Fed sends US real yields to the edge of positive territory
Inflation-adjusted bond yields in the US are on the verge of turning positive for the first time since March 2020, putting further pressure on riskier areas of financial markets. So-called 10-year real yields have risen more than 1 percentage point since early …
GDP growth in China beats forecasts
China's economy grew faster-than-expected in the first quarter, but official data showed a recent slowdown in consumer activity as the country's growth prospects were clouded by sweeping Covid-19 lockdowns. China's gross domestic product rose 4.8 percent …
Twitter rejects Musk's takeover bid
Twitter has used a poison pill to fend off a hostile $43 billion takeover bid by billionaire Tesla CEO Elon Musk.
Germany does not want to meet fugitive Wirecard employee Marsalek
Germany's foreign intelligence service turned down an offer to meet former Wirecard manager Jan Marsalek in Moscow last year, fearing the invitation to meet the fugitive was a trap by the Russian FSB secret service, which was familiar with the matter people …
US inflation hits 8.5%
US consumer price inflation topped 8 percent in March, the fastest pace since 1981, after sharp increases in energy and food costs. The consumer price index rose 8.5 percent last month from a year earlier, slightly ahead of Wall Street's expectations, the …
Rheinmetall wants to deliver up to 50 tanks to Ukraine
The armaments group Rheinmetall is preparing to deliver up to 50 used Leopard 1 battle tanks to Ukraine, reports the Handelsblatt on Monday, citing the group's CEO.
Emmanuel Macron and Marine Le Pen in runoff
Emmanuel Macron will face his rival Marine Le Pen in the second and final phase of the French presidential election on April 24 after they beat the other candidates in the first round of voting on Sunday, according to estimates. After counting more than 90 …
NATO countries agree to supply heavy weapons to Ukraine
NATO member states have agreed to supply Ukraine with new types of modern weapons, alliance officials said, as Kyiv prepares for a new Russian offensive in the east of the country.