Federal government refuses investment guarantees in China

– Folk Tales in Shanghai After the latest revelations about human rights violations, the federal government will apparently no longer protect VW in China for investments. – (Photo: dpa) – – – – Frankfurt For the first time, the Federal Ministry of Economics has refused a German company investment guarantees for China in connection with … Read more

Corona-News: Incidence continues to fall – China with the highest number of new infections since the beginning of the pandemic

the The US health agency CDC will abolish a rule that will allow most migrants who have entered the country illegally to be quickly deported because of the corona pandemic. The regulation will be ended effective May 23 to give the Department of Homeland Security enough time to take necessary measures such as expanding corona … Read more

Tensions with China – These companies face the greatest risks

Düsseldorf Even if it’s cynical: wars and catastrophes are always expressed in cold numbers on the stock exchanges. It was the same after Putin’s attack on Ukraine. The German leading index Dax lost a good 15 percent after the Russian invasion. About three quarters of the losses have now been made up for, probably also … Read more

World’s largest credit card issuers suspend business in Russia

– Visa and Mastercard credit cards Because of the Russian invasion of Ukraine, the two credit card providers are suspending their business in Russia. – (Photo: dpa) – – – – Washington Because of the Russian invasion of Ukraine, the world’s two largest credit card providers, Visa and Mastercard, are suspending their business in Russia. … Read more

Business in Russia: the federal government removes Hermes guarantees

Exporthafen Hamburg The federal government is canceling the loan guarantees for exports to Russia. – (Photo: dpa) – – – – Düsseldorf The federal government is now making it considerably more difficult for German companies to do business with Russia, even if their products are not on the European sanctions list, such as microchips or … Read more

Why China has more to lose in the tech conflict with the US

Qingdao A recent study from China lists the country’s weaknesses in technological competition with the USA – and apparently aroused the displeasure of government agencies. The investigation, which was published in the Wechat app at the end of January, was “deleted by the author” four days later, according to the app without further explanation. However, … Read more

Car service withdraws from the New York Stock Exchange

Peking The Chinese transport service provider Didi (Didi Chuxing) wants to withdraw from the New York Stock Exchange. In a brief message on the Twitter-like social network Weibo, the company announced on Friday that it would take appropriate steps with immediate effect. Instead, Didi wants to start preparing for an IPO in Hong Kong. According … Read more

The US is apparently talking to Japan and China about tapping oil reserves

– Oil production The US is apparently in talks about tapping oil reserves. – (Photo: dpa) – – – – Washington According to Reuters information, the US government has spoken to important other countries about tapping parts of their respective oil reserves. Such a coordinated move would aim to push oil prices down and stimulate … Read more

US Congress warns of “high risk for investors” in China

– Joe Biden At the beginning of the week, the US President and the Chinese head of state met for a virtual meeting. – (Photo: AP) – – – – Washington An important body of the US Congress is pushing for drastic measures against economic ties with China. In its annual report published on Wednesday, … Read more

ECLAC warns that Latin America has the lowest investment rate in three decades

https://mundo.sputniknews.com/20211019/la-cepal-advierte-que-america-latina-tiene-la-tasa-de-inversion-mas-baja-en-tres-decadas-1117285468.html ECLAC warns that Latin America has the lowest investment rate in three decades ECLAC warns that Latin America has the lowest investment rate in three decades SANTIAGO (Sputnik) – Latin America and the Caribbean has the lowest investment rate on Gross Domestic Product (GDP) in the last 30 years, said the … 10/19/2021, Sputnik … Read more