Swiss exports lose steam | Markets macro

(AWP) Swiss exports fell in October. This was mainly due to the development of chemical-pharmaceutical products. Specifically, Swiss exports reached a seasonally adjusted value of CHF 20.83 billion in October, which is 1.4% below the previous month. In real terms – i.e. price-adjusted – there was a decrease of 1.5% in October, as the figures […]

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, the bipartisan US-China Economic and Security […]

No chance for Britain to join the North American trade pact

Boris Johnson The British government does not come up with free trade pacts as easily as it has thought. Image: Reuters Washington/London According to a foreign trade expert, Great Britain currently has little prospect of participating in large trade alliances. “Accession to the CPTPP trade pact of the Pacific countries and above all to the […]

Is a war between the great powers inevitable?

In 2034, the United States and China will be embroiled in a series of military conflicts that lead to the use of tactical nuclear weapons. Other countries – including Russia, Iran, and India – are drawn in. Suddenly the world is on the brink of World War III. This scenario is portrayed in “2034: A […]

Controversial issues of the T-MEC will be reviewed between Mexico and the US

They also highlight issues such as supply chains and their modernization, in addition to the challenges and opportunities of the Treaty, after its implementation, since July 1 of last year, according to a bulletin issued by the Ministry of the Economy. Both Mexican officials will meet with Gina Raimondo, US Secretary of Commerce, and with […]

Companies face headwinds – Hong Kong IPOs more attractive

Peking, New York, Washington The Chinese regulators continue to put their tech companies under pressure. As the powerful cyberspace regulator Chinese Administration of Cyberspace (CAC) announced on Saturday, companies with data from more than one million users will be checked separately for their security before they are allowed to issue shares on a foreign stock […]

German financial regulator Bafin tackles the Bank of China

Bank of China building in Beijing At the German subsidiary of the Chinese state bank, the number of frictions with the financial supervisory authority has increased since a change in head at the end of 2017. (Photo: Reuters) Frankfurt, Düsseldorf A few years ago, the Frankfurt branch of the Bank of China was still very […]

Maas warns of ‘vaccine diplomacy’ from China and Russia

Like Germany, China and Russia belong to the G20, in which economically strong countries from all continents have come together to tackle global problems together. At this year’s meeting of foreign ministers, in addition to fighting pandemics, climate protection and aid to Africa were on the agenda. China and Russia gave vaccines to other countries […]

Russia derives profits from the metal industry

Berlin Happy is whoever has them: The exporters of raw materials that are currently in great demand. And Russia has plenty of it. Whether steel, aluminum, iron ore, platinum, copper, gold or nickel – between Kaliningrad and Kamchatka there are tons of raw materials that the country exports. Steelmakers, mining companies and smelting companies have […]

Entry ban makes Germans prisoners

New York, Washington Alexandra’s father has been in a German hospital for a long time after a serious operation. His daughter, who lives in the USA, cannot visit him. Because the German does not get an exception permit to then return to the United States. Alexandra * and her husband are stuck with their children. […]