According to a study, people around the world accumulated above-average wealth in the second year of Corona. The total assets from financial assets and tangible assets minus debts rose in 2021 compared to the previous year by 10.3 percent to a record value of 473 trillion US dollars (around 441 trillion euros), mainly thanks to … Read more
Federal Agriculture Minister Cem Özdemir warned Hungary against protectionism in response to the Ukraine war in the debate about impending food shortages. “I advise all states to act sensibly here. I also say the same thing to EU member Hungary,” said the Green politician to the newspapers of the Funke media group. “Anyone who closes … Read more
Numerous companies have voluntarily repaid Corona emergency aid. The responsible authorities in the federal states had informed the Federal Ministry of Economics that they had “claimed repayments of 322 million euros and that voluntary repayments of 911 million euros had also been made,” said a ministry spokeswoman. Previously, the Picture on sunday reported about it. … Read more
June 13, 2021, 6:56 p.m. Craftsman:Two months waiting time Many currently have to wait a good two months for a craftsman. “It takes an average of 8.8 weeks to build and expand,” said Hans Peter Wollseifer, the president of the trade Funke media group. One reason for this is the disruption of supply chains in … Read more
Big Apple. There is the scent of orchards, grass and wild flowers in the associative air. The truth is, New York mostly smells of rotten fruit and other unsavory things. The city magazine The Gothamist took the trouble to systematize the situation in 2016 and came to the conclusion: New Yorkers need at least as … Read more
January 26, 2021, 6:54 p.m. Wefox:Look to New York Open detailed view— Everything digital: Investors have great expectations of the insurer Lemonade. Can you develop the same enthusiasm for Wefox? (Photo: Sebastian Gollnow / dpa) — The Swiss-German insurance company Wefox wants to go public. The model is lemonade in the USA. – By Herbert … Read more
The world’s largest reinsurer, Munich Re, expects earnings to fall by more than half this year due to the corona pandemic. CFO Christoph Jurecka announced a result of 1.2 billion euros on Tuesday. That would be 1.5 billion less than last year and 1.6 billion less than originally hoped for this year. “However, we can … Read more
The European Investment Bank (EIB), the EU funding agency, will no longer grant loans for the construction of new airports. Investments in roads are still possible, but the Luxembourg institute, one of the largest banks in the world, wants to take greater account of the negative effects of car traffic on the climate and therefore … Read more
The corona pandemic brought Munich Re a slump in profits. In the first nine months, the reinsurer earned around one billion euros on balance, which was 60 percent less than in the same period of the previous year. He had to post Covid damage amounting to 2.3 billion euros, mainly due to failed events. Unlike … Read more
Schools closed, restaurants closed, shops only partially open – not only public life was restricted during the nationwide ban on contacts. The crisis was also felt on the German real estate market. The number of advertisements for rental properties, condominiums or one and two-family houses fell by more than 40 percent in some cases during … Read more