Since August 2019, Lebanon has been shaken by a severe financial crisis. A large part of the population is now affected by poverty. The Lebanese government is hoping for help from the IMF. But in return this demands reforms. International Monetary Fund (IMF) Managing Director Kristalina Georgieva has said her organization stands ready to help […]
22 Apr 2022 3:07 pm In a commentary, China’s official news agency accused the US of arbitrarily using its hegemonic position in the international financial system and dollar dominance as a weapon against other states. But that would ultimately lead to the collapse of this system. The official Chinese news agency Xinhua has published a […]
11 Feb 2022 10:03 am Six out of ten consumers fear that they will be affected by the exorbitant rise in energy costs in the future, according to a survey by the Federal Association of Consumer Organizations. Politicians must therefore ensure that consumer protection on the energy market becomes more crisis-proof. Increasing energy prices are […]
8 Feb 2022 10:25 am The company pension scheme is an important security for many employees. However, the persistent phase of low interest rates and inflation are making it increasingly difficult for pension funds to generate returns. Every third pension fund is already under the stricter supervision of BaFin. About a third of all German […]
By Alexander Palucki The term “superbubble” – used to describe the current state of the global economy – was coined by financial advisory firm GMO (“Grantham, Mayo, & van Otterloo”) co-founder Jeremy Grantham. The trained British economist has one on his company website on January 20th extensive essay, entitled Let the wild rumpus begin. The […]
23 Jan 2022 20:18 Israel and Germany have agreed on a submarine deal. The costs are said to be around three billion euros. The German share of financing the construction of the submarines is also capped at 540 million euros due to an agreement in 2017. Israel and Germany agreed on a submarine deal, the […]