In May, the German foreign trade balance showed a deficit for the first time in over 30 years. Germany ended 2021 with a foreign trade surplus of 172 billion euros. According to experts, the prospects are “bleak”. As the business news agency Bloomberg on Monday reportedGermany’s foreign trade balance has slipped into the negative for […]
During his visit to Finland, NATO Secretary General Jens Stoltenberg said Ukraine must decide for itself how much of its territory to trade for peace. According to Stoltenberg, peace has its price. However, he emphasized that it is up to Ukraine to determine this. Visiting Finland on Sunday, NATO Secretary General Jens Stoltenberg said the […]
A massive increase in inflation, which is already threatening social peace, would only be one consequence. According to a forecast by the Spanish central bank, breaking off trade relations with Russia would be very expensive, and not just for Spain. According to industry experts, the consequences of the European Union’s decision to ban oil imports […]
Israel has signed its first free trade agreement with an Arab country. The document eliminates several tariffs in trade with the United Arab Emirates and is expected to increase the annual bilateral trade volume to over ten billion US dollars. On May 31, Israeli Economy and Industry Minister Orna Barbivai and United Arab Emirates (UAE) […]
French investigators have indicted the former director of the Paris Louvre museum. He is suspected of being involved in the illegal export of art objects purchased for the museum’s Abu Dhabi branch. On the evening of May 25, the French judiciary indicted Jean-Luc Martinez, former director of the Louvre Museum. The indictment is the latest […]
Russia’s economic development minister has said Western sanctions against Russia could help boost trade turnover with Thailand significantly. There are great prospects for joint bilateral projects. According to Russian Economic Development Minister Maxim Reshetnikov, Western sanctions are expected to strengthen ties between Russia and Thailand, increasing trade between the two countries to as much as […]
Due to the strict corona measures in China, only a few German companies can operate there and resume production. The crisis surrounding the war in Ukraine and the recovery of capacities in other countries are also having an impact. “The supply chain disruptions caused by the war in Ukraine and the People’s Republic of China’s […]
27 Apr 2022 9:51 pm Uruguay has so far not supported Western sanctions against Russia in connection with the Ukraine war. The South American country’s ambassador in Moscow, Daniel Castillos, sees his diplomatic task as strengthening bilateral trade. Uruguayan Ambassador to Russia Daniel Castillos spoke at an event in the Russian capital Moscow, according to […]
Apr 26, 2022 1:02 p.m Washington and Brussels are trying to persuade New Delhi to join sanctions against Moscow. Now the head of the EU Commission traveled to India. Both sides decided to set up a trade and technology coordination body. India and the EU have agreed to set up a new Trade and Technology […]