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...Thomas Haldenwang, head of Germany’s domestic intelligence agency the Federal Office for the Protection of the Constitution (BfV) now holds regular meetings with the chief executives of large businesses...
...Thomas R is accused of being an employee for the Chinese Ministry of State Security....
...Finance ministry officials said the hope is Germany can ultimately move in the direction of Sweden and Norway where individuals can invest in capital markets within the framework of the state pension system...
...The two German-Russian nationals were detained in raids on Wednesday morning by police special forces in the town of Bayreuth, south-east Germany, according to the federal prosecutor’s office....
...Jian Guo, an employee of Maximilian Krah, was accused by Germany’s federal prosecutor on Tuesday of being covertly employed by China’s Ministry of State Security....
...Such questioning occurred before authorities intervened directly to prop up the yen in September and October of 2022. The finance ministry declined to comment....
...G20: Finance ministers meet in São Paulo, Brazil to prepare for the annual presidential summit in November....
...A spokeswoman for Germany’s economy ministry said the government’s “overriding objective was to safeguard security of supply and to ensure that Rosneft Deutschland and PCK Schwedt, as well as the MiRO and...
...More than a year in the making, the law — which will make Germany the most tolerant country in Europe for recreational use of cannabis — continues to be dogged by controversy, with opposition lawmakers vowing...
...for the basic norms of the law”....
...Germany’s labour market is a source of “stability” amid the country’s economic gloom, according to the head of the Federal Employment Agency, with little likelihood of the jump in joblessness seen in previous...
...He is also accused of gathering information on Chinese dissidents in Germany. The MEP he works for was not named....
...The organisation is partnering with Germany’s Federal Ministry for Economic Affairs and Climate Action to build 10 start-up factories in the vicinity of universities in an attempt to produce more successful...
...Japan’s currency has suffered most from the rise in US rate expectations, which has pushed the yen to its weakest level since 1990, putting the finance ministry on red alert for a possible intervention....
...Fed Beige Book: The Federal Reserve will release its report on the current economic conditions of its 12 central bank districts....
...Even the inventory of new homes dipped a bit in 2023, as high mortgage rates put a damper on Americans’ desire to finance anything....
...But for months German politicians have also been squabbling about the validity of the federal vote, held on the same day in 2021....
...I would say simply that if you keep the cost of capital high, page one in your finance textbook will tell you that will have some consequences for households and firms that have a lot of debt, and on banks...
...US Federal Reserve chair Jay Powell has signalled that the cycle of rate rises may be over....
...Traders are awaiting the March reading of the US Federal Reserve’s preferred inflation gauge, due later on Friday, for signals on the outlook for interest rates in the world’s largest economy....
...To tackle the student debt crisis, schools should also be banned from classifying federal student loans as a form of financial aid. A college education may not be the right path for everyone....
...US federal prosecutors are also probing an Adani company and the group’s founder for potential bribery violations....
...Although a package of support from the African Development Bank would be unaffected, according to the finance ministry memo, Ghanaian officials were concerned about a “possible adverse reaction from Germany...
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