All G7 nations are concerned about impending economic crisis as GDP slows and inflation increases, Scholz says. Falling growth rates in some countries, rising inflation, raw materials shortages, disrupted supply changes. German Chancellor: “All members are concerned”. SCHLOSS ELMAU, Germany (Reuters) – After a session on the global economy at this year’s annual G7 conference, … Read more
Romanian President Klaus Iohannis asked the European Union to award Ukraine candidacy status. He emphasized that “there is no time for hesitating.” Emmanuel Macron, German Chancellor Olaf Scholz, and Italian Prime Minister Mario Draghi all spoke beside him. While speaking alongside his Ukrainian, French, German, and Italian counterparts during a historic visit to Kyiv on … Read more
Germans can travel the country for just €9, for the next three months. A drive is formed to tackle the soaring cost of living. Apart from the inter-city trains, the inducement will include all local and regional transport on trains. The initiative will lead the car drivers to leave their cars, and buy tickets for … Read more
German Chancellor Olaf Scholz has said that Germany will provide infantry fighting vehicles (IFV) to Greece so that the Greek government can pass on Soviet-style armaments to Ukraine. He went on to say that he had reached an arrangement with Greece’s prime minister. Mr. Scholz did not specify what type of infantry fighting vehicles Berlin … Read more
Scholz and Macron push Putin to release 2,500 Azovstal soldiers French President Emmanuel Macron and German Chancellor Olaf Scholz have requested that Putin discharge 2,500 Ukrainian contenders. Who stayed inside the Azovstal steel plant in Mariupol and who was taken prisoner by Russia. “The leader of the Republic and the German chancellor requested the arrival … Read more
Putin warns French and German leaders against the west sending weapons to Ukraine Putin has forewarned German Chancellor Olaf Scholz and French President Emmanuel Macron against furnishing Ukraine with weighty weapons in an 80-minute call. Conveyances of additional strong weapons represented the gamble of further undermining what is happening. And fueling the helpful emergency, Putin … Read more
German Chancellor Olaf Scholz vowed Berlin’s “complete support.” Finland’s president and prime minister confirmed their support for joining NATO, taking the Nordic country. They are one step closer to taking membership in the US-led military alliance. “I welcome Finland’s decision to speak out in favor of the country’s immediate accession to NATO,” Scholz tweeted. “In … Read more
On Monday, German Chancellor Olaf Scholz praised French President Emmanuel Macron’s proposal for a larger European club of countries outside the EU, which could include Ukraine or the United Kingdom. “I want to say explicitly that this is a very interesting suggestion,” Scholz told journalists, adding that he was “very pleased about the suggestion that … Read more
German Chancellor Olaf Scholz on Sunday defended his selections on Ukraine, right now rejecting criticisms that he has been performing too slowly even as also batting off calls to halt weapons deliveries to Kyiv. “I make my decisions quickly and in coordination with our allies,” he told Bild on Sunday. “I am suspicious of hasty … Read more
BERLIN: President Volodymyr Zelensky’s adviser claimed Kyiv wanted German Chancellor Olaf Scholz to come and commit further armament delivery, explaining the snub. On Tuesday, German President Frank-Walter Steinmeier said he had offered to visit Ukraine alongside other EU leaders, but Kiev had refused. German diplomats saw the action against Steinmeier, a former foreign minister who … Read more
HONG KONG – Asian markets mostly fell again Tuesday as investors try to assess the economic impact of the Ukraine war, while oil prices extended gains after rocketing to a near 14-year high. As Russia’s invasion of its neighbour continues, commodity prices have been sent to record or multi-year highs, forcing observers to re-evaluate their outlook … Read more
BRUSSELS – “Small boats may not survive a storm, but a giant ship is strong enough to brave a storm,” Chinese President Xi Jinping has said during a special address to the 2022 World Economic Forum (WEF) virtual session. As global leaders from political, business and academic circles explored new driving forces for economic growth, … Read more
