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Politics: AfD party conference in Erfurt: That's what this weekend is about

The AfD dual leadership is likely to be confirmed unchallenged. The second row will be exciting: Höcke's confidante Stefan Möller is running as vice-president. Authorities are expecting massive protests.

◇ unclassifiedgermany · europe

14d07/02⚠ war-conflict · 1/5

L&S after TR announcement

Update: L&S has now issued a profit warning. With the 30 exchanges at TR, L&S is losing by far its largest customer. submitted by /u/Logical_Actuary_3957 [link] [comments]

Social◇ unclassifiedgermany

Google loses fight over record $4.7 billion EU antitrust fine

In 2018, the European Commission slapped Google with the record-breaking penalty on the grounds that it abused Android's mobile dominance.

◇ unclassifiedusa · europe

Price jump: End of the fuel discount causes fuel prices to rise significantly

According to the ADAC, the expiry of the tax cuts for petrol and diesel has led to a jump in prices at the pumps. According to this, the nationwide average price of fuel increased by up to 20.4 cents per liter at lunchtime.

◇ unclassifiedgermany · europe

Anyone here with real experiences about tax residence / moving to another EU country for lower or no capital gain taxes after holding stocks/ETFs a certain period of time ?

So, if you basically move for a longer period of time like more that 5 years in another EU country with a more friendly capital gain taxation , do you need to change your fiscal residence from your native country to the new adoptive country ? I heard that if you move in another EU country, even for a long period of time, the broker is obliged to send the fiscal informations (sales) to your native fiscal jurisdiction which is written in your Identity document, of course if you didn't already chan

Social◇ unclassifiedeurope

Why Hong Kong has become this year’s worst-performing stock market

There are many disconnects in financial markets. One of them is Japan’s benchmark 10-year bond yield, which currently stands at just 2.7 per cent despite the country’s large public debt burden – more than 240 per cent of economic output. Although Japanese bond yields have risen sharply in the past three years, the 10-year yield is slightly lower than that of Germany, whose government debt as a percentage of economic activity is around one-quarter the size of Japan’s. Another anomaly is the...

◇ unclassifiedchina · asia · germany

Tensions in the Indo-Pacific: US diplomat: Taiwan must become a 'hornet's nest' of drones

Taiwan faces ongoing threats from China. The island republic has been relying on deterrence for a long time. A US diplomat sees an opportunity and draws a comparison with the animal world.

◇ unclassifiedgermany · europe · china

14d07/02⚠ war-conflict · 2/5

Black-red coalition: This is in the coalition's reform package

The CDU, CSU and SPD want to use the reforms to strengthen growth in Germany. To achieve this, they agreed on comprehensive changes in the areas of taxes, health, pensions and bureaucracy.

◇ unclassifiedgermany · europe

Drinks: Coca-Cola increases prices again

Coke, Fanta, Sprite: Coca-Cola drinks are consumed by many people. Starting in September, the company will charge higher prices for its lemonades.

◇ unclassifiedgermany · europe

Armaments industry: Rheinmetall receives major order for air defense system

Rheinmetall receives a major order for Skynex. Vehicles, ammunition and integrated logistical support have been ordered.

◇ unclassifiedgermany · europe

14d07/02⚠ war-conflict · 2/5

AI: ECB calls for more cybersecurity at banks

The ECB's top banking supervisor warns of cyber threats from artificial intelligence. It demands that institutes permanently invest billions in IT security.

◇ unclassifiedgermany · europe

China Citic Tower plane crash pilot ‘suffered from anxiety’

The pilot of a small plane that crashed into Beijing’s tallest building last week had long suffered from anxiety and discussed “ending his life” in his diary, authorities in the Chinese capital said on Thursday. In a brief summary of an investigation, the Chaoyang district government said the pilot was a 66-year-old Beijing resident, identified only by his surname Liu. Liu died when the light aircraft he was flying struck Citic Tower in the capital’s central business district on Friday. The...

◇ unclassifiedchina · asia

Car costs: Fuel prices: Super, a daily average of over 2 euros

The end of the fuel discount has caused prices to rise - but diesel still remains below the emotionally charged mark.

◇ unclassifiedgermany · europe

Chinese Teapots Snap Up Middle East Crude As Prices Slide

Chinese private refiners are buying Middle Eastern crude on the spot market amid falling prices, Bloomberg reported today, citing two purchases of Saudi and Emirati crude. According to the report, one teapot refiner, Rongsheng Petrochemical Co. bought a cargo of Saudi crude for prompt delivery this month, and another, Shengdong petrochemical Group Co. snapped up an Emirati Upper Zakum crude cargo. A third private refiner from China bought a cargo of Iraqi Basrah crude for delivery next month, un

◇ unclassifiedmiddle-east · russia · usa

Reforms for Germany: This is in the coalition's reform package

In recent surveys, fewer and fewer citizens trust the federal government to solve the country's problems. Now the CDU, CSU and SPD are delivering.

◇ unclassifiedgermany · europe

Heat wave: More than 800 heat deaths in Germany

The Robert Koch Institute estimates the heat-related deaths to be around 800 by June 21st. And that was even before the extreme heat phase began with regional temperatures over 40 degrees.

◇ unclassifiedgermany · europe

Drone manufacturer: Quantum Systems raises over a billion dollars

Quantum Systems wants to further develop its drones with billions in financing. According to the board, the company's valuation has doubled to eight billion dollars.

◇ unclassifiedgermany · europe

Handelsblatt Live: Now in the video stream: Commerzbank takeover – danger or opportunity for Germany?

Commerzbank is defending itself against a takeover by the major Italian bank. Rightly so? Two economists will discuss this in a debate today - and answer your questions live.

◇ unclassifiedgermany · europe

Handelsblatt Live: Commerzbank takeover – danger or opportunity for Germany?

Commerzbank is defending itself against a takeover by the major Italian bank. Rightly so? Two economists will discuss this in a debate today - and answer your questions live.

◇ unclassifiedgermany · europe

14d07/02⚠ war-conflict · 2/5

Decline in orders: Weak demand from the euro area is weighing on mechanical engineering companies

Mechanical engineers in Germany have slightly fewer orders than in the previous year. The industry remains on hold, says the VDMA association.

◇ unclassifiedgermany · europe · australia

Sun is setting on US dominance of the world, scholar Wu Xinbo says

Wu Xinbo is the dean of the Institute of International Studies at Fudan University in Shanghai and a leading Chinese researcher on the US. In this interview, he analyses how shifts in US foreign policy are changing the relationship between the two countries. SCMP Plus readers get early access to articles in the Open Questions series. As the United States celebrates its 250th anniversary, how do you assess US foreign policy and the future direction of its relations with China? Simply put, US...

◇ unclassifiedchina · asia · usa

Protests and party leadership: AfD party conference in Erfurt: That's what this weekend is about

The AfD meets in Erfurt for the federal party conference. Opponents want to prevent the meeting with blockades; it will be a major operation for the police. A look at the upcoming weekend.

◇ unclassifiedgermany · europe

Grünheide: Spaceship Tesla

Tesla is increasing production targets for its factory in Grünheide. In place of gloomy forecasts for the future, another topic will soon emerge in the public debate about the location.

◇ unclassifiedgermany · europe · uk

Armament: Rheinmetall receives major order for air defense system

The Düsseldorf-based defense company wants to deliver four Skynex systems to an international customer. The contract value is several hundred million euros.

◇ unclassifiedgermany · europe

Antitrust law: ECJ confirms record competition fine for Google

Many apps from Google are set as default on Android phones. The European Court of Justice ruled that this was a breach of competition law and confirmed a fine worth billions.

◇ unclassifiedgermany · europe

Indonesia’s Widodo backs son’s party for 2029 election with new political tour

Indonesia’s former president Joko Widodo has begun a nationwide political tour that analysts say is aimed at transforming his younger son’s small party from a marginal player into a significant force before the 2029 elections. Widodo, popularly known as Jokowi, kicked off the tour in Lampung on Friday, using the visit to appear alongside Indonesian Solidarity Party (PSI) officials and accept a local royal title, signalling that he remains a force in Indonesian politics after leaving...

◇ unclassifiedchina · asia

14d07/02⚠ war-conflict · 2/5

Why the World Bank is winding down loans to China amid a ‘natural’ shift

Beijing has downplayed reports that the World Bank will phase out lending to China by 2031, with the Ministry of Finance noting that the nation’s advancing economy and changing development needs were shifting cooperation away from financing and towards knowledge sharing. “This is the natural result of changing domestic needs and the transformation of bilateral cooperation,” the ministry said in a statement on Wednesday, referring to the World Bank’s declining lending to China in recent...

◇ unclassifiedchina · asia · usa

Clogged pipeline: Many Hong Kong IPO hopefuls near application expiration

A large number of mainland Chinese companies hoping to list shares on the Hong Kong stock exchange are anxiously waiting for a nod from the mainland securities regulator, with many now at risk of having their listing applications lapse. More than 430 companies were currently waiting in the initial public offering (IPO) pipeline, according to data from bourse operator Hong Kong Exchanges and Clearing (HKEX). More than 30, including mainland supermarket chain Qiandama and EVE Energy, a...

◇ unclassifiedchina · asia · usa

Orders in May: Mechanical engineering is struggling with weak demand from the euro area

The mechanical engineering industry is hoping for new impetus: orders fell slightly in May, and demand remained weak, especially from the euro partner countries.

◇ unclassifiedgermany · europe

Neobroker: Now Trade Republic is also introducing the 2 euro order

An EU ban leads to loss of income for neobrokers. Trade Republic is responding to this by adapting its fee model - and targeting a new customer group.

◇ unclassifiedgermany · europe

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