Finance news

◇ unclassifiedusa · europe

Goodbye INDOPACOM: Pentagon reverts back to Pacific Command

The rechristening follows a series of other name changes inside the department under Defense Secretary Pete Hegseth.

Citizens' money: SPD against Dobrindt - Should basic security be cut?

Is the state too generous with citizens' money? The coalition has argued about this for a long time. New rules now apply from July 1st. Interior Minister Dobrindt sees the opportunity to save billions.

Social◇ unclassifiedgermany · usa · europe

Cancel VR Bank membership

Hello everyone, very briefly... I have had a membership (shares) with VR Bank for 20 years. 250 euros. It pays dividends of 8 euros every year. I haven't been there for 2 years, but at ing Diba. My bank advisor at the time said it wouldn't be a problem and the dividends would be transferred to the new account. It fits too. I just think I'd rather take all the money and cancel the membership. Is it possible that easily? Or would you let it stand? White n

30d06/17⚠ shipping-routes · 3/5

Falling Murban and Dubai Prices Open Arbitrage to U.S. and Europe

Crashing prices of Middle East’s key benchmark crudes in the wake of the U.S.-Iran deal have opened arbitrage for shipping oil from the Middle East to the United States and Europe, traders told Reuters on Wednesday. The earlier spot premiums of prices of the Dubai, Murban, and Oman crudes to swaps slumped into discounts this week after the market began pricing in an imminent reopening of the Strait of Hormuz following the tentative U.S.-Iran agreement. As a result of weakening Middle East crude

◇ unclassifiedmiddle-east · russia · usa

◇ unclassifiedgermany · europe · uk

Air traffic: Qantas wants to make London the first destination for the longest non-stop flights

The flights are part of the “Sunrise” project, which will later include non-stop flights to New York. The project involves investments worth billions of euros for Qantas.

Social◇ unclassifiedsocial-signal

Do you max your 401k/457b early in the year or spread contributions out?

So as of now, i contribute 13% to each. I have about 10.5 more pay periods to go before both are maxed out for the year (November time frame). For those of you with higher than normal salaries, do you go high in the first few months or just spread it out during the year. With over 50% funded for the year, its got me thinking if i should go heavy early or just stay the course. Just curious how you guys approach maxing out your tax deferred accounts. For the record, Roth IRA is fully funded

◇ unclassifiedgermany · europe · china

Raw materials: G7 want to reach a cap on raw material imports from China

The G7 countries are aiming for lower import dependencies for rare earths and magnets by 2030. Supply chains should become more resilient.

Mark Rutte: NATO chief confirms US cuts in force planning

The USA will have fewer military capabilities under NATO command in the future. NATO Secretary General Mark Rutte is trying to allay concerns.

◇ unclassifiedchina · asia

Afghan government workers face sack, jail after smartphone ban begins

Government workers in different parts of Afghanistan have started switching off their smartphones, following an order imposed on Wednesday that they said came from Supreme Leader Hibatullah Akhundzada. A letter announcing the ban on smartphones for all government employees started circulating on social media last week under the emblem of the Supreme Court, which has not responded to requests to comment. “All the heads of departments in their respective provinces are advised to inform their...

◇ unclassifiedgermany · europe · uk

Vonovia boss on hostility: Burning cars and harassed employees

In the debate about expropriations, Vonovia boss Luka Mucic sees increasing brutalization - and in the case of socialization "only losers".

◇ unclassifiedgermany · europe · australia

Spring conference in Hamburg: Interior ministers discuss fines and security issues

An association that represents people with Turkish roots is dissatisfied with the interior ministers. The police unions also have demands on the IMK. How to deal with fan violence is controversial.

◇ unclassifiedgermany · europe · japan

Open AI investor Son: “AI attacks like machine guns”

Japanese open AI investor Masayoshi Son is one of the biggest proponents of artificial intelligence. Now he warns clearly about their dangers - and wants to build an AI for cyber defense.

◇ unclassifiedgermany · europe · iran

Air traffic: Iran war dampens air traffic in Germany

The high prices and flight cancellations are often the reason. Seat availability is also stagnating. More cuts are planned because of the war.

◇ unclassifiedgermany · europe · china

Dangerous dependencies: G7 countries are aiming for a cap on rare earths from China

If China reduces exports of certain raw materials, industrial companies in the EU will have to reduce their production. The G7 countries want to free themselves from this dependence.

G7 summit: How long will the summit harmony with Trump last?

The Iran war has divided the USA and the Europeans. The hope for peace now brings them together again. And that offers opportunities for resolving another conflict.

High gas prices soak up more retail-sales dollars — and restaurants are paying the bill

Americans are spending more on gas and eating out less, a sign of stress on the economy tied to the conflict with Iran that’s forced consumers to shift more dollars to needs instead of wants.

◇ unclassifiedusa · iran

The Great Wealth Transfer is real — but the IRS or a nursing home might get your money first

From Medicaid cuts to an IRA tax trap, here are the real threats to your family’s inheritance and what to do about them.

◇ unclassifiedusa

◇ unclassifiedchina · asia · iran

‘Not final’: Trump flips again on Iran deal, plans press conference in France

US President Donald Trump said on Wednesday that the recently announced framework with Iran remained a work in progress rather than a finalised agreement, indicating that negotiations were still ongoing. He warned that if he was dissatisfied with the final terms, the situation could rapidly deteriorate and potentially return to active military conflict. “The text is not final; it’s a memorandum of understanding. If I don’t like it, we’ll go back to shooting at them, dropping bombs,” he said on..

Ebola epidemic: UN: Violence in Congo is driving up infections

The UN warned on Tuesday of difficulties in containing Ebola due to escalating violence in eastern Congo. The resulting refugee movements increased the risk of transmission, said a UN spokesman in New York.

USA: Lincoln Memorial Pool: Algae plague destroys Trump's wish

The National Park Service tried to combat an algae infestation in the Lincoln Memorial Pool on Tuesday. With an expensive renovation, the US President actually wanted to keep it shiny and “US flag blue”. Now it's green again.

◇ unclassifiedgermany · europe · uk

Ukraine War: Dead in attacks on cities in eastern and southeastern Ukraine

According to official information, several people were killed in Russian attacks on Ukraine on Tuesday evening. The cities of Zaporizhia and Slovyansk were among those affected.

New military agreement: Neighbors Germany and Poland deepen their cooperation

Germany and Poland have long been good neighbors across the Oder and Neisse rivers. Joint trade is booming. But given the global situation, military cooperation is also becoming more important.

Top meeting in Évian: Trump approaches G7 partners - praise from Merz

Expectations before the G7 summit in the picturesque health resort of Évian were rather poor. It is all the more surprising that the group actually finds a common language with US President Trump.

Comment: The fraternization between Poland and Germany has a special reason

Berlin and Warsaw are moving closer together in defense policy. Given our difficult shared history, this is not a given, but it makes sense.

Fire letter to EU leaders: 40 industrial groups are calling for a change of course on emissions trading

The EU's central climate protection instrument is to be put to the test. A number of well-known companies are positioning themselves before the reform. In a letter to the EU leadership, she warns of job losses.

◇ unclassifiedusa · europe

NATO Secretary General says US not ‘pulling away’ from allies

Rutte also repeated messaging around the need for NATO allies to ramp up weapons production and deliver a stronger industrial base by making “steady” increases to defense investment plans.

Burden sharing: NATO chief confirms US cuts in force planning

The USA will have fewer armed forces under NATO command in the future. NATO Secretary General Mark Rutte is trying to allay concerns.

◇ unclassifiedgermany · europe · iran

Iran War: Netanyahu's Work and Trump's Contribution: Israel's Dilemma

Israel has achieved military successes against Iran. Now the planned peace agreement is putting Prime Minister Netanyahu under pressure. Is he at risk of being eliminated in the parliamentary elections in the fall?

◇ unclassifiedusa · europe · china

Fair winds, INDOPACOM: Pentagon returns command name to US Pacific Command

U.S. Pacific Command was the formation's official name until 2018, when it was changed to U.S. Indo-Pacific Command.

Ten years of Pokémon Go: Why Pokémon are still hunted

Pokémon Go sparked global excitement and broke records in 2016. And millions still play it. Where does this loyalty come from?