Less China, more USA: Volkswagen wants to reorganize its activity

Less China, more USA Volkswagen wants to reorganize its business 04/19/2022, 6:59 p.m. The war in Ukraine led to a redesign of Volkswagen. The group intends to “implement an ambitious growth plan” in the United States in the future. At the same time, he wants to make himself less dependent on China. Volkswagen wants to … Read more

IMF warns: This is how Putin is dragging down the global economy

It is the most important financial and economic policy meeting. At this year’s spring meeting of the International Monetary Fund (IMF) and the World Bank (WB) in Washington with representatives of the 20 major industrialized countries (G20), this week should in fact be devoted to the economic recovery after the corona pandemic, around billions in … Read more

Significantly weaker growth: the IMF lowers its forecasts

The numerous crises in the world will hamper long-term global economic growth, he warns International Monetary Fund. The war in Ukraine, but also the blockages in China, lead to significantly lower forecasts. The International Monetary Fund (IMF) is lowering its forecast for the global economy due to the war in Ukraine. “Overall, economic risks have … Read more

The Banque de France defends instant transfers

It accounts for just 3% of all transfers made in France, compared to 10% in the rest of Europe. The Banque de France on Tuesday encouraged individuals and professionals to make more use of instant transfers while France was under “a little delayin this area compared to its European neighbors. Despite a very significant increase … Read more

private debt accumulated during the pandemic could slow the recovery

According to an IMF report, this debt could slow GDP growth by 0.9% in developed countries and 1.3% in emerging countries over the next three years. Debt accumulated by individuals and businesses during the pandemic could slow GDP growth by 0.9% in developed countries and 1.3% in emerging markets over the next three years, according … Read more

Fed, energy costs and war: Wall Street suffers from fears of rising rates

Fed, energy costs and war Wall Street suffers from fears of rising rates 04/18/2022, 10:28 p.m. The state of the world isn’t exactly something investors are excited about right now. Added to this are the rise in energy prices and the prospect of a tightening of monetary policy by the Fed. At the start of … Read more

Zero-Covid endangers the Chinese economy

The radical zero-Covid strategy of the Chinese communist regime is taking revenge! Chinese authorities lock down entire cities over a handful of corona cases, imprison millions of people. Result: completely desperate citizens – and now also a messy economy! China’s economy started the new year with momentum, growing by an unexpected 4.8% in the first … Read more

Fatal fall from the car park: great sadness in Essen-Borbeck

Essen-Borbeck. In Essen-Borbeck, it is horror after the death of two young men. There is evidence of regular parties in the parking lot. “What happened here?” asks a twelve-year-old child, pointing to the yellow police markings. “Is this the place where people died,” he wants to know from his friends. The three stand on the … Read more

Oil and gas: Germany transfers record sums to Russia

Germany is still debating whether, given the war in Ukraine, it should be allowed to continue buying Russian energy. A new study now shows the amounts involved. According to calculations by the environmental organization Greenpeace, Germany will probably have to transfer record sums to Russia for oil and gas this year. According to the study, … Read more

Growth in China is recovering despite the shocks from Covid

AFP, published on Monday, April 18, 2022 at 08:34 China on Monday announced a rebound in its first-quarter growth of 4.8% over a year, despite “significant challenges” for the economy at a time when containment measures in Shanghai are severely affecting activity. While caution is warranted, the official figure for China’s gross domestic product (GDP) … Read more