Robert Habeck emphasized that his ministry had already examined a longer lifespan for German nuclear power plants before the Russian attack on Ukraine ... Show more
Nuclear power documents: Habeck remains calm despite allegations about nuclear phase-out
Nuclear power documents: Habeck remains calm despite allegations about nuclear phase-out
Quick Glance: CDU Official Demands Halt to Nuclear Power Plant Decommissioning
- A revelation from "Cicero" magazine indicates that the decision for Germany's nuclear phase-out was primarily driven by green anti-nuclear activists, sparking harsh criticism towards Economy Minister Robert Habeck.
- The Economy Ministry refutes the "Cicero" portrayal, emphasizing that decisions were based on transparent and open-ended evaluations.
- The CDU and FDP criticize Habeck, calling for clarification and a reassessment of the nuclear power plant decommissioning.
- Experts and politicians express concerns over potential public misrepresentation and the erosion of trust in the government due to the revelations from the documents.
At the start of the “Petersberg Climate Dialogue”, the Federal Foreign Minister called for more money to be invested in climate protection ... Show more
Petersberg Climate Dialogue: Baerbock calls for more money for international climate protection
Petersberg Climate Dialogue: Baerbock calls for more money for international climate protection
The economics minister has increased the growth expectations in Germany “moderately to 0.3 percent”. Nevertheless, further reforms are necessary ... Show more
Economy: Habeck expects slightly more growth again - and has new plans
Economy: Habeck expects slightly more growth again - and has new plans
The trial against former Hollywood producer Harvey Weinstein for sexual offenses must be reopened. The New York State Court of Appeals concluded that the judge ... Show more
Appeal: US court overturns historic verdict against Harvey Weinstein
Appeal: US court overturns historic verdict against Harvey Weinstein
Quick Glance: Harvey Weinstein’s 2020 Rape Conviction Overturned
- New York's highest court overturned Harvey Weinstein's 2020 rape conviction, disappointing those who celebrated historic gains during the #MeToo era.
- The ruling was based on legal technicalities and did not exonerate Weinstein's behavior, according to #MeToo advocates.
- Weinstein, convicted in Los Angeles for another rape, will face retrial in New York, despite remaining in prison.
- The court criticized the admission of uncharged sexual acts as evidence, deeming it an abuse of judicial discretion.
After Meta's price collapse, US investors are breathing a sigh of relief. The good figures from Google and Microsoft are particularly celebrated. Intel ... Show more
Intel share: Chip manufacturer disappoints with weak forecast
Intel share: Chip manufacturer disappoints with weak forecast
On Friday, the Bundestag passed a comprehensive package to accelerate and simplify solar expansion. This was preceded by a lively debate which the opposition ... Show more
Solar: What is changing for balcony power plants and solar parks
Solar: What is changing for balcony power plants and solar parks
Israel wants to gradually carry out its announced ground offensive on the city of Rafah in the south of the Gaza Strip. Germany and many other countries warn ... Show more
US military begins construction of sea bridge off Gaza coast
US military begins construction of sea bridge off Gaza coast
A hearing has begun at the US Supreme Court regarding former President Donald Trump's immunity from prosecution. He is said to have tried to overturn his ... Show more
Former US President: Trump wants to fight for immunity - Judges send first signals
Former US President: Trump wants to fight for immunity - Judges send first signals
The federal government is increasing its pressure on emerging countries with high CO2 emissions. Chancellor Olaf Scholz announced at the Petersberg Climate ... Show more
Petersberg climate dialogue: Scholz supports Baerbock's line on climate financing
Petersberg climate dialogue: Scholz supports Baerbock's line on climate financing
After corruption allegations against his wife, Pedro Sánchez is considering resigning from his position as Spanish Prime Minister ... Show more
Government crisis: Spanish Prime Minister Pedro Sánchez is considering resignation
Government crisis: Spanish Prime Minister Pedro Sánchez is considering resignation
Quick Glance: Spain's PM faces pressure over wife's corruption probe
- A Madrid court confirmed an investigation against Begoña Gómez for alleged influence peddling and corruption.
- Sánchez criticized the complaint as part of a harassment campaign against his wife.
- The probe relates to Gómez's ties to companies that received government funding.
- The opposition pushed for a statement from her regarding the investigation.
After a meeting with his Turkish counterpart Erdogan, the Federal President also commented on the Middle East war. “We want and must prevent the war from ... Show more
Israel and Hezbollah engage in heavy fighting
Israel and Hezbollah engage in heavy fighting
The shares of the US company Meta fell significantly at the start of trading. Markus Koch explained that the announcement by the Facebook parent company that ... Show more
Dow Jones, S&P, Nasdaq: US stock markets fall after economic data - Meta share crashes
Dow Jones, S&P, Nasdaq: US stock markets fall after economic data - Meta share crashes
Several former Trump confidants have to answer in court in the US state of Arizona for possible election manipulation, including Trump's former lawyer Rudy ... Show more
Election fraud: Former Trump confidants face charges in Arizona
Election fraud: Former Trump confidants face charges in Arizona
More and more students from US universities are taking part in pro-Palestinian protests. There were several arrests at the University of Los Angeles ... Show more
Israel and Hezbollah engage in heavy fighting
Israel and Hezbollah engage in heavy fighting
The Tiktok boss has defended himself against the allegations made against his company. Tiktok has the facts and the constitution on its side, said Shou Zi Chew ... Show more
Tech regulation: Tiktok averts EU fine for now - USA sets ultimatum
Tech regulation: Tiktok averts EU fine for now - USA sets ultimatum
In Russia, a deputy defense minister had to appear in a Moscow court the day after his arrest. Timur Imanov is accused of accepting bribes on a “particularly ... Show more
Ukraine War - The situation: Zelensky thanks USA for billions in aid
Ukraine War - The situation: Zelensky thanks USA for billions in aid
Tesla boss Elon Musk has announced new car models that are to be more affordable than previous models. Production is set to start between the end of 2024 and ... Show more
E-mobility: Tesla profits slump - Musk promises new models
E-mobility: Tesla profits slump - Musk promises new models
Quick Glance: Tesla: Prices Reduced in Germany - Musk's Strategies
- Tesla lowers prices in Germany to increase inventory and sales.
- Elon Musk addresses price complaints and emphasizes the need for flexible pricing.
- Buyers of Tesla vehicles during expensive phases may face depreciation.
- Tesla implements additional measures to boost sales, such as price cuts in the USA and adjustments in the Supercharger network.
The Federal Minister of the Interior has called for clarification in connection with the arrest of an employee of EU AfD top candidate Maximilian Krah ... Show more
Spying for China?: Employee of AfD top candidate Krah arrested
Spying for China?: Employee of AfD top candidate Krah arrested
Quick Glance: Investigation of Possible Payments from China and Russia to Maximilian Krah
- The General Prosecutor's Office in Dresden has officially initiated investigations against Maximilian Krah due to potential financial flows from Russian and Chinese sources.
- The AfD lead candidate for the European Parliament elections, Maximilian Krah, is the subject of two preliminary investigations at the General Prosecutor's Office in Dresden.
- Towards the end of last year, Krah was questioned by the FBI about possible payments from Kremlin-related sources, allegedly carrying a four-digit sum of money at that time.
- On Monday evening, German authorities arrested Jian G., a close associate of Krah, who is suspected of spying for the Chinese intelligence service in Germany.
The Federal Foreign Minister welcomed the approval of the US aid package worth billions. The EU will also discuss expanding support for Ukraine ... Show more
Baerbock: US aid to Ukraine secures European peace order
Baerbock: US aid to Ukraine secures European peace order
The German government has decided to increase pensions by 4.57% as of July 1. This is the third year in a row that the adjustment has been above four percent - ... Show more
Pension increase: pensioners to receive 4.57 percent more money
Pension increase: pensioners to receive 4.57 percent more money
The US Senate's release of military aid to Ukraine does not relieve Europe of its responsibility to support the country, emphasized German Chancellor Olaf ... Show more
Ukraine war: Scholz remains No to Taurus - despite new US aid
Ukraine war: Scholz remains No to Taurus - despite new US aid
Quick Glance: Scholz Reaffirms Taurus Rejection Despite US Aid
- Ukraine seeks Taurus missiles from Germany, but Chancellor Scholz reiterates rejection. Discussions are ongoing about alternative weapons for defense against Russia.
- Despite US aid to Ukraine with ATACMS missiles, Scholz maintains his refusal of Taurus. Germany and the UK emphasize their role as key weapons suppliers to Ukraine.
- The US Congress approved $61 billion in Ukraine aid, potentially enabling the delivery of ATACMS missiles with a range of 300 km. Discussions are underway about new types of weapons.
- Germany and the UK are jointly planning the development of a remote-controlled howitzer for ground operations. Scholz sticks to his rejection of Taurus delivery despite the US decision.
After months of discussions, the US Congress approved $61 billion in funding for Ukraine on Wednesday. Israel and Taiwan should also receive financial aid ... Show more
USA: US Senate passes Ukraine aid and anti-Tiktok law
USA: US Senate passes Ukraine aid and anti-Tiktok law
The asylum law initiated by British Prime Minister Rishi Sunak was passed by Parliament on Monday. Asylum seekers who enter Great Britain illegally will in ... Show more
Migration: British Parliament approves controversial law on deportations to Rwanda
Migration: British Parliament approves controversial law on deportations to Rwanda
Quick Glance: British Law on Deportation of Asylum Seekers to Rwanda
- The new British deportation law aims to curb illegal migration and secure the reelection of Prime Minister Rishi Sunak.
- However, experts doubt the effectiveness of the law in stopping illegal migration to the UK.
- Rishi Sunak is under significant pressure due to political challenges in the election year, including inflation and healthcare issues.
- The Rwanda law intends to deport migrants without valid papers to Rwanda, although the efficacy of the law is being questioned.
The Federal Constitutional Court has been hearing the traffic light government's plan since Tuesday. The CDU/CSU, among others ... Show more
Federal Constitutional Court: Union reiterates criticism of electoral law reform
Federal Constitutional Court: Union reiterates criticism of electoral law reform
During his trip to Turkey, the German President visited a historic train station with Istanbul's mayor. Pro-Palestinian demonstrators welcomed him there with ... Show more
Relations with Ankara: Federal President Steinmeier travels to Turkey
Relations with Ankara: Federal President Steinmeier travels to Turkey
Quick Glance: Frank-Walter Steinmeier in Turkey: Political Meeting in Istanbul
- Frank-Walter Steinmeier acknowledges the contributions of guest workers in Istanbul.
- Steinmeier emphasizes the importance of the relationship between Germany and Turkey.
- The President sends political signals by meeting with the Mayor of Istanbul.
- Steinmeier plans critical discussions with Turkish President Erdogan.
The Chancellor has appealed to NATO countries to provide Ukraine with additional Patriot anti-aircraft missile systems. “I took the opportunity to promote this ... Show more
Russian bomber crashes - Ukraine speaks of shooting down
Russian bomber crashes - Ukraine speaks of shooting down
Quick Glance: Russia Strikes Chernihiv: 18 Dead, Ukraine Appeals for Air Defense
- At least 18 people were killed and over 60 wounded in Chernihiv due to Russian missile strikes. Ukrainian officials emphasized that the attack could have been prevented with adequate air defense systems.
- Russia launched three Iskander cruise missiles at the city, located near the Russian border and previously encircled by Russian troops.
- Ukraine currently has three Patriot air defense systems but requires 26 for full coverage. Following appeals for more systems, Germany pledged to send an additional one.
- A $60 billion aid package for Ukraine is stalled in the US Congress, allowing Russia to exploit ammunition and air defense shortages and gain ground in the east.
Russia injured nine people, including four children, in a drone strike on the port city of Odessa, the Ukrainian military reported on Tuesday. In addition ... Show more
Chechen ruler Kadyrov seriously ill according to media report
Chechen ruler Kadyrov seriously ill according to media report
iPhone sales in China fell 19 percent year-on-year in the first quarter, according to Bloomberg. This is the worst quarter since 2022 ... Show more
Dow Jones, S&P, Nasdaq: US stock markets open in positive territory thanks to strong quarterly figures
Dow Jones, S&P, Nasdaq: US stock markets open in positive territory thanks to strong quarterly figures
The Federal Chancellor has spoken out in favor of an overhaul of the European Union's financial and banking sector. "We need better framework conditions for ... Show more
Banking Day: Scholz thanks banks and promises important reforms in the EU
Banking Day: Scholz thanks banks and promises important reforms in the EU
In the criminal trial against former US President Donald Trump, his defense rejected all 34 charges. If convicted of falsifying documents ... Show more
Hush money trial: Trump orchestrated criminal plot, prosecutors say
Hush money trial: Trump orchestrated criminal plot, prosecutors say
On Monday, the FDP passed a resolution paper to “accelerate the economic turnaround”. The concept envisages, among other things ... Show more
FDP: Citizens' benefit cut and pension at 63: Traffic light disputes over FDP concept
FDP: Citizens' benefit cut and pension at 63: Traffic light disputes over FDP concept
The Federal Foreign Minister announced further sanctions against the Iranian regime at the G7 meeting in Italy. Annalena Baerbock emphasized that everything ... Show more
Israel-Iran conflict: Even the powerful G7 countries despair of Netanyahu
Israel-Iran conflict: Even the powerful G7 countries despair of Netanyahu
The Chancellor visited the world's largest industrial exhibition in the Lower Saxony state capital on Monday. “I am very impressed by how artificial ... Show more
Hannover Messe opens: How AI is revolutionizing the industry
Hannover Messe opens: How AI is revolutionizing the industry
Measured by market capitalization, 43 percent of the stocks in the S&P 500 are publishing their numbers this week. The performance of the big tech stocks will ... Show more
Dow Jones, S&P, Nasdaq: US stock markets are up - Tesla shares lose
Dow Jones, S&P, Nasdaq: US stock markets are up - Tesla shares lose
The director of Israel's military intelligence service, Aharon Haliva, has resigned. Shortly after the Hamas attack in October ... Show more
Israeli military intelligence chief resigns
Israeli military intelligence chief resigns
The German stock index started the new week with a slight increase. “The de-escalation in the Middle East naturally calms and stabilizes the financial markets ... Show more
Dax current: Dax with slight gains - Company figures are in focus
Dax current: Dax with slight gains - Company figures are in focus
The director of the EU climate change service Copernicus has warned of the consequences of the enormous heat in Europe. “Hundreds of thousands of people were ... Show more
Real estate and climate: 4 risks that can make your home purchase expensive
Real estate and climate: 4 risks that can make your home purchase expensive
According to state media, Iran repelled a suspected Israeli air strike in the center of the country on Friday night. Nuclear facilities were not damaged by the ... Show more
Middle East: Explosions in Iran - US media reports attack by Israel
Middle East: Explosions in Iran - US media reports attack by Israel
The United States has vetoed the recognition of a Palestinian state in the UN Security Council. The US ambassador emphasized that a two-state solution could ... Show more
Lufthansa suspends flights to Tel Aviv and Erbil until Saturday morning
Lufthansa suspends flights to Tel Aviv and Erbil until Saturday morning
According to US media reports, the Israeli military attacked Iran with missiles on Thursday night. According to state media reports ... Show more
Middle East: Federal Foreign Minister Baerbock leaves Israel empty-handed
Middle East: Federal Foreign Minister Baerbock leaves Israel empty-handed
Fears of an expansion of the conflict between Iran and Israel are causing the Dax to slide into the red. “If things really escalate further ... Show more
Dax currently: Dax closes in the red - Losses limited after Iran attack
Dax currently: Dax closes in the red - Losses limited after Iran attack
The jury for the hush money trial against former US President Donald Trump has been set. The search had been difficult because many jurors said they were ... Show more
Court: From hush money to forgery - Donald Trump's criminal trial has begun
Court: From hush money to forgery - Donald Trump's criminal trial has begun
Negative comments are weighing on the shares of the US electric car maker Tesla. Deutsche Bank has downgraded the paper - and the price target was ... Show more
Dow Jones, S&P, Nasdaq: US stock markets close slightly in the red - Interest rate uncertainty burdens
Dow Jones, S&P, Nasdaq: US stock markets close slightly in the red - Interest rate uncertainty burdens
The trial against Thuringia's AfD leader began on Thursday in the regional court in Halle. Björn Höcke is accused of using a banned SA slogan ... Show more
Björn Höcke: Thuringia's AfD leader in court because of a banned slogan
Björn Höcke: Thuringia's AfD leader in court because of a banned slogan
Quick Glance: Charges Against Höcke: What Awaits Him?
- The trial against AfD leader Höcke revolves around the use of a banned SA slogan.
- Höcke is accused of using symbols of unconstitutional organizations.
- He denies understanding the significance of the 'Alles für Deutschland!' slogan.
- A conviction could impact the ongoing state election campaign in Thuringia.
At the G7 meeting in Italy, the Foreign Minister spoke out in favor of greater support for Ukraine in air defense. “We are experiencing dramatically that the ... Show more
Ukraine War: Robert Habeck visits Ukraine
Ukraine War: Robert Habeck visits Ukraine
Following the Iranian attack on Israel, the German Foreign Minister flew to Tel Aviv for talks. There, Annalena Baerbock appealed to the actors in the Middle ... Show more
Middle East: Foreign Minister Annalena Baerbock leaves Israel empty-handed
Middle East: Foreign Minister Annalena Baerbock leaves Israel empty-handed
The US electric car manufacturer Tesla wants to cut 14,000 jobs worldwide. Tesla boss Elon Musk has announced the massive job cuts in an internal memo ... Show more
Tesla: Elon Musk wants to lay off more than ten percent of employees
Tesla: Elon Musk wants to lay off more than ten percent of employees
Following Iran's attack on Israel, the Federal Foreign Minister has set off on a visit to Israel. "We will discuss how a further escalation ... Show more
Baerbock travels to Israel in the course of the day
Baerbock travels to Israel in the course of the day
Quick Glance: Israel artist calls for Gaza ceasefire
- The representative of Israel at the international art fair is calling for an immediate ceasefire in Israel’s war on Gaza.
- Ruth Patir’s video installation called (M)otherland was scheduled to open on Saturday at Israel’s national pavilion at the international art show but will remain closed for now.
- Patir stated on her website that the artist and curators are showing solidarity with the families of the hostages and the large community in Israel calling for change, rather than canceling themselves or the exhibition.
- It is believed that there are still individuals in Gaza, including 129 captives taken during the attacks led by Hamas on Israel on October 7, with 34 of them presumed dead.
Two German-Russian nationals were arrested in Bavaria. They are “strongly suspected of having worked for a foreign secret service in a particularly serious ... Show more
Espionage: Suspected agents with ties to Russia arrested in Bavaria
Espionage: Suspected agents with ties to Russia arrested in Bavaria
Quick Glance: Bavaria: Arrests for Alleged Espionage and Sabotage
- In Bavaria, two suspected spies with ties to Russia were arrested. They had been scouting potential targets, including US military facilities.
- One of the detainees planned arson and explosives attacks on military infrastructure in Germany. Authorities searched their homes and workplaces.
- A warrant was issued for suspected membership in a terrorist organization. The arrests are considered a significant breakthrough in combating the Russian espionage network.
- Federal Justice Minister Marco Buschmann emphasized the need for a resolute response to the threat posed by the Russian power apparatus.
Prime Minister Andrej Plenkovic's conservative HDZ party won 60 of 151 seats in the Croatian parliamentary elections, according to official figures ... Show more
Elections: Conservatives win parliamentary election in Croatia
Elections: Conservatives win parliamentary election in Croatia
More than 1,000 federal police officers, public prosecutors and tax investigators carried out a major raid on Wednesday targeting an international smuggling ... Show more
Crime: Major raid in eight federal states against smugglers - ten arrest warrants executed
Crime: Major raid in eight federal states against smugglers - ten arrest warrants executed
In Greece, thousands of people gathered in front of the parliament in the capital Athens on Wednesday to demonstrate for higher wages ... Show more
Protests: General strike paralyzes Greece
Protests: General strike paralyzes Greece
The state and EU heads of government have decided on new sanctions against the Islamic Republic. The focus is on companies that are needed for the production ... Show more
Defense against Iranian attack cost more than a billion dollars
Defense against Iranian attack cost more than a billion dollars
German Chancellor Olaf Scholz has discussed bilateral economic relations with high-ranking Chinese government representatives ... Show more
China trip: Xi warns Scholz against protectionism and names conditions for a Ukraine summit
China trip: Xi warns Scholz against protectionism and names conditions for a Ukraine summit
Quick Glance: Scholz Organizes Crisis Diplomacy in China
- Scholz condemns Iran's attacks on Israel and plans crisis communication with G7 partners.
- China trip focusing on economy and geopolitical role, despite dilemma in relations.
- Business delegation accompanies Scholz, de-risking in other countries, export wave heading towards Germany.
- Scholz aims to influence China regarding Ukraine conflict and Iran crisis, despite existing dependencies.
According to the authorities, at least 13 people have been killed in a rocket attack in the northern Ukrainian city of Chernihiv ... Show more
Selenski bemoans acute shortage of ammunition for artillery and air defense
Selenski bemoans acute shortage of ammunition for artillery and air defense
The quarterly figures published by some US companies on Tuesday largely fell short of market expectations. The airline United Airlines is an exception ... Show more
Dow Jones, S&P, Nasdaq: US stock exchanges open in positive territory thanks to strong corporate balance sheets
Dow Jones, S&P, Nasdaq: US stock exchanges open in positive territory thanks to strong corporate balance sheets
Prime Minister Andrej Plenkovic's conservative HDZ party is in danger of losing its majority in the Croatian parliament to the social democratic SDP led by ... Show more
Croatia: Court bans Croatian head of state's candidacy for parliament
Croatia: Court bans Croatian head of state's candidacy for parliament
In Copenhagen, the Old Stock Exchange building went up in flames. According to the emergency services, the fire ate its way into the tower of the historic ... Show more
Quick Glance: Devastating Fire Strikes Copenhagen's Old Stock Exchange
- A blaze engulfed Copenhagen’s historic former stock exchange in Denmark’s capital on Tuesday, with the spire being consumed by flames and collapsing.
- The fire spread across multiple floors of the monument, leading to the collapse of its roof, as reported by local fire department chief Jakob Vedsted Andersen.
- The tower, standing at 184 feet, featured a distinctive design resembling four intertwined dragons’ tails, symbolizing protection against enemies and fire, as indicated by tourism websites.
- Deputy Prime Minister Troels Lund Poulsen referred to the incident as Denmark’s unique moment akin to Notre Dame, alluding to the 2019 fire in the roof of the Parisian landmark.
One question on Wall Street's mind: How will Israel respond to Iran's attack? The reporting season is off to a satisfactory start with solid figures from ... Show more
Dow Jones, S&P, Nasdaq: US stock markets start little changed thanks to strong bank balance sheets
Dow Jones, S&P, Nasdaq: US stock markets start little changed thanks to strong bank balance sheets
The criminal trial against Donald Trump in connection with hush money payments to a porn actress has begun. The Republican presidential candidate continues to ... Show more
Court: From hush money to forgery - Donald Trump's criminal trial has begun
Court: From hush money to forgery - Donald Trump's criminal trial has begun
The German Foreign Minister has warned against an escalation of the conflict between Iran and Israel. "Really no one can have any interest in a conflagration ... Show more
Israel: Conflict with Iran: "Whoever attacks us, we attack them"
Israel: Conflict with Iran: "Whoever attacks us, we attack them"
North Korea celebrated the 112th birthday of its founder Kim Il Sung on Sunday. In images broadcast on state television, North Korean students were seen ... Show more
The Bundestag passed the Self-Determination Act on Friday. Politicians from the traffic light coalition welcomed the decision. In future ... Show more
trade journal
trade journal
The Iranian attack on Israel did not initially impress Dax investors at the start of the week. The stock markets had already begun to price in the risk of an ... Show more
Dax current: Dax is in the plus despite concerns about Middle East escalation
Dax current: Dax is in the plus despite concerns about Middle East escalation
At a meeting of the United Nations Security Council, Antonio Guterres condemned Iran's drone and missile attack on Israel ... Show more
Baerbock wants to extend sanctions against Iran
Baerbock wants to extend sanctions against Iran
On Wednesday, the federal government approved a key points paper for the reconstruction of Ukraine by Development Minister Schulze ... Show more
Ukraine wants to take criminals into the army
Ukraine wants to take criminals into the army
Iran attacked Israel with drones and missiles on Sunday night. The spokesman for the Israeli military described Iran's actions as "very serious" ... Show more
Middle East: Iran attacks Israel with drones and missiles
Middle East: Iran attacks Israel with drones and missiles
The Vietnamese real estate entrepreneur Truong My Lan has been sentenced to death in her home country for serious fraud. Lan was accused of having obtained the ... Show more
Truong My Lan: Entrepreneur sentenced to death in Vietnam for financial fraud
Truong My Lan: Entrepreneur sentenced to death in Vietnam for financial fraud
Quick Glance: Death Sentence for Real Estate Tycoon in Vietnam's Largest Fraud Case
- Truong My Lan, a prominent businesswoman and real estate tycoon, was sentenced to death in Vietnam's largest financial fraud case, marking a shocking development in the country's escalating anti-corruption campaign.
- Born in 1956, Lan founded the Van Thinh Phat company with her family in 1992, which grew to become one of Vietnam's richest real estate firms linked to some of Ho Chi Minh's most valuable properties.
- She was accused of using the bank as her cash cow, illegally controlling it between 2012 and 2022, and using thousands of 'ghost companies' in Vietnam and abroad to give loans to herself and her allies.
- Her arrest in October 2022 falls within a period of increased anti-corruption efforts in Vietnam ramping up since 2022, impacting the country's economic outlook and unsettling foreign investors.
The ECB President announced on Thursday that she would leave interest rates unchanged for the time being. "The incoming information has largely confirmed our ... Show more
Monetary policy: ECB leaves little doubt about interest rate cut in June
Monetary policy: ECB leaves little doubt about interest rate cut in June
Chinese economic data for March is causing headwinds on Wall Street. Global exports fell by 7.5 percent compared to the same month last year ... Show more
Dow Jones, S&P, Nasdaq: Disappointing bank balance sheets depress Wall Street
Dow Jones, S&P, Nasdaq: Disappointing bank balance sheets depress Wall Street
The Federal Minister of the Interior presented the police crime statistics on Tuesday. In 2023, 5.9 million crimes were recorded nationwide, said Nancy Faeser ... Show more
Crime statistics: number of crimes on the rise - especially many violent crimes
Crime statistics: number of crimes on the rise - especially many violent crimes
Hundreds of people gathered again in Tel Aviv, Israel, on Thursday to protest against the policies of their Prime Minister Benjamin Netanyahu ... Show more
Israel reports first aid delivery via new crossing to northern Gaza
Israel reports first aid delivery via new crossing to northern Gaza
In a conversation with Belarus' ruler Alexander Lukashenko, the Russian president justified the shelling of Ukrainian energy infrastructure ... Show more
International Atomic Energy Agency warns of nuclear accident
International Atomic Energy Agency warns of nuclear accident
Tensions between Iran and Israel continue to escalate. In view of a possible attack by Iran, Israeli Prime Minister Benjamin Netanyahu declared that his ... Show more
Report: Iran wants to avoid escalation in retaliation against Israel
Report: Iran wants to avoid escalation in retaliation against Israel
Several family members of Hamas foreign chief Haniyeh were killed in an Israeli airstrike in the Gaza Strip. The attack on his sons will not make Hamas change ... Show more
Sons of Hamas leader Hanija killed in Israeli attack
Sons of Hamas leader Hanija killed in Israeli attack
The US may forgo further prosecution of Julian Assange. In February, Australian Prime Minister Anthony Albanese supported a motion calling for the Wikileaks ... Show more
WikiLeaks: Biden may refrain from further prosecution of Assange
WikiLeaks: Biden may refrain from further prosecution of Assange
Quick Glance: Contemplating Prosecution Cessation for Wikileaks Founder Julian Assange
- President Joe Biden is contemplating Australia's request to cease the long-standing U.S. effort to prosecute Wikileaks founder Julian Assange for revealing American classified documents.
- There is a disparity in the treatment of Assange and Manning, with Obama shortening Manning's sentence while Assange remains under indictment. Supporters of Assange argue he is a journalist protected by the First Amendment who exposed U.S. military misconduct in Iraq and Afghanistan.
The European Parliament has passed the controversial reform of the common asylum system Geas. This paves the way for stricter controls at the EU's external ... Show more
EU Parliament votes in favor of asylum reform - the most important questions and answers
EU Parliament votes in favor of asylum reform - the most important questions and answers
Russia attacked critical infrastructure targets in five Ukrainian regions on Thursday night. In view of similar attacks, the government in Moscow had declared ... Show more
Pistorius compares Putin to Hitler
Pistorius compares Putin to Hitler
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