Germany should avoid Chinese tech in infrastructure, minister says ｜ DPA:
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| Last Updated | Mar 24 23 |
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New questions about the nuclear phase-out: explosive for the “Realo” Habeck: A year ago, the traffic light shut down the remaining nuclear power plants and made ...
faz.net/aktuell/wirtschaft/neue-fragen-zum-atomausstieg-brisant-fuer-den-realo-habeck-19681520.html
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.
Robert Habeck under pressure: Germany's nuclear phase-out was about ideology: Internal correspondence shows: At the height of the energy crisis ...
nzz.ch/der-andere-blick/robert-habeck-unter-druck-beim-deutschen-atomausstieg-ging-es-um-ideologie-ld.1827929
Quick Glance: German Exit from Nuclear Energy: Ideology Over Pragmatism
- During an energy crisis, green ministries in Germany pushed through the nuclear energy phaseout, disregarding warnings and prioritizing ideological goals over energy security.
- Internal communications reveal that high-ranking green officials ignored and twisted facts to advance the nuclear phaseout, even if it raised safety concerns.
- The origins of the energy transition were not primarily focused on climate change but aimed to eliminate nuclear energy and transition to renewables and coal.
- The decommissioned nuclear power plants now serve as monuments to a green misstep that led Germany into an energy policy tragedy, potentially hindering the construction of new nuclear power plants.
TikTok will not be sold, Chinese parent ByteDance tells US: The video sharing app faces being banned in the US unless it severs ties with its China's ByteDance.
bbc.com/news/articles/c289n8m4j19o
Quick Glance: Chinese TikTok App Sale Required for National Security Measures
- A newly enacted law mandates the sale of the Chinese-owned TikTok app to address national security concerns.
- According to experts, China has intensified its online information operations in recent years to advance its broader objectives.
- China has actively sought to leverage TikTok to influence politics in Taiwan, yet these endeavors ultimately proved unsuccessful.
- While TikTok was utilized in these publicly identified Chinese operations, researchers have not observed a specific emphasis on the app compared to other popular platforms.
Nuclear phase-out of the traffic light: explosive for the “Realo” Robert Habeck: A year ago, the traffic light shut down the remaining nuclear power plants and ...
faz.net/aktuell/wirtschaft/atomausstieg-der-ampel-brisant-fuer-den-realo-robert-habeck-19681520.html
TikTok ban could escalate US-China trade war, ex-White House CIO tells The Reg: Doing business in Beijing? 'You need to do a what-if scenario'
theregister.com/2024/04/26/tiktok_ban_payton/
Quick Glance: ByteDance Would Consider Closing TikTok in US Over Sale, Sources Claim
- ByteDance would prefer to cease TikTok operations rather than engage in a sale if all legal avenues are exhausted to combat potential legislation banning the platform in US app stores, as per four sources.
- Despite TikTok's massive popularity with over a billion users, it remains unprofitable, contributing a small fraction to ByteDance's overall revenues and daily active user base.
- ByteDance stated on Thursday in a release on Toutiao, a media platform it possesses, that there are no intentions to sell TikTok, in response to claims from The Information about ByteDance exploring sale scenarios for TikTok's US operations excluding the recommending algorithm for user videos.
- As of December, ByteDance's valuation stood at $268 billion when it proposed a buyback of approximately $5 billion in shares from investors.
China warns US of rising ‘negative factors’ in bilateral ties: World is watching to see if rivalry will ‘break out into conflict’, foreign minister Wang Yi tells ...
ft.com/content/246c9e16-1dc9-432d-990c-11660f9c7d56
Key issues discussed by Blinken in talks with Chinese leaders: U.S. Secretary of State Antony Blinken met his Chinese counterpart Wang Yi and Chinese leader Xi ...
reuters.com/world/key-issues-discussed-by-blinken-talks-with-chinese-leaders-2024-04-26/
Quick Glance: China Emphasizes Stronger Collaboration with US Amid Challenges
- China stresses the importance of enhanced cooperation with the United States despite facing significant obstacles.
- Xi emphasized to the US Secretary of State on Friday that the two superpowers 'should be partners rather than rivals' and should support each other's success, as reported by the state news agency Xinhua.
- During the five and a half hours of discussions, Blinken raised the issue of 'Chinese support to the Russian defence industrial base', and contentious topics such as Taiwan and the South China Sea were also addressed.
- Recent years have seen tumultuous China-US relations, exacerbated by factors including a trade war, a visit by then-House of Representatives Speaker Nancy Pelosi to Taiwan in 2022, and a dispute over the US downing of a suspected Chinese surveillance balloon last year.
56 percent at the beginning of the year: Renewables are producing more and more electricity in Germany
n-tv.de/wirtschaft/Erneuerbare-produzieren-immer-mehr-Strom-in-Deutschland-article24902492.html
Two indicted for illegally exporting chip gear from US to China: One Chinese national arrested in Chicago while another suspect thought to be abroad
theregister.com/2024/04/26/2_indicted_for_illegal_china_exports/
US Secretary of State Antony Blinken snapped up a Taylor Swift album along with one by classic Chinese rocker Dou Wei during an unexpected detour to a Beijing ...
reut.rs/49WFGGS
Department store group: Galeria is apparently closing 16 of its 92 department stores
spiegel.de/wirtschaft/unternehmen/galeria-schliesst-offenbar-16-seiner-92-warenhaeuser-a-b328c096-c24f-4445-891e-07c6c1bfb869
Political quake after nuclear power plant papers: Why don't the Tagesschau and meine-Journal report?
berliner-zeitung.de/politik-gesellschaft/politisches-beben-nach-akw-papieren-warum-berichten-tagesschau-und-heute-journal-nicht-li.2209659
Now the “Cicero” journalist who published secret nuclear files speaks: For a year and a half, “Cicero” editor Daniel Gräber fought for the release of secret ...
focus.de/finanzen/cicero-redakteur-daniel-graeber-habecks-albtraum-dieser-mann-klagte-atom-akten-frei-und-loeste-polit-beben-aus_id_259891192.html
Kremlin designed concept to achieve “majority in elections at all levels” for AfD
welt.de/politik/deutschland/article251241360/Kreml-entwarf-Konzept-um-fuer-AfD-Mehrheit-bei-Wahlen-auf-allen-Ebenen-zu-erreichen.html
Legal lower limit: Klingbeil demands significantly higher minimum wage: Will the minimum wage soon rise to 14 or even 15 euros? If SPD leader Klingbeil has his ...
spiegel.de/wirtschaft/soziales/mindestlohn-lars-klingbeil-fordert-deutliche-anhebung-der-untergrenze-a-efacab21-4cda-48ad-8bba-af5327377b4b
Tagesschau does not mention the scandal in the Habeck Ministry at all: If the Federal Ministry of Economics and the Federal Environment Ministry are possibly ...
focus.de/politik/deutschland/ein-kommentar-von-josef-seitz-fuer-den-skandal-im-habeck-ministerium-hat-die-tagesschau-nicht-eine-sekunde-zeit_id_259890032.html
Viral Tiktok Video: Can't Find a Job Because of Tattoos?: Experts told Business Insider how likely it is that you won't get a job because of your tattoos.
businessinsider.de/leben/international-panorama/virales-tiktok-video-findet-man-wegen-tattoos-keinen-job/
Nuclear power: Internal papers put Robert Habeck in need of explanation: According to a media report, specialists from the German Ministry of Energy are said to ...
nzz.ch/international/so-hat-robert-habeck-beim-atomausstieg-getrickst-ld.1827925
Porsche starts with sales and profit slump in the year: Porsche is renewing its model range: But costs are causing sales and profits to collapse in the first ...
faz.net/aktuell/wirtschaft/unternehmen/porsche-startet-mit-umsatz-und-gewinneinbruch-ins-jahr-19682453.html
Beijing auto show: Foreign automakers eager for Chinese partners: Global automakers including Volkswagen and Toyota came to this year's Beijing auto show looking ...
reuters.com/business/autos-transportation/foreign-automakers-eager-chinese-partners-beijing-auto-show-2024-04-26/
Chinese owner denies it’s willing to sell TikTok as US ban looms: TikTok’s Chinese parent company ByteDance said Thursday that it has no plans to sell the social ...
cnn.com/2024/04/25/business/bytedance-denies-reports-selling-tiktok-intl-hnk/
Quick Glance: TikTok Ban Threat: ByteDance Prefers Closure Over Sale, Insiders Say
- ByteDance, the owner of TikTok, would prefer to shut down its loss-making app rather than sell it if all legal options to fight legislation to ban the platform from app stores in the US are exhausted, said four sources.
- TikTok accounts for a small share of ByteDance’s total revenues and daily active users, so the parent would rather have the app shut down in the US in a worst-case scenario than sell it to a potential American buyer, they said.
- ByteDance would not agree to sell one of its most valuable assets – its “secret source” – to rivals, said the four sources, referring to the TikTok algorithm.
- After facing challenges regarding bans, the short-form video app has encountered partial and attempted prohibitions in the US and other nations.
Insight: Why BYD's EV exports sell for twice the China price: U.S. and European politicians have raised alarms that their domestic auto industries could be ...
reuters.com/business/autos-transportation/why-byds-ev-exports-sell-twice-china-price-2024-04-26/
Exclusive: Half of Russia's payments to China made through middlemen, sources say
reuters.com/business/finance/half-russias-payments-china-made-through-middlemen-sources-say-2024-04-26/
Chinese automakers show off AI-powered 'smartphones on wheels': BEIJING -- XPeng, Geely and other Chinese automakers are showing off innovative new ...
asia.nikkei.com/Business/Automobiles/Chinese-automakers-show-off-AI-powered-smartphones-on-wheels
WADA to launch independent review into Chinese doping case: The under-fire World Anti-Doping Agency (WADA) said on Thursday it would launch an independent review ...
reut.rs/3WbJ6SQ
Chinese Stocks Draw Record $3 Billion Influx by Global Funds: Sentiment has clearly turned for the better toward Chinese equities with overseas investors ...
bloomberg.com/news/articles/2024-04-26/chinese-stocks-draw-record-3-billion-influx-by-global-funds
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Nobel restaurant in Günther Jauch's villa is closing - for three reasons: Under the leadership of Berlin star chef Tim Raue, Jauch opened the restaurant in the ...
focus.de/panorama/in-potsdam-villa-kellermann-von-guenther-jauch-das-nobelrestaurant-am-heiligen-see-in-potsdam-schliesst_id_259890700.html
Job fears in the automotive industry: electromobility forces job cuts: The automotive industry is one of the largest employers in Germany. But electromobility is ...
faz.net/aktuell/wirtschaft/unternehmen/job-angst-in-der-autoindustrie-elektromobilitaet-erzwingt-stellenabbau-19676214.html
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China Launches New 3-member Crew to Its Space Station: This year, the Chinese station is slated for two cargo spacecraft missions and two manned spaceflight ...
thediplomat.com/2024/04/china-launches-new-3-member-crew-to-its-space-station/
“If experts didn’t get through to Habeck, that would be very worrying”: Economics Minister Robert Habeck apparently did not listen to his experts when it came to ...
focus.de/finanzen/experten-zu-cicero-enthuellung-so-viel-hat-sie-habecks-atomausstieg-gekostet_id_259889421.html
Trust “massively damaged”? Habeck Ministry is now reacting to the explosive nuclear power report
merkur.de/politik/habeck-ministerium-reagiert-auf-atomkraft-bericht-ohne-kontext-zr-93034108.html
Lilium and Volocopter bosses push for state aid: Because the development costs a lot of money, the air taxi providers want help from the state ...
businessinsider.de/gruenderszene/automotive-mobility/finanzieller-druck-chefs-von-lilium-und-volocopter-fordern-staatliche-unterstuetzung/
Climate summit in Berlin: A world without coal: In times of tight national coffers, the question remains where the billions for the climate will come from ...
zdf.de/nachrichten/politik/ausland/petersberger-klimadialog-finanzierung-100.html
Toyota teams up with Tencent for drive into China's EV market: BEIJING -- Toyota Motor said on Thursday that it is forming a strategic alliance with Chinese ...
asia.nikkei.com/Business/Business-deals/Toyota-teams-up-with-Tencent-for-drive-into-China-s-EV-market
Paid articlePaidQuick Glance: Toyota and Tencent Collaborate for Entry into China's EV Market
- Toyota announces strategic alliance with Tencent to develop artificial intelligence, cloud computing, and big data for electric vehicles in China.
- Japanese automaker Toyota has been facing challenges in the Chinese market due to aggressive pricing and marketing by local competitors.
- Collaboration with Tencent focuses on developing in-car software crucial for next-generation vehicles.
- Demand for electric vehicles in China is rapidly growing, and Toyota aims to accelerate in this sector.
Large corporation announces job cuts and wants to close several plants: Thyssenkrupp Schulte has announced significant job cuts and also wants to close several ...
fr.de/wirtschaft/grosskonzern-kuendigt-stellenabbau-an-und-will-mehrere-werke-schliessen-zr-93033291.html
Blinken meets Chinese President Xi as US-China spar over key issues: Recent months have seen more frequent talks between the two sides, despite growing ...
euronews.com/2024/04/26/antony-blinken-meets-chinas-president-xi-as-us-and-china-spar-over-issues
Union threatens Habeck with consequences in debate about nuclear power plant documents
faz.net/aktuell/wirtschaft/klima-nachhaltigkeit/union-droht-habeck-in-debatte-um-akw-dokumente-mit-konsequenzen-19679877.html
Climate money: The price increase is intentional: Prices have been rising for years, and emissions trading is also making an increasing contribution to this ...
t-online.de/klima/kolumne-sara-schurmann/id_100393940/klimageld-der-preisanstieg-ist-beabsichtigt.html
Flixtrain and Tui: Is the train now facing more competition?: Deutsche Bahn is almost a monopolist in long-distance transport. Now Flixtrain is massively ...
sueddeutsche.de/wirtschaft/flixtrain-deutsche-bahn-konkurrenz-1.6601905
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Chinese cognac sales drive Remy Cointreau to Q4 sales beat: Remy Cointreau reported a far smaller-than-expected fall in fourth-quarter sales on Friday ...
reuters.com/business/retail-consumer/remy-cointreau-reports-better-than-expected-q4-sales-2024-04-26/
Big pension increase in the summer but was that it?: Pensions will rise more sharply in July than previously thought. But the increases could shrink ...
merkur.de/wirtschaft/grosse-rentenerhoehung-im-sommer-zukunft-rente-inflation-inflationspraemie-rentner-kaufkraft-zr-93032410.html
Report: Russia is said to have planned AfD strategy with a “manifesto” - Party denies
berliner-zeitung.de/news/bericht-russland-soll-afd-strategie-mit-manifest-geplant-haben-partei-dementiert-li.2209906
Study: AfD is the strongest party among young voters - these are the reasons: A new study surprises with its results on the voting behavior of young people: ...
infranken.de/deutschland/studie-afd-ist-staerkste-partei-bei-jungen-waehlern-das-sind-die-gruende-art-5861594
Renault talks to China's Li Auto and Xiaomi on tech collaboration: Renault held talks this week with China's Li Auto and Xiaomi on electric and intelligent ...
reuters.com/business/autos-transportation/renault-talks-chinas-li-auto-xiaomi-tech-collaboration-2024-04-26/
Agency bars Chinese telecom carriers from offering US broadband services: The Federal Communications Commission said on Thursday it is ordering the U.S ...
reuters.com/business/media-telecom/agency-bars-chinese-telecom-carriers-offering-us-broadband-services-2024-04-25/
Nothing off the table in US response to China overcapacity, Yellen says: The Biden administration is not taking any options off the table to respond to China's ...
reuters.com/world/nothing-off-table-us-response-china-overcapacity-yellen-says-2024-04-25/
Before special session: Habeck rejects allegations about nuclear phase-out
rp-online.de/politik/deutschland/habeck-weist-vorwuerfe-zu-atomausstieg-zurueck_aid-111399615
“Exhaust all legal options against the AfD”: Katrin Göring-Eckardt (Greens) stands in Berlin's Jakob-Kaiser-Haus, where many members of the Bundestag have their ...
morgenpost.de/politik/article242191584/Alle-juristischen-Moeglichkeiten-gegen-die-AfD-ausschoepfen.html
Paid articlePaid Inside the China-US Competition for AI Experts: Who’s winning the fight for top-tier AI talent?
bloomberg.com/news/articles/2024-04-25/inside-the-china-us-competition-for-ai-experts
Housing construction: growth in orders for the first time: The current figures for housing construction are positive. Nevertheless, the construction association ...
deutsche-handwerks-zeitung.de/wohnungsbau-erstmals-wieder-zuwachs-bei-den-auftraegen-337981/
Chinese fast-fashion app Shein will face tougher EU tech rules: Europe tightens scrutiny of China-based tech companies.
politico.eu/article/chinese-fast-fashion-app-shein-will-face-tougher-eu-tech-rules/
AfD is the strongest party among young people: “It’s not just the issue of refugees that is divisive”
berliner-zeitung.de/politik-gesellschaft/afd-staerkste-partei-bei-jugend-spaltend-nicht-nur-fluechtlinge-li.2209047
Rainer Dulger: “Germany is a house in need of renovation”: Employer President Rainer Dulger does not skimp on criticism of the traffic light coalition at the FAZ ...
faz.net/aktuell/faz-kongress-zwischen-den-zeilen/rainer-dulger-deutschland-ist-ein-renovierungsbeduerftiges-haus-19681838.html
China summons German ambassador after spying arrests: The German ambassador to China was summoned by Beijing on Thursday in response to several arrests in ...
reuters.com/world/europe/china-summons-german-ambassador-after-spying-arrests-2024-04-25/
Location debate: Are taxes in Germany really too high?: Work is more expensive in Germany than in almost any other industrial country. On average ...
spiegel.de/wirtschaft/soziales/steuern-und-abgaben-was-arbeit-in-deutschland-teuer-macht-a-98114889-173d-464a-b2d2-c6847231b4b2
Paid articlePaid How the Greens discovered patriotism: What the Greens never wanted to be, they now deny others the ability to be. About an astonishing transformation that can be ...
faz.net/aktuell/politik/inland/wie-die-gruenen-den-patriotismus-fuer-sich-entdeckt-haben-19677945.html
How Volvo landed a cheap Chinese EV on U.S. shores in a trade war : A made-in-China electric vehicle will hit U.S. dealers this summer offering power and ...
nbcnews.com/business/autos/volvo-landed-cheap-chinese-ev-us-shores-trade-war-rcna149349
Fears about stagflation are mounting in the US. It’s every central banker’s worst nightmare
cnn.com/2024/04/25/economy/stagflation-us-economy-gdp/
Quick Glance: Rising Key Fed Inflation Measure in March
- In March, inflation remained strong, with an important indicator closely monitored by the Federal Reserve indicating elevated price pressures.
- The personal consumption expenditures price index excluding food and energy increased 2.8% from a year ago in March, above expectations.
- Both the all-items PCE price gauge and the core index increased by 2.7%, higher than estimates, leading to a positive market reaction.
- Markets reacted mildly to the data, with Wall Street set to open higher, while Treasury yields fell and the probability of rate cuts increased slightly.
Czech billionaire joins Thyssenkrupp Steel: The Czech businessman Daniel Kretinsky joins Thyssenkrupp Steel with his company EPCG.
waz.de/wirtschaft/article242184230/Tschechischer-Milliardaer-steigt-bei-Thyssenkrupp-Steel-ein.html
Huawei-led Chinese firms aim to make advanced memory chips by 2026, The Information reports
reut.rs/3UhTead
Beijing auto show welcomes world as China's carmakers aim to conquer it: HONG KONG -- Beijing's premier automobile exhibition is back after a four-year ...
asia.nikkei.com/Business/Automobiles/Beijing-auto-show-welcomes-world-as-China-s-carmakers-aim-to-conquer-it
Federal Statistical Office: (Slightly) more men work part-time - but often not for the family
spiegel.de/wirtschaft/arbeitszeit-etwas-mehr-maenner-arbeiten-teilzeit-aber-oft-nicht-fuer-die-familie-a-f2d0405a-fc45-4596-a05f-778ae03e393c
Huawei's smart car tech offers automakers route to China sales: It's taken Huawei just four years to become a force in smart car technology ...
reuters.com/business/autos-transportation/huaweis-smart-car-tech-offers-automakers-route-china-sales-2024-04-26/
Farmers see black: future economic situation rated worse: Farmers are more pessimistic about their future economic situation than ever before ...
faz.net/aktuell/wirtschaft/mehr-wirtschaft/die-bauern-sehen-schwarz-zukuenftige-wirtschaftliche-lage-schlechter-bewertet-19678294.html
German government raises its growth forecast slightly: The mood in the German economy has improved significantly for the third time in a row ...
faz.net/aktuell/wirtschaft/mehr-wirtschaft/bundesregierung-hebt-ihre-wachstumsprognose-leicht-19675081.html
Chinese military officials met US and Russian naval officials this week: Senior Chinese military officials held separate meetings with U.S. and Russian naval ...
reuters.com/world/china/chinese-military-officials-met-us-russian-naval-officials-this-week-2024-04-25/
Chinese EV battery maker CATL unveils LFP battery with 1,000 km range: Chinese electric vehicle (EV) battery maker CATL on Thursday unveiled a lithium iron ...
reuters.com/business/autos-transportation/chinese-ev-battery-maker-catl-unveils-lfp-battery-with-1000-km-range-2024-04-25/
Habeck's secret nuclear files: How green ideologues determine our energy policy: Secret files from Robert Habeck's ministry show how influential Green Party ...
focus.de/finanzen/laufzeitverlaengerung-ist-abzulehnen-habecks-geheime-atom-akten-wie-gruene-ideologen-unsere-energiepolitik-bestimmen_id_259886406.html
Xiaomi locks in over 75,000 orders for SU7 car, targets over 10,000 deliveries in June
reut.rs/3xPcmEO
Economic downturn: Economic institute expects rising unemployment: The economic downturn in Germany is apparently increasingly having an impact on the job market ...
spiegel.de/wirtschaft/soziales/arbeitslosigkeit-iw-koeln-erwartet-anstieg-auf-2-8-millionen-a-df10fce6-2753-4a75-a3d5-18edc177fbff
Marco Buschmann presents ten-point plan against bureaucracy burnout: Bureaucracy from Brussels is annoying Germany's companies. Justice Minister Marco Buschmann ...
t-online.de/nachrichten/deutschland/innenpolitik/id_100391512/marco-buschmann-legt-zehn-punkte-plan-gegen-buerokratie-burnout-vor.html
US jails Chinese student for threatening pro-democracy schoolmate: He threatened to "chop off" the hands of a Chinese student who put up pro-democracy fliers on ...
bbc.com/news/articles/cp3gz61011ko
Cardboard coffins gaining ground among the eco-conscious: Unity Casket, the first parlour here to launch paper coffins, says it gets up to five orders for this a ...
straitstimes.com/singapore/cardboard-coffins-gaining-ground-among-the-eco-conscious
Chico won 10 million in the lottery - Here he reveals what happened to the money: In 2022, Kürsat Yildirim, better known as Chico, hit the jackpot in the lottery ...
focus.de/kultur/kino_tv/lotto-millionaer-im-interview-die-glauben-dass-der-chico-geld-und-keine-ahnung-hat_id_259887582.html
Bristol Myers Squibb drafts contingency plans for US restrictions on Chinese pharma
ft.com/content/f3b5f2e5-1abc-4848-8ff2-66891d5f5984
Why the employee bonuses at Deutsche Bahn are well deserved: Deutsche Bahn's punctuality is lousy. But getting reflexively upset about the payout to 42 ...
faz.net/aktuell/wirtschaft/unternehmen/warum-die-mitarbeiter-boni-bei-der-deutschen-bahn-verdient-sind-19676088.html
Paid articlePaid There is a risk of a price shock for motor vehicle insurance - What drivers need to know now
focus.de/auto/drei-milliarden-euro-verlust-preisschock-bei-der-kfz-versicherung-droht-was-autofahrer-jetzt-wissen-muessen_id_259887978.html
Xiaomi locks in over 75,000 orders for SU7 car, targets over 10,000 deliveries in June
reuters.com/business/autos-transportation/xiaomi-locks-over-75000-orders-su7-car-targets-over-10000-deliveries-june-2024-04-25/
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