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Montevideo, April 25th 2024 - 08:03 UTC

Tag: Germany

  • Tuesday, March 26th 2019 - 08:26 UTC

    Germany's second wealthiest family admits Hitler links and exploiting slave labor under Nazi rule

    The Reimann family fortune today is estimated at €33bn, which would make it Germany's second-wealthiest family

    A German industrial dynasty with big stakes in various international brands has admitted brutality towards slave laborers during Nazi rule. A partner in JAB Holding, Peter Harf, said the Reimann family was shocked by links to Nazi abuses, discovered by the Bild am Sonntag newspaper in archives.

  • Tuesday, March 26th 2019 - 06:13 UTC

    British Airways flight to Dusseldorf lands in Edinburgh: paperwork error?

     The pilot of Flight BA3271 took off from London shortly after 7.30am on Monday and followed instructions to fly to the Scottish capital instead of the German city

    British Airways passengers were mistakenly flown to Edinburgh rather than Dusseldorf due to a paperwork error. The pilot of Flight BA3271 took off from London shortly after 7.30am on Monday and followed instructions to fly to the Scottish capital instead of the German city. The destinations are more than 800km apart.

  • Wednesday, March 20th 2019 - 10:07 UTC

    Angela Merkel to the rescue of an “orderly Brexit”

    Merkel said “I will fight for an orderly Brexit on 29 March until the very last hour. We don't have that much time left...it depends on what Theresa May will tell us.”

    German Chancellor Angela Merkel has said she will fight for an “orderly Brexit” until “the very last hour”. Mrs Merkel said that current events were in a “state of flux”, adding that European Union leaders would try to react to whatever the UK proposed. The UK is due to leave the EU in 10 days' time, with or without a deal.

  • Monday, March 18th 2019 - 08:39 UTC

    Germany's two leading banks considering a merger: government supports

    A merger could result in massive cost savings, in particular by closing branches. But critics say integrating the firms would be complicated and risky

    Germany's two biggest lenders, Deutsche Bank and Commerzbank, will hold formal talks about a merger. The announcement caps months of speculation that the two struggling banks would attempt to combine.

  • Friday, March 15th 2019 - 08:38 UTC

    EU open to granting UK a long extension, but some member countries demand certain conditions

    All 27 other EU nations would have to agree to an extension, and Mr Tusk, who is the bloc's summit chairman, will hold talks with several leaders

    European Council President Donald Tusk has said he will appeal to EU leaders “to be open to a long extension” of the Brexit deadline, if the UK needs to rethink its strategy and get consensus. His intervention came as UK MPs voted to seek a delay of the 29 March deadline to leave the EU. EU leaders meet in Brussels on 21 March and they would have the final say.

  • Thursday, March 7th 2019 - 05:39 UTC

    Venezuelan regime of Maduro expels German ambassador

    Kriener, along with ambassadors and diplomats from other EU embassies had gone to the airport to support Guaido, who had risked arrest on his return to Venezuela

    Venezuela's government expelled the German ambassador on Wednesday as embattled President Nicolas Maduro cracks down on a challenge to his rule. Ambassador Daniel Kriener was expelled two days after he and diplomats from other embassies welcomed home opposition leader Juan Guaido at the Caracas airport.

  • Tuesday, March 5th 2019 - 09:32 UTC

    Pope Francis will open Vatican archives on Pius XII and the Holocaust

    Pius, who was Pope from 1939 to 1958, has been accused of tolerating the rise of Nazi Germany and of not doing enough to protect Jews during the Holocaust

    Pope Francis has said the Roman Catholic Church will open up its archives on Pius XII, who was Pope during World War Two. Pius, who was Pope from 1939 to 1958, has been accused of tolerating the rise of Nazi Germany and of not doing enough to protect Jews during the Holocaust. The Vatican says he worked behind the scenes to try to protect Jews.

  • Friday, February 15th 2019 - 08:55 UTC

    Germany on the edge of recession following weak trade performance

    A weak trade performance dragged on the economy, and consumer spending remained subdued

    Germany's economy just about avoided falling into recession during the final three months of last year. Europe's largest economy registered zero growth during the fourth quarter of 2018, the country's Federal Statistics Office said. That means it avoided two consecutive quarters of contraction, which is the usual definition of a recession.

  • Friday, February 1st 2019 - 10:34 UTC

    France, Germany and UK agree on new channel to trade with Iran and avert US sanctions

     “It is a political act,” French Foreign Minister Jean-Yves Le Drian told reporters after a meeting of EU counterparts in Bucharest

    France, Germany and Britain have opened a new channel for non-dollar trade with Iran to avert U.S. sanctions, although diplomats say it is unlikely to allow for the big transactions that Tehran says it needs to keep a nuclear deal afloat. Washington’s major European allies opposed last year’s decision by U.S. President Donald Trump to abandon the 2015 deal, under which international sanctions on Iran were lifted in return for Tehran accepting curbs on its nuclear program.

  • Thursday, January 31st 2019 - 09:22 UTC

    German economy threatened by a chaotic Brexit, warns Berlin's economy minister

    Minister Peter Altmaier said that while the German economy would grow for a 10th year, “headwinds, primarily from the external environment, are increasing”

    The clouds darkened over Europe's slowing economy on Wednesday as the German government slashed its growth forecast and said concerns about a chaotic Brexit and trade tensions were holding back the continent's powerhouse. Germany's Economy Ministry said Wednesday it was cutting its 2018 forecast to 1% from 1.8% in its previous outlook issued last fall.