That means uncertainty. You know, like economic uncertainty?
German exports fell by 1.3% in February compared with the month before, the Federal Statistics Office said on Monday. The figure represents the biggest drop in export revenue for a year…
Economists say that uncertainties surrounding Britain’s exit from the EU, the ongoing trade dispute between the US and China as well as weakening demand for industrial products are weighing on economies across the world.
“Die Ungewissheit aufgrund der vielen ungelösten Konflikte schlägt sich in den Auftragsbüchern nieder.”
On the one hand, I could screw it up with this side. On the other hand, I could screw this up over here first. Decisions, decisions…
The global order that underpins German prosperity is unraveling, and Angela Merkel doesn’t know what to do. President Donald Trump’s America First policy is forcing Germany to make an impossible choice between the U.S. and China — pitting the force behind the country’s modern economic success against the key to its future growth…
For decades, the country profited from an international trading system run by the West and backed up by the military might of the U.S. The government just got out of the way and watched exports roll. Those days are over…
“Germany is caught up in a dilemma of changing trade patterns and doesn’t know how to react.”
Trump hin oder her – die USA bleiben Deutschlands wichtigster Absatzmarkt.
How can the world’s fourth largest exporter of arms (don’t worry, they’ll be back up at third place again in no time) have “issues with readiness of submarines, aircraft” for its own army? Year in and year out, I mean. One could almost think it’s intentional.
The readiness of Germany’s weapons systems stood at about 70 percent in 2018 overall, but its submarines, heavy-lift helicopters and Tornado fighter jets faced continued challenges, the German Defence Ministry told lawmakers on Monday.
Germany is the fourth largest arms exporter in the world, according to a report released by the Stockholm Peace Research Institute on Monday.
OK, in this case beautiful German judicial deal of the week.
Because somebody has to admire them.
Three former executives at German gun-maker Sig Sauer, including one who became CEO of a sister company in the United States, reached a deal with prosecutors over allegations they illegally exported arms to Colombia and likely won’t go to prison, a court official in Germany said Wednesday.
Beautiful German weapon sale of the week – this time with extra added suspended jail terms!
Because somebody has to admire them.
A German court has handed suspended jail terms to two ex-employees of gun maker Heckler & Koch and fined the firm €3.7m (£3.2m) for illegal arms deliveries to Mexico.
The Stuttgart court acquitted three other H&K ex-employees.
H&K was found to have breached German arms export rules by shipping nearly 5,000 G36 assault rifles and smaller firearms to strife-torn regions.
Mexico is plagued by warfare involving drug gangs and paramilitaries.
Heckler & Koch muss wegen Ausfuhren von Gewehren nach Mexiko mehrere Millionen Euro Strafe bezahlen. Zudem wurden zwei Ex-Angestellte zu Bewährungsstrafen verurteilt.
The U.S. Commerce Department is set to meet a Sunday deadline to deliver its recommendations to President Donald Trump on whether imported vehicles and parts pose a national security risk, and to outline options on how to address the issue, officials said on Thursday.
Trump would then have 90 days after Commerce’s recommendation to decide whether to impose tariffs…
Trump has urged the EU to drop its 10 percent tariff on imported vehicles. The U.S. passenger car tariff is 2.5 percent, while it imposes 25 percent tariffs on pickup trucks.
The Alliance of Automobile Manufacturers, whose members include General Motors, Volkswagen AG, Toyota Motor Corp, has warned tariffs would boost imported car prices nearly $6,000 on average.
Beautiful German weapon sale of the week – only it’s actually more like a purchase this time.
Because somebody has to admire them.
Wait a minute. Aren’t these the same Germans who tell us that Brexit is going to be the end of the world as we know it?
Brexit boost as Germans invest £30million in UK tank maker – A GERMAN defence giant yesterday defied Brexit doomsayers by pumping £30million into a British armoured vehicle business.
With the export (of a frigate) to Egypt, the Federal government maintains its controversial practice of supplying weapons to authoritarian regimes if these are considered to be regional partners of the Federal government. In addition, they will again break the promise not to deliver any more weapons to countries that are directly involved in the Yemen war (Saudi Arabia supports Egypt financially and makes this purchase possible and Egypt has participated in the Yemen conflict as a coalition partner with fighter jets).
Ägypten gehört ganz offiziell zu dieser von Saudi-Arabien geführten Koalition und hat auch mit Kampfjets an Missionen über dem Jemen teilgenommen. Indirekt dürften die Millionen für die deutschen Fregatten ohnehin aus Riad kommen. Seit Jahren hängt Ägypten finanziell am Tropf des Königsreichs. Ohne die massiven Zahlungen wären die ägyptischen Institutionen längst zusammengebrochen.
German Carmakers Jump on Potential U.S.-China Tariff Truce. This is how Germany works, folks.
BMW AG rallied the most in more than three years after U.S. President Donald Trump said China had agreed to remove painful tariffs on imported American-made cars shipped to the world’s biggest automotive market. Daimler AG and Volkswagen AG also rose sharply.
BMW and Daimler, which export sport utility vehicles from U.S. plants to China, stand to be the biggest gainers from a potential reduction of tariffs. Six of the ten best-selling U.S. auto imports to China are made by the two German luxury auto manufacturers.
Autobosse treffen Trump Kurse von BMW, VW und Daimler schnellen in die Höhe.
German exports rebounded in May, providing more evidence of a strengthening of the economy in the second quarter.
Yeah, I guess that’s true. If you forget the exports last month to one particular country. Those have dropped 10% for some inexplicable reason. But I’m sure that will pick up again real soon, right?
Despite ongoing trade tensions, German exports did what they normally do: grow. In May exports increased by 1.8% MoM, from -0.3% in April. At the same time, imports increased by 0.7% MoM, from 2.6% MoM in April. As a result, the trade surplus narrowed somewhat, from EUR20.1bn to EUR19.7bn.
“Die Verunsicherung durch die Einführung von Importzöllen seitens der USA und die Gegenmaßnahmen der EU und Chinas machen sich direkt bei den Unternehmen bemerkbar.”
