German Chamber of Commerce and Industry: One-fourth of German export firms are affected by Russian sanctions.
“Betroffen ist davon in etwa jedes vierte deutsche Unternehmen, das im Ausland aktiv ist.”
Tag Archives: Profit
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Beautiful German weapon sale of the week.
Because somebody has to admire them.
Algeria
Beautiful German weapon sale of the week.
Because somebody has to admire them.
Der Düsseldorfer Rüstungskonzern Rheinmetall steht nach Informationen des Handelsblatt kurz vor der Unterzeichnung eines Vertrages zur Produktion von 980 „Fuchs-Panzern“ in Algerien.
Poll: Four In Five Germans Have No Problem With Germany Being World’s Third Largest Arms Exporter
No, wait. That was four in five Germans would like to see their armed forces take part in fewer military missions abroad. But still.
Damn. And almost two-thirds think Germany should show caution on foreign affairs. Even more caution than they are already being so overly cautious about already, I mean. Well the Germans certainly have been reckless these past few years, haven’t they?
Calls from abroad for greater German participation showed the respect Germany had won, but could also put Germany under too much pressure.
PS: Speaking of pressure, according to former German Foreign Minister Joschka Fischer himself, “Russia is striving a major power role. That must not and will not be accepted by Europe.”
Die russische Strategie, verloren gegangenes Territorium zurück zu holen, könne man nur mit Entschlossenheit und Härte begegnen, nicht mit Verständnis. „Ein starkes Europa ist Voraussetzung für Sicherheit“, sagte der Ex-Außenminister.
Wandel durch Handel
Hey, that rhymes!
It means “change through trade” and applies of course to German trade with Russia. And that policy certainly seems to be working great these days, don’t you think?
There’s more Wandel going on in Russia (and in what’s left of a certain country bordering it) than even the Germans can Handel.
Sanctions and other measures must come step by step, giving Mr Putin chance after chance to stop further escalation.
Russia
Beautiful German weapon sale of the week.
Because somebody has to admire them.
In addition to purchasing two French helicopter carriers for $1.6 billion, the Russians turned to the German firm Rheinmetall Defence to build a $132 million modern army training center — Mulino — near Nizhny Novgorod on the Volga.
Ein Gefechtsübungszentrum bei Mulino soll demnach noch in diesem Jahr dem russischen Heer übergeben werden. Im Moment sehe man keine Risiken für eine termingerechte Lieferung und wolle über die Folgen einer etwaigen weiteren Verschlechterung der Beziehungen zu Russland nicht spekulieren, sagte der Sprecher weiter.
Germans So Concerned About Crimea Annexation They Close A $7 Billion Energy Deal With Russia
The German utility RWE announced that it had reached preliminary agreement to sell its oil and natural gas subsidiary, RWE Dea, to two Russian billionaires, Mikhail Fridman and German Khan, for 5.1 billion euros, or about $7 billion.
After the deal is finalized later this year it will be one of the priciest for Russian business.
Give Profit A Chance
Germans just want to live in peace and harmony with Russia, people. Regardless of this Crimea episode or not, I mean. Of course they don’t mind living with the profit coming out of Russia, either. But still.
Here’s a fun fact for you: Germany accounts for a third of the EU’s total exports to Russia. So, well, let’s let Europe speak with one unified voice concerning this matter. As long as it is a voice with a strong German accent, I mean.
The Committee on Eastern European Economic Relations, a lobby group representing big businesses, says that 300,000 German jobs depend on trade with Russia, 6,200 companies with German owners are active in Russia, and German companies have invested €20 billion there. No surprise, then, that the committee’s boss calls sanctions “senseless”.
Colombia
Beautiful German weapon sale of the week.
Because somebody has to admire them.
PS: But don’t sweat about this one, folks. This sale is illegal, too (thank goodness).
NSA Hysteria Good For Business
IT business here in Germany, I mean.
Funny how that is. Makes a body wonder sometimes if helping to keep folks all hot and bothered like this about our latest “devastating crisis of confidence” is maybe sort of, I dunno, intentional or something? You know, as in profitable intentional?
I know, I know. German media and industry have higher standards than that and would never try to take advantage of a situation like this but look, if everybody else out there is going to keep going hysterical and paranoid about this novel issue of ours then I can start speculating, too. Hmmm. Now Snowden isn’t a German name, is it? Eduard certainly is, though.
“Our best marketing employee is Edward Snowden.”
Observing Hermann 