EU and US Close To A Solution Dispute about Support for Airbus and Boeing
The European Union and the United States are about to settle their conflict over mutual subsidies to their aviation industry. Insiders expect an agreement on Tuesday when US President Joe Biden visits the European leaders. However, a solution to the dispute over steel is further away, Brussels sources say.
Arrival of Samsung’s Budget Phone Galaxy S21 Fan Edition Still Uncertain
Samsung has not yet decided whether it will stop the production of the new Galaxy S21 Fan Edition. The cause for the possible suspension of production would be the worldwide chip shortage. Samsung made this known in response to a report from the South Korean newspaper Electronic Times, which
German Economy Faces Significant Recovery in Second Half of the Year
The German economy is expected to recover strongly in the second half of the year. That is forecast by the Bundesbank, which has raised its economic forecasts. Due to the progress with vaccinations and the phasing out of lockdown restrictions, it is evident, among other things, that German consumer
EU: Russian Ban on Navalny Organizations Unprecedentedly Serious
By banning the anti-corruption organization and political network of Kremlin critic Alexei Navalny, Russia is going further than ever before, says the European Union. The ban is “the most serious attempt to date” by the Russian government “to suppress independent political opposition and investigations into corruption”. Brussels sees the
Germany Plans to Extend Corona Support for Companies
Germany plans to extend economic support for companies affected by the corona crisis until the end of September. A government source told Reuters news agency. As in many other countries, companies in Germany can claim support if they can demonstrate that their income has fallen sharply due to the
Right-Hand CEO Elon Musk Leaves Car Manufacturer Tesla
Automaker Tesla has said goodbye to Jerome Guillen, one of the company’s four top executives. The Frenchman had been working for the electric car maker for a decade until recently headed the company’s truck division. Guillen would have left the company on June 3, according to documents filed this
German Factory Orders Drop Unexpectedly
German factory orders fell unexpectedly in April. This shows that manufacturers in Europe’s largest economy are still struggling with the negative effects of the corona pandemic and measures to prevent the virus from spreading. According to the German Federal Statistical Office, the number of orders fell by 0.2 percent
Canadian Government Promises Indigenous Residents to Get Well Soon
The Canadian government plans to increase funding for the country’s indigenous people, who have long been disadvantaged and still have a worse life on average than their non-indigenous compatriots. The money is to be spent on policing Indigenous communities, fighting racism in Canada’s criminal justice system, and addressing widespread
Google Allows Crypto Ads Again
Google will again allow advertisements from companies that offer so-called cryptocurrency wallets. This will be possible again from August. A cryptocurrency wallet is a kind of bank account for digital currency. In 2018, Google banned ads for digital coins and related products, following a similar move by Facebook. But
What Does Landlord Liability Insurance Cover?
Property owners in the business of renting out homes or property to tenants will need to be aware of the risks involved. Along with tenants defaulting on rent payments or causing property damage, several other issues can end up costing the landlord money. For example, there are instances where a
