Politics EU Politics and News
- Thread starter Picanha
- Start date
- Joined
- Apr 15, 2019
- Messages
- 12,633
- Points
- 338
- Joined
- Apr 9, 2019
- Messages
- 6,169
- Points
- 288
Didn't the decommisioning nonsense start under Frau Merkel's seemingly endless reign?
So just another round of blaming the current government for your own policy decisions and hoping as many voters fall for it.
- Joined
- Apr 15, 2019
- Messages
- 12,633
- Points
- 338
Yes, following the "Fukushima disaster" a wave of anti-nuclear panic swept across Europe.
And somehow the Greens in Germany managed to convince the decision makers that the same kind of catastrophe could happen there. Because, as we all know, the other place in the world famous for its earthquakes and tsunamis is, after Japan, well... Germany.
Merkel and the CDU considered it expensive to run nuclear power plants, the big plan was to replace nuclear power with cheap Russian gas - where the owners of the intermediary and pipeline companies would make all the money
- Joined
- Aug 26, 2019
- Messages
- 3,134
- Points
- 288
Import prices in Germany are dropping more and more easing inflation, might be true for the whole EU as well.
www.handelsblatt.com
Einfuhren: Deutsche Importpreise sinken weiter deutlich
Die Preise für importierte Waren gehen weiter zurück: Im Juli waren Importe rund 0,6 Prozent günstiger als im Juni. Im Vorjahresvergleich fällt der Rückgang besonders deutlich aus.
www.handelsblatt.com
- Joined
- Aug 26, 2019
- Messages
- 3,134
- Points
- 288
And like always it was not thought through.
Merkel had the strategic horizon of a medieval pig farmer. Das perfekte Opfer.
Now they all run around crying de-industrialisation.
While all they came up with was to make oneself totally dependent on cheap Putler gas. Which has no implications of course...
What a creative and intelligent move.
- Joined
- Aug 26, 2019
- Messages
- 3,134
- Points
- 288
Taiwans Chip-Riese TSMC plant Werk in Dresden für 10 Milliarden
Dresden gehört zu den wichtigsten Halbleiter-Zentren. Nun siedelt sich mit TSMC aus Taiwan ein Schwergewicht der systemrelevanten Branche dort an – und will zusammen mit anderen Größen wie Bosch und Infineon eine gigantische Summe investieren.
TSMC will build a new factory in Dresden for 10 billion €s.
Production should start in 2027.
- Joined
- Aug 26, 2019
- Messages
- 3,134
- Points
- 288
Russians can no longer bring their cars to the EU
Russian nationals can no longer cross into the EU with their cars, otherwise, their vehicles should be confiscated by the respective member state, it became clear on Monday (11 September), after the European Commission was asked to explain a recent update of the EU sanctions policy.
www.euractiv.com
- Joined
- Aug 26, 2019
- Messages
- 3,134
- Points
- 288
- Joined
- Aug 26, 2019
- Messages
- 3,134
- Points
- 288
BASF revenue down 76 % it continues to invest in China despite sluggish demand.
Brudermüller is just a genius he installed cost saving measures in other places not in China with its sluggish demand.
www.tagesschau.de
www.faz.net
No other German corporate CEO made headlines last year like Martin Brudermüller. Shortly after Russia's invasion, BASF's CEO warned in drastic terms of the consequences for the German economy of a sudden buyers' strike of Russian gas. Then in the fall, the longtime Asia head of the world's largest chemical company called for an end to "China bashing" in this country. Brudermüller can attack, and he chose his words deliberately in each case.
The Chancellor and his Economics Minister probably know best how great an influence his warnings had on the German government's decision not to seal off the pipeline overnight. In any case, the collapse failed to materialize. Brudermüller admits today, however, that he never thought Germany would become independent of Putin's favor so quickly.
But the new freedom comes at a price. And on Friday, it came with a price tag: the Group recently paid 2.2 billion euros more for natural gas at its headquarters in Ludwigshafen alone. That's why Brudermüller has launched a cost-cutting program to which more than 4,000 jobs will fall victim.
Business logic argues for closing production sites that have become unprofitable. This is what corporations do every day around the world. In the current situation, however, the measures at BASF are fueling concerns about a migration of important competencies to the huge Verbund site in China. Brudermüller sees the best growth opportunities for BASF in the world's largest chemical market. He is prepared to accept the risk of a clash of interests should the Taiwan issue escalate.
Brudermüller remains committed to Ludwigshafen. But many in the Palatinate lack the right faith. Not only does their boss once again paint a gloomy picture for the German economy, he has so far also failed to provide a forward-looking answer as to how the parent plant is to be made fit for the chemical world of tomorrow. This is something his successor will have to do. The manager will leave his post in a year's time. BASF will then be more dependent than ever on China.
Translated with www.DeepL.com/Translator (free version)
Brudermüller is just a genius he installed cost saving measures in other places not in China with its sluggish demand.
Chemieriese BASF meldet Gewinneinbruch um 76 Prozent
Der weltweit größte Chemiekonzern BASF kämpft mit sinkender Nachfrage. Der Gewinn ist im zweiten Quartal im Vergleich zum Vorjahr um 76 Prozent eingebrochen. Der Konzern weitet daher sein Sparprogramm aus.
BASF: China als neuer Markt würde Risiken mit sich bringen
Die Stellenstreichungen bei BASF schüren die Sorgen, dass wichtige Kompetenzen des Chemiekonzerns nach China abwandern. Dabei birgt eine weitere Konzentration auf den größten Chemiemarkt der Welt ein Risiko.
No other German corporate CEO made headlines last year like Martin Brudermüller. Shortly after Russia's invasion, BASF's CEO warned in drastic terms of the consequences for the German economy of a sudden buyers' strike of Russian gas. Then in the fall, the longtime Asia head of the world's largest chemical company called for an end to "China bashing" in this country. Brudermüller can attack, and he chose his words deliberately in each case.
The Chancellor and his Economics Minister probably know best how great an influence his warnings had on the German government's decision not to seal off the pipeline overnight. In any case, the collapse failed to materialize. Brudermüller admits today, however, that he never thought Germany would become independent of Putin's favor so quickly.
But the new freedom comes at a price. And on Friday, it came with a price tag: the Group recently paid 2.2 billion euros more for natural gas at its headquarters in Ludwigshafen alone. That's why Brudermüller has launched a cost-cutting program to which more than 4,000 jobs will fall victim.
Business logic argues for closing production sites that have become unprofitable. This is what corporations do every day around the world. In the current situation, however, the measures at BASF are fueling concerns about a migration of important competencies to the huge Verbund site in China. Brudermüller sees the best growth opportunities for BASF in the world's largest chemical market. He is prepared to accept the risk of a clash of interests should the Taiwan issue escalate.
Brudermüller remains committed to Ludwigshafen. But many in the Palatinate lack the right faith. Not only does their boss once again paint a gloomy picture for the German economy, he has so far also failed to provide a forward-looking answer as to how the parent plant is to be made fit for the chemical world of tomorrow. This is something his successor will have to do. The manager will leave his post in a year's time. BASF will then be more dependent than ever on China.
Translated with www.DeepL.com/Translator (free version)
Last edited:
- Joined
- Aug 26, 2019
- Messages
- 3,134
- Points
- 288
European Union launches anti-subsidy probe into Chinese EVs
The European Commission on Wednesday launched an investigation into the subsidies given to electric vehicle makers in China.
“Europe is open to competition. Not for a race to the bottom,” she said.
- Joined
- Jun 18, 2019
- Messages
- 5,849
- Points
- 258
Went down to the local stock agent that supplies good old organo phosphates to kill the bugs and it had all been banned. OMG.
...population of skinny healthy people.
The greens clearly believe concrete rollers behind tractors is the solution.... Why has no-one thought of it.
...population of skinny healthy people.
The greens clearly believe concrete rollers behind tractors is the solution.... Why has no-one thought of it.
Henry Kissinger on Hamas attacks fallout: Germany let in too many foreigners
As a minority in Berlin cheer Hamas’ attacks on Israel, former top US diplomat says mass immigration was a ‘grave mistake.’
- Joined
- Aug 26, 2019
- Messages
- 3,134
- Points
- 288
The problem ist uncontrolled immigration. Few countries let you immigrate to live from doing nothing. And spend your days hating Jews and the West.
Probes launched concerning Chinas steel production.
www.reuters.com
Probes launched concerning Chinas steel production.
EU plans anti-subsidy probes to secure steel deal with US
The European Union is planning anti-subsidy investigations into steelmakers producing to excess in countries such as China as part of an agreement with the United States to end Trump-era tariffs, two EU officials said on Tuesday.
Last edited:
Similar threads
Politics
China's Economy and Politics
Politics
New Zealand Politics
