Ukrainian troops have been fighting back against the Russian attack since February 2022. Much of the information about the course of the war, such as the number of casualties or details of battles, comes from the Ukrainian or Russian governments and often cannot be independently verified immediately. In addition to our own research, we use material from the news agencies dpa, Reuters, epd, KNA and Bloomberg for our live blog. source site
German exporters sold significantly less overseas in December. Exports to countries outside the European Union (EU) shrank by 9.6 percent compared to the previous month to 56.3 billion euros, as the Federal Statistical Office announced on Friday. Compared to the same month last year, however, there was growth of 6.5 percent, which is also due to the sharp rise in foreign trade prices, as the statisticians emphasized. The United States remained the most important customer for German exporters. Goods worth...
High gas prices brought Norway a record trade surplus last year. The Scandinavian country had total exports worth around 2.6 trillion Norwegian kroner (243 billion euros) in 2022, which corresponded to an increase of a whopping 87.2 percent over the previous year. This was announced by the Norwegian statistical authority SSB on Monday. Goods worth a good 1.0 trillion crowns were imported. This gives Norway a trade surplus of almost 1.6 trillion crowns (147 billion euros) - almost three times...
Status: 01/16/2023 3:34 p.m According to official figures, China was only just behind Germany in terms of the number of passenger cars exported last year. Chinese e-cars are playing an increasing role on the world market. By Eva Lamby-Schmitt, ARD Studio Shanghai According to the Chinese automobile association CAAM, a total of 2.53 million cars were sold abroad last year. That is almost 57 percent more than in the previous year. China is catching up and closing the gap to...
Status: 01/10/2023 1:03 p.m According to the Chamber of Industry and Commerce, Germany is still "Iran's most important trading partner in Europe". In 2022, German exports even increased. Given the government's crackdown on protests, this is viewed critically. German exports to the have increased in the past year - despite the ongoing protests by system critics and their suppression by the government. From January to November they grew by 12.7 percent compared to the same period last year to around...
Status: 05.01.2023 09:21 am German exporters suffered a setback in November. Contrary to expectations, exports fell slightly. In particular, business with the USA and China was worse. German exports surprisingly fell in November due to lower demand from the EU, the USA and China. Exports shrank by 0.3 percent compared to the previous month to 135.1 billion euros, as the Federal Statistical Office announced today. Economists surveyed by Reuters, on the other hand, had expected slight growth of 0.2 percent....
As a lesson from the Russian war of aggression against Ukraine, the Head of the European People's Party (EPP), Manfred Weber, more intensive military cooperation in the EU. "The EU states must now finally set up a European Defense Union tackle," says Weber of the Bayern media group. There must be common EU rules for the export of armaments so that a common European defense industry can emerge."And we need joint projects like that Building a missile defense shield for...
As of: 01/03/2023 6:32 p.m Despite the war in Ukraine, German arms exports fell slightly last year. Nevertheless, at 8.36 billion euros, it is the second highest amount in the history of the Federal Republic. Ukraine was the most important destination for German arms export licenses last year. This is the result of figures published by the Federal Ministry of Economics. Accordingly, the federal government allowed exports to the country attacked by Russia in the amount of almost 2.25 billion...
STORY: Russia's President Vladimir Putin bans oil exports to countries that have decided on a price cap on Russian crude oil. Putin signed a corresponding decree that is to come into force on February 1 of next year. The export ban should apply for at least five months until July 1st. The EU, the seven leading western industrialized countries and Australia this month imposed a price cap of $60 a barrel on seaborne oil from Russia, which also targets Russian...
Status: 12/27/2022 6:22 p.m At the beginning of December, the EU and G7 introduced a price cap for Russian oil. As of February, Russia will now ban oil exports to countries that apply a cap. President Putin signed a corresponding decree. From February 1, Russia will ban the sale of oil to countries that have imposed an oil price cap in response to the war against Ukraine. According to a decree signed by President Vladimir Putin, deliveries of Russian oil...
