Trump sent Goodyear shares down with a single tweet 20 Aug 2020 American president Donald Trump calls for a boycott of Goodyear Tire & Rubber, an American manufacturer of tires. According to Trump, Goodyear banned his red signature campaign caps with the election slogan Make America Great Again (MAGA) on the shop floor. “Don’t buy tires from Goodyear. They’ve announced a ban on MAGA caps. Buy much better tires for much less …
Former CIA employee arrested for espionage 18 Aug 2020 A former operative of the U.S. intelligence agency has been arrested and charged with espionage. He’s suspected of passing classified information to China. The man was working with a family member who also worked for the CIA, so the U.S. Department of Justice will know on Monday. Alexander Yuk Ching Ma, a naturalized American citizen, was arrested on Friday. According …
Taiwan fears ‘to end up as Hong Kong’ 11 Aug 2020 Taiwan fears that, in the end, it will face the same fate as Hong Kong, which is in danger of losing its autonomy as a result of the new Chinese security law. US Secretary of Health Azar arrived in Taiwan on Sunday. It is the highest visit the country has received from the United States in 40 years. China, which …
EU shame: Brussels and Berlin accused of selling out as row over corruption erupts 10 Aug 2020 Berlin and Brussels both sold the European Union’s credibility “too cheaply” with their support for centre-right ally prime minister Bokyo Borissov, an opposition politician claimed. Hristo Ivanov, a former justice minister who now leads the anti-corruption Yes Bulgaria movement, said Mr Borissov’s abuses of power had been ignored because of his role in upholding the EU’s migration pact with Turkey. …
Fomenko’s Case: Europe should reconsider its policy on fake news distributors 1 Aug 2020 The European Union must fight harder against the spread of fake news, which has become widespread in the digital age. Still, there are essentially no effective mechanisms in place for such a battle, said Viola von Cramon-Taubadel, a member of the European Parliament from Germany and Vice-Chairman of the EU-Ukraine Parliamentary Association Committee, in a comment to journalists. MEP further revealed that it is still hard to defend legally against fakes and smear campaigns, especially when …
US credit rating forecast set to negative as public finances are deteriorating 1 Aug 2020 Fitch credit rating agency has set a negative forecast for the creditworthiness of the United States. This may mean that the country’s rating will be lowered in the future. Now Fitch confirmed the US credit rating at AAA, the highest level. According to Fitch, the reduction in outlook from stable to negative is driven by the deterioration in public finances. …
Riots in Belgrade after new lockdown, protesters storm the parliament 8 Jul 2020 In the Serbian capital Belgrade, dozens of protesters entered the parliament building on Tuesday evening. They did so shortly after President Aleksandar Vučić announced new intrusive measures to the city following a new revival of the corona virus. Riots broke out on the street. After a record number of corona deaths in one day, measures against the virus in Serbia …
German police raided neo-nazi groups 23 Jun 2020 The German police raided members of the far-right group Nordadler (Nordic eagle) in four federal states. Minister Seehofer of the Interior banned the group early this morning. It is not clear whether people have been arrested or materials have been seized. The group was mainly active online and spread far-right ideologies and anti-Semitism through social media channels such as Telegram, …
French Finance Minister Bruno Le Maire asks AF to refrain from mass layoffs 18 Jun 2020 French Finance Minister Bruno Le Maire has called on Air France to refrain from layoffs. He told radio station France Inter that the corona crisis requires adjustments to the workforce of the ailing airline. But in a radio interview he calls involuntary departure of employees of KLM’s sister company an “important red line”. Insiders reported to Bloomberg news agency this …
Germans will print additional 62 billion euro to stimulate economy 16 Jun 2020 The German government plans to raise another 62 billion euros with the bonds. The money is needed to finance the costs of the support measures to tackle the corona crisis. Berlin must have permission from parliament for the extra billions. All in all, the total of debt securities this year would amount to 218 billion euros, insiders around the process …