As a result of the corona pandemic, Federal Finance Minister Olaf Scholz wants to significantly increase new debt again this year. The supplementary budget for the current year is expected to amount to over 60 billion euros,
the news agency Reuters learned from coalition circles. This would increase the already planned new borrowing this year to a record value of over 240 billion euros.
The SPD minister wants to present details of the supplementary budget as well as the key figures for the 2022 budget to the cabinet on Wednesday. It is expected that the debt brake will also be suspended for 2022 in order to enable high levels of new borrowing.
The Treasury Department declined to comment.
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The US District Court for the Southern District of California has unsealed a federal criminal complaint accusing ten Iranian nationals of conspiring to breach the Iranian Transactions and Sanctions Laws,
the Iranian Financial Sanctions Regulations and the International Emergency Economic Powers Act. They are accused of being involved in a scheme to evade US sanctions on Iran by disguising over $300 million in transactions on behalf of the Iranian government over a 20-year period.
The defendants are accused of trying to defraud financial institutions by using over 70 front companies in the United States, Canada, Hong Kong, and the United Arab Emirates to facilitate the transactions. The proposal also requires the acquisition of two $25 million oil tankers,
The EU Council agreed today to implement restrictive sanctions on eleven persons and four entities who are responsible for severe human rights violations and abuses in different countries around the world.
These 15 designations are part of the first larger set of listings under the EU Global Human Rights Sanctions Regime, which also included the naming of four #Russian individuals earlier this month.
The sanctions demonstrate the EU's firm commitment to uphold human rights and take concrete measures against those who violate or abuse them. The violations targeted today include the large-scale arbitrary detentions of, in particular, #Uyghurs in #Xinjiang in #China,
The German Federal Ministry of Health has applied to the Ministry of Finance for further expenditure of around 5.86 billion euros to deal with the corona pandemic.
This emerges from a presentation by the Ministry of Finance for the budget committee of the Bundestag that was presented to Reuters on Monday.
Accordingly, costs of up to 3.3 billion euros are planned for the so-called citizen tests and other test expenses borne by the federal government. Around 1.5 billion euros are planned as compensation for vaccinations in medical practices in the months of April to June.
China is willing to work with the Democratic People's Republic of Korea (DPRK) and other related parties to uphold the political settlement of the Korean Peninsula issue and preserve peace and stability on the peninsula, according to Xi Jinping,
general secretary of the Communist Party of China (CPC) Central Committee. Xi made the remarks during a verbal exchange with Kim Jong Un, the DPRK's Workers' Party of Korea (WPK) general secretary.
During their meeting on Monday in Beijing, Song Tao, minister of the CPC Central Committee's International Department, and Ri Ryong Nam, DPRK ambassador to China, delivered the messages. Song sent Xi's verbal message to Kim,
A new coronavirus mutation had been detected at the university of Liege named "B.1.214 or “Spike Insertion”. It says this mutation accounts actual for 4% of all new infections in Belgium.
Scientists sayed to it as “mutation that had almost never been observed before.” How ever they also sayed it is likely not from Belgium, but more likely from the Sub-Saharan Africa region and reached Belgium.
In the midst of a government crisis due to Corona crisis management in Slovakia, Prime Minister Igor Matovic has offered to resign to save the coalition.
Matovic said on Sunday that he was ready to resign but remain a member of the government. “In order to calm the situation”, the Minister of Economic Affairs and the Minister of Justice of two smaller coalition parties would also have to resign.
The junior partners in the coalition had threatened to withdraw from the government if Matovic did not step down by Wednesday. The Slovak government is under pressure because of the Corona crisis.