Greek and Turkish leaders on Thursday struck an upbeat tone at a rare meeting in Athens, stressing a commitment to resolve outstanding bilateral issues. Turkish President Recep Tayyip Erdoğan and Greek Prime Minister Kyriakos Mitsotakis signed a declar…
BNP Paribas expects 75 bps rate cut from ECB next year
(Reuters) – BNP Paribas expects the European Central Bank (ECB) to deliver its first interest rate cut in April 2024 and a “gradual pace of cuts” through the year, citing weak economic activity and easing inflation. BNP Chief Economist Luigi Speranza s…
German steel major Salzgitter prolongs chief exec Gunnar’s contract
The German steel conglomerate Salzgitter announced on Thursday that chief executive Gunnar Groebler will remain in his position until 2029. Heinz-Gerhard Wente, chairman of the supervisory board, said: “During his tenure to date, Gunnar Groebler has in…
Germany budget chaos: No vote on 2024 budget expected this year
The German parliament will not have time to vote on the country’s 2024 budget before the end of the year, a senior lawmaker from Chancellor Olaf Scholz’s Social Democrats (SPD) wrote in an SMS message seen by dpa on Thursday. Scholz’s three-party coali…
Russian aviation activity declines after Ukrainian fighters down Su-24M bomber
Russian terrorists have reduced aviation activity after the Ukrainian military recently shot down an enemy Su-24M bomber, according to Dmytro Pletenchuk, a spokesperson for the Naval Forces of the Ukrainian Armed Forces. According to the spokesperson, …
Russian aviation activity declines after Ukrainian fighters down Su-24M bomber
Russian terrorists have reduced aviation activity after the Ukrainian military recently shot down an enemy Su-24M bomber, according to Dmytro Pletenchuk, a spokesperson for the Naval Forces of the Ukrainian Armed Forces. According to the spokesperson, …
Russian aviation activity declines after Ukrainian fighters down Su-24M bomber
Russian terrorists have reduced aviation activity after the Ukrainian military recently shot down an enemy Su-24M bomber, according to Dmytro Pletenchuk, a spokesperson for the Naval Forces of the Ukrainian Armed Forces. According to the spokesperson, …
US sets policy to seize government-funded drug patents if price deemed too high
By Patrick Wingrove (Reuters) – The Biden Administration on Thursday announced it is setting new policy that will allow it to seize patents for medicines developed with government funding if it believes their prices are too high. The policy creates a r…
Thousands of trains to be canceled: Large-scale railroad strike announced in Germany
Passengers on trains throughout Germany will face the cancellation of thousands of services due to a strike by the GDL train drivers’ union. The strike will last from Thursday evening to Friday evening (December 7-8). People are advised to reschedule t…
Thousands of trains to be canceled: Large-scale railroad strike announced in Germany
Passengers on trains throughout Germany will face the cancellation of thousands of services due to a strike by the GDL train drivers’ union. The strike will last from Thursday evening to Friday evening (December 7-8). People are advised to reschedule t…