G20 countries back global tax reform, says Germany’s finance minister
12 July 2021 | 3:40 pm
Finance ministers from the world's largest economies are now on board with the US push to fight tax havens. But there is "very little time" before it goes into effect in 2023, German Finance Minister Olaf Scholz warns.
A mandatory label documenting how animals were reared and other new regulations are supposed to improve animal welfare. Is it a step toward more transparency for consumers — or just greenwashing?
The German government is planning to expand the powers of its antitrust authorities. The move comes after recent measures to compensate for rising gasoline prices have turned into a profit windfall for oil companies.
The German government has begun several weeks of expert testimony on liberalizing recreational cannabis use. Health Minister Karl Lauterbach hopes to present a new law in the coming months.
A top German diplomat was accused of groping a woman at an LGBTQ event in Karachi. But Germany's Foreign Ministry says it found "no evidence of sexual harassment."
Angola will become the first African country to supply Germany with green hydrogen as Berlin seeks to transition into clean energy. Experts say Africa has massive green energy potential, but it involves risks.
Europe continues to struggle with a heat wave, though some have seen a respite from record high temperatures for the time of year. One of several wildfires has raged out of control on Greece's second-largest island.
Hackers breached the system used Germany's ruling Green Party and gained access to accounts previously used by Foreign Minister Annalena Baerbock and Economy Minister Robert Habeck, party officials said.
The far-right AfD party will stick with Tino Chrupalla and Alice Weidel as party leaders, after Chrupalla fended off a challenge from a slightly more moderate candidate and then endorsed Weidel.
In the first case of its kind, German prosecutors have seized several apartments belonging to a Russian lawmaker. So far other sanctioned assets have simply been frozen.
In a speech ahead of key summits, the German chancellor has told parliament that "we will defend every square meter of NATO territory." He also described a partnership with Russia under Vladimir Putin as "unimaginable."
Without Russian natural gas, Germany will be facing an energy crisis. Coal, nuclear, fracking or renewable energy — what are the most realistic and climate-friendly options?
Germany has taken a step towards rationing natural gas by activating the second of three stages in an emergency plan. Officials say that since Russia reduced supplies, gas is now a "scarce commodity". Also in the show: the UK is hit by a second day of rail strikes over job security, pay and the rising cost of living, and high inflation in France prompts a boom in demand for camping holidays.
8 mins ago
The French president has reshuffled his cabinet after losing an absolute majority in parliamentary elections last month. Some had to leave after losing their seats, others are facing different problems.
8 mins ago
Danish police said three people were killed in a shooting at a shopping mall in the capital Copenhagen. Authorities have detained one suspect in connection with the incident.
2 hours ago
President Yoon Suk-yeol is going all in on nuclear power, both at home and abroad, marking a shift from his predecessor's undecided approach.
2 hours ago
Police in Denmark have said a shooting in a Copenhagen shopping mall in which three people were killed does not appear terror-related. A 22-year-old, known to mental health services, was arrested soon after the incident.
2 hours ago
Fitch Ratings says it expects Nigeria’s economy to witness a 3.1 per cent growth this year, as it expects rising inflation, estimated at 17 per cent this year, may dampen the country’s economic growth.