German government mulls limiting migrant remittances
29 October 2023 | 3:18 pm
The German Finance Ministry says it wants to restrict remittances that migrants send back home. This would risk increasing poverty in poorer countries, say experts.
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13 Nov 2022
German Economy Minister Robert Habeck wants to stop the sale of a chip production plant to a Chinese investor. The Green Party politician has expressed concern about giving China control over key infrastructure.
9 Dec 2022
The Ukraine war has eaten up the Bundewehr's munitions stockpile, sparking concern among politicians and the military. Meanwhile, inflation is eating away at the €100 billion in extra military spending pledged by Berlin.
With China scrapping its strict COVID restrictions, several countries have introduced mandatory testing on travelers from China. Italy is calling for EU-wide measures.
Europe is facing its worst drought in at least 500 years, with two-thirds of the continent in a state of alert or warning, reducing inland shipping, electricity production and the yields of certain crops, a European Union agency said on Tuesday.
A prominent environmental group accused Berlin of failing to meet its own climate goals. It is asking for an emergency program to salvage the targets.
Germany's government wants higher safety standards for smaller ships. Sea rescue organizations see this demand as a violation of the coalition agreement and as a hindrance to their mission.
The war in Ukraine is proving expensive, even in Germany, where the government has to save money and decide what is more important: International security or social welfare?
Uganda's new anti-LGBTQ bill which proposes punishing people who support or fund homosexuality has widespread support from MPs — but rights activists say the bill is a diversion from the real issues affecting citizens.
A potential ban could be on the table, media reports said. A German government spokesperson rejected the claim.
Hours after Germany closed its last three nuclear power plants, one state premier has sought powers to partially reverse the decision. A law change would allow Bavaria to operate the Isar 2 power station, he said.
Germany is currently the only country that has an actual plan to reduce energy demand permanently. Its goal is to reduce gas consumption by 20 percent, and includes a set of energy savings provisions for both companies and state entities.
4 hours ago
The Group CEO of Metro Capital Advisory, Farouk Saleh says sustainable infrastructure Development needs to be anchored on healthcare, education, and other key services sector that add value. Speaking with CNBC Africa, he notes driving investments into the establishment of a 1,500 medical bed city in Abuja, Nigeria is a focal point in Nigeria’s health services trajectory.
4 hours ago
The Co-founder and Chairman of Waltersmith Petroman Oil Limited, Abdulrazaq Isa says the future of Nigeria’s oil and gas is value addition. In a chat with CNBC Africa, he notes expansion of the capacity of modular refineries, fertilizer production and increased gas-to power projects are vital to harness the prospects ahead.
4 hours ago
The Group President of the African Development Bank, Akinwumi Adesina says Africa with about 6.2 trillion dollars worth of natural resources, 65 per cent of the world’s uncultivated arable land, and a vibrant youth population has no excuse to be poor. He reiterates the continent must look inward urgently to solve its many challenges and prompts citizens to hold governments accountable for poverty
1 day ago
Gabriella Bankova went on a hunger strike in the Bulgarian capital to be able to officially change her gender. Activists say the country is lagging when it comes to LGBTQ+ rights.
1 day ago
Users are spending more time online. Among children, social media consumption has skyrocketed compared to pre-pandemic levels. In the US, tech giants are on trial for endangering minors with addictive platforms.
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