The Bundeswehr has its 100 billion

by time news

This fulfills a promise made by Chancellor Olaf Scholz (SPD) three days after the Russian invasion of Ukraine. Together, the five parties have the necessary two-thirds majority to anchor the debt-financed special fund in the Basic Law – so the billion fund does not fall under the debt brake.

An economic plan for specific procurement projects and a strategy for more cyber security are also to be presented. This is a kind of consolation for the Greens, who originally wanted to use the 100 billion euros to finance cyber defense and help for partner countries. But when it comes to such important questions, only one sentence applies: “A deal is better than no deal.”

Top-Jobs des Tages

Find the best jobs now and
be notified by email.

EU Commission President Ursula von der Leyen and EU Council President Charles Michel – Cohesion in the EU on questions about the war in Ukraine is dwindling.

(Photo: AP)

In Ukraine, it is not the law of the strongest that should prevail, but the strength of the rule of law. Nevertheless, in the east of the country, aggressive Russia faces far-reaching conquests. The city of Kharkiv, where President Volodomir Zelensky recently visited and fired the head of the secret service, is again under fire.

If Vladimir Putin’s war plan included not too much resistance coming from the European Union, he was right. The EU is still looking for something called governance, for leadership and governance. However, it will not find this scarce commodity in view of the unification pressure among 27 member countries.

And so at today’s and tomorrow’s EU summit, the planned major oil embargo against Russia is to become just a small barricade. Oil is no longer to be delivered by ship in the future, but it can continue to flow through pipelines – such as to Schwedt in eastern Germany. The aim is to use this lazy compromise to persuade the thwarters from Hungary to “okay”.

Conclusion of our cover story: On “Summit of the Perplexed”. This changes the Putinism in Budapest just as little as the good energy income in Moscow. For some decision-makers, frustration in Kyiv seems easier to deal with than anger in Moscow.

Today, Toni Schmücker and Carl Hahn are managers who tend to appeal more to historians than to those interested in cars. And yet they were CEOs of Volkswagen during the period from 1974 to 1986 that is currently making the Brazilian judiciary so curious. The editors of NDR, SWR and “Süddeutsche Zeitung” have more than 2000 pages from an investigation.

It is about allegations of serious human rights violations against temporary workers on a farm on the edge of the Amazon Basin, which the car manufacturer operated at the time. When temporary workers who had had enough of the hard clearing work failed to escape, they were reportedly shot, beaten and tied up. On June 14, VW is invited to a hearing before the labor court in the capital, Brasilia.

“We have to make moral compromises,” says VW CEO Herbert Diess.

Recently, VW repeatedly had to comment on reports that the Chinese state allows members of the Uyghur Muslim minority to be tortured in Xinjiang province – VW has a plant in that area. “We can’t just work with democracies,” announced CEO Herbert Diess in an interview with editor-in-chief Sebastian Matthes. Specifically, the manager says about…

  • …the activities in Xinjiang: “We have been dealing with Xinjiang for many years. Our joint venture partner, SAIC Volkswagen, has a small factory there. We travel there, like everywhere else in the world, make sure that our working standards are enforced, cultural and religious differences are respected.”
  • … the economic situation in China: “Our factories are running again, I expect that the exit restrictions will also be reduced. And I am confident that in a few weeks we will see China ramping up again. The country has a fantastic education, and there is also relatively equal opportunity.”
  • …geopolitical dangers: “When we were young, we couldn’t even go to Saint Petersburg. We hardly had any contacts and couldn’t go to China. The world was closed, smaller, and it developed more slowly. I am afraid that we will now have to deal with such scenarios again.”

When Herbert Diess was 20, the country heard a music hit by “Queen”, the title of which goes very well with the VW boss’s demonstrative optimism: “We are the champions”.

Perhaps the Munich resident in Wolfsburg already had some insider information during the interview about how China wants to restart after its economic slump in April and is pushing away the old formula “lockdown is knockdown”.

In an emergency session last Wednesday, Premier Li Keqiang swore in more than 100,000 participants – officials from the city, state and regions – on the new course via video conference. These include, for example, tax breaks, credit extensions for small companies, or emergency loans for the aviation industry. By the end of the month, 33 concrete measures are to be implemented.

In some aspects, the economic impact is now greater than when the coronavirus broke out more than two years ago, Li said. state no one come.

Siemens boss Roland Busch raves about the “most modern railway network in the world”.

Now that we’re talking about countries that don’t exactly come across as flawless democracies, but which give us a lot of economic pleasure, we quickly end up in Egypt. The government of President Abdel Fattah al-Sisi is considered to be repressive and authoritarian, and anyone who campaigns for human rights here sometimes disappears in the labyrinth of the all-powerful security forces.

In this country, which once experienced a Facebook revolution, Siemens is celebrating the “biggest order in the company’s history”: A 2,000-kilometer high-speed rail network is to be built, and the company is to supply more than a hundred trains and locomotives.

The total order value for Siemens is 8.1 billion euros. CEO Roland Busch raves about the “most modern railway network in the world”. We hastily rephrase Herbert Diess: “We also have to work with autocracies.”

And then there’s the final of the “Champions League” on Saturday, that made more of a name for itself through the prelude and the aftermath than through the game itself, which incidentally, Real Madrid won 1-0 against Liverpool FC.

Before: UEFA has organized many such events in its many years of maximizing revenue, but this time it failed so blatantly in Paris with ticket control that the footballers kicked the ball 36 minutes late, which made the TV presenters chatter meaninglessly.

After that: The former national player Toni Kroos, who had been in Real’s service for a long time, abruptly broke off a ZDF interview after the end of the game because he didn’t like the question about the pressure his club was under: “You had 90 minutes, you had sensible questions to think, and then you ask me two shitty questions.”

Incidentally, Kroos also had 90 minutes to think of sensible answers. In such cases, Mark Twain is always quite good: “There is not a line of latitude that does not believe that it would be the equator if all were right.”

I wish you a sensible start to the week.

It greets you cordially

Her
Hans-Jürgen Jakobs
Senior Editor

You may also like

Leave a Comment