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• Germany rejected Poland’s request to send the Patriot missiles that Berlin offered to Warsaw to be sent to Ukraine instead, saying that the air defense units are "intended for NATO territory use only." Germany added that any use of Patriots outside NATO territory should require prior discussions with NATO allies. NATO In other news: Poland's PM Mateusz Morawiecki said he will press Hungarian PM Viktor Orban to support Finland and Sweden's acceptance into ...Devamını Oku
25 Kas 2022
• The EU is considering a price cap on Russian oil between $65 and $70 a barrel, according to Bloomberg sources, a level that is more generous than many expected and might have minimal impact on Moscow’s bottom line. EU ambassadors are meeting on Wednesday with the aim of approving the capping mechanism and a proposed price level. via Bloomberg
24 Kas 2022
• Credit Suisse shareholders approved a €4.1 billion equity capital raise, which was first proposed last month under the lender's restructuring plan. The approval came after the Swiss bank on Wednesday announced it expects losses up to €1.5 billion in Q4, saying the "challenging" economic and market environment had an adverse effect on client activity across its business. via Bloomberg On a related note: Credit Suisse clients pulled as much as €86 billion f...Devamını Oku
24 Kas 2022
• Germany's Chancellor Olaf Scholz pledged on Wednesday to end the country's "one-side dependence" on Russia and China for energy and trade, reimagining their commercial ties due to Russia's war in Ukraine. via Bloomberg Furthermore: Germany’s parliament started its “general debate” on the 2023 budget, where Scholz said they have the energy crisis “under control” with policies like chartering floating liquified natural gas facilities and extending the life ...Devamını Oku
24 Kas 2022
• The German government is planning a €54 billion package to cap gas and electricity prices for companies and households next year as Europe’s largest economy seeks to contain the fallout from Russia’s moves to slash energy supplies. The package will be partly financed by a windfall tax on electricity profits, which the government expects to raise a double-digit billion-euro amount. On a related note: Italian PM Giorgia Meloni presented her government's first budge...Devamını Oku
23 Kas 2022
• Volkswagen slashed its sales target in China by roughly 14% for 2022 as the Covid-Zero policy returns to the country, which is expected to disrupt supply chains for the auto industry. The German carmaker estimates to sell 3.3 million cars, level with its 2021 sales, instead of its previous forecast of 3.85 million. via Bloomberg
23 Kas 2022
• Hazine ve Maliye Bakanlığı , Suudi Arabistan'ın TCMB bünyesinde 5 milyar dolarlık mevduat hesabı açması konusundaki görüşmelerde nihai aşamaya gelindiğini doğruladı. Bir adım geriden: Reuters'a konuşan bir Suudi Arabistan Maliye Bakanlığı sözcüsü, "TCMB'ye 5 milyar ABD doları tutarında bir mevduat yatırmak için son görüşmeleri yapıyoruz" ifadelerini kullanmıştı.
23 Kas 2022
• Russian diesel loadings destined for the Amsterdam-Rotterdam-Antwerp storage region rose to 215,000 barrels per day from Nov. 1 to Nov. 12, up by 126% from October, according to energy analytics firm Vortexa, as European traders rush to fill tanks in the region before an EU ban begins on Feb. 5, which will follow a ban on Russian crude taking effect on Dec. 5. via Bloomberg On a related note: Russia has already lost more than 90% of its market in the EU’s...Devamını Oku
22 Kas 2022
• The fall in Sweden’s housing prices accelerated as the Nordic country gripped by the most severe housing slump in three decades shows what may lie ahead for many other developed economies. In October, the HOX Sweden housing-price index decreased 3% from the previous month, the steepest drop since June, Valueguard said on Monday. Sweden’s home prices have dropped by about 14% from a peak earlier this year, sliding for seven straight months.
22 Kas 2022
• Head of Twitter in France , Damien Viel, said he was quitting his position after leading the platform's office for seven years. Viel did not elaborate on the reason behind his departure, although the resignation came amid new owner Elon Musk's infamous layoffs that cut down the staff globally by about half. via NBC More layoffs? Elon Musk is considering cutting more jobs that would target the company’s sales and partnership teams, Bloomberg reported .
22 Kas 2022