Saudi Arabia is transferring part of its Aramco holdings to sovereign wealth funds

An Aramco oil refinery in Saudi Arabia With the sale of the Aramco shares, the country is to be reformed. (Photo: Archyde.com) Riad Saudi Arabia has transferred a billion-dollar stake in its stake in oil giant Aramco to a public investment fund. 4 percent of the shares worth a good 80 billion dollars (approx. 70.5 … Read more

Russia rejects US warning of attack on Ukraine

Russian Embassy in Washington The Russian ambassador in Washington accuses the US of a “propaganda campaign” against Russia. (Foto: imago images/ITAR-TASS) Moscow, Washington Russia’s embassy in the US has dismissed US warnings of an attack on Ukraine as unfounded. “Alarmism” is being spread in the US without any evidence to back up the claims, Russian Ambassador … Read more

USA want to increase engagement in the Indo-Pacific region

White House The US government wants to strengthen its commitment in the Indo-Pacific region. (Photo: dpa) Washington The USA wants to strengthen its diplomatic and security policy engagement in the Indo-Pacific region. This emerges from a 12-page document published by the government on Friday (local time). Accordingly, the US wants to modernize alliances, strengthen new … Read more

How the EU intends to defend its power in standardization

Brussels At the beginning of February, the EU Commission wants to present its standardization strategy – a document that can be of great importance for the European export industry. Because Europe runs the risk of losing its prominent position in the field of standardization. China is filling more and more posts in international bodies, at … Read more

This is how Russia, China and the USA react

Istanbul, Moscow, Berlin, Beijing, Washington The state crisis in Kazakhstan is widening dramatically. President Kassym-Shomart Tokayev fired the government and deposed long-time head of state Nursultan Nazarbayev as head of the Security Council. But that did not calm the demonstrators. This feeds rumors of a palace revolt, according to which Tokayev, chosen by Nazarbayev, will … Read more

Biden assures Selenskyj support

Joe Biden The US President is behind Ukraine in the conflict with Russia. (Photo: dpa) Washington US President Joe Biden has assured his Ukrainian colleague Volodymyr Selenskyj that he will help him in the conflict with Russia. Biden made it clear that the United States and its allies “will respond resolutely if Russia continues to … Read more

Allianz’s new Asia-Pacific board member initially in tandem

Allianz Sirma Boshnakova has the necessary international experience. (Photo: Allianz) Munich The personality is unusual in several ways. When Sirma Boshnakova moves into the Allianz Board of Management at the turn of the year, the committee will not only grow by one person to eleven members, but the description of the tasks will also be … Read more