2023-08-17 22:05:40 New York Heavily indebted Chinese real estate developer China Evergrande has filed for Chapter 15 bankruptcy protection in the United States. That emerges from documents of the bankruptcy court in Manhattan from Thursday. Under Chapter 15 of the US bankruptcy law, foreign companies can be protected from lawsuits by American creditors while they … Read more
2023-08-06 15:52:12 Mohammed bin Salman The Saudi Crown Prince wants to make a name for himself on the stage of international diplomacy. (Photo: via REUTERS) Tel Aviv In order to end the war with Russia, Ukraine must also win over countries in the Global South. Kiev receives support from Saudi Arabia. Crown Prince Mohammed bin … Read more
2023-07-21 09:50:00 China vs. USA Both the US and China have great economic power – and are fighting for supremacy. (Photo: Stephan Schmitz for Handelsblatt) According to many experts, China is economically more unstable than it appears. At the same time, the USA is achieving astounding success with its reindustrialization strategy. In contrast to China, … Read more
Nord-Stream-Pipeline Russia is the largest oil supplier in Europe. (Photo: AFP) Moscow After the start of the war against Ukraine, Russia openly threatened to stop gas deliveries through the Nord Stream 1 pipeline in the Baltic Sea for the first time. “We have every right to make a ‘mirror-fair’ decision and to issue an embargo … Read more
Visa and Mastercard credit cards Because of the Russian invasion of Ukraine, the two credit card providers are suspending their business in Russia. (Photo: dpa) Washington Because of the Russian invasion of Ukraine, the world’s two largest credit card providers, Visa and Mastercard, are suspending their business in Russia. Visa will work with customers and … Read more
Wladimir Putin The Russian President has so far been unimpressed by the sanctions imposed by the West. (Photo: AP) Düsseldorf, Berlin, Brussels In the EU there was talk of a “Big Bang” package of sanctions against Russia. However, the impact of the first round of punitive measures announced by the USA, EU, Great Britain, Japan … Read more
Brussels, Moscow, London, New York Despite the efforts of the Europeans, the chance of a peaceful solution to the conflict with Russia over Ukraine is dwindling. Russian President Vladimir Putin has recognized the self-proclaimed People’s Republics of Donetsk and Luhansk in eastern Ukraine as independent states. The Kremlin chief signed a corresponding decree on Monday … Read more
Joe Biden The US President exchanged views with allies by telephone in the evening. Photo: Uncredited/The White House/AP/dpa (Photo: dpa) Munich Russia plans to attack Ukraine next week, including the populous capital Kiev, according to US President Joe Biden. Biden said at the White House on Friday that he was “convinced” that Russian President Vladimir … Read more