Roundup 3: Court stops US tariffs – wait in Berlin and Brussels
Brussels/Washington – After the sensational decision of a US Federal Court against customs policy of President Donald Trump, the situation remains confusing. While the government in Washington immediately appealed, both the European Union and the Federal Government reserved. The political and economic effects of the court decision are currently hardly foreseeable.
Roundup/ USA: Economy shrinks at the beginning of the year
Washington – The US economy has shrunk by severely increased imports at the start of the year. In the first quarter, the gross domestic product (GDP) fell to the previous quarter of 0.2 percent, as the Ministry of Commerce announced on Thursday in Washington, according to a second estimate. Initially, a decline was determined by 0.3 percent. On average, economists had expected confirmation of the initial estimate. In the fourth quarter, the largest economy in the world had increased by 2.4 percent.
USA: Applications for unemployment benefits increase more than expected
Washington – In the United States, the number of income on unemployment benefits has increased more than expected. In the past week they increased by 14,000 to 240,000, as the Ministry of Labor announced in Washington on Thursday. Economists had expected an average of 230,000 auxiliary applications.
Roundup/von der Leyen: Our mandate is European independence
Aachen – In her award with the International Charles Prize, EU Commission President Ursula von der Leyen promoted Europe for self -confidence and independence. “An independent Europe – I know that this message sounds scary to many. But this is essentially about our freedom,” said the CDU politician in the Aachen town hall after her Karl Prize was awarded there.
Roundup 2: Merz wants to ignite the turbo for growth
Berlin – German industry welcomes the immediate program announced by the coalition to strengthen the economy and warns in a hurry. “It is good and important that the federal government wants to get specific projects for the economy before the summer break,” said Tanja Gönner, the general manager of the Federal Association of German Industry (BDI). Before the summer break, companies would need a clear departure signal and planning security for investments. “Now it is important to implement the announced specific and quickly,” said Gönner.
Roundup: Kremlin suggests the Ukraine new negotiation on Monday
Moscow – In the struggle for the end of the Ukraine War, Russia proposes another direct discussion about a ceasefire on this Monday. Negotiations should take place again in Istanbul, Foreign Minister Sergei Lawrov said according to the state agency TASS. The Russian delegation is ready to present a memorandum to the Ukrainian team. The paper states the Russian position at “all aspects of reliable overcoming the basic causes of the crisis”.
Slovak central bank chief condemned for bribery
Bratislava-The Slovakian National Bank Gouvenur and ex-finance minister Peter Kazimir was convicted by a special court responsible for corruption on Thursday. His lawyer announced an appeal against the judgment on the same day. As governor of the National Bank of Slovakia (NBS), Kazimir also represents the Euro-Land in the Council of the European Central Bank ECB.
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Roundup: You read a summary in the economic overview. There are several reports on this topic on the dpa-AFX intelligence service.
/JSL