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Top related persons:
Holger Kunze - 1 Kunze - 1 Franziska Brantner - 1 Brantner - 1 Germany's - 1 Christoph Steitz - 1 Riham - 1 Rachel More - 1
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BERLIN China Beijing United States Germany U.S Europe Brussels
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Federal Institute for Geosciences - 1 Natural Resources - 1 Thomson - 1

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3 mentions found


☆ Germany says preparing for possible China export control impact
  + stars: | 2023-07-05 | by ( ) www.reuters.com   time to read: +2 min
In 2022, China supplied 27 tonnes of gallium to Germany, accounting for 55% of total imports. Regarding germanium, China supplied 3 tonnes, or 75%, according to data supplied by the Federal Institute for Geosciences and Natural Resources (BGR). A German industry representative said earlier on Wednesday that China's decision may be in response to U.S. trade restrictions, but its impact will also be felt in Europe. "It is not yet possible to predict whether these measures will have an impact on our supply of these raw materials," Franziska Brantner, state secretary in Germany's economy ministry, told Reuters. "Based on what is known so far is initially only an export control measure, not restrictions," Brantner said.
Persons: Holger Kunze, Kunze, Franziska Brantner, Brantner, Germany's, Christoph Steitz, Riham, Rachel More, Friederike Heine, Alexander Smith, David Gregorio Our Organizations: Federal Institute for Geosciences, Natural Resources, Reuters, Thomson Locations: BERLIN, China, Beijing, United States, Germany, U.S, Europe, Brussels
☆ Analysis: Washington pushes for harsher action against banks with Russia ties
  + stars: | 2023-02-14 | by ( John O'Donnell | ) www.reuters.com   time to read: +6 min
"We are looking at additional banks and financial institutions to see how Russia deals with the outside world. Some European banks, including UniCredit (CRDI.MI) and Raiffeisen Bank International (RBIV.VI), have large businesses there and must follow local rules to grant payment holidays to soldiers. ENFORCEMENTO'Brien said that the United States would step up enforcement, something the EU also hopes to improve. "We are now looking at how sanctions, including financial sanctions, can be most effective," he said. "While the majority of important Russian banks are sanctioned, there is a lot outside that perimeter that you could go after," said Nicolas Veron, of Washington think tank the Peterson Institute for International Economics.
☆ Germany's Scholz sets off on first South American tour to boost trade, environment ties
  + stars: | 2023-01-28 | by ( ) www.cnbc.com   time to read: +3 min
Chancellor Olaf Scholz said Germany is looking to create closer ties with countries that share its values, naming Japan and India, among others. German Chancellor Olaf Scholz heads to Argentina on Saturday for the first leg of his inaugural tour of South America as his government seeks to reduce Germany's economic dependence on China and strengthen relations with democracies worldwide. High on the agenda for talks will be the war in Ukraine and the lessons drawn from it — including for Berlin, a greater awareness of the need to reduce economic reliance on authoritarian states. "These three countries are all interesting partners for the diversification of our economic relations generally but also of our sourcing for commodities," a German government official said on Friday. The chancellor will address that as well as visit the memorials of victims of Argentina and Chile's military dictatorships.
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