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Top related persons:
Beatrix von Storch - 1 Adolf Hitler's - 1 von Storch - 1 unwaveringly - 1 Graf Schwerin von - 1
Top related locs:
Daun Germany Wall Silicon Rhineland Palatinate
Top related orgs:
Service - 1 Germany - 1 Police - 1 Twitter - 1

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6 mentions found


☆ A far-right German politician and the granddaughter of one of Hitler's henchmen had dog feces smeared on her in a 'disgusting' attack
  + stars: | 2023-08-27 | by ( Alia Shoaib | ) www.businessinsider.com   time to read: +2 min
A German far-right politician had dog feces smeared on her at an event in Daun, southwest Germany. Beatrix von Storch, the AfD's deputy leader, is known for her controversial remarks on immigration. Beatrix von Storch, the deputy leader of the Alternative for Germany party (AfD), said the attack was "disgusting" and vowed not let it discourage her politics. "Yesterday in Rhineland-Palatinate there was another disgusting attack on me [and] the AfD," von Storch, 52, said in a video posted on X, formerly known as Twitter. Police said in a statement that von Storch was attacked on Friday by a 35-year-old man who asked to take a photo with her and then smeared her with dog feces.
Persons: Beatrix von Storch, Adolf Hitler's, von Storch, unwaveringly, Graf Schwerin von Organizations: Service, Germany, Police, Twitter Locations: Daun, Germany, Wall, Silicon, Rhineland, Palatinate
☆ Digital “Chicago Plan” fixes many financial woes
  + stars: | 2023-04-28 | by ( Edward Chancellor | ) www.reuters.com   time to read: +7 min
The economists’ solution – often called the Chicago Plan – was to remove commercial banks from the money-creating business. One of the main problems of a central bank digital currency (CBDC) is that it would compete with old-fashioned bank deposits. With the digital money supply increasing in line with the economy’s potential growth, roughly as Friedman advised, inflation would soon come under control. Non-bank lenders like Apollo Global Management (APO.N) would have an enhanced role under the digital Chicago Plan. At present, there’s little chance of the digital Chicago Plan coming to pass.
☆ Germany has shut down its last three nuclear power plants, and some climate scientists are aghast
  + stars: | 2023-04-18 | by ( Catherine Clifford | In Catclifford | ) www.cnbc.com   time to read: +8 min
16 April 2023, Baden-Württemberg, Neckarwestheim: The Neckarwestheim nuclear power plant. The era of commercial power generation with nuclear power plants in Germany came to an end on Saturday with the separation of the Isar 2, Neckarwestheim and Emsland nuclear power plants from the power grid. Picture Alliance | Picture Alliance | Getty ImagesAs of Sunday, April 16, Germany is no longer producing any electricity from nuclear power plants. With the separation of the Isar 2, Neckarwestheim and Emsland nuclear power plants from the power grid, the era of commercial power generation with nuclear power plants in Germany came to an end on Saturday. Nuclear energy is also often more expensive than wind and solar power, Quaschning said, adding, "there are no longer any real advantages with nuclear energy."
☆ Newmont sees 'significant' shareholder value in buyout of gold rival Newcrest
  + stars: | 2023-02-23 | by ( Divya Rajagopal Sourasis Bose | Divya Rajagopal | Sourasis Bose | ) www.reuters.com   time to read: +4 min
Newcrest, which was spun out of Newmont in the 1990s, rejected the offer last week as too low. But one of Newmont's largest shareholders told Reuters it would not want the company overpaying for its rival. Palmer said that regardless of the outcome of the Newcrest bid, Newmont will develop its 16 billion pounds of copper reserves. Newmont said attributable gold production for the fourth quarter edged up to 1.63 million ounces from 1.62 million ounces in the comparable period a year ago. For 2023, Newmont has given a production guidance between 5.7 million and 6.3 million ounces of gold and guided for an all-in sustaining cost between $1,150 and $1,250 per ounce.
☆ Analysis: Germany's oldest companies face fresh break-up calls
  + stars: | 2023-02-16 | by ( Christoph Steitz Ludwig Burger | Christoph Steitz | Ludwig Burger | ) www.reuters.com   time to read: +5 min
Lawrence Elbaum, co-head of law firm Vinson & Elkins' shareholder activism practice, said investors were looking for value-boosting strategies that do not require much funding in a difficult market. Deka Investment, which has around 367 billion euros ($392 billion) in assets under management and holds stakes in most major German corporations, has repeatedly called out German companies for structural weaknesses. Germany's blue-chip DAX 30 index (.GDAXI) put in the worst performance of any major European stock market in the past year, rising just 2%. Joe Kaeser, supervisory board chairman of Siemens Energy (ENR1n.DE), said the United States was much more advanced, and also more successful, in the field of shareholder activism. As CEO of conglomerate Siemens AG from 2013 until 2021, he engineered one of Germany's most successful corporate break-ups, separately listing Siemens Energy and Siemens Healthineers (SHLG.DE) and merging Siemens's wind unit with Spain's Gamesa.
☆ 3M Investor Raises Concerns About Company Leadership
  + stars: | 2023-02-03 | by ( John Keilman | ) www.wsj.com   time to read: 1 min
An investor said 3M’s revenue and earnings have been disappointing since Mike Roman became CEO. One of 3M Co.’s largest investors has raised concerns about Chief Executive Mike Roman ’s leadership and questioned whether a change may be needed at the top of the manufacturing giant. In a letter to Mr. Roman dated Jan. 28, Bert Flossbach, the co-founder and senior portfolio manager of German mutual-fund firm Flossbach von Storch AG, said 3M’s revenue and earnings have been disappointing since Mr. Roman became CEO in 2018, citing a total shareholder return of negative 32% during that time, compared with a 62% gain in the S&P 500.
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