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Showing posts with label industry. Show all posts
Showing posts with label industry. Show all posts

Sunday 21 December 2014

Economic slump in Russia to wield telling impact on Germany companies

Economic slump in Russia poses an increasingly serious threat to the German companies operating in that country, the President of the Association of German Chambers of Commerce and Industry (DIHK), Dr. Volker Treier said in an interview published by Bild am Sonntag newspaper.

The crisis in the Russian economy is putting an increasingly bigger brake on the business operations of German companies in Russia, Dr. Treier said, adding their activities were suffering in the first place from the falling exchange rate of the ruble.

Wednesday 20 February 2013

German industry, government planning for resource wars

By Peter Schwarz
20 February 2013
A year ago, leading German industrial companies launched the Resource Alliance (Rohstoffallianz) for the purpose of securing the supply of selected raw materials for its shareholders and corporate members. To achieve this goal, it is calling for the use of military assets.
In an interview with Reuters on Monday, the manager of the Resource Alliance, Dierk Paskert, called for “a strategically oriented foreign economic and security policy” to ensure the supply of raw materials for German business.
Although this policy should be guided by the “objective of free and transparent commodity markets,” Paskert said, “it would be naive to take this for granted in the near future.” Developments had moved in “exactly the opposite direction, unfortunately.” Therefore, Paskert concluded, “we [Germany], together with our partners in the EU and NATO, must take on more responsibility in foreign economic and security matters.”

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