City Berlin Financial News

German tour operator FTI says it is filing for insolvency protection from creditors, and trips that haven’t yet started will be canceled or scaled back

Volodymyr Zelenskyy concluded long-term security agreements with Sweden and Norway on Friday, a sign of Western commitment to Ukraine as Kyiv seeks further military support from the West in the war with Russia. Zelenskyy visited Stockholm as Western nations discuss whether to let Kyiv use weapons provided by them to strike targets inside Russia. The security deals with Sweden and Norway bring to 15 the number of agreements Kyiv has signed with Western nations. Under the latest deal, Sweden will transfer two ASC 890 surveillance aircraft — seen as crucial for identifying incoming cruise missiles and drones and identifying targets in the air and at sea — as well as its entire stock of armoured tracked personnel carriers. But Stockholm will not yet transfer Saab Gripen fighter jets to Ukraine. Sweden joined the Western military alliance this year and does not have such jets.

An unpopular government with a reputation for constant infighting

Germany on Friday suggested Ukraine could use weapons supplied by Western countries to defend itself against attacks launched from just inside Russia against the northern border region around the city of Kharkiv in accordance with international law. Germany discussed with allies the fact that Russia has carried out strikes on the Kharkiv region from positions in the immediately adjacent Russian border area, a government spokesperson said in a statement. «We are jointly convinced that Ukraine has the right, guaranteed under international law, to defend itself against these attacks,» the spokesperson said.

Crypto traders are snapping up Worldcoin ($WLD) amid circulating rumors on X that an update to ChatGPT is expected to be released on June 6.

Matthew Reilly’s latest spy thriller will titillate the minds of history nerds and science enthusiasts Imagine growing up in Berlin, through the two world wars, with Albert Einstein as your neighbour and mentor? Hanna Fischer, the daredevil protagonist of Matthew Reilly’s new best-seller Mr Einstein’s Secretary, has this bittersweet legacy thrust upon her. Born to a German father and an American mother, Hanna is gifted with an insatiable appetite for science.

₹46,90,000.The 220i M Sport Shadow Edition is offered in two striking colours: Alpine White (non-metallic) and Skyscraper Grey (metallic), with upholstery options in Black and Oyster. Enhanced with a distinctive Blacked-Out Kidney Grille and All-Black Rear Spoiler, the car boasts a sporty, low, and broad-set stance.

Ebrahim Raisi, seen as a possible successor to supreme leader Ayatollah Ali Khamenei, has reshuffled the cards in the succession process and increased the spotlight on the Iranian number one's son Mojtaba as a contender. While analysts emphasise it is impossible to know for sure the intentions of Iran's leadership, Raisi's record as a pillar of the Islamic republic over several decades made him an inevitable candidate to become its third supreme leader after Khamenei and revolutionary leader Ayatollah Ruhollah Khomeini.

A local council in Germany has approved a plan by electric carmaker Tesla to expand the grounds of its first plant in Europe, a proposal which has drawn persistent protests this year

Organizers of Spain’s Princess of Asturias Awards have awarded the prize for the social sciences to Canadian historian and writer Michael Ignatieff

Worldcoin ($WLD), the blockchain project helmed by OpenAI’s Sam Altman, has fallen nearly 20% in the last two weeks and 6.4% overnight despite other leading cryptocurrencies posting green candles.

15 May 2024 – DappCon, the leading developer conference for Ethereum infrastructure and Dapps today unveils its 2024 agenda. Hosted by Gnosis since 2018, DappCon 2024 will be held from the 21st to the 23rd of May this year at Radialsystem, in the heart of Berlin. Together with EthBerlin, DappCon is the flagship event of the Berlin Blockchain Week and will bring together over 900 builders from the Ethereum space including key decision-makers and thought leaders within the Web3 ecosystem, as well as blockchain pioneers, coding maestros, and tech visionaries.

Berlin in 1949 marked a significant turning point in the early stages of the Cold War. The blockade had begun in June 1948, when the Soviet Union, in response to the introduction of a new currency in West Berlin, cut off all land and water routes into the city, effectively isolating West Berlin from the Western Allies. The blockade led to the Berlin Airlift, a massive humanitarian effort by the United States, United Kingdom, and other Western allies to supply West Berlin by air.

German police say they have prevented hundreds of demonstrators from storming Tesla’s factory near Berlin during protests against the pioneering electric car maker over its environmental footprint

Berlin: Six-time Champions League winners Bayern Munich head into Wednesday's second semi-final at Real Madrid ever more reliant on striker Harry Kane amid swirling off-field crises entirely of their own making.

Worldcoin ($WLD), the biometric crypto project helmed by OpenAI CEO Sam Altman, has shot up a blistering 37% in the last seven to trade at $6.17 as of this writing.

Germany said Monday it recalled its ambassador to Russia for a week of consultations in Berlin following an alleged hacker attack on Chancellor Olaf Scholz's party. Germany last week accused Russian military agents of hacking into the top echelons of Scholz's Social Democrats' party and other sensitive government and industrial targets. Berlin has joined NATO and fellow European countries in warning that Russia's cyberespionage would have consequences. The Foreign Office in Berlin said Monday that the government is taking the latest incident «seriously» and that Foreign Minister Annalena Baerbock had decided to call back German Ambassador Alexander Lambsdorff. He would return to Moscow after a week, it said.

For one day, workers ruled the world’s biggest streets.

Rebel Wilson, renowned for her role in the Pitch Perfect trilogy, has dropped a bombshell hinting at the development of Pitch Perfect 4, suggesting that the franchise is set for a revival. While the last installment of the musical comedy series graced screens in 2017, speculation about the continuation of the franchise has persisted, fueled by Wilson's recent revelation.

Kenneth Rogoff, former chief economist of the IMF, is Maurits C. Boas Chair of International Economics at Harvard University. Speaking to Srijana Mitra Das, he discusses the record rise in military expenditure worldwide: Q. Recent reports find global defence spending now amounts to $2443 billion — which economic areas does this impact most? A. While military spending does spin off some technology, by and large, it is not good for growth or consumption because it’s destructive. The United States and Europe are facing pressures today because of Ukraine, the Middle East and potentially Taiwan — but the defence budgets of the West are tuned to a different era. We had a peace dividend after the Berlin Wall fell in 1989 — now, things are going into reverse. This raises the pressure on debt and inflation.

Germany’s Cabinet has approved a 4.57% rise in retirees’ pensionsfrom this summer, an increase that is well above the current inflation rate