Tag: imports
Member states agree on CO2 taxes for imports
Meeting of finance ministers in Brussels Paolo Gentiloni, Christian Lindner and Bruno Le Maire in conversation. (Photo: REUTERS) Brussels The finance ministers of the EU countries agreed on Tuesday to…
How to reduce dependency on Russian oil
Brussels, Berlin Rapidly reducing energy dependency on Russia is a declared goal of Germany and the European Union in view of the Russian war of aggression against Ukraine. The Federal…
US halts imports of Russian oil
Berlin, Brussels, Dusseldorf, Houston, London, Zurich In response to Vladimir Putin’s war of aggression in Ukraine, the US and Britain have imposed further punitive measures against Russia. Washington is stopping…
US halts imports of Russian oil
Joe Biden Last year Russia was the third most important country for US imports of crude oil and petroleum products. (Photo: Reuters) Houston, Dusseldorf US President Joe Biden announced an…
Oil imports must be stopped
Solidarity with Ukraine Peace demonstration against the war in Ukraine in Mannheim. (Photo: IMAGO/UJ Alexander) Every tank of petrol and every degree more in the apartment also finances Vladimir Putin’s…
EU wants to reduce oil and gas imports from Russia “very soon”.
EU foreign policy chief Josep Borrell The EU is discussing direct sanctions against the Russian oil and gas sector. (Photo: Reuters) Brussels Since the Russian attack on Ukraine, it has…
The Black Sea is becoming the bottleneck for the global economy
Istanbul Those who are currently in Istanbul can watch merchant ships sailing through the strait towards the Black Sea on the Bosphorus. But it doesn’t take long before they meet…
China’s coal imports from Russia are faltering
coal loading Coal prices from exporters like Indonesia, Australia and South Africa have jumped this week. (Photo: Reuters) Beijing, Singapore China is cutting back on its imports of Russian coal…
Additional Customs Duty Removed for Imports of Some Products
With the Presidential Decision No. 5207 published in today’s issue of the Official Gazette, the additional customs duty applied on the import of some industrial and agricultural products was abolished.…
Need hydrogen imports in the energy transition
Robert Habeck The Federal Minister of Economics has specific ideas as to how the transition to green energy can be bridged. (Photo: dpa) Berlin According to Federal Minister of Economics…
Inflation in Turkey reaches 49 percent – and continues to rise
Istanbul If the price of a packet of pasta in Germany tripled within a year, there would probably be protests. In Turkey this has become a reality. 500 grams of…
China’s export surplus will hit a new high in 2021
China’s export growth continues The country achieved a record foreign trade surplus in 2021. (Photo: dpa) Dusseldorf World export champion China has reported a record foreign trade surplus for 2021.…
Germany must become less dependent on raw material imports
Robert Habeck The Economics and Climate Minister spoke in the Bundestag of a worldwide “hunger” for fossil fuels. (Photo: Reuters) Berlin In view of the rising energy prices, Germany has…
Associations warn of food shortages
Supermarket in London Associations fear food shortages at the beginning of next year. (Photo: Reuters) London Shortly before the start of new controls on food imports from the EU, a…
US trade deficit bigger than ever – imports rise sharply
Port in Los Angeles Imports exceeded exports by $ 97.8 billion. (Photo: dpa) Washington The notorious US deficit in goods trade reached a record high in November. Imports exceeded exports…
Resolution of the supply chain problems is looming
Port in Hamburg Most economic researchers assume that the German economy will contract slightly towards the end of the year. (Photo: dpa) Berlin The prospects for German companies appear to…
US House of Representatives decides to ban imports of products from Xinjiang
Washington The USA wants to initiate further sanctions against China because of the oppression of the Muslim Uighur minority. The US House of Representatives on Wednesday passed a law banning…
China’s exports increased by 27.2 percent in October
Shandong in China Imports from Germany have fallen significantly. (Photo: AP) Beijing China’s exports rose 27.2 percent year-on-year in October to a total of 300.2 billion dollars (259.3 billion euros),…
Strict rules for electricity imports from renewables
Solar power plant in Spain In the hydrogen age, Germany has to import electricity from renewable energies, especially from the sunny south. (Photo: dpa) Berlin The National Hydrogen Council (NWR)…
Why economic growth could be a problem
Istanbul Hatice Kilic worries about going to the weekly market. The mother of three and the owner of a small guesthouse on the Turkish Mediterranean coast is happy that tourists…