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The Latest Breaking News from Olaf Scholz

US Financial Stocks Plummet On Fears Of Contagion After Deutsche Bank Selloff

The stability of Deutsche Bank could put Europe in panic mode as two of the major US banks have collapsed in the wake of a crisis

Zenger

German governing coalition fails to settle disputes after 20 hours of talks

The three parties in Germany's governing coalition on Monday ended 20 hours of talks without resolving disputes over spending and other issues although Chancellor Olaf Scholz said they achieved "very good progress."

Reuters

Here’s Why You Should Read Between the Lines of Unusual Options Volume

While the heavyweights offered words of reassurance to investors regarding Deutsche Bank’s fallout, everyone should instead look to the unusual options volume indicator.

Barchart

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Deutsche Bank shares plummet, fuelling fears

BERLIN: Shares in Deutsche Bank fell heavily Friday on the lender's surging cost of default cover, reigniting fears about a widening banking sector crisis.

Bangkok Post

Deutsche Bank scare forces Germany's chancellor to urge investors not to panic

Deutsche shares fell as much as 15% in trading on Friday, prompting concerns it might be the next domino to fall after failed lender Credit Suisse.

Fortune

Four Banks Collapsed. Worries About Two Others Persist. Will They Fall?

Pressure mounts on First Republic Bank, while in Europe, worries surrounding Deutsche Bank are new signals of the banking crisis.

The Street

Germany faces EU backlash over U-turn on phasing out combustion engine

Row a further signal of tensions over the green deal landmark proposals to tackle climate crisis

The Guardian - UK

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Deutsche Bank is no Credit Suisse, despite investors’ fears

German lender’s shares were hit by general loss of confidence, not by any specific failings

The Guardian - UK

France-Germany row overshadows EU leaders summit

Tensions between France and Germany driven by differences over nuclear energy and combustion engines cast a shadow over a meeting of the 27 European Union leaders Thursday.

Radio France Internationale

France and Germany Tensions Loom over EU Leaders' Summit in Brussels

A burgeoning row between France and Germany fired by differences over nuclear energy and combustion engines threatens to spill over into a gathering of the 27 European Union leaders on Thursday. A row erupted between two of the European Union's biggest economies after Berlin upset some of its partners, notably…

Asharq Al-Awsat

Germany to relax rules around giving double-barrelled names to children

The country’s current laws are strict when it comes to naming a child

The Independent UK

Taiwan visit China called 'vile' is a 'normal work trip', German minister says

Germany's education minister said on Wednesday that she was on a "normal work trip" to Taiwan to seek collaboration with partners that share similar challenges, a visit China has condemned as "vile".

Reuters

China protests 'vile' Taiwan visit by German minister

Beijing expressed its anger at a visit by Germany's education minister to Taiwan on Tuesday, describing it as "vile", while a source at Berlin's foreign office responded by saying the trip did not deviate from Germany's "one China" policy.

Reuters

Banking turmoil questions answered: What it means for you, your mortgage and your pension

Financial authorities are now trying to prevent problems spreading throughout the global banking system and a repeat of the disastrous financial meltdown of 2008

Daily Mirror

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Asharq Al-Awsat

Germany, Japan Seek Cooperation on Economic Security amid Supply Chain Strains

Germany and Japan agreed to cooperate closely on economic security on Saturday during their first ever high-ministerial government consultations, held amid tensions over global supply chains and economic disruptions caused by the war in Ukraine. German Chancellor Olaf Scholz, accompanied to Japan by six ministers, is looking at ways to…

The Independent UK

Scholtz visits Japan to firm up economic, defense ties

German Chancellor Olaf Scholz and Japanese Prime Minister Fumio Kishida are holding the first round of government consultations in Tokyo as they seek to strengthen economic and defense ties

Reuters

Germany, Japan seek cooperation on economic security amid supply chain strains

Al Jazeera

German minister heading to Taiwan, first such visit in 26 years

A government spokesperson says the visit will focus on semiconductors and not the island’s sovereignty.

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Asharq Al-Awsat

Berlin Calls for Resolving Differences Over Iran’s Nuclear File

German Chancellor Olaf Scholz on Thursday called for resolving differences over the Iranian nuclear efforts and expressed his concern about the “real danger” posed by Tehran's program. Speaking alongside Prime Minister Benjamin Netanyahu after talks in Berlin, Scholz said Germany and other countries are working to prevent Tehran from obtaining…

Asharq Al-Awsat

Netanyahu in Germany Amid Tensions at Home, Iran Worries

Israeli Prime Minister Benjamin Netanyahu is meeting Germany's leaders Thursday on an abbreviated visit that comes in the shadow of tensions over his government's planned overhaul of Israel's judicial system and worries about Iran’s nuclear program. Netanyahu has meetings scheduled with Chancellor Olaf Scholz and Germany's largely ceremonial president, Frank-Walter…

France 24

Poland to be first NATO member to send fighter jets to Ukraine

Polish President Andrzej Duda on Thursday said Warsaw would deliver an initial batch of four MiG-29 fighter jets to Ukraine, in what would be the first such shipment by a NATO member. Ukraine has repeatedly asked its Western allies to send warplanes – although seeking primarily modern US-made F-16s –…

The Independent UK

Scholz says Germany wants to curb 'irregular migration'

Chancellor Olaf Scholz says that Germany will have to do a better job at clamping down on “irregular migration” and deporting those who don’t legally reside in the country

Bangkok Post

Under fire over legal reforms, Netanyahu to face critics in Berlin

BERLIN - Israeli Prime Minister Benjamin Netanyahu, under heavy fire at home over planned legal reforms, was due to arrive Wednesday in Berlin where Germany's leaders will also urge him to reconsider the overhauls.

Asharq Al-Awsat

Scholz to Discuss with Netanyahu Bilateral Cooperation, Regional Security

German Chancellor Olaf Scholz is scheduled to meet with Israeli Prime Minister Benjamin Netanyahu for a working lunch in Berlin on Thursday, a German government spokesperson said on Monday. The two leaders would discuss bilateral issues as well as international and regional security questions, the spokesperson, Steffen Hebestreit, said. "The…

The Independent UK

Chancellor Scholz proud of German antiwar film's 4 Oscars

Chancellor Olaf Scholz has expressed pride that the German antiwar movie “All quiet on the Western Front” won four Oscars, including best international film

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