Warehorne

In the dispute over the future course of the industrial group thyssenkrupp, IG metall and the krupp foundation, which has come in for criticism, have spoken out with a joint commitment to continuity.

"The foundation and employee representatives have always stood up together for the stability of the company. That will not change in the future," the newspaper westdeutsche allgemeine zeitung quoted foundation head ursula gather and markus grolms, who sits on the supervisory board of the group on behalf of IG metall, as saying on tuesday. With a 21 percent stake, the foundation is the largest shareholder in the dax company.

Federal reserve chief jerome powell has held out the prospect of a continuation of moderate interest rate increases in the U.S. At the traditional meeting of note bankers in jackson hole (state of wyoming), he emphasized that he believed this was the right course to take.

Powell was also responding to criticism from the weiben haus. U.S. President donald trump had stated several times that he could not understand the federal reserve’s interest rate increases. Trump fears that the boom in the US economy, which was also caused by tax stimuli, could be stalled.

"Adenauer’s grandson" – an attribute that conservative politicians like to attach to themselves. Stephan werhahn, keynote speaker at the free voters’ new year’s reception in iphofen on wednesday evening, doesn’t have to:

he is a grandson of the first chancellor of the federal republic of germany and a hopeful of the free voters in the federal elections in september. They have appointed him as their top candidate. In iphofen, he spoke on the topic of "for solid finances in germany – but how?"

The informant said that the implementation of the plan could take up to three months.

After that, the access to the protest camp around the rabea-al-adawija mosque is to be blocked in the next few days. The police will then attack the camp of the supporters of the ousted president mohammed mursi with trangas and water cannons. In addition, the water will be turned off to the protesters and food will be prevented from entering the tent city.

For loans of one year, the interest rate was reduced by 0.31 points to 6.0 percent. For savings deposits, the interest rate is reduced by 0.25 points to 3.0 percent. "The global economic situation is not very optimistic," said economics professor liu yuanchun from the people’s university (renmin daxue) in peking to the german press agency dpa. "This is why a fundamental reorientation of chinese monetary policy is inevitable."The renewed increase in interest rates is a sign that monetary policy will continue to be eased.

At the beginning of june, both interest rates were lowered by 0.25 percentage points for the first time since the financial crisis following the lehmann bankruptcy in 2008. Last year, however, the central bank had rather raised its lending rates three times because of high inflation. Since july 2011 they have not been touched again.