Economy

Tough conditions – How China subjugates half the world with loans

With its smart lending, China has made countless developing countries economically and politically dependent on itself. The "Krone" explains how Beijing's hard debt...

Prices are rising as OPEC plans to cut 1.66 million barrels of oil

Nine oil-producing countries from the OPEC+ group will reduce their daily production by a total of 1.66 million barrels (159 liters each) in the...

30 percent more profit – billions in money for TikTok parent ByteDance

According to media reports, the Chinese parent company of the popular short video app TikTok ended the past year with a revenue jump. ...

Doing business with Russia – Expert: Kremlin must first approve RBI spin-off

A possible option for Raiffeisen Bank International (RBI) to separate the Russian subsidiary from the rest of the company must be negotiated informally with...

Hoping for gas export – mega pipeline to China? Xi lets Putin collide

Xi Jinping's visit to Putin in March showed which of the two is in charge. A planned megagas pipeline illustrates Russia's dependence on...

Popular

Subscribe