Start of the fraud trial involving the former “Gorch Fock” shipyard
Billings from the former Elsfleth shipyard are said to have been systematically incorrect. The total damage is estimated at around 7.2 million euros. Six people suspected of being responsible have been charged. After the expensive repair of the naval sailing training ship “Gorch Fock”, a fraud and corruption trial has begun in Oldenburg. The public […]
Despite buyers – the time of department stores is over
Good morning, dear reader, three bankruptcies in three and a half years – and yet Galeria Karstadt Kaufhof found a buyer. Since yesterday it has been official that a consortium led by US investor Richard Baker will take over the ailing department store chain. More than 70 of the 92 branches are to be continued. […]
Rudy Giuliani files for bankruptcy
Things are not going well for the 79-year-old ally of former US President Trump. First Rudy Giuliani is sentenced to pay damages, now the next low follows. Former New York mayor Rudy Giuliani, who must pay almost $150 million in damages for defaming two former election workers, has filed for bankruptcy. This emerges from a […]
Shutdown: Majority in Congress votes for interim solution
Shortly before an impending budget freeze in the USA, the House of Representatives voted for an interim solution. The Senate also gave its approval that night. New turn in the shutdown drama in the USA: The House of Representatives voted on Saturday for a 45-day bridging budget. The Democrats grudgingly supported the Republican bill, which, […]
Entrepreneur loses almost her entire fortune
It is an unprecedented crash in the world of the super-rich: in 2021, Yang Huiyan was worth 27 billion euros. Now your company is threatened with bankruptcy. Even their rise to the league of super-rich business leaders caused a stir. In 2007, Yang Huiyan listed Country Garden, a real estate group founded by her father, […]
Lauterbach has to call off his revolution
The Minister of Health and the federal states have agreed on the cornerstones of the hospital reform. Much will change for patients, but the announced revolution will not materialize. Karl Lauterbach had promised a revolution at the end of 2022. The German hospital landscape should be turned inside out, announced the SPD Federal Minister of […]
Who is the bank rescuer Elwira Nabiullina?
In Russia she has power over the central bank and enjoys the trust of Vladimir Putin – although she is probably critical of the war. Who is Elvira Nabiullina? At the beginning of the war, there was great concern about empty supermarket shelves in Russia. Would the imported goods still be available if the many […]
