Category: German
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Elbit wins German army PULS artillery system tender – report
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The German military continues its extensive defense procurement in Israel and has selected PULS rocket artillery systems manufactured by Elbit Systems, after intense competition from an American competitor, Defense News reported this week. According to the report, the German Parliament has approved the first tranche of €65 million for the…
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Samson Mow Urges German Lawmakers To Embrace Bitcoin
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Samson Mu, founder of Bitcoin-focused company JAN3, recently gave a speech to the German Bundestag in an attempt to pressure the country to adopt Bitcoin, thus pushing for a “hyper-Bitcoin” soon so that it can live in a future where Bitcoin becomes the currency of every global citizen. choice. Grassroots…
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German Firm Raises $32.8M For Bitcoin, Aims To Rival Saylor
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Samara Asset Group, a publicly listed German investment firm, announced plans to raise up to 30 million euros ($32.8 million) through the issuance of senior secured Nordic bonds. The capital raise aims to expand the company’s investment portfolio and significantly increase its Bitcoin holdings, making it able to compete with…
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German National Accused Of $150 Million Crypto Fraud Evades Capture
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Horst Geisha, a German national accused of orchestrating a $150 million cryptocurrency fraud scheme, is on the run after failing to appear in federal court in Brooklyn. Gisha was reportedly under house arrest at his New York City home, after taking out a $5 million bond secured by his domestic…
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Dollar retreats from highs; euro helped by German data By Investing.com
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Investing.com – The US dollar fell on Tuesday, but remained near seven-week highs, as traders weighed the Federal Reserve’s monetary policy outlook in the wake of last week’s strong jobs report. At 04:20 EDT (08:20 GMT), the dollar index, which tracks the US currency against a basket of six other…
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Forexlive European FX news wrap 17 September – German ZEW falls to a 10 month low
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High Risk Warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage also creates additional risks and exposure to loss. Before deciding to trade foreign exchange, carefully consider your investment objectives, level of experience, and risk tolerance. You may lose some…
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UniCredit buys Commerzbank stake from German government (Pink Current Info:CRZBF)
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ollo/iStock Not published via Getty Images Italy’s UniCredit (OTCPK:UNCFF) (OTCPK:UNCRY) has bought a 9% stake in Germany’s Commerzbank (OTCPK:CRZBF) (OTCPK:CRZBY), a move that has sparked speculation about a potential merger in the banking sector. the acquisition Includes 4.49% purchased from the German government and the remaining shares acquired. The market.…
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Keir Starmer aims to reset Brexit relations with German economic deal
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British Prime Minister Keir Starmer is negotiating a new treaty with Germany to secure priority access for British companies, a strategic attempt to repair the UK’s fractured relationship with the European Union after Brexit. Starmer described Brexit as a “once-in-a-generation opportunity” and stressed the need to “move beyond the crisis”…
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Forexlive European FX news wrap 29 Aug – Euro moves lower on soft German inflation figures
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High Risk Warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage also creates additional risks and exposure to loss. Before deciding to trade foreign exchange, carefully consider your investment objectives, level of experience, and risk tolerance. You may lose some…
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Dollar edges higher ahead of key data; euro weakens on German inflation By Investing.com
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Investing.com – The U.S. dollar edged higher on Thursday, recovering from recent lows ahead of a series of key economic readings, while the euro retreated. At 04:10 ET (09:10 GMT), the dollar index, which tracks the greenback against a basket of six other currencies, was up 0.2% at 101.182, after…
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German drugstore chain shuns Teslas over Musk’s support for Trump By Reuters
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FRANKFURT (Reuters) – German drugstore chain Rossmann said on Tuesday it would no longer buy Tesla cars for its corporate fleet because of Chief Executive Elon Musk’s support for U.S. Republican presidential candidate Donald Trump. The pharmacy chain, one of Europe’s largest, said its decision took immediate effect and was…
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Scholz Is Failing to Engineer a Liftoff for the German Economy
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Breadcrumbs Path Links PMN Business Germany’s inability to generate real growth is casting a shadow over the economy’s long-term prospects – and over the political hopes of Chancellor Olaf Scholz’s three ruling parties. Article author: Bloomberg News Marilyn Martin Published on July 28, 2024 • Read for 4 minutes You…
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Bladeranger drones clean German station roofs
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Bladeranger (TASE: BLRN), a provider of services and solutions for the solar market, has successfully completed a Proof of Concept (PoC) project with German rail infrastructure company DB InfraGO AG, a wholly owned subsidiary of national railway company Deutsche Bahn. As part of the project, drone payload solutions designed for…
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ICYMI: The German Government Is Not The Only Entity Selling Bitcoin
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Over the past month, the cryptocurrency space has been abuzz with reports that the German government has been selling off large amounts of Bitcoin. These sales have had a negative impact on the price of Bitcoin, as well as the broader cryptocurrency market, sending the entire market into a tailspin.…
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ICYMI: The German Government Is Not The Only Entity Selling Bitcoin
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Over the past month, the cryptocurrency space has been abuzz with reports that the German government has been selling off large amounts of Bitcoin. These sales have had a negative impact on the price of Bitcoin, as well as the broader cryptocurrency market, sending the entire market into a tailspin.…
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The German Government Has Run Out Of Bitcoin
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Germany’s on-chain Bitcoin wallet balance has officially hit zero, according to Arkham Intelligence, meaning selling pressure from the European economic powerhouse is likely at or near its end. The recent wallet outflows put an end to the bearish narrative that has been plaguing the crypto market for weeks, at a…
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German Government’s Ongoing Bitcoin Liquidation: Insights And Implications
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In a notable development, the German government has been actively liquidating its large Bitcoin holdings over the past month. This strategic move has captured the attention of the cryptocurrency community, sparking debate and speculation about the government’s approach to crypto asset management. As details of these transactions emerge, it is…
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German Government’s Ongoing Bitcoin Liquidation: Insights And Implications
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In a notable development, the German government has been actively liquidating its large Bitcoin holdings over the past month. This strategic move has captured the attention of the cryptocurrency community, sparking debate and speculation about the government’s approach to crypto asset management. As details of these transactions emerge, it is…
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German Government Unloads 80% Of Bitcoin Holdings, Leaving Only $890M Behind
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In recent weeks, German authorities have stepped up their measures. sale Large amounts of Bitcoin (BTC) have fallen, adding to selling pressure on the world’s largest cryptocurrency, which has fallen more than 20% in the past month. Bitcoin reserves are about to run out The selloff began last month when…
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German Government Continue Bitcoin Sell-Off, Sparking Market Volatality Bitcoin Trading At $58K
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In a move that has shocked the cryptocurrency market, the German government has continued to sell off its Bitcoin (BTC) holdings over the past few weeks. This massive liquidation, worth nearly $1 billion worth of Bitcoin, has put significant selling pressure on the world’s largest digital asset, contributing to a…