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Merkel’s ex-advisor Röller admits mistakes: “They are very dependent”

Merkel’s long-time advisor Lars-Hendrik Röller defended the then Chancellor’s economic policy – and at the same time admitted mistakes. Angela Merkel’s former financial and economic advisor, Lars-Hendrik Röller, has admitted that Germany became too dependent on Russian gas during the ex-Chancellor’s reign. “If we had known back then what we know today, we would of […]

It has become difficult to make a profit in China… There is a need to reorganize the industry/export strategy

The trade deficit with China is deeply entrenched. Long-term industrial policies and export diversification strategies are needed.[사진=뉴시스] Since the establishment of diplomatic relations in 1992, China has been Korea’s representative trade surplus country to the extent that it is considered a ‘dollar box’. Then, China became the number one country in terms of trade deficit […]

UK inflation hits 42-year high | World | Deshabhimani

London UK inflation at highest level since 1980 Food prices rose 14.6 per cent in the year to September. The Ministry of Statistics revealed that the prices of meat, bread, milk and eggs have jumped. Consumer goods inflation reached 10.1 percent. This is the highest rate since 1982. The increase in prices has put the […]