Connect with us
https://tickernews.co/wp-content/uploads/2023/10/AmEx-Thought-Leaders.jpg

News

Chief navy chief resigns over “categorically unacceptable” comments

Published

on

Kay-Achim Schönbach has resigned from his role as Chief of the German Navy “with immediate effect” in order to “avert further damage”

During a think-tank discussion in India, he made some controversial comments, which was posted for the world to hear via social media.

In the video the former chief made some controversial comments over Ukraine and says Putin needed to be treated as an equal by the West

He said the idea that Russia wanted to invade Ukraine was nonsense and all President Putin wanted was respect.

Also adding that the Crimean peninsula “is gone and will never come back”.

A number of countries have supplied weapons to Ukraine, including the US and UK, however Germany has refused Ukraine’s request for ammunition.

Now when it comes to the backlash from Schönbach’s comments, the Ukraine foreign ministry had some stern words to share.

They described the comments as “categorically unacceptable”.

He was called upon at home to explain his views.

A spokesperson said these declarations “do not correspond at all to the position of the German ministry of defence,”

Germany reacted swiftly to his comments made on Friday as By late Saturday, shon-back had asked for his dismissal, saying he wanted to prevent further damage resulting to Germany and its military from his “ill-considered statements”.

The German navy has now appointed his deputy as interim naval chief.

Continue Reading

News

China faces economic slowdown amid Trump’s tariffs

China faces pressure to hit a 5% growth target amidst US tariffs, with analysts urging a 2 trillion yuan stimulus to mitigate trade war effects.

Published

on

China faces pressure to hit a 5% growth target amidst US tariffs, with analysts urging a 2 trillion yuan stimulus to mitigate trade war effects.


China is under pressure to meet its 5% growth target this year as US tariffs bite.

Analysts are calling for a major stimulus package—up to 2 trillion yuan—to combat trade war fallout.

This episode explores what measures Beijing may take, and whether Chinese consumers can help steady the ship.

#ChinaEconomy #TrumpTariffs #GlobalTrade #Stimulus #ChineseGrowth #Beijing #ConsumerSpending #TickerNews

Continue Reading

News

Tariffs shake tech sector and US dollar stability

“Amid global tariffs and tech giants’ warnings, we explore economic stability and the US dollar’s role with insights from David Scutt and Australia’s resilient jobs report.”

Published

on

“Amid global tariffs and tech giants’ warnings, we explore economic stability and the US dollar’s role with insights from David Scutt and Australia’s resilient jobs report.”


As tariffs ripple through global markets, questions emerge about tech stability and the US dollar’s safe-haven status.

With giants like Nvidia and ASML raising red flags, are we looking at isolated concerns—or a broader systemic risk?

Plus, Australia’s jobs report shows resilience. We discuss with David Scutt from StoneX.

#TechStocks #USDollar #Nvidia #ASML #GlobalMarkets #TradeWar #EconomicForecast #TickerNews

Continue Reading

News

Powell warns tariffs may slow US economy

Powell says US economy strong, but warns Trump’s tariffs may cause inflation and growth risks; impacts on Wall Street and investors dissected. #JeromePowell #FederalReserve #USEconomy #Tariffs #Inflation #StockMarket #TrumpTariffs #TickerNews

Published

on

Powell says US economy strong, but warns Trump’s tariffs may cause inflation and growth risks; impacts on Wall Street and investors dissected. #JeromePowell #FederalReserve #USEconomy #Tariffs #Inflation #StockMarket #TrumpTariffs #TickerNews


Federal Reserve Chair Jerome Powell says the US economy remains strong, but Trump’s tariffs may threaten growth.

Powell warns that these trade barriers could trigger higher inflation, slower growth, and financial market volatility.

We break down what Powell said and what it means for Wall Street and everyday investors.

#JeromePowell #FederalReserve #USEconomy #Tariffs #Inflation #StockMarket #TrumpTariffs #TickerNews

Continue Reading

Trending Now