A Deadly Nazi Cult in Chile
In a story that goes right to the heart of the German and Chilean governments, what justice can the victims themselves hope for?
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Qatar Tribune
a day ago
- Qatar Tribune
Turkey to receive Eurofighter jets after Germany, UK agreements
dpa Berlin/Istanbul The German government has cleared the way for the export of Eurofighter Typhoon jets to Turkey, removing a key obstacle to a major arms deal involving the United Kingdom. German government spokesman Stefan Kornelius confirmed in Berlin on Wednesday that the Defence Ministry has sent written authorization to Ankara. The Turkish government must now decide whether to proceed with the order, he said. The move follows an earlier announcement on Wednesday by the UK and Turkey, which signed a letter of intent to advance a potential deal for the sale of 40 Eurofighters. The jets are assembled in Britain as part of a multinational consortium involving Germany, Italy and Spain, meaning all four countries must approve any export deal. The British Defence Ministry called the agreement a 'significant step forward,' saying it would bolster NATO's deterrence capabilities and support thousands of defence jobs. British Defence Secretary John Healey described the potentially multibillion-pound deal as a 'major milestone.' Turkey seeks to modernize air defence Turkey, which was ejected from the US-led F-35 fighter jet programme in 2019 after acquiring Russia's S-400 missile defence system, is seeking to diversify its defence procurement. US officials argued at the time that the S-400 could compromise sensitive F-35 stealth data and pose a security risk. The Turkish Defence Ministry told dpa on Wednesday that the planned Eurofighter purchase is not linked to the F-35 dispute, but is part of a broader strategy to modernize its air force. Analysts have noted that Ankara will need to invest in new infrastructure and training before the jets can be delivered and become operational. Export policy shift in Berlin Germany's involvement in the Eurofighter consortium had previously stalled the deal, as Berlin had not signed off on the necessary export licences. Arms deliveries to NATO partner Turkey have long been politically sensitive in Germany, due to concerns over Ankara's human rights record and foreign interventions. After Turkey's 2016 military operation in Syria, Berlin significantly scaled back arms exports.
Qatar Tribune
2 days ago
- Qatar Tribune
EU sees progress towards US trade deal with 15% tariffs
Agencies Brussels Brussels is close to agreeing a trade deal with the US that will slap 15 percent tariffs on EU imports to America, diplomatic sources have told the Telegraph. If approved, the deal will essentially halve the 30pc tariffs threatened by Donald Trump to enter into force on August 1. The agreement is similar to a pact struck between the US and Japan inrecent weeks. 'The current state of play on the table is a 15 percent base tariff,' a diplomat said after EU member states were briefed on the talks by theCommission. The diplomat said the decision would essentially come down to approval from Donald Trump. A source close to the US administration said the White House was considering the proposal. Some EU member states are pushing for the bloc to prepare to punish the US if the proposals are rejected. France used the 'Coreper' meeting of national ambassadors to call for the immediate introduction of the bloc's much-vaunted 'trade bazooka', which allows the Commission to legally fight back with retaliatory tariffs. Germany also appealed for the system to be prepared if the EU and US fail to hammer out a deal to end their minitrade war. 'Regarding countermeasures, the Commission explained the merging of the first and second lists: the total will come at a value of €93 billion, with tariffs up to 30 percent to mirror US,' the diplomat said. German carmakers will be able to cope if Donald Trump imposes 15 percent tariffs on their exports, a leading economist has said. Andrew Kenningham, chief Europe economist at Capital Economics, said: 'German auto manufacturers will be relieved if it is confirmed that the sector will face tariffs of 'only' 15pc rather than 25pc. 'While this will still dampen German exports it is unlikely to be a knock-out blow to the sector. 'Meanwhile, reports suggest that aircraft, medical equipment and spirits may be exempt. Together these sectors account for only 8 percent of total EU exports to the US so do not shift the dial much at a macroeconomic level. We don't think the reported deal will have a major influence on the outlook formonetary policy. 'At tomorrow's ECB press conference, President Lagarde won't get carried away, and not just because the deal is not yet over the line. 'While the agreement would avoid a damaging escalation of trade barriers, it would be slightly worse for the economy than the assumptions underlying the ECB's baseline forecasts published in June.' Meanwhile, European stocks climbed on Wednesday, boosted by hopes of further progress in trade talks after the US struck a deal with Japan. The FTSE 100 index closed 0.4pc, at 9,061.49, a record closing peak. It had earlier hit a record high of 9,080.09. The FTSE 250 closed up 0.4pc, at 22,013.49, and the AIM All-Share closed up 0.5pc, at 773.99. In Europe, the Cac 40 in Paris advanced 1.5pc, while the Dax 40 in Frankfurtgained 0.8 percent. Wall Street's main indexes have moved higher after the Financial Times reported that the US and the European Union are closing in on a 15 percent tariff deal. Compared to the start of trading this afternoon, the Dow Jones Industrial Average is up 0.9 percent, the S&P 500 is up 0.6 percent and the Nasdaq is up 0.2 percent . Eurozone government bond yields are mixed this afternoon, as investors weigh what Japan's trade deal with Washington means for hopes of further agreements. Germany's 10-year government bond yield, the euro area's benchmark, rose to 2.605 percent, from 2.592 percent. Germany's 2-year government bond yield – more sensitive to expectations for European Central Bank policy rates – was little changed at 1.822pc. On Thursday, the European Central Bank is expected to keep interest rates on hold, while awaiting a possible trade deal between Washington and Brussels. Meanwhile, analysts are trying to assess the rate outlook amid geopolitical and economic uncertainties. 'There are downside risks (for the economy and the rate outlook) from trade tensions, but Europe will also be spending a lot on defence and infrastructure,' said Bas van Geffen, a strategist at RaboBank. 'There will be more inflationary pressure from that side. Meanwhile, we are still seeing some wage pressure in Europe.'
Qatar Tribune
5 days ago
- Qatar Tribune
Amir, German chancellor discuss bilateral relations, regional and international developments
His Highness the Amir of the State of Qatar Sheikh Tamim bin Hamad Al Thani discussed with Chancellor of the Federal Republic of Germany HE Friedrich Merz bilateral relations between the two countries and ways to enhance them in various fields, in addition to discussing the most prominent regional and international developments. This came during a phone call HH the Amir received on Sunday from the German Chancellor. During the call, the German Chancellor expressed his thanks to HH the Amir for the State of Qatar's help in facilitating the return of a group of Afghans to their country from Germany. He also appreciated Qatar's efforts and humanitarian endeavors.
