Geotrendlines - Page 2 of 8 - Money, gold and geopolitics

Russia and China seek stronger rapprochement

November 14, 2019November 14, 2019 Frank Knopers 0 Comments china, dollar, putin, russia, trade, xi jinping

Europe is still Russia’s most important trading partner, but in recent years the Russians have shifted their focus more to the east. As a result, China is taking away an ever-increasing share of the EU’s market.

Economics

Commerzbank considers negative interest rates

November 12, 2019November 14, 2019 Frank Knopers 0 Comments banks, central bank, commerzbank, ecb, germany, interest rates, monetary policy, negative rates, savings

After Deutsche Bank, also Commerzbank wants to pass on negative interest rates to its customers. In addition to large companies also smaller companies and wealthy individuals will have to pay interest on their bank balances.

Economics Geopolitics Silk Road

China invests millions in Greek port

November 11, 2019November 14, 2019 Frank Knopers 0 Comments china, cosco, greece, investment, piraeus, port

China will invest €600 million in the port of Piraeus. That is the result of a state visit to Greece by the Chinese president Xi Jinping.

Geopolitics NATO

Macron declares NATO brain dead

November 7, 2019November 14, 2019 Frank Knopers 0 Comments brain dead, macron, nato

The French President, Emmanuel Macron declared NATO brain dead because there is no longer effective coordination within the military alliance.

Geopolitics Nord Stream 2 Oil & Gas

Why is Nord Stream 2 important for Europe?

November 7, 2019November 15, 2019 Frank Knopers 0 Comments europe, gas, natural gas, nord stream 2, Pekka Lundmark, pipeline, putin, Rainer Seele, russia, russian energy week, vladimir putin

Nord Stream 2 is important for Europe’s energy supply, because we are still largely dependent on natural gas. Declining domestic production and increasing demand means that Europe needs new supply routes.

Economics

China borrows 4 billion in euro

November 6, 2019November 14, 2019 Frank Knopers 0 Comments bonds, china, currencies, currency, euro

For the first time since 2004, China issued a euro-denominated bond. The Chinese Ministry of Finance raised €4 billion this week by issuing new debt at less than half a percent interest rate.

Economics Editorials Monetary system

Is Lagarde putting our savings at risk?

November 4, 2019November 14, 2019 Frank Knopers 0 Comments draghi, ecb, lagarde, monetary policy, money, savers, savings

Savers have been warned. Under the leadership of Lagarde, the ECB is going to follow a different course, in which the purchasing power of your money is of less importance.

Geopolitics NATO

Turkey chooses Russian fighter jets

November 3, 2019November 14, 2019 Frank Knopers 0 Comments f-35, fighter jets, joint strike fighter, jsf, nato, russia, sukhoi su-35, turkey

Turkey and Russia are close to an agreement on the delivery of 36 Russian fighter jets. These are jet fighters of type Sukhoi Su-35, relatively new planes which were launched five years ago.

Economics Monetary system

Russia is switching to the euro in trade with China

July 28, 2019November 14, 2019 Frank Knopers 3 Comments currency, dollar, euro, russia, trade

The euro is rapidly gaining popularity in trade between Russia and China. This is evident from new statistics released by the Russian central bank earlier this week.

Economics Monetary system

Russia bought 37 tons of gold in November

December 22, 2018November 14, 2019 Frank Knopers 0 Comments gold, russia

The central bank of Russia added 37.3 tons of gold to its reserves in November. With this purchase the total gold stock of the country rose to more than 2,100 tonnes, accounting for a fifth place in the ranking of countries with the largest gold reserves.

Geopolitics

Putin about the situation in Donbass

December 21, 2018November 14, 2019 Frank Knopers 0 Comments donbass, putin, q&a, russia, ukraine

Russia is supporting the people in Donbass to prevent them from being crushed by the Kiev government. That’s what Russian president Putin said during his annual Q&A session with the international press.