Insurance

UN calls for more pressure on Myanmar army

07:46 PM Friday 28 January 2022 Geneva – (DPA): The United Nations Human Rights Office has called on the international community to increase pressure on Myanmar’s military leaders ahead of the first anniversary of the coup. The High Commissioner for Human Rights, Michelle Bachelet, said in Geneva today, Friday, that international condemnations have not led…

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Hard times for counterfeiters

The corona restrictions pushed the damage caused by counterfeit money in Germany and Europe last year to its lowest level in almost 20 years. “That was probably due to the reduced sales opportunities for manufacturers and distributors of counterfeit money,” explained Bundesbank board member Johannes Beermann. “There were major restrictions, especially in areas where cash…

Insurance

Unicredit reports profit

The Italian banking group Unicredit made a loss of 1.4 billion euros in the fourth quarter due to special effects. In the year as a whole, however, the mother of the Munich Hypo-Vereinsbank (HVB) still managed an increase of 1.5 billion euros, as announced by Unicredit. 2020 had ended with a loss of almost 2.8…

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Credit deal: Argentina and IMF break through

After months of negotiations over a new loan deal, Argentina and the International Monetary Fund (IMF) have achieved a breakthrough. “We have reached an agreement with the IMF,” said Argentine President Alberto Fern√°ndez. The Monetary Fund confirmed the agreement. The new agreement, which will run for two and a half years, still has to be…