The financial authorities of Germany have been working on the development of a technology capable of allowing investors the acquisition and sale, within the blockchain system, in exchange for money from the Central Bank.
This new tool thus becomes the first step to unite the traditional financial…
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German president calls on women to lead digitization
German President Frank-Walter Steinmeier and his wife, Elke Büdenbender, today urged women to take an active role in the digitization process. "The process of digital transformation should not also be assumed only by men," said Büdenbender…
Commerzbank will close subsidiaries in Venezuela and Barcelona
Germany's second private commercial bank, Commerzbank, plans to close its branches in Barcelona (Spain) and Venezuela, and also sell its subsidiaries in Brazil and Hungary.
The measure is due to the results released by the entity in 2020…
Telefónica sells 60% of its subsidiary in Chile
The telecommunications company Telefónica has announced the sale of 60 % of its infrastructure company in Chile called InfraCo to the international investment firm KKR, for 600 million dollars, as reported this Monday by the National…
German citizen gets 210,000 euros for a Russian coin from 1757
An old 1757 Russian coin with the face of Empress Elizabeth I of Russia (1709-1762) was auctioned on Friday in the German city of Osnabrück for 210,000 euros ($ 255,000), according to a spokeswoman for auction house Künker de that locality.…
Argentina asked Merkel for help to negotiate debt with the IMF
The president of Argentina, Alberto Fernández, asked German Chancellor Angela Merkel for help in negotiating the payment of the debt with the International Monetary Fund (IMF).
Fernández thanked the support that Germany has provided to…