Tag: Olaf Scholz

China Says It Will Not Deliver Weapons to Russia: German Chancellor

The Chinese regime has declared that it will not supply Russia with weapons to aid in its invasion of Ukraine, German Chancellor Olaf Scholz said on March 5. Scholz made the comments at a press conference at the German government retreat in Meseberg, north of Berlin on Sunday, where he was joined by European Commission President Ursula von…


Government’s Own Regulations Impact Business Case to Export Gas to Europe, Feds Say

The lack of a “strong business case” to export Canadian natural gas to allied countries, as stated by Prime Minister Justin Trudeau, is affected by the federal government’s own regulations, according to information it tabled in the House of Commons on Jan. 30. “Ultimately, project investment decisions are made by proponents based on their ability…


Germany Buckles Under Model Relying on China and Russia

Commentary Last month, German chancellor Olaf Scholz admitted to something every German knew but was afraid to say: the country’s business model is broken. Germany’s strategic national business model, predicated on globalization and interdependency, is backfiring. It’s the nation-building equivalent of putting all of your eggs in one basket. In this case, two baskets: Russia…


German Chancellor’s China Visit Motivated by Eagerness to Strengthen Economic Ties

News Analysis German Chancellor Olaf Scholz has confirmed that he will lead a German business delegation to visit China in early November. The visit comes after EU leaders shared their concerns about Europe’s economic dependence on China under the leadership of the Chinese Communist regime. However, Scholz stated repeatedly that Germany must continue trade with…


German Chancellor Olaf Scholz Coming to Canada to Meet With Trudeau, Business Leaders

Prime Minister Justin Trudeau will accompany the chancellor of Germany, Olaf Scholz, on a brief Canadian visit later this month that will include stops in Montréal, Toronto and Stephenville in western Newfoundland, his office announced on Saturday. Details of the visit were outlined in a release shared by the PMO, which said the Aug. 21-23…


Germany’s Uniper Gets 15 Billion Euro State Bailout to Avert Collapse

FRANKFURT/HELSINKI/BERLIN—The German government stepped in to rescue Uniper with a 15 billion euro ($15.28 billion) bailout on Friday after the gas importer became the biggest casualty of Europe’s energy standoff with Russia so far. Under a bailout that is among the biggest in German corporate history, the government will take a 30 percent stake in…


EU Leaders Visit Ukraine in Show of Support After Criticism

KYIV—The leaders of Germany, France, and Italy—all criticized in the past by Kyiv for support viewed as too cautious—made a joint visit on Thursday to show solidarity with Ukraine. “It’s an important moment. It’s a message of unity we’re sending to the Ukrainians,” French President Emmanuel Macron said after pulling into Kyiv on an overnight…


Germany Would Support Finland, Sweden NATO Bid: Scholz

German Chancellor Olaf Scholz said Germany would support the admission of Finland and Sweden if they applied to join NATO. He made a statement to the media along with the prime ministers of Sweden and Finland, Magdalena Andersson and Sanna Marin respectively. “If these two countries decide that they want to join NATO, they can…


Japan, Germany to Deepen Security Cooperation Amid Russia-Ukraine War

Japanese Prime Minister Fumio Kishida and visiting German Chancellor Olaf Scholz agreed Thursday to establish an intergovernmental panel to boost their security cooperation amid the Russia-Ukraine war. In a joint press conference, Kishida said that both leaders reaffirmed their intention to hold intergovernmental consultations and work closely together to achieve a free and open Indo-Pacific….


German Minister Resigns Over Vacation After Floods

A German Cabinet minister resigned Monday after it emerged that she went on a long vacation shortly after devastating floods which left over 100 people dead last year in the state where she was then a senior official. Anne Spiegel quit her post as minister for families and women, citing “political pressure” as she became…