Daily Management Review

German Economy Supplies ‘International Financial Services’ By ‘Stable Banks’


The ministry of finance in Germany makes its reaction public in regards to Deutsche Bank’s decisions.

The Finance Minister of Germany said that the government has been happy to side with its banks’ efforts of increasing capital. However, there was no specific comments on Deutsche Bank’s plan of raising “8 billion euros”. In the words of the spokesperson of Finance Ministry, Juerg Weissgerber:
“As you know, we generally do not comment on business decision of individual banks”.
“But we generally welcome it when banks strengthen their capital base. This is in the interest of the German economy to be able to be supplied with international financial services through stable banks”.
Following the announcement of Deutsche Bank’s C.E.O, John Cryan, of “fourth capital increase since 2010”, the bank’s shares fell by over six percent, while Cryan sees the same as “a last resort”.

Science & Technology

Over 500 Genes Impacting Intelligence Identified By Scientists

MIT Scientists Say It Could Be Just 13 Years For Commercialization Of Nuclear Fusion

Apple patents MacBook with a keyboard screen

Vero: An Instagram killer?

Wacky Weather Causes ‘Split In The Polar Vortex’

Smart And Adaptive Artificial Eye Developed By Researchers At Harvard

NASA’s Mars Mission To Make Use Of Cold War-Era Atomic Rockets

Israel Completes Mars Habitat Simulation Experiment

Just $24 Earned By Hackers From The Huge Cryptojacking Campaign Conducted Last Week

New Molecule That Quickly Fights Cancer Cells Identified By Swedish Scientists

World Politics

World & Politics

Christine Lagarde: there’s no winner in trade wars

10 best countries for freelancers

Alarming Concerns Or Driving Force Towards Green Energy? – Bitcoin Growth Comes At Environmental Cost

Catalan authorities refuse to greet the King of Spain

Ten Top Politicians To Be Investigated By Greek Parliament On Charges Of Taking Bribes From Novartis

The cloudy future of Saudi Arabia

Australia To Welcome Britain On The Latter’s Interest In Joining TPP

South African President Zuma Finally Resigns, New President To Be Elected Soon