Meanwhile, Trump is cursing the IRS.

Meanwhile, Trump is cursing the IRS.

The number of people in Germany had risen steadily since 2011, although growth has recently slowed down more and more. In the second half of 2015, the strongest increase was recorded due to the strong immigration of the refugee crisis (plus 0.9 percent). A sharp drop in immigration has been observed since March of this year – a consequence of the corona pandemic. According to preliminary results, not even half as many people immigrated in the first half of 2020 as in the first half of 2019. In the first six months of this year, only around 74,000 people came to Germany. At the same time, the number of deaths exceeded the number of births by 112,000.

The reduced immigration could not compensate for the birth deficit, which caused the population to shrink. The number fell, especially in the spring. While the population fell by 59,000 between March and May, the authorities recorded a slight increase in June of around 4,000 people. In addition to the limited travel options, the statisticians also consider the delayed recording of migrations to play a role. Possibly due to restrictions in public traffic by the registration authorities, arrivals and departures were registered with a delay and in some cases were only reported in later reporting months. The population decreased in ten of 16 federal states.

The exception to this is Mecklenburg-Western Pomerania – here the population rose by 0.1 percent in the first half of 2020. Berlin, on the other hand, lost 0.2 percent of its population compared to the first half of 2019. Source: ntv.de, mdi / AFP “The traffic light map is to be updated weekly. (Photo: picture alliance / dpa) After weeks of negotiations, the EU member states are adopting guidelines on Corona travel restrictions.

The European ministers give the green light for a uniform traffic light system. The European patchwork quilt is unlikely to disappear entirely. In the future, citizens will be able to find out about the Corona situation in Europe on a traffic light map. On the basis of common criteria, regions are marked either green, orange or red depending on the infection process.

In the future, entry bans should no longer be imposed for green areas with low infection rates, as decided by a majority of the European ministers in Luxembourg. However, this should not end with the patchwork of various rules. Because the concept does not provide for common standards for travelers from more affected regions – i.e. regions marked orange or red. There are also no uniform criteria for quarantine and test obligations. The recommendations are also not binding.

The traffic light map is to be created by the European health agency ECDC and updated weekly. The basis should be the number of newly reported cases per 100,000 inhabitants in the last 14 days, plus the rate of positive tests and the number of tests carried out per 100,000 inhabitants. So far, each country has decided with its own criteria which other EU countries or regions it classifies as a risk area. That leads to big differences.

Therefore, at the beginning of September, the EU Commission proposed criteria for uniform travel restrictions as well as corona and quarantine rules that were even more comprehensive than the current agreement. Several members abstained from voting. According to EU diplomats, Austria, Malta and Greece did not agree either. Countries like Austria and Luxembourg have sharply criticized the guidelines. The Austrian Minister for Europe, Karoline Edtstadler, said that the concept had already been overtaken by reality and was based on insufficiently accurate criteria. As a result, most regions of Europe would already be colored red on the planned risk map.

And there is no increase in red. One owes the citizens to protect their health and at the same time to maintain freedom of movement, said Edtstadler.how to write a conclusion for an argumentative essay This also includes enabling something like tourism this fall and winter. The Luxembourg Foreign Minister Jean Asselborn made a similar statement.

He said it was “” pretty absurd “” that one European country would now classify the other as a risk area. He is also not convinced that the procedure complies with European law. Asselborn spoke out in favor of introducing further criteria for the risk areas and, for example, taking into account the number of tests carried out more than planned. Source: ntv.de, hek / dpa / AFP “Jon Bon Jovi talks about aging as a rock star. ( Photo: imago images / Paul Marriott) Jon Bon Jovi has been on stage with his band of the same name for almost 40 years. Over time, his hair has become grayer and his drive has become less. Nevertheless, the 58-year-old could only experience one particular event Stop moving. Jon Bon Jovi revealed in an interview when he would give up his rock star career.

He announced to “” klatsch-tratsch.de “” that he would no longer do any “” big, endlessly long world tours “”. “” I don’t have the drive for that, “explains the 58-year-old. But he doesn’t have an expiration date for his band in mind – not yet. A clear parameter for the “” right “” age to finally drop the microphone is for him the Rolling Stones. “” I’ve always considered the Rolling Stones to be my heroes. When they stop, I know when it’s the right age for retirement. “” He admires the energy with which the old rockers still stand on stage in their mid-seventies. “” I don’t think I’ll do that at that age, though. “” Jon Bon Jovi also has a clear opinion on the subject of the aging process and cosmetic corrections. “” I like being a silver fox, “says the singer about his gray hair. “” If I came in here with botox sprayed on and dyed hair, I would feel like a sham. “” He is honest enough to show the audience for who he is: “” I accept that I have gotten older . “” Bon Jovi founded his band of the same name in 1983. They celebrated their breakthrough shortly afterwards with “” Runaway “”.

At first, however, they mostly appeared as supporting acts for Scandal and the Scorpions. With their third, most successful studio album to date, “” Slippery When Wet “”, which sold 28 million copies, they achieved worldwide fame in 1986. Source: ntv.de, lri / spot “While raw materials have become significantly cheaper during the crisis, food prices have risen slightly. (Photo: dpa) The lower value added tax due to the Corona crisis and significantly lower energy prices lead to September the lowest inflation rate since 2015. This could change again next year, however. Inflation in Germany has slipped below zero for the second time this year. Muted by the temporary VAT cut, consumer prices were 0.2 percent below the level of the Month of the previous year, as the Federal Statistical Office announced.

The Wiesbaden authority thus confirmed preliminary data. The last time there was a lower rate was in January 2015 at minus 0.3 percent. The statisticians had already calculated negative annual inflation this year in July at minus 0.1 percent. Consumers had to pay for energy significantly less than a year ago (minus 7.1 percent). The price decline even intensified in September.

Global demand for crude oil collapsed in the economic crisis as a result of the corona pandemic. In particular, heating oil (minus 39.6 percent) and fuels (minus 11.4 percent) fell sharply. Without the prices for energy products, the inflation rate would have been plus 0.6 percent in September, whereas food prices rose by 0.6 percent within a year. Despite the VAT cut, consumers also had to dig deeper into their wallets to go to the hairdresser and for personal hygiene (plus 4.8 percent). However, the salons have additional costs due to the corona-related hygiene requirements.

Visiting restaurants, cafés and street sales (plus 2.1 percent) also became more expensive. Since July, lower tax rates have been in effect for six months. The federal government wants to boost consumption in the corona crisis. To what extent the tax cut is passed on to the consumer is difficult to prove statistically.

Dealers and service providers are free to choose how they handle it. According to calculations by the Federal Office, consumer prices also fell by 0.2 percent from August to September 2020. Falling or even negative inflation rates are usually an alarm signal for monetary authorities. The European Central Bank is aiming for an annual inflation rate of just under 2.0 percent for the euro area with its 19 countries in the medium term.

According to the monetary authorities, this is far enough away from zero. If prices are permanently low or falling across the board, this could tempt companies and consumers to postpone investments – in the belief that it may soon be even cheaper. This wait-and-see attitude can slow down the economy. Economists assume that inflation in Germany will pick up again next year when the special effect of the VAT cut expires. Source: ntv.de, nan / dpa “Donald Trump is liable for loans of more than 400 million dollars. (Photo: REUTERS) Should Donald Trump be re-elected in November, his financial situation should come even more into focus.

Because the US president not only has trouble with the tax authorities. Loans are also due. And business is not going well.

Donald Trump’s finances should continue to provide plenty of talking point in the coming year – regardless of whether he wins the presidential election or not. Because according to the “” New York Times “” Trump has to struggle with at least financial challenges: his golf courses and hotels write losses year after year, loans in the millions are due in the coming year and a dispute with the IRS could be very expensive for the president will. The litigation involves a tax refund of nearly $ 73 million. Trump received this in 2010.

This is all of the federal income tax he paid between 2005 and 2007. The background: In the USA, companies can claim losses for tax purposes and partially offset them against profits made elsewhere. Until 2009 this was only possible for two years. Then, in the face of the deep recession sparked by the financial crisis, then-President Barack Obama signed a bill that extended the period to four years. Trump took advantage of this and claimed a loss of $ 700 million retrospectively.

According to the NYT, it is not clear from the documents available to it which business went wrong. Most likely it is about the bankruptcy of his Atlantic City casinos. In 2008, Trump did not pay any income tax, but after the change in the law, he was now able to claim back the money that he had transferred between 2005 and 2007. Whether he can keep it is open.

In the opinion of the IRS, he did not meet an essential requirement for the tax refund: He would have had to give up his stake completely and no longer had to make a profit from it. According to the NYT, however, Trumps received a stake in the new company that had gone bankrupt and thus lost the right to claim the losses. If the authority prevails, Trump would have to pay more than $ 100 million, it said. In addition, Trump’s core investments do not bring any money – on the contrary.

Between 2000 and 2018, the losses of its golf departments totaled $ 315 million. His hotel in Washington is also in deficit. In addition, more than $ 300 million in loans will fall due over the next four years – commitments that Trump is personally liable for, not his corporate network, according to the newspaper.

Overall, Trump stands for $ 421 million in debt. And it’s unclear whether Trump is actually worth billions of dollars, as he claims. Trump keeps his tax returns under lock and key, contrary to US presidential practice. He had not published his tax return during the 2016 election campaign, including reference to the ongoing IRS auditing. The tax authority itself emphasizes that an ongoing audit does not stand in the way of publications.

Meanwhile, Trump is cursing the IRS. “You treat me terribly,” he said on a Fox News talk show in July. “”It’s a shame””. Source: ntv.de “China reports strong values ​​in foreign trade. (Photo: picture alliance / Ole Spata / dpa) Encouraging signals are coming from China. Foreign trade is increasing significantly, the slump caused by the corona virus has almost caught up again. The car market, too remains true to its role as a beacon of hope. China’s foreign trade continues to recover from the Corona crisis. Exports of the second largest economy rose by 9.9 percent in September compared to the previous year, according to the Beijing customs administration.

Accordingly, imports increased by 13.2 percent in the same period. Overall, Chinese foreign trade amounted to a volume of around 443 billion US dollars (around 375 billion euros) in the past month. According to official information, the slump in spring triggered by the corona virus could almost be made up for by the end of the third quarter. Calculated in US dollars, exports from January to September still fell by 1.8 percent.

Calculated in the Chinese currency yuan, foreign trade was up 0.7 percent again. With strict measures such as the cordoning off of megacities, strict isolation and entry bans, China has brought the virus under control faster than other states. That is why the economy in the People’s Republic has recently grown noticeably.

The Chinese car market made up further ground in September. Last month, 1.94 million cars, SUVs and smaller multi-purpose vehicles were sold to end customers. That was 7.4 percent more than in the same month last year, as the industry association PCA (China Passenger Car Association) announced in Beijing. It is the third month in a row with growth compared to the same period of the previous year. However, due to the severe impact of the coronavirus pandemic, the year as a whole is likely to be the third year with a decline in sales.

After nine months, the backlog of 13.15 million cars is 12.5 percent. China is by far the most important single market for the German car groups Volkswagen (including Audi and Porsche), Daimler and BMW.

Jasmine Gandhi

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