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Why you should care about the budget crisis rocking Germany
Why you should care about the budget crisis rocking Germany
Economy
by  AFP

German Chancellor Olaf Scholz will address parliament Tuesday about an escalating budget crisis triggered by a bombshell court ruling that his government breached constitutional debt limits. - When Angela Merkel was chancellor in 2009, Germany enshrined a so-called "debt brake" in its constitution.

Diamond trade polishes its act as Russia sanctions loom
Diamond trade polishes its act as Russia sanctions loom
Economy
by  AFP

As European capitals prepare to implement long-awaited sanctions on Russia's diamond exports, Belgian traders are bracing for new scrutiny of their industry. If traders are now seen helping Russia evade sanctions to keep financing its invasion of Ukraine, the shine may come off diamonds once again.