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German recession ‘inevitable’ – Deutsche Bank

The engine of European economic development, Germany, is set for a contraction, Deutsche Bank CEO Christian Sewing warned this week, as cited by CNBC. According to the media outlet, Sewing said in a speech at the Handelsblatt Banking Summit in Frankfurt that the war in Ukraine “destroyed a number of certainties” …

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Deutsche Bank urges hold-off on new anti-Russian sanctions

Deutsche Bank CEO Christian Sewing has urged European authorities to take their time when it comes to escalating sanctions against Russia over the military standoff in Ukraine, saying that the measures may have negative impact on the bloc as well. “We should first let the announced sanctions take effect,” Sewing …

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BBC, Deutsche Welle, and other websites restricted in Russia

Russian media regulator Roskomnadzor limited access to Radio Svoboda (Radio Liberty) and blocked the Meduza news outlet website on Friday morning, its registry of restricted internet resources shows. Both had been designated “foreign agents.” Access to the websites of the German newspaper Deutsche Welle and BBC has also been restricted. …

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Deutsche Bank quietly moves to bring crypto into play after producing numerous reports bashing its bubble nature

According to December’s report from the World Economic Forum, Germany’s biggest bank has already created a Deutsche Bank Digital Asset Custody prototype. The model is reportedly aimed at developing “a fully integrated custody platform for institutional clients and their digital assets, providing seamless connectivity to the broader cryptocurrency ecosystem.” The …

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