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Straits Times
7 days ago
- Business
- Straits Times
German army must use new funds responsibly, auditors say
FILE PHOTO: Soldiers stand next to the IRIS-T SLM air defence system at the German army Bundeswehr barracks Todendorf in Panker, Germany September 4, 2024. REUTERS/Fabian Bimmer/File Photo German army must use new funds responsibly, auditors say BERLIN - The German army must undergo significant organisational and personnel reforms to effectively utilise increased defence spending, the country's federal audit institute said on Tuesday in a special report. In March, Germany's parliament approved plans for a massive spending surge, largely removing defence investment from the rules that cap borrowing. The Bundesrechnungshof report highlights that despite relaxed debt rules, the Bundeswehr must prioritise its core mission of national and alliance defence while reducing administrative processes. "'Whatever it takes' must not become 'money doesn't matter!'" said Kay Scheller, president of the institute, emphasising the need for responsible financial management and increased efficiency in defence spending. Key recommendations include a thorough review of tasks, prioritisation of defense-critical duties, and restructuring the Bundeswehr to focus on "more troops, less administration." The Bundesrechnungshof recommends careful justification of financial needs, conducting efficiency analyses, as well as maintaining a balance between time, cost and quality. "It is crucial that these funds are used responsibly to significantly increase the effectiveness of defence spending," Scheller said. REUTERS Join ST's Telegram channel and get the latest breaking news delivered to you.
GMA Network
24-05-2025
- GMA Network
Number of injured in knife attack in Hamburg, Germany reaches 18 —report
Forensic experts work at Hamburg's main train station after several people were injured in a knife attack in Hamburg, Germany, May 23, 2025. REUTERS/Fabian Bimmer BERLIN - Eighteen people were injured in a knife attack in Hamburg station on Friday evening, Germany's Bild newspaper reported, and local police confirmed they had arrested the suspected assailant. Four victims are in critical condition and six others are seriously injured, Bild reported, saying the motive for the attack was unclear. Police said the suspected assailant was a 39-year old woman who allowed herself to be arrested without resistance. "So far we have no evidence that the woman could have acted with political motivation," said Hamburg police spokesperson Florian Abbenseth. "Rather, we have findings on the basis of which we are now investigating in particular whether she may have been in a state of mental distress." German Chancellor Friedrich Merz said in a post on social media platform X that the news from Hamburg was "shocking." "My thoughts are with the victims and their families," he said. —Reuters
Straits Times
23-05-2025
- Straits Times
18 injured in knife attack in Hamburg, report says
A view shows Hamburg's main train station, after several people were injured in a knife attack, in Hamburg, Germany, May 23, 2025. REUTERS/Fabian Bimmer Police officers and forensic experts work at Hamburg's main train station, after several people were injured in a knife attack, in Hamburg, Germany, May 23, 2025. REUTERS/Fabian Bimmer Forensic experts work at Hamburg's main train station, after several people were injured in a knife attack, in Hamburg, Germany, May 23, 2025. REUTERS/Fabian Bimmer Police officers and forensic experts work at Hamburg's main train station, after several people were injured in a knife attack, in Hamburg, Germany, May 23, 2025. REUTERS/Fabian Bimmer Forensic experts work at Hamburg's main train station, after several people were injured in a knife attack, in Hamburg, Germany, May 23, 2025. REUTERS/Fabian Bimmer BERLIN - Eighteen people were injured in a knife attack in Hamburg station on Friday evening, Germany's Bild newspaper reported, and local police confirmed they had arrested the suspected assailant. Four victims are in critical condition and six others are seriously injured, Bild reported, saying the motive for the attack was unclear. Police said the suspected assailant was a 39-year old woman who allowed herself to be arrested without resistance. "So far we have no evidence that the woman could have acted with political motivation," said Hamburg police spokesperson Florian Abbenseth. "Rather, we have findings on the basis of which we are now investigating in particular whether she may have been in a state of mental distress." German Chancellor Friedrich Merz said in a post on social media platform X that the news from Hamburg was "shocking." "My thoughts are with the victims and their families," he said. REUTERS Join ST's Telegram channel and get the latest breaking news delivered to you.
Deccan Herald
20-05-2025
- Entertainment
- Deccan Herald
May 20, 2025: Best photos from around the world
Hamburger SV fans let off flares in front of Hamburg City Hall as they celebrate the promotion of the men's and women's team to the Bundesliga. REUTERS/Fabian Bimmer Trains are seen parked on the station after it was announced that NJ transit locomotive engineers had reached a tentative contract agreement to end their strike on May 20, in Hoboken, New Jersey, US, May 19, 2025. REUTERS/Eduardo Munoz The eye of an Orinoco crocodile hatchling raised in captivity is seen prior to its release into the wild at the Capanaparo River, at the Leslie Pantin Zoo in Turmero, Aragua State, Venezuela. REUTERS/Gaby Oraa Presidential candidate George Simion reacts to exit polls of Romania's second round of the presidential election, in front of the parliament in Bucharest, Romania, May 18, 2025. REUTERS/Louisa Gouliamaki
The Star
14-05-2025
- Business
- The Star
Exclusive-Microsoft's Office-Teams offer will likely stave off EU antitrust fine, sources say
FILE PHOTO: A view shows the Microsoft logo on the day of the Hannover Messe, one of the world's largest industrial trade fairs, in Hanover, Germany, March 31, 2025. REUTERS/Fabian Bimmer/File Photo BRUSSELS (Reuters) - Microsoft is set to stave off a possible hefty antitrust fine as EU regulators are likely to accept an offer on its Office and Teams products, three people familiar with the matter said on Wednesday, amid tensions with the United States over the EU's scrutiny of Big Tech. Microsoft found itself back in the EU antitrust crosshairs after Salesforce-owned Slack alleged in a 2020 complaint to the European Commission that Microsoft was getting an unfair advantage by bundling chat and video app Teams with its Office product. In 2023, German rival alfaview filed a similar complaint to the EU watchdog. Microsoft subsequently unbundled Teams from Office in 2023, selling Office without Teams for 2 euros ($2.24) less than Office with the video app, while Teams standalone would be sold for 5 euros a month. In February, it widened the price differential after rivals said the first offer was not sufficient. The European Commission will likely seek feedback from rivals and customers in the coming months before making a final decision and things could still change depending on the outcome of the market test and other factors, the people said. Microsoft's proposal includes better interoperability terms to make it easier for rivals to compete, they said. The EU competition enforcer declined to comment. Microsoft, which has been fined a total 2.2 billion euros ($2.5 billion) in past years for bundling two or more products together and other offences, did not respond to email and phone calls seeking comment. U.S. President Donald Trump has threatened to levy tariffs against countries that penalise U.S. companies. ($1 = 0.8941 euros) (Reporting by Foo Yun Chee. Editing by David Goodman and Mark Potter)
