World Maritime Economy is looking for because of the crisis
Big Lizzie prepares for show of force to China
The HMS Queen Elizabeth will travel from the naval base in Hampshire on Saturday ahead of the first deployment of the UK's Carrier Strike Group (CSG) next month. The destroyers HMS Defender and HMS Diamond were photographed departing Portsmouth earlier today, with the Ministry of Defence confirming to MailOnline that 'Big Lizzie' will follow suit later this afternoon. They are heading to Exercise Strike Warrior 21, which will run from May 8 to May 20 in Scotland, with 10 nations taking part and with 31 warships, three submarines, 150 aircraft and around 13,400 military personnel involved.
before a subsidy competition of the European shipbuilding industry with the overpowering competition from China warned the coordinator of the Federal Government for the Maritime Economy, Norbert Brackmann.
Before the two-day national maritime conference beginning on this Monday, the CDU politician called for a European shipbuilding strategy. Europe need a uniform voice and a coordinator to prevent the threatening monopoly formation, Brackmann said.
‘GET THE F*** OUT’: Filipino diplomat fumes over China incursions
Secretary of Foreign Affairs Teodoro Locsin steps up rhetoric even as Duterte remains reluctant to confront China.“China, my friend, how politely can I put it? Let me see… O… GET THE F*** OUT,” Foreign Affairs Secretary Teodoro Locsin Jr wrote on Twitter on Monday.
Originally, the conference, which takes place in the two-year rhythm, was planned in Rostock. Because of the Corona pandemic, it is now predominantly digested. Also Chancellor Angela Merkel (CDU) is switched on for her speech by video. The existential concerns of many shipyards, the corona-added monthly standstill of the cruise industry, the environmental requirements for shipping and the sluggish expansion of offshore wind energy will be topics of the meeting with around 1000 participants.
Federal Minister of Economics Peter Altmaier (CDU) is expected in the passenger Kai in the warningemünder cruise port. Among other things, he wants to take the new agricultural power plant into operation with the Prime Minister of Mecklenburg-Vorpommern, Manuela Schwesig (SPD), and Rostock's Lord Mayor Claus. According to the city, it is currently the largest of its kind in Europe and can supply two cruise ships simultaneously with electricity.
Manila tells fishermen to ignore Beijing’s ban amid incursions
Philippines says fishing moratorium between May 1 to August 16 imposed by China since 1999 does not apply to Filipinos.The fishing moratorium imposed by China since 1999 runs from May 1 to August 16 and covers areas of the South China Sea as well as other waters off China.
in Warnemünde and several other shipyard locations in Northern Germany, the IG metal coast has announced rallies of shipyards. The union wants to draw attention to the further threatening workplace losses. "Alone on the shipyards, more than 1000 jobs have been lost since the beginning of the pandemic," said District manager Daniel Friedrich. Another 5600 of the approximately 18,000 jobs are currently threatened.
Before the conference, the IHK North, the merger of twelve North German industrial and commercial chambers, has made aware of the importance of the maritime economy. Two-thirds of German exports would be transported across the sea and important raw materials for the large German key industries procured almost exclusively over the waterway, said the chairman Norbert Aust. With around 400,000 directly and indirectly dependent workplaces and estimated 50 billion euros annual value creation, the maritime economy was one of the most important sectors in Germany.
What economists got right (and wrong) about Covid .
A year ago, the US economy tanked. Will it return to normal once the pandemic is over?At the time, they all said they thought the country would fare better than it did the last time it was faced with widespread economic uncertainty, during the 2008 economic recession.