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  • Aluminium-Lithium Alloys Fight Back

    FRANCE, 2017/09/16 At the same time as it comes to the aviation industry, new technologies and manufacturing techniques have been mounting a silent revolution in the new generation of commercial twin-aisle aircraft: the Boeing 787 Dreamliner and Airbus A350. Both these aircraft contain around 50% of CFRP composites, as opposed to their previous iterations where aluminium alloys had dominated. This explains why, at the same time as Boeing and Airbus introduced these two crafts several years ago, most experts thought that the next generation of planes would be made out of composites, a trend that would again expand to include smaller jets – but as turns out, they were wrong.
  • Zhongwang Acquires German Alumnium Extrusion Firm ALUnna

    CHINA, 2017/09/16 The world’s second major aluminium extrusion firm China Zhongwang Holdings Ltd announced yesterday that it presently holds a controlling interest in German aluminium extrusion firm Aluminiumwerk Unna AG (ALUnna). Although no price for the purchase was given, the transaction gives all owned German subsidiary Zhongwang Aluminium Deutschland GmbH a 99.72-% equity interest in ALUnna. According to experts, the purchase enhances Zhongwang’s position in the world aviation market inclunding giving the firm a stronger foothold on the European continent.
  • UNWTO: International tourism – strongest half-year results since 2010

    AFGHANISTAN, 2017/09/09 Destinations worldwide welcomed 598 million international tourists in the initial six months of 2017, some 36 million additional than in the same period of 2016. At 6%, increase was well above the trend of recent years, making the current January-June period the strongest half-year since 2010. Visitor numbers reported by destinations around the world reflect strong request for international travel in the initial half of 2017, according to the new UNWTO World Tourism Barometer. Worldwide, international tourist arrivals (overnight visitors) increased by 6% compared to the same six-month period last year, well above the sustained and consistent trend of 4% or higher increase since 2010. This represents the strongest half-year in seven years.
  • US LNG exports make European market more competitive

    ALBANIA, 2017/08/27 The European gas market is becoming additional and additional competitive and US exports of liquefied natural gas (LNG) are part of this landscape, Francis Perrin, energy expert, chairman of Energy Strategies and Policies (France) told Trend. “Energy is always a strategic business. Economic aspects are very significant of course, particularly the price of LNG, but nations as well take into account strategic issues. For some Central and Eastern European nations one of the key priorities of their energy policies is the diversification of their supplies, in particular gas imports, in order to reduce their dependence on Russia,” said the expert.
  • German Producer Price Inflation Slowest In 7 Months

    GERMANY, 2017/08/22 German producer prices rose at the slowest pace so far this year in July, data from Destatis showed Friday. Producer prices for industrial products advanced 2.3 % year-on-year in July, slightly weaker than the 2.4 % increase seen in June. This was the weakest since December, at the same time as prices gained 1 %. Economists had estimate 2.2 % annual increase.
  • German Economy Set To Continue Strong Momentum In Q3

    GERMANY, 2017/08/22 The German economy is set to continue strong momentum in the current quarter, Bundesbank said in its monthly statement on Monday. The central bank said GDP increase in the current year could even be somewhat stronger than expected in the June projection. The bank had before estimate 1.9 % increase for 2017.
  • Germany agrees measures to cut diesel pollution

    GERMANY, 2017/08/03 German ministers, regional politicians and car executives agreed a package of measures on Wednesday aimed at cutting inner-city air pollution and averting bans on diesel cars.
  • German police test facial recognition cameras at Berlin station

    GERMANY, 2017/08/02 German police deployed the initial facial recognition cameras at a major railway station in Berlin on Tuesday, testing new technology that could help track and arrest crime and terrorism suspects. "We want to test how good the technology really is," police spokesman Jens Schobranski said of the six-month pilot project, part of a promise by Chancellor Angela Merkel's conservatives to raise funds for police and security. Opinion polls in the run-up to a general election next month show a lot of voters are worried about security, half next attacks by asylum seekers stoked criticisms of Merkel's decision to allow in additional than one million migrants.
  • Major Leap for Africa At G20 Summit

    GERMANY, 2017/07/12 The G20 Leaders' Summit, which concluded in Hamburg, Germany, on Saturday, has recorded positive outcomes for world development, with significant benefits for the African continent. The office of South African President Jacob Zuma on Sunday said critical developmental issues were tabled at the summit, which brought together leaders from the world's major economies, inclunding the European Union.
  • President Xi calls on G20 to champion open world economy, foster new growth drivers

    CHINA, 2017/07/10 Chinese President Xi Jinping on Friday called on members of the Group of 20 (G20) major economies to champion an open world economy and a multilateral trade regime as world increase remains unsteady despite signs of recovery. Speaking at the annual G20 summit in Hamburg, a major port city in northern Germany, Xi as well called for concerted efforts in fostering new drivers for increase, promoting a additional inclusive increase and improving world economic governance. "We must remain committed to openness and mutual benefit for all so as to increase the size of the world economic 'pie'," said Xi, who is at the helm of the world's second-major economy.