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Germany s Scholz upbeat on transatlantic ties with Biden

REUTERS NEXT-Trump should leave office, German finance minister Scholz says

U.S. President Donald Trump should leave office before Inauguration Day after the Capitol Hill riots, German Finance Minister Olaf Scholz said, adding that Berlin was confident of a good start to relations with his successor Joe Biden.

Trump should leave office, German finance minister Scholz says

U.S. President Donald Trump should leave office before Inauguration Day after the Capitol Hill riots, German Finance Minister Olaf Scholz said, adding that Berlin was confident of a good start to relations with his successor Joe Biden.

German economy can get through long virus lockdown - finance minister

Europe's biggest economy can hold out through a coronavirus shutdown for a long time, German Finance Minister Olaf Scholz said on Wednesday, adding he expected lower levels of government debt than after the financial crisis of 2008.

FB s Diem hopes to shake up cryptos, but regulators are careful not to let Facebook run amok

Updated Dec 24, 2020 | 12:19 IST Blockchains are redefining the financial services business. With the proposed stablecoin Diem , FB has a chance to be an informal super-controller of your money, and buying trends. A battle lies ahead. Facebook Diem  |  Photo Credit: iStock Images Key Highlights Regulators cautious as Zukerberg pushes towards financial services If FB s Diem revolutionises crypto, can rivals afford to be left behind? Come January, Facebook hopes to make a splash in the world of crypto-currencies. If it gets its way. Or if regulators of digital and financial services of the world allow it to. Its erstwhile crypto-currency Libra - now re-branded as Diem - is trying to move away from FB s identity.

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