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FRANKFURT (Reuters) - Several European countries have either ordered vehicle recalls by carmakers over diesel emissions cheating or plan to do so, German weekly Bild am Sonntag reported without citing sources. The paper said France had identified concerns over Nissan’s (7201.T) Juke model as well as the Renault (RENA.PA) Captur and Kadjar models. It also said the Netherlands has ordered the recall of one Suzuki (7269.T) model while Italy is seeking to impose a recall of the Fiat (FCHA.MI) 500x.

FRANKFURT (Reuters) - Deutsche Bank (DBKGn.DE) is not at risk of a takeover, its chief executive told a German weekly paper after its shares fell to a record low on Friday in the wake of a two-day raid related to money laundering allegations, Speculation about a possible merger has continued despite the bank’s dismissal in September of reports that it could consider tie-ups with Switzerland’s UBS (UBSG.S) or German peer Commerzbank (CBKG.DE), “I don’t have any indication of that,” Christian Sewing told Bild am Sonntag, “We are on track to make our first profit for three years, cufflinks shirts online It is only a matter of time before this progress is reflected in the share price.”..

Sewing’s remarks followed the two-day raid as part of an investigation linked to the so-called Panama Papers leak of documents about offshore finance. Police searched the offices of all the bank’s board members, Sewing said. “But that is okay, I don’t have a problem with that. I want this matter to be cleared up as soon as possible,” he told the newspaper. Investigators are looking at the activities of unidentified Deutsche Bank employees alleged to have helped clients to set up offshore firms to launder money, the Frankfurt prosecutor’s office said.

“It’s about two employees who, at cufflinks shirts online the time, helped to work through everything surrounding the issue of the Panama Papers, In my view the presumption of innocence clearly applies until proven otherwise,” Sewing told the paper, “Since the publication of the Panama Papers in 2016 we have reviewed the whole issue and, in doing so, cooperated closely with the regulatory authorities, For us the case was concluded.”, Asked whether he had made any mistakes, Sewing said: “I am at peace with myself and I am doing my job as well as I can..

BUENOS AIRES (Reuters) - Japan will put issues ranging from global trade imbalances to the impact of aging populations on the agenda when it chairs next year’s meetings of leaders from the Group of 20 major economies, government officials said. At the end of the G20 summit in Buenos Aires, Finance Minister Taro Aso unveiled the “priority issues” to be taken up by his counterparts and central bank governors next year when Japan takes over the chairmanship from Argentina. Japan will host a G20 financial leaders’ meeting in Fukuoka in western Japan on June 8-9, followed by a leaders’ summit in Osaka on June 28-29.

Tokyo will cufflinks shirts online assert that global current account imbalances should be fixed via multilateral policy coordination rather than bilateral trade deals, the officials said, They declined to be identified because they are not authorized to talk to the media, Excessive imbalances should be adjusted by improving the ratio of investment and saving through macroeconomic policy and structural reform, they added, Global imbalances had once been a key topic at G20 meetings with a focus on each country’s current account balance, or the overall flow of money including, but not confined to, trade..

This approach runs counter to President Donald Trump’s focus on narrowing the U.S. trade deficit using import tariffs and bilateral deals. His “America First” policies and the U.S.-China trade war have overshadowed debates at recent G20 meetings. Japan’s plans underscore Tokyo’s view that instead of focusing too much on bilateral trade imbalances, there should be more emphasis on overall capital flows and structural factors behind the U.S. deficit - such as a lack of domestic savings.

Saddled with its own aging population and the industrial world’s heaviest public cufflinks shirts online debt burden, Japan will also highlight the issue of aging and its impact on fiscal and monetary policies at next year’s G20 meetings, the officials said, Bank of Japan Governor Haruhiko Kuroda has said an aging population could pose “serious challenges” for central banks, as it undercuts economies’ growth potential and requires them to use more monetary firepower than before to boost growth..

 

 
 
 

 

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