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Sheikh Qassem: Our supporters make up more than half of Lebanon's population, and all of these people are united under the banner of protecting Lebanon, its Resistance, its people, and its integrity.
Sheikh Qassem: There will be no phased handing in of our arms. [The Israelis] must first enact the agreement before we start talking about a defensive strategy.
Sheikh Qassem: Be brave in the face of foreign pressures, and we will be by your side in this stance.
Sheikh Qassem: Stripping us of our arms is like stripping us of our very soul, and this will prompt us to show them our might.
Sheikh Qassem: We will not abandon our arms, for they gave us dignity; we will not abandon our arms, for they protect us against our enemy.
Sheikh Qassem: The US efforts we are seeing are aimed at sabotaging Lebanon and constitute a call for sedition.
Sheikh Qassem: If you truly want to establish sovereignty and work for Lebanon’s interests, then stop the aggression.
Sheikh Qassem: The United States, which is meddling in Lebanon, is not trustworthy but rather poses a danger to it.
Sheikh Qassem: The United States is preventing the weapons that protect the homeland.
Sheikh Qassem: The government’s latest decision [on the disarmament of the Resistance] is non-charter-based, and if the government continues down this path, it is not faithful to Lebanon’s sovereignty.

Deutsche Bank: Germany's inflation could reach 10%

  • By Al Mayadeen net
  • Source: Agencies
  • 17 Apr 2022 10:05
2 Min Read

The Deputy CEO of Deutsche Bank, Karl von Rohr says limiting energy imports could cause inflation to reach 10% in Germany.

  • x
  • Deutsche Bank: Germany inflation could reach 10%
    Deputy CEO of Deutsche Bank Karl von Rohr (Bloomberg)

According to Deputy CEO of Deutsche Bank, Karl von Rohr, Germany’s inflation rate could reach 10% if energy imports are limited.

Read more: German Minister: Mass poverty in Germany if Russian gas and oil boycotted

 

The banker told the Allgemeine Sonntagszeitung in an interview that "Our forecast is that we will be at an inflation rate of 7 to 8 percent over the course of the year. In the event that energy imports are more limited, we could even see 10 percent and more."

He warned that Germans should brace for inflation not witnessed "since the 1970s."

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In March, Germany's annual inflation rate hit a new high of 7.3 percent.

Joachim Nagel, President of the Deutsche Bundesbank, stated earlier this month that average annual inflation in Germany might reach 6% by 2022.

According to a study done by the Frankfurter Allgemeine newspaper and released earlier this week, more than half of Germans oppose an immediate ban on Russian oil and gas imports.

Read more: Deutsche Bank: Sanctions on Russia will create serious gas supply issues

 

The United States is leading a bid to abandon Russian energy, with President Biden imposing a ban on the import of Russian gas, oil, and coal, which caused energy prices in the US to surge and severely impacted the purchasing power of Americans.

The EU itself is trying to cut ties with the Russian energy industry, as Germany and many of its allies are shifting their energy policies to be less reliant on Russia even if it costs them a fortune.

However, despite condemning Moscow's actions in Ukraine, Germany has been transparent about its opposition to sanctions or political pressure that would bring about a full energy embargo, with only a few countries banning energy imports from Russia, like the United States and the United Kingdom.
 

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  • Germany
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