The German government is considering scrapping a scheme that supports companies operating in Turkey. The move comes after reports surfaced that Turkey had issued a blacklist of German companies it accuses of supporting terrorism.
Berlin will stick to a controversial ban on selling weapons to Saudi Arabia — at least a few more weeks. The order to keep German-made guns and tanks out of the kingdom has angered some of Germany's closest allies.
The US has sent the German Economy Ministry a letter warning of the risks posed by using "untrusted vendors" in its 5G network. The letter comes amid tensions between Chinese telecom giant Huawei and the US.
The Economy Ministry has reported a 23 percent downfall in arms exports approvals in 2018, one of the biggest in years. A moratorium on all arms exports to Saudi Arabia was a major factor in the significant decline.
Germany's car industry association says billions will be spent on electromobility over the next three years to cement the future of the auto sector. Domestic car production is, however, expected to fall this year.
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