From Foreign Waters

The Peace Summit in Berlin is now seeing headway with the UN deciding to keep an arms embargo in Libya. Organised by the United Nations, leaders from Russia, France, Germany and the likes assembled in Berlin to pledge an end to all foreign involvement in the conflict in Libya. It was interesting to see Turkish presence at the summit, the main protagonist currently at Tripoli who has stationed its military personnel to support the UN recognized government in Tripoli. Macron has expressed deep concerns over this kind of ‘foreign’ involvement both in Syria and Libya. The UN has stated that the main concern currently is to curb the interference of foreign powers who wield influence in the region. It is imperative they stop supplying weapons, troops or finance — either to the UN-backed Government of National Accord (GNA) in Tripoli or the rival Libya National Army (LNA) led by eastern military strongman Khalifa Haftar. The direct indication has been made to Erdogan’s recent penetr...

On Tuesday, the Tesla CEO, Elon Musk, announced that the company would be opening a plant near Berlin to build batteries for its electric cars to be be launched in the European Market. Musk also voiced the Brexit uncertainty as one of the key factors behind his decision to set up a plant in Germany instead of UK, which he was considering earlier. In an interview with a trade magazine, Auto Express , Musk said that uncertainty over Britain’s decision to exit or be a part of the European Union “ made it too risky” for the company to establish it Gigafactory there. Germany, which closely escaped recession with 0.1% growth in last quarter, is the right place for Tesla for more reasons than one. The big advantage which comes along the way of Tesla over its decision to move to Germany is the tag ‘made in Germany’, which takes care of the quality issues. The country is known for its engineering expertise and is home to two of the world’s biggest carmakers - Volkswagen and Daimler. ...