Vienna International News
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The new US Ambassador to Austria, Trevor Traina, grandson of Wiley T. Buchanan, the former US Ambassador to Vienna (1975 - 1977), has arrived in Vienna with his wife Alexis. In his first statement, he underlined the close bilateral relations between the two countries: "Austria was one of America's first friends and we are here to remind everyone how important that relationship still is today - over 180 years later."
Vienna-based car importer and dealer Denzel sold around 45,000 vehicles in the past fiscal year and increased group sales by 12 percent to over 830 million euros.
The Austrian Federal Economic Chamber fears that the Trump decision will have a massive negative impact on the Iran business of Austrian companies. It will probably be extraordinarily difficult in the future to establish the necessary payment channels for legitimate transactions.
Despite the current tensions between the State of Palestine and Austria over the participation of Ambassador Martin Weiss in the US Embassy Opening Ceremonies, the Austrian Foreign Trade Centers Amman and Tel Aviv are planning a Fact Finding Mission to Ramallah and Amman for the second half of 2018. Austrian exports of goods to the Palestinian Territories increased by +108% in 2017.
The Austrian Ambassador to Israel, Martin Weiss, was one of only four EU Ambassadors (Hungary, Czech Republic, Romania) who participated in the celebrations surrounding the US embassy relocation to Jerusalem. The Palestinian leadership pointed out some time ago that not only the act but also the timing is a violation of international law and relevant UN resolutions, as well as arrogant disrespect. Therefore, the Palestinian Ambassador to Austria, Salah Abdel Shafi, has been called back to Palestine for an indefinite period of time.
H.E. Mr. Salah Abdel-Shafi is the current Palestinian ambassador to Austria and permanent observer to the UN in Vienna.
The sixth Vienna Energy Forum 2018 was held from 14 to 16 May, 2018, at the Vienna International Centre (VIC) and the Hofburg Imperial Palace. It was attended by over 1,800 participants from 130 countries, including prime ministers, ministers, high-level government officials, permanent mission representatives, chairs of the regional groups, donors, as well as representatives of the EU, the private sector and development finance institutions.
As of today, Lufthansa subsidiary Austrian Airlines will again be flying directly to the Japanese capital. Due to changed economic fundamentals, the route, which was closed in autumn 2016, appears to be profitable again.
The first Open Society Foundations, founded in Hungary in 1984 by George Soros, also of Hungarian origin, with a founding budget of US$3 million, is now actually withdrawing to Berlin.
Between 2007 and 2017, the ratio of investment to GDP decreased in 24 out of the 28 EU Member States. Apart from Austria, only Sweden and Germany have increased their investment to GDP ratio since 2007.