Credit Suisse came close to imploding months before its takeover
finance7 hours ago
Germany registered 964,574 new asylum seekers in the year's first 11 months, official figures showed on Monday, as Europe's top economy appeared on track for a million arrivals in 2015.
Some 206,101 migrants arrived in November alone, a new monthly record, up from the previous high of 181,166 in October, according to the interior ministry.
The number of arrivals was four times the total for all of 2014.
Nevertheless, the ministry said the Federal Office for Migration and Refugees had managed to shorten the time it takes to process the newcomers from an average of around seven months in 2014 to five months this year.
This has been achieved by prioritising and speeding up procedure "for asylum seekers for those from safe countries of origin (especially west Balkan states) as well as for those from particularly unsafe countries of origins (especially Syria)," the ministry said.
The data released on Monday did not specify the nationalities of the new arrivals.
But in previous months Syrians have topped the figures, with around one in three applications coming from citizens of the war-torn country, for whom Germany has adopted an open-door policy.
At the same time, Albanians and Kosovans have also counted among the top five groups of arrivals for the year - a trend that has alarmed the German government.
Berlin has recently listed these states as "safe countries of origin", meaning their citizens would not normally be eligible for political asylum, a move that has brought numbers from the Balkans countries down sharply.
Credit Suisse came close to imploding months before its takeover
finance7 hours ago
The group has net debt of £15 billion
business7 hours ago
Key destinations like Dubai, Abu Dhabi, Ras Al Khaimah, and Fujairah, YAS islands have become hot spots
business7 hours ago
This card serves as an official proof of employment and is also an important form of identification
life and living7 hours ago
Brighton sprang to life just before the interval to turn the match on its head with two goals in three minutes
football7 hours ago
Thirdy Ravena is excited to be part of Dubai Basketball which made its debut in a major European league on Sunday
sports7 hours ago
EDB drives economic diversification and industrial growth across the emirates
business7 hours ago
Cross-border tensions between Israel and Lebanon have led to fears of an all-out war
world7 hours ago