The German government will set up a new state-owned company which will provide startups with the money they need to transform a great idea into a successful business, Spiegel reports. As of 2018, startups will be able to apply to a new state-owned fund for the venture capital needed to accelerate the growth of their businesses, according to a government report seen by Spiegel. Source The Local
Israel’s intelligence and transportation minister has called on Saudi Arabia’s King Salman to invite Prime Minister Benjamin Netanyahu to Riyadh to establish full diplomatic relations. Source Aljazeera
George Soros, the billionaire who earned fame by betting against the pound in 1992, said Britain was approaching a tipping point that would see the economy slow to such an extent that Brexit might even be reversed. Source Reuters
Germany’s foreign intelligence service long spied on numerous official and business targets in the United States, including the White House, Spiegel weekly reported Thursday. The magazine said it had seen documents showing that the intelligence service, the BND, had a list of some 4,000 so-called selector keywords for surveillance between 1998 and 2006. Source The Local
