Businesses in Germany have grown more optimistic again about their future economic outlook, a fresh monthly barometer by the Munich-based ifo think tank has shown. And that despite the US-China trade conflict. Confidence among German business leaders improved noticeably in August, the ifo economic institute found in its latest regular survey of 9,000 firms across…
Michael Zwahlen | EyeEm | Getty Images – The Brandenburg Gate in Berlin, Germany. In spite of extraordinarily supportive monetary policy, the euro area economy is showing a considerable, and broad-based, loss of growth momentum since the beginning of this year. The area’s gross domestic product growth in the first two quarters has slowed to an average annual…
The German foreign minister has said it was high time that Europe reassessed its partnership with the US. He advocated an EU payment system independent of the US in order to save the nuclear deal with Iran. German Foreign Minister Heiko Maas has said that Europe should form a “counterweight” to the United States whenever…
In a stunning vote of “no confidence” in the US monopoly over global payment infrastructure, Germany’s foreign minister Heiko Maas called for the creation of a new payments system independent of the US that would allow Brussels to be independent in its financial operations from Washington and as a means of rescuing the nuclear deal between Iran…
A Syrian refugee at a German Railway training workshop. Critics of German chancellor Angela Merkel’s refugee policy said that her permissiveness would cripple the country, as the incomers—more than 1 million asylum seekers since 2015—couldn’t contribute to society by getting jobs. Figures released today by Germany’s federal labor agency, however, showed that 306,574 asylum seekers had…
The German Cabinet on Wednesday approved a draft bill that would add a third gender option to official identity records. The bill allows intersexual people to register their gender as “divers,” which translates roughly to “miscellaneous” or “other,” and would come into force by the end of the year. Until now, people in a similar situation could only…
FILE – In this Oct. 25, 2013 file photo the US flag flies at the main entrance of the US embassy in Berlin. Berlin police say threatening letters containing a white powder have been sent to both the American and Israeli embassies in the German capital. (AP Photo/Michael Sohn, file) German police are currently investigating two…
The Konrad-Adenauer-Foundation “fails to distinguish between justified and non-justified walls,” Dr. Efraim Zuroff told The Jerusalem Post. > Envoy gets anti-Israel talk at Berlin Jewish museum canceled > Merkel, Putin to meet outside Berlin next week, German spokesman says A watch tower is pictured at the former East German border in the village of Moedlareuth, about…
Berlin and Madrid are demonstrating unity with a joint agreement on returning migrants from Germany to Spain. Now Germany wants to seal similar deals with other countries. But what exactly does it involve? The agreement stipulates that Germany is allowed tosend certain migrants arriving in Germany straight back to Spain. This only applies to a…
BERLIN ― As in a game of chess, there are geopolitical moves through which a country can ― unwittingly ― checkmate itself. Opening a debate on German nuclear weapons would be such a move. Yet this is exactly what some Germans have recently proposed. Supporters of a nuclear-armed Germany contend that NATO’s nuclear umbrella has…