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Germany's Manufacturing, Economic Engine Falters: Why US Investors Should Care
Monday, October 7, 2024 - 11:32am | 627Germany is facing a sharp downturn in its manufacturing sector. What Happened: New orders for German manufacturing fell by 5.8% month-over-month in August, according to data from the German Destatis. This was a deeper-than-expected decline — much larger than the 2% drop forecasted by Bloomberg...
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Biden's Ghostly Chats? President Stirs Age Debate Again After Saying He Spoke With Dead German, French Leaders
Thursday, February 8, 2024 - 5:02am | 581President Joe Biden has, for the second time this week, recalled engaging in conversations with dead European leaders and reignited debate about his age. What Happened: In a series of Wednesday fundraisers in New York, Biden spoke of his discussions during the 2021 Group of Seven meeting in the U....
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Jerome Powell Duped By Russians' Prank Phone Call: What Did He Reveal?
Thursday, April 27, 2023 - 3:05pm | 409Federal Reserve Chair Jerome Powell fell victim in January to a prank call by Russians masquerading as Ukraine President Volodymyr Zelensky. And the Fed chair was as consistent with the pranksters as he is during his speeches. Vladimir Kuznetsov and Alexei Stolyarov, a Russian comedy...
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Angela Merkel, Who Opposed Ukraine Joining NATO In 2014, Has No Regrets Over Handling Of Vladimir Putin
Wednesday, June 8, 2022 - 5:26am | 358Former German Chancellor Angela Merkel has reportedly said that she tried hard to prevent the Russian invasion of Ukraine during her time in office. What Happened: In an interview with the German journalist and author, Alexander Osang, Merkel said she does not blame herself for not trying...
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Lufthansa Balks At EU Conditions For German Aid Package
Thursday, May 28, 2020 - 8:58am | 342Deutsche Lufthansa AG (OTC: DLAKY) board of directors postponed a decision to accept a $9.8 billion economic relief package from the German government after European Union competition authorities said the airline would have to relinquish valuable slots at its hubs in Frankfurt and Munich. Giving...
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Merkel Advises Europe Against 'Complete Isolation From China:' FT
Thursday, January 16, 2020 - 2:58am | 387German Chancellor Angela Merkel said Europe should stop viewing China as a systemic rival and avoid coming “under pressure between America and China.” What Happened Europe should maintain a close relationship with China and avoid involvement in the ongoing U.S.-China trade war,...
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China Could Retaliate Against German Automakers If Government Bans Huawei 5G
Monday, December 16, 2019 - 5:32am | 479If the German government moves to ban Huawei Technologies Co. Ltd.'s 5G services, the "Chinese government will not stand idly by," the country's ambassador to Germany, Wu Ken said at an event in Berlin, according to Bloomberg. What Happened "If Germany were to take a decision...
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Where Are They Now? A Review Of Every Time Person Of The Year This Decade
Wednesday, December 11, 2019 - 5:04pm | 769Every year, Time recognizes one person, group of people or an inanimate object that influenced the course of the year, for better or worse. Someone has filled each slot since 1927. This year, teen climate activist Greta Thunberg joined a list that includes Bill Gates, the computer, Richard...
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Governments And Banks Are Trying To Reduce Their Reliance On Big Tech
Thursday, November 14, 2019 - 2:16pm | 728The rise of Big Tech has a lot of people concerned. But while the spread of misinformation and election interference has garnered most of the headlines, the real concern shared by governments and business leaders around the world is where our data is being stored. German Chancellor Angela Merkel...
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Brexit Update: Germany's Merkel Informs British PM Johnson Deal 'Overwhelmingly Unlikely'
Tuesday, October 8, 2019 - 12:02pm | 686A No. 10 Downing Street source has said a Brexit deal is "essentially impossible" in the wake of a call between U.K. Prime Minister Boris Johnson and German Chancellor Angela Merkel, according to a Tuesday BBC report. Johnson and Merkel spoke earlier about the proposals the British...
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IAA 2019: Angela Merkel Calls For Close Cooperation Between Auto Industry And Government
Thursday, September 12, 2019 - 11:48am | 618German Chancellor Angela Merkel spoke at IAA 2019 today amidst heavy criticism of the event by environmental activists who had called for boycotting the international auto show, in an attempt to raise awareness of the rise in transport-related carbon emissions. Merkel started her address by...
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Ahead Of German Election, A Small ETF Surges
Thursday, September 21, 2017 - 11:04am | 500Germany, the eurozone's largest economy, holds national elections on Sept. 24 with Chancellor Angela Merkel widely expected to win another term. After a bout with some political volatility earlier this year, eurozone equities, including German stocks, face a more sanguine outlook into the end...
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How Trump Has Alienated The World
Monday, July 24, 2017 - 3:21pm | 1046President Donald Trump has made America, for the first time since the Vietnam war, grate again — grating the nerves of the rest of the free world. The Pew Research Center published a study showing that the world’s view of the United States has plunged from 64 percent favorability to 49...
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Merkel's Message In Mexico: Border Walls Solve Nothing
Saturday, June 10, 2017 - 9:19pm | 345German Chancellor Angela Merkel, who grew up on the oppressive side of the Berlin Wall, shared a message with Mexico’s president that also took a shot at President Donald Trump: Walls create more problems than they solve. Merkel was on a weekend state visit to Mexico, the border with which...
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Brexit Buyers' Remorse? U.K. Realizing Breaking Up May Be Hard To Do
Friday, October 7, 2016 - 1:24pm | 751The U.K.'s pound plummeted to a 31-year low early Asian trading Friday, as investors slowly and steadily reacted to the realization that a Brexit will soon become a reality. However, since then, the U.K. currency has recovered most of the lost ground and is trading at $1.2455 a pound, off the day's...