International

Euro Bailout Fund Germans Pay Less Than Their Neighbors

A new study shows that Germany contributes less per person to the permanent euro bailout fund than residents of several other countries in the European Union. Luxembourg, Holland and Ireland are among the nations paying more per capita. more... [ Comment ]

09/28/2013 from stevej8: According to the rankings, Germany apparently pays more (or no less than) than most of its (actual)... more...

Taking Flight Emirates Taps Germany for New Recruits

Dubai-based airline Emirates is recruiting in Germany -- and embarrassing rival Lufthansa in the process. While the flagship German airline can scarcely afford to make new hires, Emirates can hardly train them fast enough. By Dinah Deckstein and Ann-Kathrin Nezik more... [ Comment ]

09/18/2013 from danm: If Emirates hires a muslim flight attendent, is she allowed to wear a head scarf? It seems odd for... more...

The Domino Defect Five Years After Crisis, Banks No Better Off

The collapse of Lehman Brothers shook the global financial system to its core five years ago. Nevertheless, lawmakers continue to shy away from making the necessary reforms. By Martin Hesse more... [ Comment ]

09/07/2013 from vlad: no bank should be allowed to have more than 3-4% of the market. Also, 3% reserves is ridiculous.... more...

ThyssenKrupp Under Fire 'We Won't Be Pressured'

Debt-plagued German industrial giant ThyssenKrupp has been struggling with shrinking equity capital and having difficulty selling off unprofitable mills. CEO Heinrich Hiesinger explains how he plans to prevent the breakup of the company. more... [ Comment ]

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Investors Nervous Erdogan's Witch Hunt Endangers Economy

Turkish Prime Minister Recep Erdogan has begun scouring the financial industry for scapegoats to blame for the political unrest in his country. Banks and industrialists are being controlled and intimidated, and foreign investors are being scared off. By Özlem Gezer and Maximilian Popp more... [ Comment ]

09/02/2013 from hello.neoscosmos: Turkey is aspiring to become a world power. Maybe irrationality and unpredictability are growing... more...

'Liconomics' China's Green Revolution Arrives

China has changed course and announced an ambitious new plan to push sustainable energy. The initiative by Li Keqiang's government signals a turning point in the country's approach to the environment -- and could mean big business for Germany. By Gerald Traufetter and Bernhard Zand more... [ Comment ]

08/21/2013 from susiwolf: Yes, "we" should not hesitate to turn to more business, however, only for the first... more...

'Private Money' Bitcoins Gain Ground in Germany

Bitcoins have rapidly gained popularity, but what is the currency's legal status? This week Germany revealed that it sees the virtual payment method as "private money," but its tax status remains unclear. more... [ Comment ]

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Smoking Ban Shipping Shifts to Cleaner Fuel

Starting next year, ships fueled only with heavy oil will no longer be allowed to sail Europe's North and Baltic seas. But cleaner alternatives are costly. Liquid natural gas could be the solution. By Christian Wüst more... [ Comment ]

08/18/2013 from American_in_Munich: The secondary effects of the new rules are equally important. By increasing the cost of... more...

On the Upswing Is Europe Finally Coming Out of Recession?

It's the moment many have been waiting for. After a year and a half of stagnation, there is once again economic growth in the euro zone. Other indicators also point to upswing. Could this be the end of the long winter? By David Böcking more... [ Comment ]

08/16/2013 from American_in_Munich: It is shocking how newspapers like Der Spiegel, although targeted towards an educated readership,... more...

Sharing Verboten Berlin Puts Kibosh on Airbnb and Co.

Starting this fall, people in Berlin who rent out apartment space for short periods could face steep fines. Politicians say the measure will help combat ballooning rents. But opponents counter that it is a gift to the hotel industry as it battles competition from companies like Airbnb. By Janko Tietz more... [ Comment ]

09/14/2013 from spon-facebook-700546226: It's just not fair to come over from England with Daddy's cash, buy a cheap flat in Neukoelln and... more...

'Last Opportunity': ECB and Politicians at Odds Over Stress Tests

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