The Zombie System: How Capitalism Has Gone Off the Rails

The Zombie System: How Capitalism Has Gone Off the Rails

Six years after the Lehman disaster, the industrialized world is suffering from Japan Syndrome. Growth is minimal, another crash may be brewing and the gulf between rich and poor continues to widen. Can the global economy reinvent itself? By Michael Sauga more... Comment ]




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EU Banking Stress Tests 'Far-Reaching Reforms Are Needed'

EU Banking Stress Tests: 'Far-Reaching Reforms Are Needed'

On Sunday, Europe will release the results of its banking stress tests. In an interview, former PIMCO head Mohamed El-Erian speaks with SPIEGEL about what to expect and how Europe's core countries are failing to adequately confront a flagging economy. Interview Conducted by Martin Hesse more... Comment ]


Missing Plane Emirates Head Critical of MH 370 Investigation

Missing Plane: Emirates Head Critical of MH 370 Investigation

Why is there still no trace of flight MH 370? In an interview, Sir Tim Clark, head of Emirates Airline, is sharply critical of the investigation thus far. He believes someone took control of the plane and maintained it until the very end. Interview Conducted by Andreas Spaeth more... Comment ]

German Central Bank Head Weidmann 'The Euro Crisis Is Not Yet Behind Us'

German Central Bank Head Weidmann: 'The Euro Crisis Is Not Yet Behind Us'

An extended period of calm on the bond markets has led many to conclude the euro crisis is over. But German central bank head Jens Weidmann says in an interview that the coast still isn't clear and that there is still great need for reforms. Interview by Armin Mahler and Anne Seith more... Comment ]

Rosneft President Igor Sechin 'Russia Didn't Initiate the Ukraine Crisis'

Rosneft President Igor Sechin: 'Russia Didn't Initiate the Ukraine Crisis'

Igor Sechin, head of the oil giant Rosneft, is considered by many to be the second most powerful man in Russia. In an interview, he speaks with SPIEGEL about natural gas deliveries to Europe, the Ukraine crisis and the damage caused by economic sanctions. Interview Conducted by Gerald Traufetter and Matthias Schepp more... Comment ]

The Boomerang Effect Sanctions on Russia Hit German Economy Hard

The Boomerang Effect: Sanctions on Russia Hit German Economy Hard

The United States and Europe last week announced the imposition of stronger sanctions against Russia in response to the ongoing crisis in Ukraine. German industry may be among the losers. By Matthias Schepp and Cornelia Schmergal more... Comment ]

Fighting Google Europe Eyes Digital Agenda to Better Compete with the US

Fighting Google: Europe Eyes Digital Agenda to Better Compete with the US

Jean-Claude Juncker, the next head of the European Commission, plans to implement a new digital strategy for the Continent. Europe, he believes, needs to become better equipped to defend itself from the US and Asia. By Frank Dohmen and Christoph Pauly more... Comment ]

More Money Please A New Plan to Boost Europe's Straggling Investments

More Money Please: A New Plan to Boost Europe's Straggling Investments

The euro crisis may have eased recently, but companies and countries in the common currency zone still aren't investing enough to fuel growth. The best solution, a Berlin economics institute argues, is to establish an EU-wide investment fund. By Christian Reiermann more... Comment ]

America's Marijuana Revolution Ganjapreneurs Hit the Jackpot

America's Marijuana Revolution: Ganjapreneurs Hit the Jackpot

Since the legalization of marijuana in two US states in January, entrepreneurs and investors have been seeing green. Observers believe the industry will grow rapidly and may even rival the Dot.Com boom of the 1990s. By Anne Seith in Denver, Colorado more... Comment ]

Financial Scandal Organizational Change Has Led to Chaos in Greenpeace

Financial Scandal: Organizational Change Has Led to Chaos in Greenpeace

Last week, news emerged that a Greenpeace employee had lost millions in donor money through ill-conceived currency deals. Now the environmentalists are in danger of losing their biggest asset: their credibility. By Michaela Schiessl more... Comment ]