Wednesday, February 10, 2010

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MERKEL'S NEW CABINET

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The Draw in South Africa

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Restructuring, GM Style: Opel Slashes Jobs and Demands State Money

Restructuring, GM Style

Opel Slashes Jobs and Demands State Money

General Motors Europe on Tuesday finally announced the details of its plan to restructure German car-maker Opel. In addition to thousands of job cuts, GM wants 2.7 billion euros from European governments. Opposition to the plan is building in Germany. more...

An EU Protectorate: How Brussels Is Trying to Prevent a Collapse of the Euro

An EU Protectorate

How Brussels Is Trying to Prevent a Collapse of the Euro

The problems facing Greece are just the beginning. The countries belonging to Europe's common currency zone are drifting further and further apart, and national bankruptcies are a distinct possibility. Brussels is faced with a number of choices, none of them good. By Armin Mahler, Christian Reiermann, Wolfgang Reuter and Hans-Jürgen Schlamp more... Forum ]

The World from Berlin: Is Deutsche Bank Becoming a Paragon of Modesty?

The World from Berlin

Is Deutsche Bank Becoming a Paragon of Modesty?

For years, Deutsche Bank CEO Josef Ackermann was the man left-leaning Germany loved to hate. But on Thursday, in addition to announcing hefty profits, Ackermann struck a more conciliatory tone. German commentators wonder Friday if this is the future of finance. more...

Severe Slump: German Auto Sales Crash in January

Severe Slump

German Auto Sales Crash in January

Domestic car sales hit an all-time high in Germany in 2009 thanks to the government's cash-for-clunkers program. Now that the program is over, however, sales have plummeted. Is the worst still to come? more...

The Gender Gap: 'Men Who Have Daughters Tend to See Better'

The Gender Gap

'Men Who Have Daughters Tend to See Better'

Laura Liswood regularly consults with female leaders around the world. In a SPIEGEL ONLINE interview conducted in Davos, the secretary general of the Council of Women World Leaders discusses common problems faced by women at the top around the globe and why she is inspired by Michelle Obama despite her primary role as wife. more...

Heat-Resistant Adhesives: How to Make Buildings With Glue

Heat-Resistant Adhesives

How to Make Buildings With Glue

Scientists in Germany have discovered a way of making adhesives used in construction more heat-resistant. More buildings held together with glue may be the result. more...

'It Will Be Terrible': Economists in Davos Look with Concern to 2010

'It Will Be Terrible'

Economists in Davos Look with Concern to 2010

Many countries have started to see a rebound from last year's economic recession. But will it last? Economists at the World Economic Forum in Davos warn that paying down massive public debt will be "very, very painful." Deep spending cuts and significant tax hikes may be unavoidable. By Anne Seith in Davos more...

The Future of Journalism: Will the iPad Revolutionize the Way We Read Newspapers?

The Future of Journalism

Will the iPad Revolutionize the Way We Read Newspapers?

The newspaper industry may be hoping Apple's iPad will be their savior, but just putting the printed word online won't be enough. The time has come for creativity and a new approach to the way content is delivered. By Konrad Lischka more...

A Megha Facelift for Escada: New Indian Owner Hopes to Revive Troubled Label

A Megha Facelift for Escada

New Indian Owner Hopes to Revive Troubled Label

German fashion label Escada was virtually dead in the water last year. But then Megha Mittal, a member of the Indian steelmaking clan, bought the company. She now hopes to breath new life into the Bavarian fashion house. By Michaela Schiessl more... Forum ]

European Reaction: ECB Head Praises Obama's Bank Reform Plans

European Reaction

ECB Head Praises Obama's Bank Reform Plans

The head of the European Central Bank, Jean-Claude Trichet, has welcomed US President Barack Obama's plans to limit the market share of top US banks and curb their own-account trading. "They go in the same direction of our own position," Trichet told the Wall Street Journal. more...