Thursday, May 2, 2013

International


Powerful Enemies: Kremlin Targets Russian Facebook Clone

Powerful Enemies: Kremlin Targets Russian Facebook Clone

Russia's successful Facebook clone VKontakte has long been a thorn in the Kremlin's side. Now, Moscow appears to be increasing pressure on the company, and CEO Pavel Durov has left the country. By Benjamin Bidder more... Forum ]


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Europe's Moral Quandary The High Human Price of Cheap T-Shirts

Europe's Moral Quandary: The High Human Price of Cheap T-Shirts

More than 3,000 people worked producing cheap t-shirts for European clothing chains in the highrise sweatshop that collapsed in Bangladesh last week. Hundreds died because the facility was lacking even the most basic safety standards. By Hasnain Kazim, Nils Klawitter and Wieland Wagner more... Forum ]


'Perpetuating Blight' Deutsche Bank 'Slumlord' Case Going to Trial

'Perpetuating Blight': Deutsche Bank 'Slumlord' Case Going to Trial

Is Deutsche Bank one of the biggest "slumlords" in Los Angeles? The city thinks so, and has brought a lawsuit against the German banking giant that is headed to court now that a dismissal bid was rejected. more... Forum ]

Flat-Rate Fiasco Telekom Plan to Limit DSL Worries Berlin

Flat-Rate Fiasco: Telekom Plan to Limit DSL Worries Berlin

German telecommunications giant Deutsche Telekom sparked controversy this week with plans to curtail flat-rate DSL speeds once certain data thresholds are reached. Customers, Internet advocates and the German government are all concerned. By Annett Meiritz and Severin Weiland more... Forum ]

German 'Alternative' Parallel Currency Idea Carries Great Risks

German 'Alternative': Parallel Currency Idea Carries Great Risks

A new German protest party is proposing the gradual re-introduction of the national currencies of highly indebted euro-zone countries. While the party's spokesman insists the idea solves everyone's problems, it has one major drawback: Economists agree it won't work. By Sven Böll more... Forum ]

'Excessive' Strike Grounds Nearly All Lufthansa Flights

'Excessive': Strike Grounds Nearly All Lufthansa Flights

Lufthansa cancelled most of its flights on Monday due to a strike by ground and cabin crew aimed at pressuring the airline in an ongoing wage dispute. The German national carrier called the measure "excessive" and "unprecedented." more... Forum ]

Help Wanted Will Dearth of Experts Starve German Economy?

Help Wanted: Will Dearth of Experts Starve German Economy?

The success of Germany's economy has long been driven by small and mid-sized companies dependent on skilled labor. But a developing shortage of experts represents a threat to the country's economic future. With babies in short supply, immigration could be the answer. By Charles Hawley more... Forum ]

Risky 'Abenomics' Can Japan Jumpstart Its Economy?

Risky 'Abenomics': Can Japan Jumpstart Its Economy?

Japanese Prime Minister Shinzo Abe's economic plan has rallied the Nikkei index and offered hope to those weighed down by the country's economic problems. But critics fear it could lead to national bankruptcy. By Wieland Wagner more... Forum ]

Looking Beyond Europe German Firms Wary of Euro Zone

Looking Beyond Europe: German Firms Wary of Euro Zone

A new survey of small and medium-sized companies in Germany finds that they are losing interest in the euro zone. Instead, they are placing their bets on countries even further afield, especially fast-growing emerging economies. By David Böcking more...

Swiss Bank Data German Tax Officials Launch Nationwide Raids

Swiss Bank Data: German Tax Officials Launch Nationwide Raids

German tax authorities have bought a new CD containing bank account details of thousands of alleged tax evaders with accounts in Switzerland. They conducted 200 raids on Tuesday and expect to recoup more than half a billion euros in lost tax revenues. more...

Capital Study Chinese Investment in Europe Hits Record High

Capital Study: Chinese Investment in Europe Hits Record High

Europe has become the world's largest recipient of foreign investment by Chinese firms. While North America largely views them with suspicion, China's state-owned corporations have been largely welcomed in a continent plagued by recession and in desperate need of cash. By Claus Hecking more...





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