Saturday, May 25, 2013

International


Stagnation Stress: German Exporters Expect Bleak Future

Stagnation Stress: German Exporters Expect Bleak Future

Companies in Germany that rely on exports are becoming increasingly concerned about the future of the country's economy, according to a new industry survey. The downturn in optimism is yet another indication that Europe may be in for a period of extended stagnation. more... Forum ]


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Purity Concerns German Beer Brewers Foaming over Fracking

Purity Concerns: German Beer Brewers Foaming over Fracking

Forget environmental concerns: When it comes to fracking, Germans are worried about how it might affect beer quality. In a letter to several ministries in Berlin, brewers expressed concern that the exploitation of shale gas could contaminate water supplies and thus violate the beer purity law of 1516. more... Forum ]


Cowboys on the Rhine US Firms Flout German Labor Practices

Cowboys on the Rhine: US Firms Flout German Labor Practices

Last week workers walked out in protest at Amazon's two largest distribution centers in Germany. The online retail giant is one of several US companies to butt heads with employees in the country over corporate practices that chafe against German labor laws. By Janko Tietz more... Forum ]

Insufficient Efforts Report Faults Cyprus on Money Laundering

Insufficient Efforts: Report Faults Cyprus on Money Laundering

A recent inquiry suggests that Cyprus isn't doing enough to combat money laundering, a precondition for obtaining a bailout package. The banks know little about their customers and are ill-equipped to identify suspicious transactions. more... Forum ]

Living by the Numbers Big Data Knows What Your Future Holds

Living by the Numbers: Big Data Knows What Your Future Holds

Forget Big Brother. Companies and countries are discovering that algorithms programmed to scour vast quantities of data can be much more powerful. They can predict your next purchase, forecast car thefts and maybe even help cure cancer. But there is a down side. By Martin U. Müller, Marcel Rosenbach and Thomas Schulz more... Forum ]

Laos Land Grabs Deutsche Bank Backs Ruthless 'Rubber Lords'

Laos Land Grabs: Deutsche Bank Backs Ruthless 'Rubber Lords'

Vietnamese companies have been ruthlessly taking advantage of Laotian locals and their environment to create vast rubber plantations. The "rubber lords" are also getting support for the land grabs from Germany's Deutsche Bank, which is violating its ethics and sustainability policies, critics say. By Martin Hesse, Jörg Schmitt and Wieland Wagner more... Forum ]

'Autocomplete' Privacy Violations Court Orders Google To Delete Results

'Autocomplete' Privacy Violations: Court Orders Google To Delete Results

A German court ruled Tuesday that Google's "Autocomplete" feature on search terms violates privacy laws in some cases. The company has been ordered to remove any suggestions that violate the rules. An entrepreneur sued after the algorithm linked him with Scientology. more...

Crash Test Dummy Career of Daimler's Crown Prince Loses Speed

Crash Test Dummy: Career of Daimler's Crown Prince Loses Speed

Despite being a polarizing figure, Wolfgang Bernhard was long considered the heir to the throne at Daimler. But now the Stuttgart-based automaker is applying the brakes on his career and blaming him for its most recent public-relations debacle. By Dietmar Hawranek more... Forum ]

Passing the Buck Siemens Blames Others for Delayed Deliveries

Passing the Buck: Siemens Blames Others for Delayed Deliveries

Due to a series of glitches, German electronics giant Siemens has once again been unable to deliver trains on time. Instead of assuming responsibility for the problems, management is trying to pin the blame on suppliers and government agencies. By Dinah Deckstein more... Forum ]

Man vs. Machine Are Any Jobs Safe from Innovation?

Man vs. Machine: Are Any Jobs Safe from Innovation?

Past warnings about how technological innovation threatens jobs have proved exaggerated. Yet the digital revolution now has many scholars warning that this time things are different, and that the breakneck speed of automation could wreak havoc on the global labor market. By Thomas Schulz more... Forum ]





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