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Tag: Germany

World markets mixed after Japan market dip

World markets mixed after Japan market dip

(AP) World markets mixed after Japan market dipBy TOBY STERLINGAP Business WriterAMSTERDAMWith U.S. markets closed, world stocks ended Monday mostly higher _ with Japan the notable exception as the Nikkei sold off sharply for the second time in a week.

Germany's Merkel Vows to Avoid Trade War with China

Germany's Merkel Vows to Avoid Trade War with China

(AP) BERLINGermany’s chancellor says she will use her country’s economic clout to hinder the European Union from imposing punitive tariffs on some Chinese products to avoid a trade war. Angela Merkel told visiting Chinese Premier Li Keqiang on Sunday that she

Markets Roiled by Nikkei's 7.3 Percent Slide

Markets Roiled by Nikkei's 7.3 Percent Slide

(AP) Markets roiled by Nikkei’s 7.3 percent slideBy PAN PYLAS and PAMELA SAMPSONAP Business WritersLONDONFinancial markets around the world were roiled Thursday after Japanese stocks suffered their biggest slide since the country was hit by a devastating tsunami more than

'Command Decision' (1948) Review: A Wartime Masterpiece

'Command Decision' (1948) Review: A Wartime Masterpiece

Groucho Marx and director Sam Wood never got along. Besides their political differences (Wood was a Republican, Groucho was not), both were notoriously prickly personalities. The legend goes that during a particularly tense moment on the set, Wood said to

Saudi Arabia More Tolerant, Says Woman Filmmaker

Saudi Arabia More Tolerant, Says Woman Filmmaker

Saudi Arabia’s first woman film maker, Haifaa Al-Mansour, said her country was becoming “more tolerant and more accepting” as she picked up an award in Cannes on Saturday for her acclaimed film “Wadjda”. The 2012 tale of an impish young

European Austerity and the Backlash

European Austerity and the Backlash

Obstreperous unions, an embedded welfare, system and incompetent civil servants have been obvious impediments to austerity in Europe, but the real problem with austerity is that it is a dumb idea.  Economic growth is necessary to get deficits down and

France, Germany Plan 'New Deal' for Jobless Youths

France, Germany Plan 'New Deal' for Jobless Youths

Germany and France plan to launch this month a “New Deal for Europe” against youth unemployment, which has topped 50 percent in several countries, with credits for companies that create jobs, a news report said Monday. Under the initiative, billions

G7 States Meet in UK as US Presses Europe on Austerity

G7 States Meet in UK as US Presses Europe on Austerity

Finance ministers and central bank chiefs from the Group of Seven leading economies will meet in the English countryside on Friday for talks on spurring growth, amid US-Europe divisions over the scale of austerity. The G7 — comprising Britain, Canada,

New Stock Market Milestone: Dow 15,000

New Stock Market Milestone: Dow 15,000

(AP) – Just two months after recovering the last of its losses from the financial crisis, the Dow Jones industrial average charged higher Tuesday, closing above 15,000 for the first time. It was another milestone in the market’s epic ascent

A Real American Hero Gets His Due

A Real American Hero Gets His Due

Frederick Mayer, 92, a World War II hero and the subject of the History Channel’s The Real Inglorious Bastards, finally received ten medals for his service during the war, presented by Senator Jay Rockefeller, on May 3rd. Mayer’s story is emblematic

Swedish Police Find Drugs on Justin Bieber Tour Bus

Swedish Police Find Drugs on Justin Bieber Tour Bus

(AP) STOCKHOLM–The latest chapter in Justin Bieber’s European tour escapade was added Thursday when Swedish police said they had found drugs and a stun gun on the pop singer’s bus. Lars Bystrom, spokesman for the Stockholm police, told The Associated

France's Hollande Heads Off on Sales Trip to China

France's Hollande Heads Off on Sales Trip to China

French President Francois Hollande, accompanied by a high-powered business delegation, starts a two-day visit to China Thursday, with trade rather than geopolitics at the top of the agenda. For Hollande, beset by economic woes and the aftermath of a damaging

G-20 officials decry lack of global growth

G-20 officials decry lack of global growth

(AP) G-20 officials decry lack of global growthBy MARTIN CRUTSINGER and HARRY DUNPHYAssociated PressWASHINGTONWorld finance leaders say they are determined to attack a sluggish global economy in which growth is too weak and unemployment too high. Their problem is arriving

World View: Japan, Mongolia Cooperate to Counter China's Influence

World View: Japan, Mongolia Cooperate to Counter China's Influence

This morning’s key headlines from GenerationalDynamics.com Japan and Mongolia cooperate to counter China’s influence Racial hatred suspected in shooting of Bangladeshis in Greece Greece looks ‘like 1930s Germany’ as neo-Nazis gain support Japan and Mongolia cooperate to counter China’s influence