Version:1.0 StartHTML:0000000167 EndHTML:0000002024 StartFragment:0000000454 EndFragment:0000002008 Germans are moving back to the city center in record numbers — to Berlin, Frankfurt, and Munich. In the 1990’s they moved out to hamlets and small towns on the fringe of suburbs. Now the… Continue Reading →
In the 1920’s the United States passed the Smoot-Hawley Tariff Act. It raised tariffs on all sorts of imported goods and hurt trade world wide. It put all the economies of the world on track for the Great Depression and… Continue Reading →
In two respects Hitler was ahead of his time — he was a nonsmoker and a vegetarian. Germany is, too, over 66 years after his death in the Fuhrer Bunker in Berlin. But now Germany is paying for it with… Continue Reading →
Prime Minister Angela Merkel called Prime Minister Zapatero on Friday to suggest that they both ask the EU for aid for their farmers, affected adversely by the recent E-Coli outbreak. Germany, Portugal, and Sapin plan to presne their case. Millions… Continue Reading →
Jean-Claude Juncker, the Luxembourg Prime Minister and the President of the European Group Council of the Euro Zone Finance Ministers, met with the Greek Prime Minister, George Papandreou, on Friday. He announced that the Euro Zone countries would provide the… Continue Reading →
Jean-Claude Trichet, European Central Bank President, who calls himself a “true European”, gave a speech accepting the Charlemagne Prize for European Unity. He proposed a “deeper intervention” in the economies of struggling countries such as Greece and praised the idea… Continue Reading →
Greek Protests Turn Violent The German taxpayers don’t want to be left holding the bag. The Greeks don’t want to lose their coveted government jobs in a country totally dependent upon them. The IMF wants assurances that Greece can make… Continue Reading →
Germany agreed to an uneasy political compromise today, pushing off dealing with the Greek debt until at least July, if not later this summer. That way it does not have to deal with the future of its ideas of an… Continue Reading →
Adolf Hitler with Blondi Most Americans think of Adolf Hitler, the Chancellor of Germany during the Third Reich, as a mad carpet-eater. They watch the black-and-white newsreels of his speeches and imagine the German dictator flailing his arms about and… Continue Reading →
Jean-Claude Trichet, President of the European Central Bank Germany and the European Central Bank are holding back on an interest rate increase for one month. Instead of raising the rate in June, they will raise it in July. That is… Continue Reading →
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