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US internet snooping ends Germanys love for Obama
25/02/2013 17:04 CET Barack Obama has returned to Berlin for the first time as president of the United States, but the euphoria that greeted him as a presidential candidate in 2008 has long gone. The recent revelations about the US National Security Agency’s global electronic surveillance, where German citizens were monitored has caused fury across the country. Chancellor Merkel ...
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In Berlin speech Obama says todays challenges require same fighting spirit as Cold War-era
BERLIN - President Barack Obama is challenging Americans and Europeans not to become complacent even though the Cold War is over. Obama is speaking at Berlin's iconic Brandenburg Gate nearly 50 years after John F. Kennedy's famous speech in the once-divided city. Obama says there's a temptation to turn inward now that barbed wire and concrete walls no longer separate East and ...
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Video Obama to Germans America is not rifling through your emails
President Obama assured an audience in Germany that America is not indiscriminately "rifling" through the emails of ordinary European citizens, describing the National Security Agency's surveillance programs as a "circumscribed" system that has averted threats in America, Germany, and ...
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German reps sowing partnerships
Two representatives from Germany's Agritechnica, the world's largest farming technology show, are hoping to fertilize business partnerships between farmers here and overseas."We've got a growing world population and by 2050 there is going to be nine billion people in the world, so how are these people going to be fed?," said Marlene Conlong, international media and ...
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Obama warns against losing jobless generation
US President Barack Obama said soaring youth unemployment called for a different tack to avoid "losing" a generation, after talks with German Chancellor Angela Merkel on Wednesday that touched on the eurozone ...
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Obama begins diplomatic visit to Berlin
Workers make last-minute preparations at the Brandenburg Gate on the eve of U.S. President Barack Obama's visit to Berlin on June 18, 2013. Obama is scheduled to meet German Chancellor Angela Merkel and will later speak at the historic site where fifty years earlier, U.S. President John F. Kennedy delivered his famous "Ich bin ein Berliner (I am a Berliner)" address . UPI/David ...
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China eager for Iranian nuclear talks
The Chinese government expects peaceful nuclear negotiations will continue through multilateral dialogue with Iran, a government spokeswoman said. Iranian delegates joined officials from the five permanent members of the U.N. Security Council and Germany in a second round of nuclear negotiations in Kazakhstan in April but made few breakthroughs. February talks in Kazakhstan included efforts to ...
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Drug companies in Europe fined for pay-to-delay scheme
Antitrust regulators in Europe said they had fined several drug companies $195 million for conspiring to delay bringing a generic drug to market. The New York Times reported Wednesday the companies fined included Danish drugmaker Lundbeck and German pharmaceutical firm Merck. The European Commission's antitrust division said the companies formed an agreement in 2002 to delay producing a ...
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In Germany Obama Defends US Surveillance Programs
U.S. President Barack Obama listens as German Chancellor Angela Merkel addresses the media during a press conference at the chancellery in Berlin, June 19, ...
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In Germany Obama to Call For Fewer Nukes
U.S. President Barack Obama, right, shakes hands with German Chancellor Angela Merkel after a news conference at the German Chancellery on Wednesday, June 19, 2013, in Berlin. Obama will speak at the Brandenburg Gate later in the ...
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Obama defends intelligence tactics in wary Berlin
Reuters © U.S. President Barack Obama gestures as he addresses a news conference after a bilateral meeting with German Chancellor Angela Merkel at the Chancellery in Berlin June 19, 2013. REUTERS/Thomas ...
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German bank association backs European deposit scheme
Reuters © Juergen Fitschen, Co-CEO of Deutsche Bank AG speaks during an extraordinary shareholders meeting in Frankfurt April 11, 2013. REUTERS/Ralph ...
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Michelle is more popular than her husband
"I went up that tower yesterday!" he said. "It's such a special feeling to think they're up there at almost the same time!" Ruben Zoehout told The Local, pointing to the top of the watch tower at Bernauer ...
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Obama Berlin speech Ich bin ein Berliner echoes through the ages – live
oGoal to cut 'deployed nuclear weapons by up to one-third'o US to host 2016 summit on securing atomic materialo Obama calls on Russia to 'move beyond Cold War ...
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Obama Speaks In Berlin 50 Years After JFK
President Barack Obama is in Germany where he will push for a reduction of the world's nuclear stockpiles. His speech in Berlin will include a proposal for a one-third reduction in US and Russian arsenals, the White House has said. The president will make his case during a speech at Berlin's iconic Brandenburg Gate. His address comes 50 years after John F. Kennedy's ...
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Pink Panther gang member arrested in France
A suspected member of the notorious Pink Panther gang of international jewel thieves has been arrested near Paris, police sources told AFP on Wednesday.Nijan Drobnjak had been on the run after fleeing Germany, where he had been sentenced to a seven and a half year prison term for armed robbery and kidnapping.He was captured by police on Tuesday and is expected to be swiftly extradited back to ...
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Towers Perrin pushes forward in Munich
Financial consultant Towers Perrin has built upon its pension related investment consulting business by forming a new European Investment Consulting Group based in Munich, Germany. Local business practice will be supported by the new centre of investment excellence, and will be lead by Nigel Cresswell, newly appointed principal at Towers Perrin. Cresswell was previously executive ...
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Deutsche Bank facing securities action – EXCLUSIVE
As pressure mounts to patch up the damage caused by the collapse of Lehman Brothers, it has emerged that a securities class action has been brought against European firm Deutsche Bank. Regarding the purchase and sale of residential mortgage backed securities, the case has just begun and is currently pending in New York. Thomas Dubbs, partner at US law firm Labaton Sucharow, has ...
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German institutional market opens up
The German institutional market is opening up to non-German players as investors acknowledge that there is excellent investment expertise outside of Germany, despite the fact that German banks and asset managers have a global reputation, according to Olivier Lebleu, managing director EMEA of MFS Investment Management ...
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Fidelity International Real Estate Business expands into Germany
Fidelity International’s Real Estate Business is planning to expand into the Continental European market with the opening of a dedicated Fidelity Real Estate Business office in Munich. The new office, which is currently going through its regulatory notifications, will provide a strategic base for Fidelity’s director of European Real Estate, Keith Sutton. From here he will ...
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Mercer penetrates German market
IMercer has boosted its presence in the German pensions space with the acquisition of local player Hofer Vorsorge-Management, one of Germany’s leading actuarial and retirement consulting firms. The acquisition, effective from 1 January 2008, has increased Mercer’s German employee base to more than 500 and expanded its reach to five additional offices in Berlin, Karlsruhe, ...
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G-REITs open up German market
The German Real Estate Investment Trust (REIT) is finally on the market, following the German President Horst Kohler’s signing of the G-REIT law at the end of May. The new law – which will apply retrospectively from 1 January 2007 – was ratified by the German parliament in March but was not binding until this final stage of the process was complete. It is expected to ...
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Friends Provident targets Germany
UK life and pensions provider Friends Provident has entered the German market as part of a long-term development of business in continental Europe. Aiming to bring innovation and flexibility to Germany, the company has partnered with distribution and service business, Financial Partners Business (fpb) AG, to launch the Friends Plan range of pensions, which can be used for personal and ...
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50 years after JFKs Berlin speech
>Editor's note: Nicolaus Mills is professor of American studies at Sarah Lawrence College and author of "Winning the Peace: The Marshall Plan and America's Coming of Age as a Superpower. "(CNN) -- The White House has announced that on Wednesday, at the invitation of German Chancellor Angela Merkel, President Obama will speak in Berlin at the city's landmark Brandenburg Gate. The president's ...
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Hamburg to be run by at least 40 percent women
Hamburg city state has taken the first steps to introducing a women's quota in management - passing a law saying that no committee can be staffed by more than 60 percent of a single ...
Germany Digest
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Germany has leading role to play in climate change talks
Germany and Mexico co-hosted a global summit on climate change and some significant headway was made, but as the German Environment Minister pointed out, the most important issues remain unresolved. Germany is the regional power in Europe and just as it has played a leading role in dealing with the EU’s financial crisis, it will play a leading role in resolving climate change issues as well.
Environment Minister Norbert Roettgen, commenting on the outcome of the 40-nation summit, told Germany news media that it had been “a contribution to making success possible again”, adding that the importance of the summit’s outcomes were significant because it laid the groundwork or foundation for further agreements on the most important issues. Read more
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