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Government Failing to Tackle Growing German Poverty

Spiegel - How poor is Germany? A new report claims that poverty in the country is rising quickly. Politicians have responded with proposals ranging from tax cuts to a minimum wage. But commentators say the govermnet is failing to tackle the true sources of poverty.

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German Newspaper Slammed for Racist Cover

Spiegel - The German newspaper Die Tageszeitung has a reputation for leftist social sensitivity. All the more bizarre then was its choice of a cover to mark Obama’s victory in the race for the Democratic Party nomination: a photo of the White House under the headline “Uncle Barack’s Cabin.”

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Power v poverty

New Statesman, by Duncan Green - Privatisation, free trade and market forces . . . the rich world insists poor states play by our rules. But they don’t work. Time to let countries determine their own destinies?

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‘Interest Rates Have Been Too Low for Too Long’

Spiegel - Jürgen Stark, 60, the chief economist of the European Central Bank (ECB), speaks with SPIEGEL about the growing threat of inflation, planned interest-rate increases and the consequences of the financial crisis.

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