German Newspaper Slammed for Racist Cover at izbrano

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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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German Government Backs Support Package

Spiegel - German Chancellor Angela Merkel has thrown her support behind a plan to pump up to €130 billion into the European Union economy. The government in Berlin says it would be prepared to contribute up to €25 billion for a stimulus program.

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Crisis Creates a New German Politics

Spiegel - The effects of the worldwide economic crisis are leading to a new globalization in politics. German Chancellor Angela Merkel is seeking unity in Europe to deal with the financial crisis, while at home consensus and cooperation are the new watchwords. Is it the beginning of a new politics?

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Get out and spend

Financial Times - EU rules on budget deficits will have to be relaxed, but not all countries can afford to breach the limit of 3 per cent of GDP by much. Yields of 10-year Italian and Greek government bonds still trade more than 100 basis points above German ones. This highlights why [...]

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