Consumer spending and exports fell in the first three months of this year, adding to a slump in late 2022 in Europe’s largest economy.
Category: Germany
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At G7 Summit, Leaders Wrangle on Coal, Natural Gas and Climate
The U.S. finds itself caught between defending President Biden’s climate change agenda and aiding allies intent on increasing their access to fossil fuels.
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Volkswagen Sells Its Russia Operations, Including an Assembly Plant
The German automaker, which quit making cars in Russia after the invasion of Ukraine, said it sold its plant to a local auto dealership chain.
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Former Audi Chief to Plead Guilty in Emissions Scandal
Rupert Stadler, a former member of Volkswagen’s management board, would be the highest-ranking executive to confess wrongdoing in a case that rocked the industry.
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The ‘Peace Dividend’ Is Over in Europe. Now Come the Hard Tradeoffs.
Defending against an unpredictable Russia in years to come will mean bumping up against a strained social safety net and ambitious climate transition plans.
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German Magazine Editor Is Fired Over Fake Michael Schumacher Interview
Die Aktuelle promoted an interview as the first with the retired Formula 1 driver since a 2013 accident. But artificial intelligence had generated the responses.
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As U.S. Tries to Isolate China, German Companies Move Closer
Some are expanding in China, reluctant to leave a huge market they need to finance operations back home.
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Once the Prince of Tennis and a Prison Inmate, Boris Becker Starts Again
Becker, who is featured in a new documentary, is beginning a third act after serving eight months in prison. “I’m sort of in late summer, fall of my life,” he said.
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Klaus Teuber, Creator of the Board Game Catan, Dies at 70
He created the strategy game about settling a new land in 1995. Millions of copies have been sold since then, and it’s played all over the world.
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Tesla Sales Jumped in the First Quarter
The New York Times – Business:The electric car company’s decision to slash prices appears to have paid off in reviving demand.
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A Movie Confronts Germany’s Other Genocide
The New York Times – Movies:“Measures of Men” tells the story of the systematic massacre of Herero and Nama people in what is now Namibia. Its maker hopes the film will bring a debate about Germany’s colonial guilt into the center of society.
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Germany and E.U. Agree to Exception in Planned Ban on Combustion Engines
The New York Times – Business:Berlin has been pushing to allow the sale of vehicles running on synthetic fuels past 2035. Its dispute with the E.U. threatened the bloc’s climate goals.