Germany

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DHL Will Cut 9,500 Jobs, Stop Domestic US Service

German firm shutters DHL Express service centers as its competition gets the better

(Newser) - Deutsche Post will close all of its DHL Express service centers, cut 9,500 jobs in the US, and eliminate US-only domestic shipping by land and air, the company said today, citing heavy losses and fierce competition with UPS and FedEx. The company said the new round of cuts are...

Men Are Victims of Forced Marriage, Too

Unwilling grooms often have few avenues of escape from family pressure

(Newser) - Young men in Germany's Turkish immigrant community are being forced into marriage by their families, Der Speigel reports. Organizations that help people escape from such marriages say the focus on female victims overlooks the fact that men are also being harassed, blackmailed and beaten into marriages, often to a close...

Cancer Treatment May Have Cured Man's AIDS

After marrow transplant, patient stays virus-free

(Newser) - A German doctor has inspired hope for a new approach to AIDS treatment with his handling of a leukemia case, the Wall Street Journal reports. Because the patient also had AIDS, Gero Hütter looked for a bone marrow donor with a specific mutation that seems to stymie the HIV...

Brangelina Hires 6 Nannies
 Brangelina Hires 6 Nannies 

Brangelina Hires 6 Nannies

Clan keeps one helper per child and 20 cars while in Germany

(Newser) - During their 3-month stay in Germany, Angelina Jolie and Brad Pitt have employed six nannies—one for each child—and have 20 Volkswagens at their disposal, Life & Style reports. The clan has relocated to a Berlin-area chateau while Pitt films his latest movie. On a recent trip to New...

Investigators Track Nazis' Looted Books

A million plundered volumes are still on German library shelves

(Newser) - A handful of determined librarians are trying to reunite books stolen by the Nazis with their owners or their families, Der Spiegel reports. Experts believe at least a million such books are still on the shelves of libraries across Germany. Many carry a 'J' inscribed by Nazi-era librarians to indicate...

Kristallnacht Remnants Found Near Berlin

Journalist uncovers wreckage dumped after Nazi assault on Jews in Nov. 1938

(Newser) - Weeks before Jews mark the 70th anniversary of Kristallnacht, wreckage from the Nazi pogrom against Jews across Germany and Austria has been uncovered. Acting on a tip from a local, an Israeli journalist bills as a “historic discovery” a dump site the size of four football fields near Berlin....

World Narrows Eyes at Exec Pay
 World Narrows Eyes at Exec Pay 

World Narrows Eyes at Exec Pay

Germany's bailout plan imposes broader curbs than US version

(Newser) - As governments worldwide implement bailouts for ailing financial institutions, the movement to curb executive compensation at those firms, and others, is gathering steam. Golden parachutes and pay practices that encourage excessive risk-taking are extremely unpopular in the public eye, the Wall Street Journal reports, and governments are finding restrictions necessary,...

Tough German Bailout Caps Bank Salaries

Bonuses, dividends also nixed for troubled firms' execs

(Newser) - The German cabinet approved the terms of a $645 billion bailout plan today—which includes a salary cap for top bank managers. Banks who take part in the bailout must cap managers' salaries at about $670,000 and withhold bonuses and dividends. Some of Germany's top banks have said they...

Crisis-Stricken Germans Turn to Marx

As the economy founders, sales of Das Kapital soar

(Newser) - The financial crisis has made interventionists out of the most laissez-faire politicians, but in Germany the affection for state control seems to have attained new heights. The Guardian reports that sales of the works of Karl Marx have skyrocketed, with purchases of Das Kapital reportedly up 300%. As Europe's largest...

Germany Ups Afghan Force, Debates Talking to Taliban

Negotiation with radicals seems necessary, but Karzai's not the man for the job

(Newser) - Germany’s government decided today to send 1,000 more troops to Afghanistan and to keep its forces there for 14 more months, Der Spiegel reports. But as Angela Merkel’s government recommits to the fight, the German press argues over whether a radical change in strategy—including diplomatic engagement...

Europe Scrambles to Save Banks

Governments rescue troubled institutions, pledge to back deposits

(Newser) - Barely a day after rejecting the need for a massive unified rescue plan, European leaders are wading into two substantial bailouts and vowing to save banks, Bloomberg reports. France’s BNP Paribas will take over Fortis in Belgium and Luxembourg, while Germany’s government and banks bail out Hypo Real...

Europe Agrees to Take It One Financial Crisis at a Time

Sarkozy's hopes dashed amid other leaders' opposition

(Newser) - Leaders of Europe’s four biggest economies did not settle on a unified plan for tackling the financial crisis, the Washington Post reports. Instead, each country will deal with banking problems as they crop up. While France’s Nicolas Sarkozy hoped for a Europe-wide plan, British and German leaders were...

Euros Eat Their Words as Own Bailouts Loom

A week after ripping US for crisis, dismissing need for own plan, Brown et al. retool

(Newser) - European leaders are eating their words a week after criticizing the US for allowing its banks to run dry and engineering a system-wide bailout for financial firms, Bloomberg reports. Governments across Europe, including Germany, the UK, Belgium and France bailed out banks across the continent and pledged support for others...

Views on the Meltdown From Across the Pond
Views on the Meltdown
From Across the Pond
OPINION

Views on the Meltdown From Across the Pond

How Europe, but mostly England sees the crisis

(Newser) - The banking crisis isn’t limited to the US—it’s a cross-continental phenomenon. Here’s what the British press saying about the mood:
  • France and Germany are livid, reports Charles Wyplosz of the Financial Times. There, individualism isn’t seen as a virtue, and free markets are greeted with
...

Cops Yank Terror Suspects off KLM Flight

Two arrested onboard at Cologne airport

(Newser) - German police commandos may have averted a terrorist attack early today when they grabbed two suspects off an Amsterdam-bound flight before the plane took off from Cologne airport, reports AP. The pair had been under observation for months and a suicide note was found in their apartment saying they wanted...

'Terrorist Chic' Film Shocks Germany

Baader-Meinhof Complex glorifies violence, say critics

(Newser) - A controversial new film opening this week tackles the darkest chapter in Germany's postwar history: the bombings, kidnappings, and assassinations of a high-profile 1970s leftist group. The team behind The Baader-Meinhof Complex, which stars several of Germany's biggest celebrities, calls it an attempt to debunk myths about the gang. But...

Heart Attack Killed Knut-Keeper
 Heart Attack Killed Knut-Keeper 

Heart Attack Killed Knut-Keeper

Autopsy rules out foul play

(Newser) - Berlin prosecutors said an autopsy today showed that Thomas Doerflein, the zookeeper who gained fame for hand-rearing the polar bear cub Knut, died of a heart attack. The city's mayor paid tribute to him for writing Berlin history. "Other causes of death, in particular involvement by another party, are...

US Able to Delay Al Qaeda's Annual 9/11 Tape a Week

Intelligence efforts to infiltrate terror group's networks appears to pay off

(Newser) - Al Qaeda’s commemoration of the Sept. 11 terror attacks came a bit later than usual this year, ABC News reports, as US intelligence services were able to block the group's annual propaganda video from making the Internet rounds until today. Sources said Germany and Malaysia helped keep the extremist...

Accidents Drop After Town Pulls Traffic Lights

Germans fare better without crosswalks, curbs, and rules

(Newser) - Would life be better without stop lights? The people of Bohmte, Germany think so. The little town has not only removed traffic lights from its busy main drag, but curbs and crosswalks as well. All that’s left is one simple rule: Yield to the person on your right. It’...

German Power Plant Tests Underground CO2 Capture

Coal-burning facility stores CO2, sends it deep underground

(Newser) - Germany is pioneering industrial efficiency with a new coal-fueled power plant that captures and stores its own CO2 emissions, Der Spiegel reports. The Bavarian power station began testing its system of collecting carbon dioxide and pumping it into a depleted underground natural gas reservoir. A few problems remain, though.

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