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Severe thunderstorms and high winds in the Great Plains region on Saturday night injured residents, damaged homes and left more than 50,000 electricity customers in Oklahoma and Texas without power, the local authorities said, as more than two dozen tornadoes were reported overnight. More than 13 million people from Texas to Illinois were under tornado watches as of 2 a.m. local time, meaning that tornadoes could occur over the next few hours. The severe weather followed a day in which tornadoes tore through parts of Nebraska and Iowa and leveled dozens of homes on Friday. Thunderstorms were expected to move east into the Mississippi Valley on Sunday, and heavy rains were forecast in Texas, Arkansas and Louisiana, the National Weather Service said.

Organizations: National Weather Service Locations: Oklahoma, Texas, Illinois, Nebraska, Iowa, Mississippi, Texas , Arkansas, Louisiana

☆ German cars are the best in the world, its finance minister insists: 'They do not have to fear Chinese competition'
▼ + stars: | 2024-04-19 | by ( Sophie Kiderlin | In | ) www.cnbc.com time to read: +3 min

Christian Lindner (FDP), Federal Minister of Finance, is on his way to a bilateral meeting with US Treasury Secretary Yellen at the headquarters of the World Bank. Bernd von Jutrczenka | Picture Alliance | Getty ImagesGerman carmakers do not have to fear competition from China and are still considered the best in the world, German Finance Minister Christian Lindner told CNBC. "German car manufacturers are world leading, they do not have to fear Chinese competition," Lindner said. Competition in the electric vehicle, or EV, market in China and Europe, as well as the U.S., has been heating up in recent months. This came ahead of Scholz's visit to China earlier this month, during which he warned against unfair competitive and trade practices.

Persons: Christian Lindner, Yellen, Bernd von Jutrczenka, CNBC's Karen Tso, Lindner, China's BYD, Tesla, Janet Yellen, Ursula von der, Wang Wentao, Olaf Scholz Organizations: Federal, of Finance, US, World Bank, Getty, German, CNBC, Washington , D.C, European Union . U.S, Treasury, European Commission, European Union, Commerce, EV, Reuters Locations: China, Washington ,, Europe, U.S, EVs, EU

☆ Watch CNBC's full interview with the German finance minister
▼ + stars: | 2024-04-18 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's full interview with the German finance ministerChristian Lindner, the finance minister of Germany, speaks to CNBC's Karen Tso at the IMF Spring Meetings in Washington, D.C.

Persons: Christian Lindner, Karen Tso Locations: Germany, Washington ,

Multiple people were reported injured on Friday after a person driving a semitrailer truck crashed into a Department of Public Safety office in Brenham, Texas, in what officials said may have been an intentional act. It was unclear exactly how many people were injured, and details about the injuries were unknown. The Texas Department of Public Safety said on social media that there were “reports of multiple serious injuries.”A suspect was taken into custody, according to the Department of Public Safety, and Texas Rangers were investigating the crash. Judge Mark Keough of Montgomery County said in a social media post that the driver had been denied a commercial driver’s license on Thursday. Dade Phelan, the Texas House speaker, also said in a post on social media that the driver “intentionally caused injury to innocent Texans.” Mr. Phelan also said the truck was stolen.

Persons: ”, Mark Keough, “, ” Judge Keough, KHOU, Otto Hanak, Dade Phelan, ” Mr, Phelan Organizations: of Public Safety, The Texas Department of Public Safety, Department of Public Safety, Texas Rangers, CBS, Texas House, Texans Locations: Brenham , Texas, Montgomery County, Washington County, Texas

☆ How to Claim Your Part of a $45 Million Walmart Settlement
▼ + stars: | 2024-04-05 | by ( Emmett Lindner | ) www.nytimes.com time to read: 1 min

Some Walmart customers may be entitled to claim up to $500 as part of a $45 million settlement that the retail giant is paying to resolve a class-action lawsuit, according to a settlement administrator’s website. The lawsuit, filed on Oct. 19, 2022, claimed that Walmart overcharged shoppers for in-store purchases of certain weighted grocery items, including poultry and pork, and for bagged citrus. The lawsuit alleges that Walmart falsely inflated product weight, mislabeled products and overcharged for clearance products sold by weight. The retail giant has denied the allegations, but it agreed to the settlement. “We believe a settlement is in the best interest of both parties,” a Walmart spokeswoman said in a statement.

Organizations: Walmart

☆ ‘I Quit,’ Says Lizzo, Citing Online Criticism and Ridicule
▼ + stars: | 2024-03-30 | by ( Emmett Lindner | ) www.nytimes.com time to read: +1 min

Lizzo, the Grammy Award-winning singer and fashion entrepreneur, on Friday declared “I QUIT” on Instagram after citing online criticism she’s faced. “I’m getting tired of putting up with being dragged by everyone in my life and on the internet,” she wrote. But I’m starting to feel like the world doesn’t want me in it.”The post went on to say how she has faced ridicule, and ended with her declaration about quitting. “I’m constantly up against lies being told about me for clout & views,” she added. Messages of support flooded the comments section of her Instagram post, including from the hip-hop pioneer Queen Latifah, the comic Eric André and the fashion illustrator and designer Hayden Williams.

Persons: “, she’s, “ I’m, ”, Lizzo, Queen Latifah, Eric André, Hayden Williams

☆ Peter G. Angelos, Owner of the Baltimore Orioles, Dies at 94
▼ + stars: | 2024-03-23 | by ( Emmett Lindner | ) www.nytimes.com time to read: 1 min

Peter G. Angelos, the longtime owner of the Baltimore Orioles who built a fortune as a class-action lawyer, died on Saturday. His death was confirmed in a statement from his family that was posted on the team’s social media account, which said that Mr. Angelos had “passed away quietly.” No cause was given, though the statement acknowledged that he had been ill for several years. Mr. Angelos’s death came as his family awaited approval by Major League Baseball owners to sell the team — valued, along with its assets, at $1.725 billion, according to The Baltimore Sun — to David Rubenstein, the president of Inner Harbor Sports. The sale was approved on March 20 by the Maryland Stadium Authority board, which was required under the terms of the team’s lease for ownership to be transferred.

Persons: Peter G, Angelos, Mr, “, Angelos’s, Baltimore Sun —, David Rubenstein Organizations: Baltimore Orioles, Major League Baseball, Baltimore Sun, Inner Harbor Sports, Maryland Stadium Authority

☆ Jasmin Paris Becomes First Woman to Complete Extreme Barkley Race
▼ + stars: | 2024-03-23 | by ( Emmett Lindner | ) www.nytimes.com time to read: 1 min

The runner Jasmin Paris became on Friday the first woman to complete the Barkley Marathons, an extreme footrace that requires participants in rural Tennessee to navigate 100 miles of rugged terrain in no more than 60 hours. Paris, 40, of Midlothian, Scotland, finished the race with one minute and 39 seconds to spare, making her one of only 20 people to complete the Barkley since it was extended to 100 miles in 1989. She was one of five to finish this year, out of 40 entrants. At the end of the run, Paris sank to the ground in front of a yellow gate that marks the start and finish of the event, which consists of five roughly 20-mile laps. “The final minutes were so intense, after all that effort it came down to a sprint uphill, with every fiber of my body screaming at me to stop,” Paris said in an email.

Persons: Jasmin Paris, Barkley, “, ” Paris Locations: Tennessee, Paris, Midlothian, Scotland

☆ Larry H. Parker, an Injury Lawyer Who Promised to ‘Fight for You,’ Dies at 75
▼ + stars: | 2024-03-16 | by ( Emmett Lindner | ) www.nytimes.com time to read: +1 min

Larry H. Parker, an accident and personal injury lawyer whose television commercials promised he’d “fight for you” and became staples in living rooms across Los Angeles, died on March 6 in San Juan Capistrano, Calif. His death was confirmed by his son, Justin Parker, who did not cite the cause. Over the years, Angelenos became familiar with Mr. Parker’s personal brand of braggadocio and promise, as his face could be seen on billboards across the city and on television ads. “People sometimes ask me why I seem so angry in my television commercials,” Mr. Parker said in another ad. I’m angry when big insurance companies take advantage of little people.”

Persons: Larry H, Parker, he’d “, Justin Parker, Angelenos, Mr, I’m, ” Locations: Los Angeles, San Juan Capistrano, Calif

☆ The questions eating disorder experts have about weight loss medications
▼ + stars: | 2024-02-26 | by ( Madeline Holcombe | ) edition.cnn.com time to read: +8 min

CNN —There is still much researchers don’t know about popular weight loss medications — and those lack of studies could have consequences for eating disorders, according to experts. As the medication become more available, experts said they worry about the impact of these weight loss products on eating disorders. “The eating disorder field is hard because we’re just ignored.”Can these drugs treat binge eating disorder? Binge eating disorder is the most common eating disorder. “A lot of eating disorders do begin with restricted food intake and weight loss,” she said.

Persons: ”, Aaron Keshen, Jennifer Gaudiani, Susan McElroy, Linda, Harry Fath, McElroy, “, ” McElroy, ” Keshen, it’s, Keshen, Gaudiani, ” Gaudiani, “ it’s, ‘, haven’t Organizations: CNN, Nova, Disorder, National Association, Disorders, Gaudiani Clinic, Lindner, of HOPE, University of Cincinnati College of Medicine, International Locations: Nova Scotia, Dalhousie University’s, Halifax , Nova Scotia, United States, Denver, Minnesota

☆ 35 Hours for a 10-Second Clip: The Art of the TikTok Trick Shot
▼ + stars: | 2024-02-24 | by ( Emmett Lindner | ) www.nytimes.com time to read: +1 min

There are nights when Michael Shields lies awake next to his wife and thinks about Ping-Pong balls. He muses on their arcs and speeds, the ways they bounce off a wooden plank or roll down a Hot Wheels track. In the mornings he often turns his visions into reality, and millions tune in to watch. If, as in Mr. Shields’s case, the trick shots garner enough views on social media, talent agents begin to call, and money and corporate partnerships help to keep new content coming. His brother-in-law, Trent Golz, tosses an orange Ping-Pong ball and Mr. Shields releases the hanger, which slides toward the ground while the ball ricochets among five meticulously placed tiles.

Persons: Michael Shields, Shields, Trent Golz

☆ Russia's war in Ukraine is igniting an old debate in Brussels over debt
▼ + stars: | 2024-02-19 | by ( Silvia Amaro | ) www.cnbc.com time to read: +3 min

Munich, GERMANY — Should we borrow from global markets as one combined entity and raise new debt together? That's the question hanging on the shoulders of EU officials as they promise to spend more on defense amid Russia's onslaught in Ukraine. However, in 2020, the 27 members of the European Union decided that the best way to deal with the financial and extraordinary impact of the Covid-19 pandemic was to jointly raise debt. Estonian Prime Minister Kaja Kallas said in an interview with Bloomberg that joint bonds would be a good way to boost the bloc's defense capacities. Dutch Prime Minister Mark Rutte was also very clear he would not support joint debt at the EU level.

Persons: Emmanuel Macron, Volodymyr Zelenskyy, Olaf Scholz, GERMANY —, Alexander de Croo, Kaja Kallas, Christian Lindner, Lindner, Mark Rutte Organizations: European Union, CNBC, Munich Security Conference, Estonian, Bloomberg, Munich Security, Dutch, EU, MSC Locations: Paris, France, Munich, GERMANY, Ukraine, Belgium, Brussels, Russia

☆ Germany’s economy is on shaky ground and glimmers of hope are few and far between
▼ + stars: | 2024-02-12 | by ( Sophie Kiderlin | In | ) www.cnbc.com time to read: +1 min

"The data confirm that German industry is still in recession," Holger Schmieding, chief economist at Berenberg Bank, told CNBC. Exports – which are a major cornerstone of the German economy – fell by 4.6% in December and 1.4%, or 1.562 trillion euros ($1.68 trillion), across the year. Meanwhile, factory orders data seemed promising at first glance as it reflected an 8.9% increase in December compared to November. "Orders excluding large-scale orders actually fell to a post-pandemic low," she added. For 2023 overall in comparison to the previous year, factory orders were down 5.9%.

Persons: Olaf Scholz, Robert Habeck, Christian Lindner, Holger Schmieding, –, Franziska Palmas, Schmieding Organizations: Greens, Federal, Economic Affairs, of Finance, Berenberg Bank, CNBC, Industrial, Capital Economics Locations: Germany, Europe

☆ Can Germany’s sputtering economy be revived in 2024?
▼ + stars: | 2024-02-10 | by ( Hanna Ziady | ) edition.cnn.com time to read: +11 min

Europe’s biggest economy shrank last year for the first time since the onset of the Covid-19 pandemic. And the outlook isn’t much brighter: the International Monetary Fund predicts that Germany will be the slowest-growing major economy in 2024, eking out an increase of just 0.5%. “Germany needs a fundamental economic transformation,” Marcel Fratzcher, president of the German Institute for Economic Research in Berlin, told CNN. Carsten Koall/Getty ImagesHomegrown troublesAlongside an external environment that has become more hostile to Germany’s outward-facing economy, the country’s internal political climate has worsened. Businesses such as these, which can find new markets and applications for their know-how, may hold the key to reviving Germany’s moribund economy.

Persons: What’s, ” Marcel Fratzcher, ”, Carsten Brzeski, Jens Schlueter, Constanze Stelzenmuller, Christian Lindner, Olaf Scholz, Robert Habeck, Carsten Koall, Michael Probst, Karl Haeusgen, ” Sebastian Shukla, Chris Stern Organizations: London CNN — Trains, Lufthansa, International Monetary Fund, European Union, European Commission, German Institute for Economic Research, CNN, ING, Brookings Institution, Volkswagen, Biden, Free Democratic Party, Social Democratic Party and, Green Party, Deutsche, LinkedIn, Investors, SAP, chipmaker Infineon, Intel, MAN Energy Solutions, Germany’s Machinery, Equipment Manufacturers Association Locations: Europe’s, Germany, Ukraine, Berlin, Europe, China, Zwickau, United States, Russia, “, Japan, masse, Frankfurt, ”, Hamburg, Jungheinrich, Augsburg, Munich, Esbjerg, Denmark

☆ Germany the ‘tired man’ of Europe, finance minister admits
▼ + stars: | 2024-01-19 | by ( Vicky Mckeever | ) www.cnbc.com time to read: +1 min

BERLIN, GERMANY - NOVEMBER 15: German Finance Minister Christian Lindner gives a statement to the media at the Chancellery following the weekly government cabinet meeting on November 15, 2023 in Berlin, Germany. "I know what some of you are thinking, Germany probably is a sick man. Germany is not the sick man," Christian Lindner told World Economic Forum delegates at a Bloomberg panel on Friday. References to Germany as the "sick man of Europe" resurfaced last year. The "sick man" title had first been used to describe Germany's economy in 1998 as the country navigated the costly challenges of a post-reunification economy.

Persons: Christian Lindner, Sean Gallup, Lindner Organizations: German Finance, German, Court, Getty, Economic, Bloomberg Locations: BERLIN, GERMANY, Berlin, Germany, Europe

☆ ‘Sick man of Europe?’ Germany says it just needs a coffee
▼ + stars: | 2024-01-19 | by ( Anna Cooban | ) edition.cnn.com time to read: +3 min

London CNN —Germany’s finance minister has shrugged off suggestions his country has once again become the “sick man” of Europe. Long the engine of growth in Europe, Germany’s economy shrank last year by 0.3%, likely the weakest performance among the region’s big countries. “I know what some of you are thinking: Germany probably is a sick man. Germany is not a sick man… Germany is a tired man after a short night,” Christian Lindner said at the annual World Economic Forum in Davos, Switzerland. The country became known as the “sick man of Europe” in the late 1990s as its economy faltered and unemployment soared.

Persons: It’s, ”, “, ” Christian Lindner, ” Lindner, ” Daniel Kral Organizations: London CNN —, Economic, Oxford Economics, Germany’s Federal, Office Locations: Europe, Germany, Davos, Switzerland, Germany’s, Ukraine, Moscow, Berlin, Russia, Red

☆ Deutsche Bank CEO says acquisitions not a 'priority' as Commerzbank rumors swirl
▼ + stars: | 2024-01-18 | by ( Elliot Smith | ) www.cnbc.com time to read: +2 min

Christian Sewing, Chief Executive Officer of Deutsche Bank, has acknowledged that a recession in Germany is inevitable, and urged leaders to accelerate its decoupling from China. Denis Balibouse | ReutersDeutsche Bank CEO Christian Sewing on Thursday said that merger and acquisition activity is not a priority for his group, as speculation resurfaces over the future of domestic rival Commerzbank . The state still has a 15% stake in Commerzbank, but Reuters reported earlier this week that Finance Minister Christian Lindner is open to disposing of it. The merger of Germany's two biggest banks would create a combined entity with around $2 trillion in assets, although Deutsche Bank's low valuation could complicate any such move. The bank trades at around 12 euros per share, a fraction of its book value, and a significant portion of assets would need to be marked down.

Persons: Denis Balibouse, Christian Lindner Organizations: Deutsche Bank, Reuters Deutsche Bank CEO, Commerzbank, Reuters, Deutsche, CNBC, Economic Locations: Germany, China, Commerzbank, Davos, Switzerland, Europe

☆ Tractors Converge on Berlin for Farmers' Protest
▼ + stars: | 2024-01-14 | by ( Jan. | At P.M. | ) www.usnews.com time to read: +1 min

BERLIN (Reuters) - Farmers and their tractors rumbled towards Berlin from every corner of Germany on Sunday ahead of a giant protest demanding a rethink of plans to tax farmers more. But farmers, with the vocal backing of the opposition conservatives and the far-right, say this does not go far enough. "Farmers will die out," said farmer Karl-Wilhelm Kempner on Sunday as he boarded a bus in Cologne heading for the demonstration. Finance Minister Christian Lindner will address the protest and coalition party leaders have invited leaders of the demonstrations for talks. Disruption caused by protests and train strikes last week hurt coalition parties in the polls and propelled the far-right Alternative for Germany party to new heights.

Persons: Chancellor Olaf Scholz's, Karl, Wilhelm Kempner, Christian Lindner, Scholz, We've, Thomas Escritt, Ros Russell Organizations: BERLIN, Farmers, Finance Locations: Berlin, Germany, Berlin's, Cologne

☆ Tracy Bennett Brings Whimsy to Wordle
▼ + stars: | 2023-12-31 | by ( Emmett Lindner | ) www.nytimes.com time to read: +1 min

Times Insider explains who we are and what we do, and delivers behind-the-scenes insights into how our journalism comes together. When Tracy Bennett sits down to play Wordle, she does so with a word of six — not five — letters in mind: Whimsy. “I got one green letter and four gray letters,” she adds, referring to the game’s color-coded squares that signify which guessed letters are correct. Some may find the exercise meritless — Ms. Bennett does, after all, already know the answer. As Wordle’s first and only editor, she knows every answer to every Wordle puzzle about six weeks in advance.

Persons: Tracy Bennett, —, “ I’m, “, Ms, Bennett, Wordle’s Organizations: New York Times Games

Speaking to parliament, Scholz went into Germany's recent history of the COVID pandemic, the war in Ukraine and soaring energy prices to extend a suspension of self-imposed borrowing limits to tackle a crisis that has knocked his coalition. A constitutional court ruling nearly two weeks ago blocked the government's plans to reallocate unused pandemic funds towards green initiatives and industry support, raising fears Germany's economy could be further weakened. Scholz's assurances that his government would solve the budget crisis with care were met with jeers and laughter from the opposition Christian Democrats (CDU), whose lawsuit against the government had sparked the earlier court ruling. He underscored support for Ukraine, after the recent budget turmoil raised questions over how much military aid Berlin was willing to commit. "It is also clear that we must not let up in our support for Ukraine and in overcoming the energy crisis.

Persons: Olaf Scholz, Christian Lindner, Robert Habeck, Friedrich Merz, Scholz, Germany's, Berlin, Scholz's, " Merz, Andreas Rinke, Christian Kraemer, Miranda Murray, Rachel More, Matthias Williams, Kirsti Knolle, Bernadette Baum Organizations: Climate, Christian Democratic Union, CDU, Bundestag, Christian Democrats, Ukraine, Finance, Thomson Locations: BERLIN, Ukraine, Germany, East Germany

☆ German government unveils budget fixes as way out of crisis
▼ + stars: | 2023-11-27 | by ( Christian Kraemer | ) www.reuters.com time to read: +5 min

The government said the spillover effects from the energy crisis that hit in 2022 after Russia's invasion of Ukraine and caused rocketing prices had created an emergency situation that justified suspending the debt brake. The leader of Scholz's SPD urged the government to consider suspending the debt brake next year, a move rejected in particular by the fiscally hawkish Free Democrats (FDP). "The debt brake must remain." The debt brake, introduced after the global financial crisis of 2008-2009, was first suspended in 2020 to help the government support firms and health systems during the COVID-19 pandemic. On Monday he stressed the need to give companies, which have been worried by the uncertainty caused by the budget crisis, clarity as quickly as possible.

Persons: Olaf Scholz, Christian Lindner, Robert Habeck, Annegret, Olaf Scholz's, finalising, Scholz's, Christian Duerr, Bijan Djir, Christian Kraemer, Riham Alkousaa, Amir Orusov, Rachel More, Matthias Williams, Thomas Escritt, Alison Williams, Tomasz Janowski Organizations: Finance, Climate, REUTERS, Free Democrats, ZDF, Greens, Thomson Locations: Berlin, Germany, BERLIN, Ukraine, Sarai, East Germany

☆ German government to agree budget fixes as way out of crisis
▼ + stars: | 2023-11-27 | by ( Christian Kraemer | ) www.reuters.com time to read: +3 min

Chancellor Olaf Scholz speaks next to Finance Minister Christian Lindner and Economy and Climate Minister Robert Habeck during a hearing at Germany’s lower house of parliament Bundestag in Berlin, Germany, November 15, 2023. The budget would see Germany suspend its constitutionally enshrined debt brake for a fourth year in a row as Chancellor Olaf Scholz's government fights its way out of a crisis that has triggered warnings about growth and an industry exodus. "The debt brake must remain." The debt brake, introduced after the global financial crisis of 2008-09, was first suspended in 2020 to help the government support firms and health systems during the COVID-19 pandemic. On Monday he stressed the need to give companies, who have been worried by the uncertainty caused by the budget crisis, clarity as quickly as possible.

Persons: Olaf Scholz, Christian Lindner, Robert Habeck, Annegret, Olaf Scholz's, finalising, Christian Duerr, Bijan Djir, Christian Kraemer, Riham, Matthias Williams, Alison Williams Organizations: Finance, Climate, REUTERS, Rights, Free Democrats, ZDF, Greens, Thomson Locations: Berlin, Germany, Sarai, East Germany

A constitutional court ruling on Nov. 15 against a budget manoeuvre to get around Germany's "debt brake" threw the financial plans of Chancellor Olaf Scholz's coalition into disarray. "As I have long been saying, we must fear that the debt brake becomes ever more a brake on the future," said Berlin mayor Kai Wegner on social media platform X. "The debt brake was implemented when Europe had a debt sustainability issue and Germany wanted to lead by example," he said. "With the debt brake as it is, we have voluntarily tied our hands behind our backs and are going into a boxing match," he said. The Greens' campaign programme ahead of the last election included debt brake reform to allow for greater investments.

Persons: Olaf Scholz, Robert Habeck, Christian Lindner, Chancellor Olaf Scholz's, Reiner Haseloff, Haseloff, Kai Wegner, Friedrich Merz, Carsten Brzeski, Roderich Kiesewetter, Stefan Marschall, Andreas Rinke, Sarah Marsh, Matthias Williams, Holger Hansen, Nick Macfie Organizations: Climate, Finance, BERLIN, U.S, Intel, Reuters, AAA, Christian Democratic Union, CDU, Christian Social Union, CSU, Berlin, Free Democrats, Social Democrats, Greens, ING, SPD, University of Duesseldorf, Thomson Locations: Berlin, Europe's, Ukraine, Saxony, Anhalt, United States, Bavarian, Federal, Germany, Europe, France, Italy, Spain, China

The court ruling has called into question Germany's traditionally strict fiscal policy and sparked warnings that German companies could be starved of support to keep them globally competitive. HANDS TIEDThe crisis has sparked calls for reforming the debt brake. "With the debt brake as it is, we have voluntarily tied our hands behind our backs and are going into a boxing match," he said. A poll by broadcaster ZDF suggested only a minority of Germans supported suspending the debt brake. Some 57% wanted the budget shortfall from the court ruling to be covered by spending cuts, 11% favoured tax increases and 23% wanted the state to take on additional debt.

Persons: Olaf Scholz, Robert Habeck, Christian Lindner, Scholz, Lindner, Habeck, Steffen Hebestreit, Holger Hansen, Christian Kraemer, Miranda Murray, Rene Wagner, Matthias Williams, Toby Chopra, Gareth Jones, Deepa Babington Organizations: Climate, Finance, BERLIN, Greens, Social Democrats, Free Democrats, FDP, ZDF, Thomson Locations: Germany, Europe's, East Germany, China

Lindner plans to lift self-imposed limits on borrowing and present a supplementary budget next week after a constitutional court ruling wiped billions from the federal budget and forced the government to freeze most new spending commitments. HANDS TIED IN A BOXING MATCHThe crisis has sparked calls for reforming the debt brake. "With the debt brake as it is, we have voluntarily tied our hands behind our backs and are going into a boxing match. A poll by the broadcaster ZDF suggested only a minority of Germans, 35%, supported suspending the debt brake however, compared to 61% wanting it to stay in place. Some 57% wanted the budget shortfall from the court ruling to be covered by spending cuts, 11% favoured tax increases and 23% wanted the state to take on additional debt.

Persons: Christian Lindner, Lindner, hawkish Lindner, Chancellor Olaf Scholz's, Robert Habeck, Habeck, Thomas Gitzel, Holger Hansen, Christian Kraemer, Miranda Murray, Rene Wagner, Matthias Williams, Toby Chopra Organizations: BERLIN, German Finance, Greens, ZDF, Bank, Thomson Locations: Germany, China, Europe

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