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☆ Germany is the 'sick man of Europe' — and it's causing a shift to the right, top economist says
▼ + stars: | 2023-09-04 | by ( Hannah Ward-Glenton | ) www.cnbc.com time to read: +3 min

The "sick man of Europe" moniker has resurfaced in recent weeks as manufacturing output continues to stutter in the region's largest economy and the country grapples with high energy prices. It "has to do with the automobile industry, which is the heart of the German industry and many things hinge on that," he said. Germany reported a foreign trade deficit for the first time in decades in May 2022, totaling 1 billion euros ($1.03 billion). Plunge in business sentimentSinn said investor doubts about the feasibility of Germany's sustainability goals also play into the description of the country as the "sick man of Europe." Uncertainty about energy prices has likely contributed to a "plunge" in business sentiment, Holger Schmieding, chief economist at Berenberg, wrote in the note.

Persons: Hans, Werner Sinn, Sinn, CNBC's Steve Sedgwick, Thomas Lohnes, Berenberg, Holger Schmieding Organizations: European Central Bank, Getty, Ambrosetti, Berenberg Locations: Germany, Europe, Italy, Ukraine, Frankfurt, Saudi Arabia

☆ Why are far-right parties on the march across Europe?
▼ + stars: | 2023-07-22 | by ( Christian Edwards | ) edition.cnn.com time to read: +14 min

Far-right parties are propping up coalitions in Finland and Sweden. Afraid of losing voters to UKIP (and other far-right parties), the governing Conservatives ended up adopting many of its positions. Chesnot/Getty Images Europe/Getty ImagesConversely, far-right parties have attempted to sanitize some of their rhetoric, hoping to appear a more credible electoral prospect. Leon Neal/Getty ImagesA different type of populismAnd so the recent successes of far-right parties cannot be explained by dramatic shifts in public opinion. A lot depends on the ability of mainstream parties – particularly on the left – to build tents big enough to accommodate their differences, rather than compromising with far-right parties to prop up their coalitions.

Persons: Donald Trump, –, Emmanuel Macron, Angela Merkel’s, Mario Draghi, Jaroslaw Kaczynski, Viktor Orban, Andrej Babis, Czech Michael Bloomberg, Czech Donald Trump, Meloni, Mussolini, Nigel Farage, Jack Taylor, Farage, Jean, Marie Le Pen, Marine, Lionel Jospin, Jacques Chirac, Petteri Orpo, Sanna Marin, Vilhelm Junnila, Ulif Kristersson, Mark Rutte’s, Pen, Chesnot, Philippe Marlier, ” Le, Matteo Salvini, Vladimir Putin, Tino Chrupalla, Alice Weidel, Thomas Lohnes, Omer Messinger, Larry Bartels, Boris Johnson, Leon Neal, Giorgia Meloni, Odd Andersen, Orban, Kaczynski, Rutte’s, Pedro Sanchez Organizations: CNN, White, Channel, European Central Bank, Italy’s, Vox, UK Independence Party, UKIP, European Union, EU, Conservatives, National, Socialist, Socialists, Finns Party, Swedish, Sweden Democrats, Rassemblement National, University College London, Lega, Ukraine, Russia, Former British, Italy's, NATO, Getty, Spain’s Locations: United Kingdom, United States, Europe, Brussels, Spain, Poland, Hungary, Germany, Czech, France, Finland, Sweden, Austria, European, Netherlands, Russian, Oxfordshire, Vilnius

☆ Germany sending Leopard tanks to Ukraine, ending rift among Western allies
▼ + stars: | 2023-01-25 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Patrick-Smith-Circle-Byline-Template.Jpg | Patrick Smith | ) www.nbcnews.com time to read: +6 min

Ukrainian military leaders have said they need hundreds of the tanks to break through Russian defenses. Germany has more than 300 active Leopard tanks and more in storage. Several countries use Leopard tanks, including Canada, the Netherlands and Sweden. “The question is whether 100 tanks of different varieties will be enough to eject Russian forces from Ukraine. The deployment of Leopard tanks was the most significant, he said, because of its conventional diesel-powered engine, as opposed to the Abrams tanks, which are powered by jet fuel.

☆ As the 3rd-quarter reporting season begins, markets are bracing for signs of a recession that could send stocks into a deeper bear market
▼ + stars: | 2022-10-11 | by ( Jason Ma | ) www.businessinsider.com time to read: +6 min

The Fed's aggressive tightening is setting off more warnings about a recession and fallout for the stock market. Ahead of JPMorgan's quarterly report, CEO Jamie Dimon said the economy is on the verge of a recession, and the stock market could fall another 20%. But most importantly, it's Russia's war against Ukraine that is most unsettling to markets and poses a great risk. Meanwhile, billionaire hedge fund manager Paul Tudor Jones said a "recession playbook" could see stocks fall 10% further. PayPal stock fell after a botched roll-out of an acceptable use policy update that included big fines for the promotion of misinformation.

☆ 20 best German foods
▼ + stars: | 2019-10-09 | by ( Marcel Krueger | ) edition.cnn.com time to read: +30 min

Check out our list of 20 traditional German dishes that you need to try when you travel there. Germany National Tourism Board Azalea and Rhododendron Park Kromlau: This 200-acre English landscape park was built in the 19th century in Gablenz, Saxony. Germany National Tourism Board Maschsee Lake: This quiet and idyllic lake attracts families throughout the year in Hannover, the capital of Lower Saxony. Germany National Tourism Board Berchtesgaden National Park: Alpine lakes and ice-topped mountains are just a few of the natural wonders that make Berchtesgaden such a breathtaking national park. It comes wrapped in bacon or heaped upon schnitzel; as asparagus soup, fried asparagus, pancakes with herbs and asparagus, asparagus with scrambled eggs or asparagus with young potatoes.

Persons: Königsberger klopse, capers, Maultaschen, Katharina Hild, labskaus, Bodo Schieren, Fried, rostbratwurst, currywurst, Herta Heuwer, Kadir Nurman, schnitzel, Helmut Meyer Zur Capellen, hasn’t, Jägerschnitzel, Käsespätzle Spätzle, Sauerbraten, Stijn Van, Ralph Lueger, Franz Martin Kühn, Jonathan Segal, Rainer Mirau Atta, Attendorner, Mary, Balthasar Neumann, Andreas Bestle, Wiesel, Duke Leopold III of Anhalt, Caspar Diederik Bastei, Monica Skolimowska, Johannes Simon, Patrick Seeger, Daniel Karmann, Armin Weigel, Thomas Lohnes, Martin Schutt, Schwerin, Sean Gallup, Augustus the Strong, Ole Spata, Prince, Bavaria Charles Albert, François Cuvilliés, Ludwig II of Bavaria, Federweisser, Saumagen, Helmut Kohl, Kohl, saumagen, Margaret Thatcher, Mikhail Gorbachev, Ronald Reagan, Bill Clinton, haggis, pinky, schnapps, spargelzeit, John, Johannes Eisele, Frank Vincentz, Josef Hildenbrand, Reuben, jeffreyw, Inga Kjer, Alexander Hassenstein, Christof Stache, Schwarzwälder, Schwarzwälder kirsch, Josef Keller, there’s, Dario Fontanella, Dario, ” Organizations: CNN, German Democratic, European Union, North, West, Austrian, Lichtenstein, UNESCO, Wiesel Garden, Getty, Germany National Tourism Board, Germany National Tourism, Nymphenburg, Mirrors, British, Baptist, revelers, Bread, Wikimedia, Agner, Prussian Locations: Germany, East Prussian, Königsberg, Kaliningrad, Russia, German Democratic Republic, Soviet Union, Berlin, Brandenburg, Swabia, Baden, Bremen, Kiel, Hamburg, Fraconia, Thuringia, Cologne, Ruhr, Turkish, Berlin’s, East Berlin, Vienna, Bavaria, Munich, Franconia, Rhineland, Saarland, Silesia, Westphalia, Lower Saxony, Altstadt, Sanssouci, Potsdam, Swabian, Kassel, Blaubeuren, Berlin's River Havel, Altensteig Sylt, Sylt, Andreas, Saxony, Anhalt, Dessau, Central Germany, Europe, Germany's, Switzerland, Germany's Lake Constance, Mettlach, Cochem, Trier, Erfurt, Schwerin, Dresden, Gablenz, Lübeck, Hannover, Swabian Jura, Rothenburg, Tauber, Nymphenburg, Bavarian, Füssen, Germany National Tourism Board Berchtesgaden, Berchtesgaden, Palatinate, Oldenburg, Osnabrück, East Frisia, Friesland, Flensburg, Aachen, Frankfurt, Stuttgart, St, AFP, Bonn, Austria, Mannheim

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