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Trump also described inflation as “a country buster” that destroyed Germany, presumably referring to the hyperinflation of 1923, which was the year of Adolf Hitler’s failed beer-hall putsch. Even for Trump, who loves to work up a crowd, that’s too far. President Biden does have an inflation problem, but it’s not a Weimar Germany kind of problem. I won’t get into why Americans are so upset about inflation that they might choose Trump over Biden in November. I want to look at a different question, which is whether inflation would be lower if Trump won.
Persons: Donald Trump, , Trump, Adolf Hitler’s, Biden, it’s, States ’, Binyamin Appelbaum, Paul Krugman Organizations: Bureau of Labor Statistics, Biden, Trump Locations: Waukesha, Wis, Germany, Weimar Germany, States
CNN —Polish Prime Minister Donald Tusk has warned that Europe is in a “pre-war era” but still has a “long way to go” before its ready to confront the threat posed by Russia. We haven’t seen a situation like this since 1945,” Tusk said in an interview with German newspaper Die Welt published Friday. Russian President Vladimir Putin has repeatedly denied that Russia intends to attack NATO countries. German Chancellor Olaf Scholz, Polish Prime Minister Donald Tusk and French President Emmanuel Macron in Berlin, Germany, March 15, 2024. Obviously, he feels the need to justify the increasingly violent attacks on civilian sites in Ukraine,” Tusk said.
Persons: Donald Tusk, ” Tusk, , Vladimir Putin, Olaf Scholz, Emmanuel Macron, Odd Andersen, Tusk, , , Joe Biden, Donald Trump, doesn’t, Putin, “ Putin Organizations: CNN, Polish, Welt, NATO, European Union, Getty, Law, Justice Party, Poland, Crocus City Hall, Dubrovka, Chechen Locations: Europe, Russia, , , Ukraine, Russian, Sweden, Finland, Baltics, Estonia, Lithuania, Moldova, France, Germany, Poland, Polish, Berlin, Moscow, Crocus, Beslan
When Rebecca Frecknall was a child, one of her favorite things to watch was a televised 1993 London revival of “Cabaret,” which her father had recorded on VHS tape. As the British theater director grew up, she hoped that one day she would stage a version of the musical, in which a writer falls in love with an exuberant and wayward cabaret performer in Weimar-era Germany. In early March, in a Midtown rehearsal room, Frecknall, 37, was preparing to do just that. Her “Cabaret,” which opens in previews at the August Wilson Theater on April 1, is a transfer from London’s West End, where it opened in 2021 to critical acclaim. “I always wanted to direct ‘Cabaret’,” Frecknall said later in an interview.
Persons: Rebecca Frecknall, Olivier, , ” Frecknall, I’d, , Eddie Redmayne —, Broadway — Organizations: Wilson, Broadway Locations: London, British, Weimar, Germany, London’s
A photo of a television screen shows French President Emmanuel Macron during a televised address to the nation, made from the Elysee Palace, after signing into law a pensions reform, in Paris, on April 17, 2023. French President Emmanuel Macron has doubled down on the possibility of sending troops into Ukraine, a day before a key summit with Germany, which is staunchly opposed to the idea. The latest statements by Macron once again risk pitting him against NATO allies, who distanced themselves from the possibility of their own national military deployment in Ukraine in February. Foreign volunteers have assisted both Russia and Ukraine in the war so far, but not as part of any formal military deployment. Macron on Friday is meeting with German Chancellor Olaf Scholz in Berlin for talks that many hope could silence simmering tensions over Ukraine.
Persons: Emmanuel Macron, Macron, Dmitry Peskov, Jens Stoltenberg, Olaf Scholz, Donald Tusk, Scholz, Tusk, Andrezj Duda, Joe Biden Organizations: TF1, NATO, French, CNBC, Google, Foreign, Leopard, Taurus Locations: Elysee, Paris, Ukraine, Germany, France, Russia, Europe, Berlin, Polish, Weimar, Kyiv
Caspar David Friedrich's work "Man and Woman Contemplating the Moon." Staatliche Museen zu BerlinThe Berlin exhibition, “Caspar David Friedrich: Infinite Landscapes,” will examine the Nationalgalerie’s role in rediscovering the artist at the beginning of the 20th century. Thanks to the royal purchases, Berlin has one of the most significant collections of Friedrich works in the world. SHK/Hamburger Kunsthalle/bpkThe German museums were in discussion about loans from Russia before February 2020, Verwiebe says. In 1974, long queues formed for a Friedrich exhibition at the Hamburger Kunsthalle marking his 200th birthday.
Persons: , Caspar David Friedrich, Alte, Dresden’s, Caspar David Friedrich's, “ Caspar David Friedrich, Birgit Verwiebe, Friedrich, Clemens Brentano, Heinrich von Kleist, Frederick William IV, , Frederick William III, Charlotte, Tsar Nicholas I, Friedrich's, Verwiebe, — Hitler, London’s Tate, Christina Grummt, Friedrich sketchbook, Gerhard Richter, Julian Charrière, Olafur Eliasson, Ulrike Rosenbach, Kehinde Wiley, , ” Grummt Organizations: The Art, CNN, Hamburg’s Kunsthalle, zu, Berlin Academy, SHK, Hamburger Kunsthalle, Staatliche, Villa Grisebach, Kunst, Metropolitan Museum of Art Locations: Germany, Weimar, Greifswald, Friedrich’s, zu Berlin, Berlin, Dresden, Oakwood, , Russia, Hermitage, St Petersburg, Hamburger, Ukraine, German, Villa, Greenland, Hamburg, Winterthur, New York
Much of 20th-century classical music owes a deep thanks to jazz. And while on paper, the Philadelphia Orchestra’s concert at Carnegie Hall on Tuesday night was organized for a festival at the hall, Fall of the Weimar Republic: Dancing on the Precipice, the subtext was American jazz. All three of the composers on the program (Stravinsky, Weill and Gershwin) loved and, to one extent or another, made references to the style in their music. Weill, who left Europe for the United States after the fall of the Weimar Republic, was also steeped in jazz. The orchestra staked out rhythmic details with crystalline precision and saw each phrase through with patience and a rich sound.
Persons: Stravinsky, Weill, Gershwin, wouldn’t, , , Patrick Williams, Yannick Nézet, Nitzan, Edward Hopper Organizations: Philadelphia, Carnegie Hall Locations: Weimar Republic, Europe, U.S, United States
NEW YORK (AP) — Franz Welser-Möst is back on the Cleveland Orchestra's podium, concentrating again on music instead of his health. Political Cartoons View All 253 ImagesWelser-Möst had surgery Sept. 1 to remove a cancerous tumor from his bladder and came back to Cleveland to conduct the orchestra's season opener on Sept. 28. Both are very well now, so there’s every reason to be optimistic.”Welser-Möst has been Cleveland's music director since 2002-03 and has appointed 69 musicians, including 52 of the current 105 members. And in those days, of course, I was like: How on earth is he doing that?”Welser-Möst first conducted the Cleveland Orchestra in 1993 and became music director for the 2002-03 season. On the afternoon of his return concert on Jan. 11, he announced he will retire as music director at the end of 2026-27, his 25th season.
Persons: — Franz Welser, , George Szell, , Verdi's, Möst, André Gremillet, Franz Leopold Maria Möst, Baron Andreas von Bennigsen, Herbert von Karajan, Karajan, Albert Moser, Vienna’s, “ I’d, wasn't, “ I’m, Clive Gillinson, he's, Beethoven's, Strauss, “ I’ve, Riccardo Muti, Gustavo Dudamel Organizations: Cleveland, Cleveland's Severance Music Center, Carnegie Hall, Vienna Philharmonic, Vienna State Opera, Salzburg Festival, Cleveland Orchestra’s, Berlin Philharmonic’s, Karajan, Cleveland Orchestra, Carnegie, ” Carnegie Hall, Chicago Symphony Orchestra, Los Angeles Philharmonic, New York Philharmonic, Locations: Austrian, Austria, New York, Naples, West Palm Beach , Florida, Cleveland, Vienna, Linz, Welser, Liechtenstein, Salzburg, Berlin, York, Weimar Republic, Weimar, Zurich, U.S
How strange and, in the end, how ironic that a German singing group, founded in the chaotic last years of the Weimar Republic and forcibly disbanded less than 10 years later, should call itself the Comedian Harmonists. Yet on the evidence of the Barry Manilow musical “Harmony” — for which, yes, he wrote the songs (along with his longtime lyricist, Bruce Sussman) — the internationally famous all-male group had the “harmonist” part of their name just right. Neither the guys nor the grim and eventually bludgeoning show have a gift for levity. Though its title makes it sound as if “Harmony” would be calm and golden, its story isn’t an uplifting one. Soon the brotherhood, symbolized in sound by their questing choral closeness, goes sour — a story that, to be effective, needs vivid contrast so we know what’s been lost.
Persons: Harmonists, Barry Manilow, Bruce Sussman, , Manilow, what’s Organizations: Socialism Locations: Weimar Republic
Strained France-Germany ties slow EU decision making
  + stars: | 2023-10-09 | by ( Michel Rose | ) www.reuters.com   time to read: +6 min
From joint defence programmes to nuclear energy or relations with China, Paris and Berlin are at odds over a growing number of issues. In an August speech Macron made his frustration public, calling Germany's position on nuclear energy "a historic mistake". Germany decided to phase out nuclear energy after Japan's Fukushima disaster in 2011, closing its last reactors in April. It is unclear if France and Germany can hash out a deal in Hamburg ahead of a crucial EU energy meeting on Oct. 17, but analysts are doubtful. Although the concept was criticised for having failed with Russia, German officials believe trade ties with a country like China could prevent conflict.
Persons: Emmanuel Macron, Olaf Scholz, Sarah Meyssonnier, Macron, Detlef Seif, Marc, Antoine Eyl, Wolfgang Munchau, hasn't, Wandel, Handel, Noah Barkin, Sarah Marsh, Kate Abnett, Michel Rose, Rachel Armstrong, Elaine Hardcastle Organizations: Weimar, REUTERS, German Christian Democratic Union, BASF, Reuters, EDF, Franco, GMF, Thomson Locations: Paris, France, Hamburg, Berlin, China, German, Germany, Ukraine, Europe, EU, Franco, Italian, Russia, Brussels, Beijing
In another dispute, Warsaw resisted a German offer to station Patriot missile air defence units in Poland before eventually agreeing to it. Among the sticking points, one German source said Poland was asking for too much money for the repair works. Another source, a German diplomat, said the talks failed partly because German companies were reluctant to share technical information. SOURING RELATIONSWhile ties between Poland and Germany have been frosty since PiS first came to power in 2015, Poles now see them worsening. Just 47% think relations are good, according to a German Polish barometer poll this year, down from 72% in 2020.
Persons: Olaf Scholz, Andrzej Duda, Thibault Camus, Donald Tusk, PiS, Mateusz Morawiecki, Tusk, Angela Merkel, General Ben Hodges, Krauss, Maffei, Sebastian Chwalek, Thomas Kleine, Berlin, mushroomed, Camp David, ” Hodges, Joe, Biden, Andrzej, Duda, Chancellor Scholz, Justyna Pawlak, Marek Strzelecki, Anna Koper, Anna Wlodarczak, Alan Charlish, Sarah Marsh, Sabine Siebold, Andreas Rinke, Matthias Williams, Mark Heinrich Our Organizations: Russia, goading, NATO, Justice, Nazi Wehrmacht, Patriot, Law, Justice Party, U.S, Army, Reuters, Rheinmetall, Polska, Patriots, Foreign, German Marshall Fund, Thomson Locations: Ukraine, Berlin, Germany, Russia Berlin, goading Warsaw, WARSAW, BERLIN, Polish, Nazi, EU, Slovakia, Poland, Warsaw, U.S, Europe, German, PiS, Japan, South Korea
Germany risks letting a good crisis go to waste
  + stars: | 2023-10-03 | by ( Pierre Briancon | ) www.reuters.com   time to read: +8 min
Germany, the European Union’s largest economy and its traditional growth engine, is headed towards a contraction this year. Exports account for more than half of Germany’s GDP, compared to just a third in France and 37% in Italy, according to the World Bank. Germany’s growth potential is estimated at an annual 0.7% over the medium term by the Scope rating agency, about half the euro zone average. Exempting net public investment from the debt brake rule would help to reverse years of underspending. Unless they do, Europe’s leading economy risks letting a good crisis go to waste.
Persons: , Hubertus Bardt, Germany’s, Carsten Brzeski, Oliver Rakau, Chancellor Olaf Scholz, Christian Lindner’s, Sebastian Dullien, Scholz, Destatis, Francesco Guerrera, Streisand Neto Organizations: Reuters, World Bank, EU, International Monetary Fund, Reuters Graphics Reuters, German Economic Institute, ING, Oxford Economics, BASF, Finance, Christian Democrats, Thomson Locations: Germany, Berlin, France, Italy, China –, Spain, Weimar Republic, China, Ukraine
What the soprano Julia Bullock loves about Kurt Weill’s music, she said during her recital at the Park Avenue Armory on Monday, is how it spins the personal into the universal. Even in her selection of this composer’s work: Weill, an exile artist whose sound exemplified Weimar Berlin before helping to shape Broadway’s golden age, was split between two countries. On the one hand, the evening was quintessentially her, in vocal character and preoccupations with historical and musical connections. The Board of Officers Room at the Armory, one of the most intimate and ideal spaces for vocal recitals, is also particularly well-suited to Bullock’s specific sound. At its fullest, her instrument can engulf an auditorium, but she keeps those moments in reserve; her performances are not defined by their size.
Persons: Julia Bullock, Kurt Weill’s, Weill, Bullock, John Arida Organizations: Armory Locations: Weimar Berlin, Germany
No matter what the Fed seems to do, it's become a game of whack-a-mole — whether it be wages, home prices, creeping commodities, or Fed subsidies that are about to roar in. The idea that the Fed is driving the price of a house to further unaffordability has taken hold. The yield curve can't be wrong, so it remains a matter of time before Fed Chair Jerome Powell crashes the plane — and let's not forget that lurking, lurking election. And the multiple on those profits is going up not because of hideous expansion, but because of a triumph over the pandemic. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.
Persons: it's, Jerome Powell, let's, Jim Cramer's, Jim Cramer, Jim, Al Drago Organizations: Federal Reserve, Procter, Gamble, Treasury, Jim Cramer's Charitable, CNBC, US Federal Reserve, Market, Bloomberg, Getty Locations: Weimar Republic, Washington , DC
To this point in his presidency, it has been fairly easy to attribute his low ratings to economic conditions. But if inflation has been what’s holding Mr. Biden back, it’s hard to say it should hold him back for too much longer. The University of Michigan consumer sentiment index surged 13 percent in July, reaching the highest level since September 2021 — the first full month Mr. Biden’s approval ratings were beneath 50 percent. There’s another factor that ought to help Mr. Biden’s approval rating: the onset of a new phase of the Republican primary campaign, including debates. Some of the Democratic-leaning voters who currently disapprove of Mr. Biden might begin to look at the Biden presidency in a different light.
Persons: it’s, Mr, Biden, Organizations: University of Michigan, Republican, Democratic, Biden Locations: Britain, U.S, Weimar Germany
Ford’s River Rouge plant, then the world’s largest factory, ultimately inspired facilities by Renault, Volkswagen, Toyota and the Russian automaker Gaz. China learned to master the solar, battery and electric vehicle industries through the 2010s, while the United States was debating whether to pass clean-energy policy — and even whether climate change existed at all. With the Inflation Reduction Act, the United States now has an opportunity to become more competitive, and nothing gets lawmakers from across the political spectrum pumped up faster than the prospect of crushing China. But the United States cannot build a competitive renewable or electric vehicle industry from scratch. The history of innovation — and of the modern world, frankly — shows that American engineers will progress in these industries only when they can work with their Chinese counterparts.
Persons: Henry Ford, weren’t Organizations: Renault, Volkswagen, Toyota Locations: France, Japan, Germany, Soviet, Detroit, Rouge, Russian, Weimar, America, China, United States
You don't get the best first-half Nasdaq rally in 40 years simply because the Federal Reserve did this, or the yield curve in the bond market did that. It was almost as if it was prosaic to seek profits, like, "How dare you defy the teachings of the yield curve, you foolish soon-to-be- broke apostate." It was the second move, the second week of March, that told the second tale of the first half: the fall of Silicon Valley Bank. Here we had an out-of-nowhere collapse of a well-known seemingly well-run bank that ran afoul, again, of the yield curve. No company could rival Club stocks Apple (AAPL), Alphabet (GOOGL), Amazon (AMZN), Microsoft and Meta Platforms (META) — nice metamorphous there and Tesla , not a Club name.
Persons: William Jennings Bryan, Gandhi, Bud, Altman, Sam Altman, Jensen Huang, Jensen, mutt, Cezanne, Monet, Shakespeare's Henry IV, Carl Quintanilla, David Faber, da, Lisa's, Wendy's, Scylla, Charybdis, ChatGPT, haut, Morgan Stanley's Mike Wilson, aren't, They've, isn't, Goldman Sachs, Tesla, Didn't, Freddie, Lehman, Jerome Powell, We've, it's, Eli Lilly, Jim Cramer's, Jim Cramer, Jim, Mad Organizations: Nasdaq, Federal Reserve, Intel, The New York Times, Veterans, Club, Microsoft, Nvidia, Globe Theatre, Silicon Valley Bank, Fed, Apple, Meta, RCA, US Steel, Washington Mutual, AIG, IBM, Jim Cramer's Charitable, CNBC, NYSE Locations: America, Philadelphia, OpenAI, Oz, Queens, mull, Ithaca, Weimar, Silicon, Republic, Valley, Delray , Florida, Alleghany, China
"The crucial capability gap in European defence is still political leadership," the Munich Security Report on European Defence said. The annual Munich Security Conference, usually held in February, is an influential global gathering of top policymakers and analysts to debate defence and security challenges. The report said Germany and France in particular were "missing in action" at a time when European Commission chief Ursula von der Leyen and EU top diplomat Josep Borrell are driving EU support for Kyiv and joint procurement initiatives. "Under the (Chancellor Olaf) Scholz government, Germany has faced recurrent criticism for its absence in EU defence questions," it said. "The onus is on Germany and France to win back trust," the report said, adding that time was of the essence in speeding up defence cooperation.
Persons: Emmanuel Macron, Olaf Scholz, Sarah Meyssonnier, Ursula von der Leyen, Josep Borrell, Chancellor Olaf, Scholz, Sabine Siebold, Mark Heinrich Our Organizations: Weimar, REUTERS, Munich Security, European Defence, Munich Security Conference, European Commission, Kyiv, Thomson Locations: Paris, France, BERLIN, Germany, Europe, Ukraine, Munich, Russia
“Afire” was not the film that Mr. Petzold set out to make. After presenting his 2020 film “Undine” in Paris, Mr. Petzold and Paula Beer, the film’s lead (she also stars in “Afire”) came down with Covid-19. While convalescing in Berlin, he binge-watched films by the French New Wave director Éric Rohmer and read stories by Anton Chekhov. In that first pandemic spring, Mr. Petzold’s thoughts turned to summer and to summer films, a genre that, according to him, has not properly existed in Germany since “People on Sunday” (1930). “And then I thought about the aftermath, National Socialism, which destroyed everything: the German summers, the German youth, the German bodies, the poetry.
Persons: , Petzold, Georges Simenon’s, Paula Beer, , Mr, Éric Rohmer, Anton Chekhov, Rohmer’s, Pauline Organizations: French New, Locations: Paris, Berlin, Germany, Wannsee, Weimar
The ‘Doughnut Dollies’ of World War II
  + stars: | 2023-05-25 | by ( Nell Freudenberger | ) www.nytimes.com   time to read: +3 min
Urrea has a weakness for melodramatic imagery: a volume of Shakespeare with a bullet lodged in its pages, a G.I. But we need to be absolutely enmeshed in a character’s consciousness to witness something on the order of Buchenwald through her eyes. During the Battle of the Bulge, in January 1945, Irene and Dorothy take a bottle of Champagne to gunners operating a howitzer cannon. Like many veterans of war, Irene and Dorothy keep their memories to themselves after they return to civilian life. Even as Urrea tells the Clubmobilers’ story, he recognizes that some parts of their experience remain impossible to share with those who weren’t there.
A flawed but useful economic model for a bleak age
  + stars: | 2023-04-14 | by ( Edward Chancellor | ) www.reuters.com   time to read: +7 min
Modern Monetary Theory, which endorses unlimited government spending, was all the rage during the years of ultra-low interest rates. John Cochrane’s fiscal theory fits the bill. Cochrane, a senior fellow of the Hoover Institution at Stanford University, recently published “The Fiscal Theory of the Price Level”. Not only are high interest rates incapable of arresting inflation, fiscal theory suggests they actually make the problem worse. Nor do bondholders operate with rational expectations, as fiscal theory suggests.
ARNSTADT, Germany, Jan 26 (Reuters) - Chinese battery giant CATL (300750.SZ) is putting down roots near the small central German town of Arnstadt, ploughing ahead with the ramp-up of battery cell production despite uncertainty over Germany's future relations with China. The Arnstadt plant delivered its first sample cells to customers in December and aims to have six production lines running this year. For now, the materials used are mostly imported from China, partly because CATL has long-term relationships with suppliers there. But some Chinese suppliers have set up shop in Europe near the Arnstadt plant, CATL's Europe president Matthias Zentgraf said in an interview. CATL will be the largest battery maker in Europe once its planned 100-GWh plant in Hungary reaches full capacity.
BERLIN, Dec 7 (Reuters) - Heinrich XIII Prince Reuss is one of the last descendents of a dynasty that once ruled over swathes of eastern Germany. He is suspected of hoping to become the country's new leader in a violent coup to overthrow the democratic order. Neither the House of Reuss nor Prince Reuss' Office responded to requests for comment. "If things didn’t work well, you just went to the prince," Heinrich said. Police also searched his hunting lodge in Thueringen where he was suspected of stockpiling weapons, according to the Ostthueringer newspaper.
There are fears that some nations could be struck by hyperinflation, or uncontrolled price rises. The consequences could be disastrous for emerging economies — and have ramifications for the US. While hyperinflation is not about to strike the US, it could affect the American economy nonetheless. Another consequence of that policy was to send money out of emerging economies and back to the US. While Gallagher said hyperinflation wasn't happening yet, the frameworks in place to protect emerging economies from hyperinflation and a debt default were breaking down, leaving countries to fend for themselves.
The S & P 500 never really got out of control back then — and, relative to bonds, it didn't either. The Fed chairman, correctly, feared the economy was going to crash, and he would have been right. I think that's certainly how people act. I think that most participants have decided there's no hope and they are using an analogue that's 2000-2001 (dot-com bubble bursting) or even 2007 (before the financial crisis and the Great Recession). Autos have been hurt by supply chain but I think that's coming to an end.
Sursa foto: ProfimediaDoar de 10 secunde a fost nevoie ca două persoane din Australia să se infecteze cu tulpina DeltaA durat doar câteva secunde ca două persoane să se infecteze cu noua variantă Delta de Covid-19, când acestea au trecut una pe lângă cealaltă la cumpărături, într-un centrul comercial din Sydney. Astfel de focare au fost descoperite și în statul australian Victoria, unde a fost depistată varianta Kappa, care, potrivit experților australieni din sănătate, este foarte infecțioasă. Mutația Delta a coronavirusului este considerată îngrijorătoare de către OMS și a fost prima dată depistată în India, în octombrie. Premierul Gladys Berejiklian a adăugat că întâlnirea a fost “înfricoșător de scurtă”. Varianta Kappa este foarte infecțioasă și a declanșat ultima carantină din statul australian Victoria.
Persons: Premierul Gladys Berejiklian, Bondi Junction, Epidemiologul Mary, Louise, Virusologul Lara, australian Victoria Organizations: Autoritatea, Sănătate, OMS, Universitatea New, Universitatea Griffith, Alpha Locations: Australia, Sydney, australian Victoria, australian New South Wales, India, Bondi, Universitatea New South Wales, Virusologul, australian, Weimar, New South Wales
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