When the major news networks and the Associated Press declared Joe Biden the winner of the 2020 presidential elections on November 7, there was a big sigh of relief all over Europe, especially in Germany. But when U.S. President Donald Trump claimed victory in the days following the election and declared that he would ask the U.S. Supreme Court to stop the counting of postal … [Read more...] about Europe’s Post-Trump Sigh of Relief
Politics
Merkel’s EU Legacy Summit
In the 2012 summer issue of the International Economy, under the headline, “The Disrobing of Angela Merkel – In the great struggle over the eurozone´s future, Club Med won” (http://www.international-economy.com/TIE_Su12_Engelen.pdf, this Merkel watcher noted: “Although generally known for her careful worded comments and her penchant for hedging her bets, German Chancellor … [Read more...] about Merkel’s EU Legacy Summit
Europe´s Covid-19 Battle
Faced with the monstrosity of the global Corona crisis, the editors of the International Economy (TIE) thought it advisable to have the impact, implications, reactions, failures and prospects relating to Europe covered by its decade-long German contributor in a “Letter from Berlin” on “Europe´s Covid-19 Battle” - As it turned out the letter had a surprisingly … [Read more...] about Europe´s Covid-19 Battle
Germany on the Firing Line
Ever since U.S. President Donald Trump started a global trade war, attacking high German current account surpluses and threatening penalty tariffs on German cars, Germany’s economic model as the basis for the extraordinarily strong position of German quality brands on world markets moves further into the firing line. Faced with the threat of a 35 percent tariff on imported cars … [Read more...] about Germany on the Firing Line
Merkel’s Succession wide open
German politics is in turmoil, since on February 10, Angela Merkel´s designated successor Annegret Kramp-Karrenbauer (57), stepped down as leader of the governing Christian Democratic Union (CDU) party and also announced that she would not be available for the position as Chancellor. She will stay on as Germany’s defense minister and help organize the selection process … [Read more...] about Merkel’s Succession wide open