U.S. and UK Trade Policy Proposals Have Germany Scrambling
Ahead of the G-20 meeting in Baden-Baden in mid-March, threats from the U.S. and Britain to discard the international tax framework promise to dominate discussion. Germany is already planning...
View ArticleGermany Seeks to Explain Trade Surplus to Trump
U.S. President Donald Trump has said it is "very unfair" that Germany sells more products in the United States than vice versa. Now German Finance Minister Wolfgang Schäuble is traveling to the U.S....
View ArticleTrump in Brussels: 'The Germans Are Bad, Very Bad'
At a meeting with European Union leaders on Thursday, U.S. President Donald Trump was sharply critical of Germany. DER SPIEGEL spoke with meeting participants.
View ArticleAirbus Corruption Scandal Threatens CEO Tom Enders
A potentially vast corruption scandal threatens to overrun Airbus, with a Paris-based sales group suspected of having paid bribes around the world. German CEO Tom Enders is leading the clean-up effort,...
View ArticleDonald Trump: Tax Plan Worries Europe
Trump is hoping that his tax reform will make the United States a more attractive place to do business. Germany and the rest of Europe, though, could emerge as the losers.
View ArticleInquality and Wealth Distribution in Germany
European Central Bank statistics show that wealth distribution in Germany is extremely unequal. But a new analysis by the German Institute for Economic Research shows that the situation is even worse...
View ArticleA Monkey on Their Back: German Carmakers Have Lost All Moral Standing
The scandal over exhaust experiments on monkeys shows just how unscrupulous Volkswagen, BMW and Daimler are when it comes to manipulating the public. Anything goes when it comes to diverting attention...
View ArticleC&A Family Member Discusses Possible Sale of Company
They are one of Europe's richest families, and also extremely tight-lipped. With news of the company's potential sale, a member of the Brenninkmeijer family, which owns fashion retailer C&A, has...
View ArticleInterview with Larry Summers on Trump's Economic Policies
In an interview, former U.S. Treasury Secretary Larry Summers discusses the escalation of trade tensions between his country, China and Europe and the harm President Trump's economic policies is likely...
View ArticleWorld Trade Organization in Trouble amid Trump Trade War
U.S. President Donald Trump has set his sights squarely on the World Trade Organization in Geneva. Even its critics are worried that without the organization, the world of trade would revert to the law...
View ArticleGerman Economy and Policymakers Prepare for No-Deal Brexit
A no-deal Brexit threatens to have a major impact on the European economy. Companies have long since begun making concrete preparations for an eventuality that is looking increasingly likely.
View ArticleGermany May Abandon Its Beloved Black Zero
Chancellor Angela Merkel is still clinging to her policy of a balanced budget, but it is becoming increasingly clear that Germany's economic downturn could soon usher in a return to deficit spending....
View ArticleComplacent No More: It's Time for Germany to Step Up
The days in which Germany can afford to be complacent are over. Europe's largest economy needs to finally accept that it's too big and important to simply sit on the sidelines. It needs to invest,...
View ArticleVW Turns to Electric to Regain Momentum in the U.S.
The diesel scandal cost Volkswagen dearly in the U.S. But as part of its punishment, the company was required to developed a network of charging stations for electric vehicles. VW is now doubling down...
View ArticleCorona: Germany Plans 40 Billion Euro in Aid for Freelancers and Small Companies
Freelancers and small companies are getting hit especially hard by the corona crisis. DER SPIEGEL has learned that the federal government is planning a massive financial aid package. It would mark the...
View ArticleCorona: German Cabinet Agrees to 750 Billion Euros in Emergency Aid Measures
The German cabinet on Monday agreed to an unprecedented aid package to prop up the country's economy as the coronavirus pandemic takes hold. Parliament is set to approve the package later this week.
View ArticleWorse than Lehman: Coronavirus Tightens Its Grip on the Economy
It is an unprecedented crisis: The coronavirus pandemic is crippling entire economies, while governments and central banks are deploying all means available to prevent a systemic collapse. How long can...
View ArticleWhat Next?: Attention Slowly Turns to the Mother of All Coronavirus Questions
The fight against the coronavirus has paralyzed society and the economy. Lockdown measures are fine for the short term, but they threaten to rapidly destroy the economy and erode our existing social...
View ArticleThe Price of Life: Novel Coronavirus Is Forcing a Taboo Debate
Some in Germany have the impression that the country can survive a long-term lockdown without suffering any grave consequences. That thinking is dangerous.
View ArticlePoliticians Call for Fewer Climate Protections During Coronavirus Crisis
German politicians have begun calling for industry to be shielded from too much environmental protection during the coronavirus crisis. But corporations aren't joining the appeal. They managed to turn...
View ArticleGermany: Carmakers Prepare To Restart Production
German carmakers are going to have to open up their factories and car dealerships again soon – otherwise they could face a widespread collapse. And that would be disastrous for the German economy.
View ArticleThe Coronavirus Could Cripple Public Finances
The coronavirus has plunged the global economy into a new phase of uncertainty. Governments and central banks are once again trying to shield companies and banks from collapse with massive bailouts....
View ArticleGeneration Coronavirus: Economic Scars for Decades to Come
Companies in Germany were practically begging 20- to 30-year-olds to come work for them. Then came the coronavirus, destroying health, lives and jobs. It will take decades for this generation to catch...
View ArticleNouriel Roubini: "The Stock Market Is Deluding Itself"
Prominent American economist Nouriel Roubini does not believe the global economy will recover quickly. He believes that the dire situation will produce a summer of protest in the U.S. and years of...
View ArticleMassive Income Loss: Left Behind By the Coronavirus
Germans could lose as much as 390 billion euros due to the coronavirus pandemic. Some groups have been hit harder than others, and even a big chunk of the middle class is at risk of slipping into poverty.
View ArticleCorona Policies: “The Virus Must Be Contained Before the Economy Can Recover”
In an interview, Clemens Fuest, one of Germany’s top economists, discusses the impact of the coronavirus on governments and business. He says bankruptcies are inevitable and that the effects of the...
View ArticleCorona Crisis: Can German City Centers Be Saved?
First came online retail and the financial crisis, now COVID-19: City-center shopping districts in Germany are suffering. But strategies are being developed to save them. Will they work?
View ArticleThe 1,200-Euro Experiment: Longitudinal Study on Unconditional Basic Income...
How would life change if you were given 1,200 euros a month with no strings attached? A study launched last week in Germany to find out. Research team leader Jürgen Schupp hopes for answers to...
View ArticleThe Tesla Factory Near Berlin: Elon Musk Shows the Germans How to Move Quickly
Tesla is racing ahead with construction of its new factory just outside of Berlin. All that's left for German carmakers is to watch and learn.
View ArticleTesla Joins the Race for the Next-Gen Battery
China, Japan and South Korea have long been in the lead when it comes to car battery technology. With new technologies and better production methods, Tesla now wants to change that. Germany is falling...
View ArticleEconomist Nouriel Roubini: "Twitter and the Other Platforms Are Bad, Facebook...
Star economist Nouriel Roubini believes that President-elect Joseph Biden's first term will be overshadowed by civil unrest at home and cyberattacks from abroad. He believes social media platforms must...
View ArticleRobert Habeck: "Russia Knows that Crossing Red Lines Would Immediately...
In an interview, German Economy Minister Robert Habeck discusses his country's energy policy, what might happen with the Nord Stream 2 pipeline and Germany's possible response to Russian aggression on...
View ArticleGermany Rethinks Position on Beijing: Government in Berlin Classifies China...
Driven by its junior coalition partners, the Green Party and the FDP, the German government is adopting a tougher stance on Beijing. It wants to reduce economic dependence and strengthen relations with...
View ArticleEconomist Jim O'Neill on Russia: "The West Will Decide on Putin's Bankruptcy"
Jim O'Neill once coined the term BRIC to refer to the rapidly growing economies of Brazil, Russia, India and China. In an interview, he discusses why the Russia of Vladimir Putin has failed to live up...
View ArticleBeijing's Human Rights Violations: It's Time for German Executives to...
Germany's dependency on China is becoming increasingly problematic. The Xinjiang Police Files, which document more clearly than ever the human rights violations taking place in far-western China, show...
View ArticleThe Oppression of Uyghurs in China: VW Under Fire for Ongoing Operations in...
Volkswagen continues to operate a factory in the heart of Xinjiang, despite massive criticism from human rights activists. The factory is largely meaningless from a business perspective. Is the company...
View ArticleFrom Inflation to Recession: Is Germany's Prosperity at Risk?
Germany is facing a deep crisis, with inflation is reaching record levels and recession on the horizon. Even the middle class has begun to feel the pain.
View ArticleGermany and the End of Globalization: Prosperity Under Pressure
The number of democratic countries around the world is shrinking steadily, and autocratic countries are registering more patents than the West. A new era is dawning – and it could have dramatic...
View ArticleEnergy Crisis Fallout: How Bad Will the German Recession Be?
The first German companies have begun throwing in the towel and consumption is collapsing in response to the fallout from exploding energy prices. The economy is sliding almost uncontrolled into a...
View ArticleGrowing Energy Crisis: A Grave Threat to Industry in Germany
The German economy has long been rooted in the country's industrial prowess. But with energy prices skyrocketing, many companies face a murky future. Some have begun considering relocation,...
View ArticleInflation, Bankruptcies and Fears of Decline: Is This The Return of the Sick...
Inflation, a likely recession and exploding energy prices: Germany is expecting tough years ahead with diminishing prosperity, a shrinking middle class and growing inequality. This is uncharted...
View ArticleGita Gopinath: "The Fight against Inflation May Take Somewhat Longer"
Whether it is Europe's inflation struggle, China's real estate crisis or global protectionism, Gita Gopinath is skeptical about the immediate future. In an interview, though, the deputy head of the IMF...
View ArticleGermany's Migration About-Face: Berlin Seeking to Recruit Skilled Labor from...
For years, many Germans were frightened by the idea of economic immigrants from Africa. Now, though, Berlin has begun to proactively recruit them. It is a drastic change from a history of skepticism.
View ArticleSVB's European Shockwaves: Silicon Valley Brings Disruption to Global Finance
Rising interest rates have plunged the financial markets into turbulence. Regional banks in the U.S. are facing bank runs while in Europe, Credit Suisse is on the brink. Is a new global financial...
View Article"Mafia Methods": Viktor Orbán Ups the Pressure on German Companies to Leave...
German companies have long been active in Hungary. But now, Viktor Orbán is trying to force some of them to leave. And when they do, his closest allies stand to profit.
View ArticleThe Global Competition for Raw Materials: Europe at Risk of Losing the...
Without lithium, copper and rare earths, our mobile phones, electric cars and wind turbines wouldn't function. Currently we are almost exclusively dependent on China for these critical raw materials....
View ArticleWirtschaftsblunder: Why Germany's Economy Is Flailing – And What Could Help
It seems like only yesterday that Germany was the economic engine of Europe. Now, it's bringing up the rear among Western industrialized nations. The country's prosperity is threatened and the...
View ArticleInterview with Bundesbank President Nagel: "We Are not the Sick Man of Europe"
Joachim Nagel is battling inflation on two fronts – as the head of Germany's central bank and as a hobby cook fighting high food prices at home. In an interview, he discusses Europe's economic...
View ArticleEspionage from the East: "Russia Is a Storm, China Is Climate Change"
Spying from China continues to grow in both volume and sophistication. The cyber-snoops from the People's Republic have moved beyond companies and are now seeking to exert influence on politics in...
View ArticleJan Marsalek an Agent for Russia? The Double Life of the former Wirecard...
Since the collapse of Wirecard, Jan Marsalek has been on the run and is one of the most wanted men in the world. A DER SPIEGEL investigation has revealed how he went underground and that he's a Russian...
View Article
