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Chancellor Merz may find it difficult to maintain the generous social welfare regime that Germans have benefitted from for decades.
Milei eliminated rent controls in Buenos Aires, and the apartment market was flooded with new properties and the average real price went down. He turned a budget deficit into a surplus in his first ...
Katharina Reiche will try to balance German energy policy between boosting industry and sticking with net-zero climate targets.
The short explanation for Germany‘s current economic malaise is that it outsourced its security requirements to the US, its exports to China and its energy security to Russia, and now finds ...
Post-WWII Germany has long been wary of state power and unfettered spending − and that may stymie new chancellor’s plans.
The plan had a transformational effect on the German economy, facilitating rapid economic growth and recovery and leading to the phenomenon known as the “Wirtschaftswunder” or “Miracle on ...
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Serious Eats on MSNThe Unspoken Rule of Dining Etiquette: Are You Breaking It?In these cultures, “a hospitable [host] is someone who gives you more food than you can handle.” But at the same time, eating the last piece risks offending the host, Wei explains—insinuating that you ...
The collapse of the Berlin government is superficially about Germany’s shaky economy. But it’s the whole world that is shaky.
The other postwar miracle, far to Japan’s west, is the subject of a new book, Kaput: The End of the German Miracle. Its author, financial journalist and New Statesman columnist Wolfgang Münchau, ...
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