“Collective Response?”
Most likely, if it’s directed against US-Amerika everybody jumps on board.
Germany Weighs Measures Against U.S. Over Nord Stream Threat – The 1,200-kilometer (745 mile) pipeline under the Baltic Sea, designed to pump Russian gas directly to Germany, has triggered deep division between EU member states. But the prospect of a direct U.S. intervention in the 27-member bloc’s energy interests should prompt a collective response, said the officials, who asked not to be identified.
“The government is called upon to develop and put forward proposals for a measured, clear reaction on behalf of Germany and the European Union.”
German Of The Day: Dax-Zombie
That means DAX zombie.
For the first time, a DAX company, Wirecard, has gone broke but won’t be kicked out of the index until September.
Wirecard has filed for insolvency, just days after a $2 billion accounting scandal at the company burst into the open, crashing its stock and leading to the arrest of its former chief executive.
The digital payments company said in a statement Thursday it had opened legal proceedings in Munich “due to impending insolvency and over-indebtedness.” Share
Mit Wirecard ist zum ersten Mal ein Dax-Konzern pleite gegangen. Aus dem Leitindex fliegen dürfte der Konzern aber erst im September.
How To Avoid Getting Scolded By A German?
That’s easy. Practice very aggressive social distancing. You know. Like, move to France?
Have you ever walked on the bicycle lane? Put a refundable bottle into a regular bin? Asked a bus driver how much the ride costs? In Germany, these beginners’ mistakes might earn you a good scold. Here’s how to avoid it…
“The point is not whether they are right or not, it’s that anyone here thinks they’re allowed to educate you.”
German Oddity 177. Germany is what you might call a correcting culture. It is not uncommon for perfect strangers to publically reprimand you here if you do not abide by what is considered the societal norm. Newcomers are usually shocked when discovering that others have no qualms about telling you that you’re doing something wrong, as if you were a small child. If they don’t tell you outright there will at least be a display of disapproving headshaking.
Will It Be A Proper Landing For Lufthansa?
Or will it be more of an arrival?
Or is it time to say goodbye? I wouldn’t place any bets on this one, folks. Lufthansa got kicked out of the DAX yesterday – while Wirecard was allowed to stay? Go figure.
Lufthansa, Berlin in eleventh hour bailout rescue attempt – The German government leapt into action Monday (22 June) to rescue a proposed €9 billion coronavirus bailout for Lufthansa that has run into resistance from a billionaire shareholder…
The clock is ticking as Lufthansa shareholders are voting Thursday (25 June) on the rescue plan, which would see Berlin take a 20% stake in the company with the option of adding 5% more in the case of a hostile takeover bid.
Weiterhin keine Einigung zu Stellenabbau bei Lufthansa.
Where On Earth Did I Put That €1.9 Billion?
I didn’t leave it in my other wallet now, did I?
Remember when Germany used to have that squeaky-clean image? Yeah. Me neither. Now Wirecard has stepped up to the plate.
German payments firm Wirecard says missing €1.9bn may not exist – Company thought money was in two Asian banks but search hits dead end in Philippines.
“The management board of Wirecard assesses on the basis of further examination that there is a prevailing likelihood that the bank trust account balances in the amount of €1.9bn do not exist.”
Everybody’s Doing It These Days
Another import from evil US-Amerika that one absolutely, positively has to have?
Germany: Riots and looting grip Stuttgart – The southwestern German city has seen a night of rioting and looting, with several police officers injured as hundreds of people took to the city center. “The situation is completely out of control,” the police said.
The media is still pretending not to know who is behind it although everybody in their right minds who aren’t on the left already know.
„Teile der linken Szene überschreiten hier gerade Linien, was wir für Stuttgart bisher so nicht gekannt haben.”
Colleen S.
This Is The Real Problem
Not Donald Trump withdrawing American troops.
The Germans want a free ride and they’re offended at having finally been caught.
The Sorry State of Germany’s Armed Forces – Trump’s calls to withdraw U.S. troops from the country are impulsive, but Germany isn’t blameless.
The German armed forces are in a sorry state, and that’s not because Germany, more important to NATO’s efficacy as a collective defense pact than any other European member state, lacks the means to fix this problem. It does not.
Germany’s gross domestic product, valued at $4 trillion, ranks fourth in the world and first in Europe. The country is also Europe’s technological powerhouse. Indeed, in 2018, the World Economic Forum hailed it as the world’s leader in technological innovation.
And yet the German military remains riddled with problems. A damning 2019 report (available in an English-language summary) issued by the Bundestag’s then commissioner for the armed forces, Hans-Peter Bartels, summed up the problem.
PS: Please note here that the woman who ran the Bundeswehr for years and years and proved to be unable to fix it is now the woman EU technocrats (voters weren’t asked) have chosen to fix Europe.
German Of The Day: Auftragsmord
That means a contract killing.
Germany Says Russian Officials Ordered Berlin Park Killing – Germany’s top prosecutor said Russian officials ordered the killing of a political opponent in a Berlin city park last summer, escalating tensions between the two countries.
“State entities within the central government of the Russian Federation gave the order to the accused to liquidate.”
Observing Hermann 