Two years ago, London had a lock on a key financial business called euro clearing. Then came Brexit. Deutsche Bank has 98,000 staff around the world, including 7,000 in the United Kingdom and 30,000 in Germany. (File Photo) LONDON (CNNMoney) … Read More
BERLIN Political and business leaders in Germany, Europe’s biggest economy, on Thursday welcomed a deal to defuse trade tensions between the U.S. and the European Union, but relief was tempered with caution that details must still be firmed up. At … Read More
Germany’s arms exports do not necessarily contribute to the emergence, escalation, and prolongation of wars and arms races, an expert suggests. [EPA-EFE/JOEL CARRETT] It’s a widespread opinion that German arms exports are to blame for the world’s instability. Expert now have … Read More
Protesters in the southern German city of Munich have denounced the CSU’s hard-line migration policies and urged an “end to the incitement of hate.” The party slammed the rally and what it called “political agitation.” Thousands of people in the Bavarian … Read More
While both governing parties supported the idea, the SPD said that citizenship must be given to new soldiers to avoid the risk of it becoming a mercenary army. Germany’s long-understaffed army has a new plan to boost recruitment: allowing foreigners … Read More
A European Union trade row is brewing between France and Germany whose capitals are divided on what European Commission President Jean-Claude Juncker should offer to Donald Trump when they meet at the White House next week. EU news: Germany and … Read More
Germany’s foreign minister says Europe can no longer rely on the US after President Trump labeled the European Union a “foe.” “We can no longer completely rely on the White House,” Heiko Maas told the Funke newspaper group Monday. “To maintain … Read More
U.S. Army paratroopers enter a helicopter at the training area in Grafenwoehr, Germany, on Feb. 10, 2014. (Armin Weigel/European Pressphoto Agency) BERLIN — For more than half a century, the deployment of U.S. troops to Germany appeared to be a mutually … Read More
Government consultations between Germany and China in Berlin on Monday aim to send a signal of closer bilateral cooperation in light of a worsened trade spat with the US. But some hurdles have yet to be overcome. German Chancellor Angela … Read More
Germany spends 1.24 percent of its GDP on defense and has promised to increase that figure to 1.5 percent by 2024. But Jens Stoltenberg, the head of the NATO alliance, says Berlin needs to spend much more than that. NATO … Read More