City Berlin Financial News

Germany’s leader is expected to lead the country with a minority government after the collapse of the coalition

Subscribe to enjoy similar stories. When Bharatkumar Jain first decided to do the marathon equivalent of a Grand Slam—the top six of the world’s marathons—he wasn’t chasing a record. He had already registered for three, so he figured he could just attempt the rest and check them off his list.

Germany’s center-left Chancellor Olaf Scholz has announced hs is firing Finance Minister Christian Lindner, which could undermine the ruling three-party coalition that relies on Lindner’s pro-business party

Germany’s economy isn’t growing and the governing coalition has a lot of ideas on how to fix it

Voters in Liechtenstein have voted to withdraw state funding from the tiny country’s public radio broadcaster, a decision that leaves the station’s future in doubt

Ballistic missiles form an important part of Iran's arsenal and were used in its Oct. 1 strike on Israel, an attack that Israel responded to on Saturday with raids on Iranian military sites. Israel warned Iran not to retaliate for Saturday's strikes, the latest salvo in their escalating conflict, while a semi-official Iranian news agency vowed a «proportional reaction». The U.S. Office of the Director of National Intelligence says Iran is armed with the largest number of ballistic missiles in the Middle East. Here are some details:

Indian embassy is in touch with German officials regarding the Ariha Shah case and External Affairs Minister S Jaishankar also raised the issue with his German counterpart, Foreign Secretary Vikram Misri said on Friday. He further said that German Chancellor Olaf Scholz also assured Prime Minister Narendra Modi that he is «closely following» the issue. «The case of Ariha Shah who is in Germany under foster has been followed very closely by us at various levels. Our Embassy in Berlin has taken it up with the German side. When EAM was in Germany he raised it strongly with his counterpart. I can confirm it was raised during the meeting as well today,» Misri said addressing a press briefing on Friday.

NATO — is not welcome by some key Western partners, in particular Germany. Volodymyr Zelenskyy said Russia was also likely looking at the postelection scenario in the US to assess the possibility of cease-fire talks with Ukraine. He assessed that if partial cease-fire deals could be reached over attacks on energy infrastructure and Black Sea shipping routes, it would signal the end of the «hot phase» of the war. Zelenskyy spoke to journalists on Monday and his comments were embargoed until Tuesday. On NATO, Zelenskyy said France, Britain and Italy have shown signs of support. Germany has reservations, however, and Zelenskyy believes only a US green light will convince Berlin to accept the idea.

Subscribe to enjoy similar stories. When German President Frank-Walter Steinmeier awarded Joe Biden the Grand Cross special class of the German Order of Merit in Bellevue Palace here last week, it was a moment of vindication for the beleaguered American president. The only other American so honored was George H.W.

Turkish President Recep Tayyip Erdogan has met with German Chancellor Olaf Scholz in Istanbul

Subscribe to enjoy similar stories. This is the first book in a series featuring Easy Rawlins, an African-American private detective working in mid-century Los Angeles. Rawlins and his fearsome sidekick, Mouse, navigate America’s treacherous racial terrain with wit and grace.

Germany's government says the country’s economy is on track to shrink for a second consecutive year

BlackRock Inc. chief executive Larry Fink said infrastructure is a major component to help stimulate growth in every economy and there’s enough capital in the private sector to fund investment.

France's BNP Paribas on Thursday said there are simply too many European lenders for the region to be able to compete with rivals from the U.S. and Asia, calling for the creation of more homegrown heavyweight banking champions.

Subscribe to enjoy similar stories. BERLIN—Governments across Europe are raising new barriers to immigrants, aiming to curb near-record inflows of people from poor countries that are triggering a surge in support for nationalist populist parties. The biggest swing in sentiment has been in Germany, long a proponent of generous policies toward refugees.

Italy's UniCredit appears to have caught German authorities off guard with a potential multibillion-euro merger of Frankfurt-based Commerzbank, a move that has triggered a fiery response from Berlin.

Two-thirds of the jobs at Commerzbank could disappear if UniCredit successfully carries out a hostile takeover of the German lender, a Commerzbank supervisory board member warned on Tuesday.

The cost of a popular ticket that allows people to use all local and regional trains, buses and subway systems across Germany is set to increase by about 18% next year

An exit poll shows Germany's Social Democrats with a slight edge over a far-right party in a state election in Brandenburg

Subscribe to enjoy similar stories. IT IS NOT easy to predict which athletes will stick in the mind when an Olympic games ends, although Simone Biles is usually a good bet. Underdogs will triumph; local favourites will delight; the greats will be brought low and the humble raised high.

“I am the enemy you killed, my friend. I knew you in this dark: for so you frowned Yesterday through me as you jabbed and killed. I parried; but my hands were loath and cold. Let us sleep now... .” — “Strange Meeting” by Wilfred Owen In 1845, the German philosopher, political theorist and economist Karl Marx wrote about his theory of historical materialism in Theses on Feuerbach. It states that the direction of history is determined by material forces and that the ultimate result will be a communist utopia. With the proletariat (workers) emerging as victors, and that it would be the “end of history”. Exactly 144 years later, two events happened. In the summer of 1989, the American magazine The National Interest published an essay, “The End of History?”. Its author, the political scientist Francis Fukuyama, said that the ideological battles between East and West were over. Western liberal democracy had triumphed. At that time, anti-communist protests were breaking out across the former Soviet Union. Fukuyama had put his neck on the line with that essay.