The ‘Good’ Week
In spite of some cautionary words from Chairman of the Federal Reserve Ben Bernanke on the economic recovery, this past week was a relatively good one for the financial markets. However, according to AICGS Senior Fellow Alexander Privitera, the mood could soon be changing.
The Two Faces of German Politics
The controversy surrounding the next German federal president shows that more is at play in German politics than traditional power brokering.
Germany Seeks Forgiveness
Germany marked a cathartic moment on February 22nd with a somber ceremony surrounding the deaths of eight individuals killed over a decade by Nazi sympathizers throughout the country(Relatives Seek Closure …
The Legal Framework of Abortions in Germany
Social issues like abortion, the question of when life begins, and healthcare coverage for birth control have featured prominently in the Republican primary debates. What is the situation in Germany? …
Buying Time, Building Firewalls
European leaders have finally agreed to a deal that will send the next tranche of financial aid to embattled Greece in exchange for further austerity measures in Athens. According to Senior Fellow Alexander Privitera, while the deal will help Greece stay afloat in the short term, it increasingly signals that politicians in Europe may simply be buying time for an eventual Greek default.
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In this weeks At issue, Executive Director Jack Janes looks at Chancellor Merkel’s struggle to sustain political support for the increasingly complicated agenda of the euro zone, as well as the interests and actors shaping the battle lines.
Unwarranted Schadenfreude (or Why the Survival of the Euro Matters to Americans)
Schadenfreude [shahd-n-froi-duh] noun: satisfaction or pleasure felt at someone else’s misfortune It’s very tempting for Americans to roll their eyes about the debt crisis in Greece, and to treat the …
The Moral Dilemma
While promoting the work of his government to U.S. President Barack Obama, Italian Prime minister Mario Monti was suddenly asked by his host how he dealt with German Chancellor Angela …
Italian Lessons for Bernanke
Looking at Europe, FED Chairman Ben Bernanke has drawn some hard lessons that the U.S should be aware of. In fact, with the most acute phase of the Euro crisis somewhat abating, Bernanke feels compelled to issue a stern warning to U.S. politicians not to make the same mistakes made by some European countries, which have made them vulnerable to fiscal crisis. What happened to Europe could very well happen to the US, and more suddenly and sooner than many today think is possible.
Germany’s Hidden Weaknesses
Dr. Norbert Walter is the former Chief Economist of Deutsche Bank. Dr. Walter is currently head of Walter & Töchter Consult. In this essay, which originally appeared in the New …
The End of One Presidency – the Beginning of a New President: Joachim Gauck
In this At Issue, Executive Director Jack Janes reacts to the unexpected resignation of German President Christian Wulff, brought about by the decision to investigate his dealings while serving as Minister President of Lower Saxony. While his exit from office appears to have little effect on Chancellor Merkel’s current approval ratings, it has highlighted a bigger issue in Germany – namely the growing mistrust between politicians and the German population. With Joachim Gauck emerging as the favorite to become the next President, he must focus immediately on rebuilding the bridge between the governed and the governing.
Triple U (UUU) – The Way the Global Economy Goes!
Dr. Norbert Walter offers an assessment of the global economy’s path in light of the eurozone crisis and upcoming election in the United States.
