Word: berlins
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...fall of the Berlin wall caught the world by surprise. For months, East Germany's beleaguered communist rulers had tried in vain to silence a growing opposition movement and stem the tide of people pouring out of the country. On the night of Nov. 9, 1989, an East German official held a press conference to announce new government travel policies but inadvertently announced that crossings to the West would be opened "without delay." Within hours, thousands of East Berliners began lining up at checkpoints near the Wall. At first the border guards tried to check passports, but they quickly realized...
...German Economy Minister, Rainer Brüderle, summed up the mood as he arrived at a cabinet meeting in Berlin on Wednesday: "The behavior of General Motors toward Germany is totally unacceptable. We won't let GM put us under any pressure." But at this point, can the German government or unions really do anything about it? Can they punish GM or at least make things difficult for the manufacturer? Will they be able to protect the 25,000 Germans employed by the company? (See the most exciting cars...
...least one thing is clear: the German government wants GM to pay back the $2.2 billion bridge loan that Berlin gave it a few months ago to keep Opel's business afloat. Jürgen Reinholz, the Economy Minister of the eastern state of Thuringia, says GM will likely do this by the end of November. But a huge question for Merkel is whether GM will now receive any of the $6.7 billion in loans the government had previously promised to Magna to seal the deal. The pledge had raised alarm bells in Britain, Belgium and Spain, where leaders feared...
...German government has asked GM to come up with a restructuring plan as quickly as possible. Government sources said only then would Berlin decide whether GM would be eligible for any of the $6.7 billion in state aid that Germany had offered to Magna. Union leaders want the government to stand firm and not send any German taxpayer money across the Atlantic. But the car giant is prepared to play hardball too, reminding German workers that the insolvency of its entire European operation is still an option. "Failure to reach the restructuring that is needed would result in the operation...
...Deposit Savings in Bong.") In exchange for the publicity and potential revenue, Colbert Nation logos will be stitched onto the suits of both long-track and short-track skaters during World Cup competitions before the Olympics. Right now, the long-track team is preparing for a competition in Berlin, while the short trackers are in Montreal for a meet. "We are scrambling like crazy to get the logos on the uniforms this weekend," says U.S. Speedskating executive director Bob Crowley. (See a video of U.S. athletes training for the Winter Olympics...