Word: economice
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To get a sense of how far the Chinese leadership has come on the issue of climate change in a relatively short period, consider a conference held two years ago on the tropical island of Hainan, where, every year, China invites the high and mighty from around the world to...
High-end residential real estate around the world has been hit hard by the recession. Prices for luxury flats in London are still a fifth lower than they were in March 2008. But confidence in Hong Kong's luxury market, driven by surprisingly strong economic growth in China, is recovering...
Germany prefers to promote its interests behind the scenes rather than to lead in proportion to its size and economic clout. With Merkel or without her, nobody expects much change in Germany's worldview. That means a pro-U.S. and pro-Israel stance, a pragmatic approach in dealing with...
There's obvious potential for friction with Washington when President Barack Obama comes calling for more troops. Still, relations between Germany and the U.S. have improved under Merkel. Her predecessor, Gerhard Schröder, fell out with President George W. Bush over Germany's opposition to the Iraq war. Merkel...
The coming elections will determine how Germany decides to nurture its fragile recovery and address other central questions of economic policy. If Merkel manages to form her preferred coalition with the FDP, the new government would be less likely than the current grand coalition to intervene to bolster big industry...