Word: german
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Dates: during 2000-2009
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...Magna consortium, which pledges to invest €700 million ($970 million) in Opel, has softened its position on job cuts and plant closings several times under pressure from German politicians. Magna's plan would leave GM with 35% of the company and Sberbank with a 35% stake, while Magna would take 20% and Opel employees would control...
...with key politicians, unions and investors. Fiat recently acquired Chrysler and now wants to merge GM's European business into the Fiat-Chrysler group to create one of the biggest carmakers in the world. His plans to close plants in Germany and Italy have been roundly condemned by powerful German governors and the IG Metall trade union. A Chinese carmaker, Beijing Automotive Industry Corp., is expected to detail its own plan for Opel next week. (See the 50 worst cars of all time...
...money will do the talking, and Germany's deep pockets give the nation plenty of clout. But around Europe, anger is rising that German politicians are playing a deadly game of poker with GM for which others might end up paying the price. "We cannot get into a situation where everyone is trying to outdo each other, in which we see how much money Germany can put on the table and how much we can," said Flemish Premier Kris Peeters. After all, he, too, faces elections this year...
...also includes the Belgians and the U.K.'s London and Continental Railways (LCR). DB has made no secret that it is looking to buy LCR's 33% stake - which the French also covet, in part to deny DB its dream of extending its routes into the U.K. Meanwhile, the German group has ordered 15 new ICE locomotives with a full range of signaling technology that can be adapted to virtually any rail system...
When Benno Ohnesorg was shot on June 2, 1967, by a policeman in West Berlin during a demonstration against the Shah of Iran, the young German student became a martyr for a generation of left-wing activists. The killing triggered the radicalization of the mass protest movement in West Germany, which directed its anger against the police, the government and the conservative establishment. The poignant image of a woman cradling Ohnesorg's head as he lay dying on the ground became etched in Germans' minds. But now it has emerged that the police officer who pulled the trigger was actually...