Word: germanic
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...Klee's Angelus Novus, on loan from the Israel Museum in Jerusalem until the end of December. Rarely seen outside of Israel, the watercolor, depicting a strange creature that is part bird, part man and part angel, has sparked various interpretations over the years. Its former owner, the German philosopher Walter Benjamin, believed that it represented the Angel of History. According to another theory, the painting was inspired by Adolf Hitler, who lived in Munich at the same time as Klee. When Klee painted Angelus Novus in 1920, Hitler had just entered politics and was practicing his oratory skills...
...February, political observers doing the math saw where the Democratic primary was going--but it would take three months to get there. So the media revved their engines like a car in neutral: SexismRacismWrightBillaryBitterBowlingBosnia! While Hillary Clinton and Obama won their expected states with the precision of a German train schedule, the 24-minute news cycle played each victory as: Comeback! Counter-comeback! Counter-counter-comeback...
...wheel stares back at them. That's because the venerated Stuttgart sports-car manufacturer on Monday inflicted losses estimated to be as high as $38 billion on hedge funds, banks and other investors who had been short-selling Volkswagen stock. It was more than just patriotic fervor that got Germans cheering this week when shares in VW shot up to more than $1,276, making it, for a few minutes on Tuesday, the most valuable company in the world. It was plenty of schadenfreude, too, directed at these big foreign investor firms whose acquisition of German companies in the past...
...Although none are openly licking their wounds, the losses are believed to have affected a number of stalwart hedge funds. Commentators across the board blamed Porsche for causing chaos on the Frankfurt Stock Exchange this week. The daily Die Welt called Porsche the biggest German hedge fund, and criticized Germany's lax disclosure laws. Porsche has been stealthily building a stake in VW and it only retained the element of surprise because German law did not require disclosure of the positions that account for more than 30% of its stake in VW. "Only when it is no longer possible...
...fact, the current round of attention could work in the far right's favor, says Hofer. Haider was a divisive figure who once referred to the members of Nazi Germany's Waffen SS as deserving of as much honor as any German soldier, and who praised Hitler's employment policies. But the emotion and media frenzy around his death, which Hofer compares to England's trauma over the passing of Princess Diana, has distracted people from Haider's far-right legacy. Haider's party will contest elections in the province of Carinthia next spring. Few observers doubt that the party...