Word: germanically
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...inches tall, I gazed up at almost 12 feet of canvas. The painting left me dumb-struck as it brilliantly resonated with a passion, power, and emotion as if it were a living thing. The colossal mural commemorates the brutal aerial bombardment of the ancient Basque town Guernica by German and Italian squadrons during the Spanish Civil War. As a modern historical painting, it draws on archetypal images such as bulls, horses, and melancholy women—particularly Spanish themes but nevertheless universal. These images, fragmented and pained, startlingly convey the horrific bombing without resorting to realist or romantic terms...
...people have their say. That was the message in Berlin last week when German President Horst Köhler agreed to dissolve parliament, paving the way for a snap election, expected on Sept. 18. "The people should be able to decide the future policies of our country," Köhler said. Chancellor Gerhard Schröder will be pleased - he engineered the poll by deliberately losing a confidence vote in parliament on July 1 - but at least two parliamentary deputies plan to challenge Köhler's decision in the Constitutional Court. If the election does take place, conventional wisdom...
Foreign investment firms have incentives to improve, not destroy, the businesses they buy. Wincor Nixdorf is a case in point. The German firm, which makes ATMs for banks, was singled out by the SPD's Müntefering in his "locust" critique because of the profits that its investors, KKR and Goldman Sachs, made when they sold out. The two firms acquired Wincor Nixdorf from Siemens in 1999 for $709 million and by the beginning of the year had sold their entire stake, starting with a public offering in 2004. KKR and Goldman haven't disclosed details, but people familiar with...
...groups, simply "brought to light what others obviously wanted to leave in the dark"--and has every intention of shining more lights on the phenomenon. It's not just labor that is complaining. Blackstone made such a big return--more than $3 billion--from its investment in German chemical fiber company Celanese, which it acquired and quickly took public again in the U.S., that it has drawn the ire of a New York City--based hedge fund, Paulson & Co., which alleges that the initial deal wasn't fairly valued. And some private-equity firms are starting to fret that...
Valerie Plame used to live hidden in plain sight. The brick house she and her husband, Joseph Wilson, bought in May of 1998 is on a leafy, Washington, D.C. side-street, a few turns from the German Embassy, and fits right in with the other well-to-do homes around it. The open garage door displays the common items of family life: bicycles, kids' toys, garbage cans. Wilson's convertible Jaguar sits parked in the driveway. A paved walkway cuts through a manicured lawn to the front door, behind which children can be heard playing. But the slim, attractive woman...