Word: germanics
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...been under pressure due to growing global competition and technological change. In Germany, for example, automotive workers over the past few years agreed to work longer and more flexible hours for no increase in pay to prevent their jobs moving to Slovakia and elsewhere. Such agreements have helped the German economy rebound, but they've stoked resentment, particularly since corporate profits, stock prices and the pay packets of top executives are soaring. The share of wages as a percentage of national income in industrialized countries has dropped to its lowest level in more than three decades while, conversely, the share...
...statisticians across Europe because they say it's largely unfounded. Indeed, since 2002, inflation has been rising faster in Britain, which kept its own currency, than in countries that switched to the euro. True, the cost of some everyday items has gone up, at times quite sharply. The German statistics office, for example, has calculated that, since 2000, the price of a man's haircut has risen 7%, a breakfast roll is up 13% while tram tickets are 17% more costly. In France, a cup of coffee in a café has risen 45%, and a baguette...
...German Foreign Minister Frank-Walter Steinmeier, speaking at an international security forum in Munich...
...always good to be reminded by our German friends that democracy can't be imposed by military force. Perhaps the Japanese would like to weigh in too? Actually, they wouldn't. Living next door to nuclear-armed dictatorships, and not having succumbed as thoroughly to postmodern otherworldliness, the Japanese democracy is in fact building up its military and strengthening its U.S. alliance. Still, the German Foreign Minister was simply expressing, in a particularly un-self-reflective way, an increasingly common point of view on both sides of the Atlantic...
...World War I could have averted countless deaths and various political calamities. American intervention against Nazi Germany in the 1930s, or American support for intervention by our allies, could have averted World War II. Are we proud that it took the Japanese attack on Pearl Harbor, and a German declaration of war against the U.S., for us finally to enter the war against Hitler? Then, even with the lessons of Munich fresh in mind, we were slower than we might have been to react to Stalin's aggression in Central and Eastern Europe. We foolishly (if inadvertently) suggested early...