Word: gernot
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...handle it? This is not to say Russia should be left alone to deal with things the way that suits it best, but what on earth is the U.S. doing, intervening so frequently when delicate political realities would be much better handled with diplomatic wisdom and reasonable restraint? Gernot Auer, FRANKFURT, GERMANY...
...believes that the savings rate will rise. A U.N. economic report released on Wednesday warned that as the U.S. trade and budget deficits continue to widen, “confidence in the dollar as the world’s main reserve currency could erode rapidly.” Gernot Doppelhofer, a university lecturer and fellow of Trinity College at the University of Cambridge, wrote in an e-mail that he believes that the current account will eventually adjust. “Differences in productivity growth affect the real exchange rate in the long run,” he wrote...
...either Merkel or Schröder will have to step down, and neither seems ready. "We are the biggest parliamentary group," says Wolfgang Schäuble, foreign policy chief of the cdu. "We will choose who the Chancellor will be - and that is Mrs. Merkel." A key spd leader, Gernot Erler, demurred: "We've said that Schröder is our Chancellor and the only one who can change this is Schröder." Walter wonders whether the best bet might be to depose both leaders: "A grand coalition needs a grayer, less divisive figure capable of mediating between...
...have won again. To Europe, that suggests that the mutual disdain will continue, and that Europe and the U.S. are bound to drift further apart, even if their size and importance condemn them to keep doing business together. "There is in fact a certain degree of astonishment," says Gernot Erler, foreign-policy spokesman for Germany's ruling Social Democrats. "If a German Chancellor were to take the country to war on reasons that turned out to be wrong, he would have no chance of being re-elected." Says David Mepham, head of the international program at the Institute for Public...
...August. And the widely watched Ifo index of business confidence in Western Germany rose from 89.2 in July to 90.8 in August, its fourth consecutive rise. The Munich-based economic institute surveys 7,000 executives each month about production, orders and inventories. "We've turned the corner," says Gernot Nerb, an economist at Ifo. "We're in the early phase of the upturn...