Word: rgen
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Dates: during 2000-2009
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...deal was not a merger but a takeover, with the German firm running Chrysler. There's more to it than semantics: slating the deal as a merger bypasses the need to pay shareholder premiums, as would happen in a takeover. The spotlight will fall on DaimlerChrysler chairman Jürgen Schrempp, who in an October 2000 Financial Times interview appeared to admit Chrysler was destined to be a mere division; he insists his words were taken out of context. But he may be vulnerable; DaimlerChrysler settled a similar suit in August, coughing up $300 million for investors. Plus Ca Change...
...smarting over revelations that some of the al-Qaeda operatives involved in those attacks masqueraded for years as foreign students in Hamburg. They're determined not to let the same thing happen again. "The lesson of Sept. 11 is that we didn't look close enough," says Jürgen Roters, president of the Greater Cologne Regional Government, which supervises Bonn schools. "We have evidence that fundamentalist Islamic doctrine is being spread [at King Fahd], that violence is being promoted, and that there are activists associated with the school who have contacts to terrorist groups." But parents claim the terrorism...
...this country for the past 30 years," Andersson says. "To have an independent central bank combined with a free market setting long-term interest rates has been a kind of a watchdog against misconduct of policies in Sweden." Some individuals seem to be split against themselves. Jörgen Appelgren, chief economist at Nordea Bank, recites the main arguments in favor: increased growth and trade and lower interest rates. But he admits that he is personally against the euro. He argues that in case of troubled economic times ahead, the European Central Bank (E.C.B.) in Frankfurt will adopt policies best...
...international Internet pages. "The mood is really bad," says Therese Dietrich, head of Berlin's Europa-Job-Center. "People just want to get out." Don't expect this trend to die off anytime soon. "People's willingness to move abroad is going to increase further," says Jürgen Goecke, director of the Bonn-based Central Job Placement Agency, "because the situation in the labor market, where unemployment is currently at 10.4% and at a staggering 18.6% in the eastern states, is not likely to change soon." Goecke expects the most popular destinations will be the Netherlands (where the construction...
...approached by ever-helpful clerks in the stores - it's considered an intrusion. The company says it is narrowing losses and hitting targets, but analysts say Wal-Mart isn't going anywhere soon. "I don't see any light at the end of the tunnel," says Jürgen Elfers, a retail analyst at Commerzbank AG in Frankfurt. In Germany, Wal-Mart discovered a surprising weakness: it couldn't export one of its biggest advantages - high-volume logistical know-how. There was trouble synchronizing warehouse data systems, and the Americans say they were surprised by the lack of sophistication...