Tag: Germany

No proof atom-smasher will end world

A GERMAN woman’s fear Earth is to be sucked into oblivion in a black hole has failed in a court bid to halt the world’s most powerful atom-smasher.

The Constitutional Court in the western Germany city of Karlsruhe threw out the woman’s appeal because she was “unable to give a coherent account of how her fears would come about.”

Euro Unity? It’s Germany that matters

In the run-up to the common currency’s debut in 1999, the air was thick with talk about harnessing Germany’s economic power, then enshrined in the mark. A failure to move toward monetary union would lead only to “a preponderant influence of Germany,” Valéry Giscard d’Estaing, the former president of France, said in a 1997 interview in the French daily Le Monde.

Now, as the European Union thrashes out a possible rescue plan for debt-stricken Greece, the importance of Germany has been thrown back into relief. President Nicolas Sarkozy of France can come out and pledge all the support to Greece he wants, but in the end, it’s Germany that matters.

Doomsday for the Eurozone?

“Euro Area Headed for Break-Up,”warned a recent Bloomberg wire. The shocking headline was prompted by comments of Albert Edwards, a leading strategist at Société Générale, one of the oldest French banks. Speaking about the debt crisis that is currently engulfing Greece as well as a number of other eurozone* countries, Edwards said:

“My own view of developments, for what it is worth, is that any help given to Greece merely delays the inevitable break-up of the eurozone.”*

Lest you think Edwards is some kind of doomsday crank, he called the 1997 Asian currency meltdown one year ahead of time. A senior figure at one of Europe’s top financial service companies, he was also voted the second best European financial strategist in the prestigious Thomson Extel survey.

Bayer to pay $1.5 mln in 2nd lawsuit over GM rice

Germany’s Bayer (BAYGn.DE) was ordered by a jury in the United States to pay $1.5 million in damages to three farmers for losses they incurred because of contaminations of Bayer’s genetically modified rice, the second in about 500 similar cases pending.

The jury’s ruling in a St. Louis court against Bayer’s CropScience division follows a related case in December, in which Bayer was ordered to pay $2 million, the chemicals- and drugmaker said on Friday after the close of trading in Germany.

Iran seeks to take control of Mideast

Iran is the world’s “center of terror” which seeks to impose its will on the Middle East, President Shimon Peres said Tuesday during a historic visit to Berlin.

“Ahmadinejad’s regime is openly calling for Israel’s destruction, denying the Holocaust, and preventing peace with the Palestinians. It is destabilizing Lebanon and Yemen and trying to take over Iraq,” Peres said on the eve of his address to the Bundestag.

The Rome-Tehran axis

When it comes to appeasing the Islamic Republic, no other Western nation has stooped lower than Italy. Amid the international outrage over the Iranian regime’s brutalization of its own people, Italian Foreign Minister Franco Frattini warned Europe “must not burn every bridge because Iran is a key figure” in the region. While rejecting any military action to stop Tehran’s nuclear weapons program, Mr. Frattini urged the West to “avoid those [sanctions] that are connected with Iranian national pride.” What may sound like a naïve appeal for more failed diplomacy may just as easily be thought of as a bid to secure lucrative business interests.

Kristallnacht’s timeless lesson

Converting the fires of Kristallnacht into the fire of Judaism and Jewish life.

Most of the time evil cloaks itself with some form of apparent righteousness. Lenin, Stalin, Pol Pot and Chairman Mao killed millions for what they claimed were just causes that would benefit humankind. Many in the Moslem world mask their evil behavior and terrorism with the cloak of religion and faith.