Mrs Merkel said Germany „will not influence the behaviour of the ECB“
The German Chancellor has rejected comments made by a Trump adviser that Germany uses an undervalued euro to exploit trading partners.
Peter Navarro, the head of Mr Trump’s National Trade Council, told the Financial Times that the euro is a German currency in disguise.
But Mrs Merkel said Germany „has always called for the European Central Bank to pursue an independent policy“.
She added that Germany „will not influence the behaviour of the ECB“.
Mr Navarro also told the Financial Times that talks over the Transatlantic Trade and Investment Partnership (TTIP) between the EU and the US were dead.
„A big obstacle to viewing TTIP as a bilateral deal is Germany, which continues to exploit other countries in the EU as well as the US with an ‚implicit Deutsche Mark‘ that is grossly undervalued,“ he told the Financial Times. Den Rest des Beitrags lesen »
Subject: Nigel Farage: EU Parliament ‚declaring war‘ on Brexit talks
Mr Farage is remaining as an MEP despite standing down as UKIP leader
Nigel Farage has accused the European Parliament of „a declaration of war“ on the UK’s Brexit talks after naming Guy Verhofstadt as its chief negotiator.
The outgoing UKIP leader told MEPs the ex-Belgian prime minister was the „high priest“ of federalism and should be replaced by someone „who likes the UK“.
Mr Verhofstadt is one of three officials chosen by EU institutions.
He told MEPs earlier he didn’t want to „punish“ the UK but to build „sound relations“ after the UK’s departure.
Although the Belgian politician, who leads the Alliance of Liberal and Democrats grouping in the European Parliament, will not actually lead the EU’s talks with the UK, the European Parliament has said he will have a „central role“ in discussions expected to last at least two years.
Source: BBC Subject: Boris Johnson: Super ambassador?
Lord Castlereagh, architect of the post-Napoleonic European order, was jeered in 1822 as he lay dead in his coffin, the crowd outside his Westminster Abbey funeral showing their anger at his domestic repression, not his diplomatic renown.
Geoffrey Howe was booed in Hong Kong in 1989 by local people fearful of Chinese rule.
Jack Straw was jostled and called a traitor when he visited Gibraltar in 2002 amid talks about joint sovereignty with Spain.
It is quite something, though, to be booed on your first full day as Secretary of State for Foreign and Commonwealth Affairs.
Yet that was the fate that befell Mr Johnson as he attended a reception at the French embassy.
And there was worse. His French counterpart, Jean-Marc Ayrault, called him a liar.
And then within hours, he was expressing his shock and sadness at what he called the „appalling events in Nice and the terrible loss of life.“ Den Rest des Beitrags lesen »
China has outstripped the US and Europe in graduate numbers and the gap is growing wider
China has been building the equivalent of almost one university per week.
It is part of a silent revolution that is causing a huge shift in the composition of the world’s population of graduates.
For decades, the United States had the highest proportion of people going to university. They dominated the graduate market.
Reflecting this former supremacy, among 55 to 64 year olds almost a third of all graduates in the world’s major economies are US citizens.
But that is changing rapidly among younger generations. In terms of producing graduates, China has overtaken the United States and the combined university systems of European Union countries. Den Rest des Beitrags lesen »
Germany’s manufacturing prowess powers a fifth of the country’s economy
September’s emissions scandal rocked Volkswagen – but it’s not the only issue the German car giant has. Alongside other German manufacturers, it faces a major challenge from the digital revolution sweeping through the world of manufacturing, writes Sean Williams.
Max Vilimpoc, a Berlin-based software engineer, worked as a contractor for VW until this year.
What he saw there, while working on a raft of digital products, shocked him.
VW, he says, approaches the design of digital products the same way it would design a car part or engine component.