THE AMERICA ONE NEWS
Jun 5, 2025  |  
0
 | Remer,MN
Sponsor:  QWIKET 
Sponsor:  QWIKET 
Sponsor:  QWIKET: Elevate your fantasy game! Interactive Sports Knowledge.
Sponsor:  QWIKET: Elevate your fantasy game! Interactive Sports Knowledge and Reasoning Support for Fantasy Sports and Betting Enthusiasts.
back  
topic
The Economist
The Economist
20 Nov 2024


NextImg:Once dominant, Germany is now desperate
Europe | The Germans don’t do it better

Once dominant, Germany is now desperate

As an election looms its business model is breaking down

|BERLIN AND HANOVER

THE FINANCE ministry of the southern German state of Baden-Württemberg, home to giants like Bosch, Mercedes and zf Friedrichshafen, is not a bad spot from which to probe Germany’s anxieties. The country is gripped by fears of deindustrialisation as it heads into an election that seems certain to throw its chancellor, Olaf Scholz, out of his job if his party does not dump him first. That ministry’s occupant, Danyal Bayaz, frets that Germany has squandered the “globalisation dividend” of the past 15 years, underfunding the public realm in an era of low interest rates. Now, facing an energy squeeze, growing competition from China and the prospect of Donald Trump’s America slapping 10-20% tariffs on imports, the country’s business model, fears the minister, is “collapsing”.

Explore more

A photo collage showcasing German election candidates: Olaf Scholz, Sahra Wagenknecht, Friedrich Merz, Christian Lindner, Robert Habeck, and Alice Weidel.

Germany election 2025 tracker: who’s ahead in the polls?

Follow the latest odds for which parties may form the next government

The US Army conducts live fire tests of the Army Tactical Missile System (ATACMS) at the White Sands Missile Range in New Mexico, United States on December 14th 2021

Firing American missiles at Russia won’t change Ukraine’s fortunes

But Joe Biden wants to send North Korea a message


Ukraine’s secret army in France

A new force is being marshalled to take on the Kremlin’s men


How older French women are redefining the aesthetics of ageing

Wrinkles could once wreck a public career in France. Not any more

Italy’s oddest political party is splitting

Six years ago it was Italy’s biggest