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By Peter Stothard
$4.75
By Susan Faludi
$17.16
$18
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spiegel.de
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If you thought the United States’ $700-billion bailout would quell the global financial crisis, think again. The German parliament just approved a $675-billion bailout of Germany’s financial markets, a plan that is part of a coordinated European response to volatile global and regional markets.
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By William Pfaff — The issues that have fueled Russian-American tensions in Europe in recent months, and European tensions with both Russia and the United States, have suggested a willingness on all sides to reignite tensions that on the face of it serve no one’s real interests. Recent developments could change all that.
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Rainer Hachfeld, Neues Deutschland, Germany —
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news.bbc.co.uk
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European leaders decided against a joint bailout of the Continent’s financial system, but that hasn’t stopped individual governments from trying to save failing and financially shaky institutions. The German government, which has been highly critical of U.S. economic mismanagement, just backed a $68-billion deal to save one of its biggest banks.
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Former Time correspondent Andrew Meier presents a riveting exhumation of the previously unknown story of Cy Oggins, an early American-Jewish communist who spied for the Soviets and was killed by them in 1947.
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Newsday
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Leaders from France, Italy, Great Britain and Germany are planning to meet on Saturday in preparation for a European finance summit to be held in Washington next week. French President Nicolas Sarkozy, who shot down reports on Thursday that France was proposing a hefty European bailout package, invited the other three heads of state to the pre-summit huddle in Paris.
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Rainer Hachfeld, Neues Deutschland, Germany —
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Flickr / world economic forum
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German Chancellor Angela Merkel is furious with the United States for roiling the world economy and expecting Europe to help clean up the mess. “We did what we were supposed to do. ... We adopted a decent EU regulation ... but when it came to it, the Americans said ‘that’s not for us.’ ”
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AP photo / Matt Rourke
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By Chris Hedges — St. Paul is a window into our future. It is a future where constitutional rights mean nothing and where lawful dissent is branded a form of terrorism.
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By William Pfaff — History—not democracy—provides the explanation for the crisis in Georgia, in which the United States is recklessly involving itself.
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Rainer Hachfeld, Neues Deutschland, Germany —
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Barack Obama’s decision to forgo a visit with wounded U.S. troops in Germany during the European leg of his recent international sojourn gave John McCain’s camp the idea for a new advertisement criticizing the Illinois senator, although Obama’s team and Republican Sen. Chuck Hagel beg to differ with its premise.
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AP / Jens Meyer
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While fans deemed it “soaring” and Barack Obama himself tried to play down its importance, the senator’s speech Thursday in Berlin certainly had the visuals and big crowd to support comparisons to JFK’s famous appearance in the iconic Cold War capital.
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flickr.com/photos
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Imagine if you could learn about the Great Flood, or experience a high-tech interpretation of heaven and hell (Disney’s goofy infernal montage, complete with pop-up demons, from “Mr. Toad’s Wild Ride” notwithstanding), by plummeting down a hair-raising roller coaster ride. Not your idea of a good time?
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Rainer Hachfeld, Neues Deutschland, Germany —
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By Timothy Snyder — One of the great crimes of the 20th century—the mass murder of Jews in the Nazi-occupied Soviet territories—is all but forgotten. “The Unknown Black Book” helps us remember.
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Rainer Hachfeld, Neues Deutschland, Germany —
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Rainer Hachfeld, Neues Deutschland, Germany —
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By Eugene Robinson — Not only are Rudy Giuliani’s figures about prostate cancer survival rates in the United States and Britain wildly misleading, but he’s also wrong on his general point: that a single-payer system, of the kind that Republicans call “socialized” medicine, inevitably would deliver inferior care.
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As Pakistani President Pervez Musharraf faces an ongoing crisis in his volatile country, President Bush and members of his inner circle are signaling their overall support of Musharraf while criticizing some of his choices in recent days. Meanwhile, Musharraf’s apparent alliance with Benazir Bhutto has sparked concern among those skeptical of her motives and leadership abilities.
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cbsnews.com
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Meet Rafid Ahmed Alwan, otherwise known as “Curve Ball” in intelligence circles. He’s an Iraqi defector who apparently won himself a green card with his fabricated claims about Saddam Hussein’s regime harboring biological weapons, which became the CIA’s (and Colin Powell’s) key justification for the U.S. invasion of Iraq.
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whitehouse.gov
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In this thought-provoking opinion piece from the UK’s Daily Mail newspaper, writer Correlli Barnett points out how, in waging his own brand of holy war, Bush (and, by extension, former British PM Tony Blair) failed to comprehend crucial lessons about war that historical examples have repeatedly borne out.
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After German authorities foiled a terror plot earlier this month, U.S. National Intelligence Director J. Michael McConnell was all to eager to give credit to recently revised FISA rules, arguing, in effect, that potential civil liberty violations helped save American lives. Woops. It turns out that much of the information used by the Germans was obtained under the old FISA law, which McConnell continues to claim wasn’t effective enough.
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AP Photo/John McConnico
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The German government has long been aggressive in its stance against the Church of Scientology, and it has thrown down the gauntlet once again by banning the filming of a Tom Cruise movie because of the American’s religious affiliation. Cruise will play a German military officer who tried to assassinate Adolf Hitler.
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Germany has issued arrest warrants for 13 suspected CIA agents for their roles in the “extraordinary rendition” of Khaled al-Masri. Meanwhile, as public outrage in Europe over the abduction and torture of terror suspects grows more intense, court proceedings in Italy could lead to the indictment of 25 alleged CIA agents.
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politikforum.de
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Germans are outraged over the emergence of documents that suggest a government official allowed an innocent German citizen to remain in Guantanamo for years after the United States offered to repatriate him.
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dw-world.de
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The International Tracing Service, an arm of the Red Cross that houses 16 miles of floor-to-ceiling files related to the Holocaust, is slowly granting access after half a century of silence.
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The home turf of Chancellor Angela Merkel will probably become the second region in Germany to elect skinheads to the national legislature. Read the whole article to get the story on how neo-Nazis have found success in infiltrating German society. (h/t: Huff Po)
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Illustration by Peter Scheer
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The retail giant has met its match in the Japanese consumer: Seiyu, Wal-Mart’s Japanese division, has posted $465 million in losses for the first half of 2006. It’s not looking good overseas for the shopping mecca?German and South Korean divisions were shut down earlier this year after poor performance.
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From bild.t-online.de
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At the G8 summit, President Bush gave German Chancellor Angela Merkel an unsolicited back massage, which an obviously uncomfortable Merkel quickly shrugged off. (h/t: Crooks and Liars)
Video
(much more after the jump…)
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Soccer fans mocked with monkey noises and spit on Nigerian forward Adebowale Ogungbure as he left a soccer field in Germany in late March. It sounds like a story from another decade, but this type of violent racism might just destroy this year’s World Cup. The NYT offers a must-read piece about the recent surge in racist sentiment among European soccer fans.
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Haraz Ghanbari / AP
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Bush and the new German chancellor are pushing diplomacy on the Iranian nuclear issue. | story
If this seems in stark contrast with the president’s Iraq policy, read Truthdig’s Robert Scheer or Juan Cole—who argue that we’ve lost leverage over Iran because the Iraq war has empowered the Shiites in both countries to link arms against us.
Posted on Jan 12, 2006
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