German Chancellor Olaf Scholz says Elon Musk’s support for the far-right in Europe is “completely unacceptable.”
Andrew Wilkinson, partner at Weil, Gotshal & Manges, discusses the latest Weil European Distress Index report.
It was a defining image of the Merkel years: the German chancellor leaning across a table at the G7 summit in 2018, looming over Donald Trump as the rest of the world’s leaders looked on. Angela Merkel, the photo seemed to indicate, was the adult in the room.
The weakness underlines the challenge that will face a new government in Berlin following elections in February, including the possibility of fresh Trump tariffs.
President-elect Donald Trump has rattled European leaders by urging Nato countries to drastically increase their defence spending. During his press conference at Mar-a-Lago yesterday, Trump declared “I think Nato should have 5 per cent.
Still, the official announcement declined to use the word war to characterize Moscow’s activities outside Ukraine. Instead, the EU condemned Russians’ “destabilising” and “malicious actions.” The inability to describe acts of war as acts of war is part of a culture of distortion and denial regarding the subject of state-sponsored violence.
There is an ongoing debate in Europe about how best to handle the incoming Trump administration. Some argue that Trump should be, in effect, bought off. Christine Lagarde, the president of the European Central Bank,
The UK surpassed Germany to become Europe’s largest electric-car market as the country’s EV sales mandate helped it buck a demand slowdown elsewhere in the region.
German Chancellor Olaf Scholz says Elon Musk’s support for the far-right in Europe is “completely unacceptable.”
The German military will establish a new division tasked exclusively with territorial defence, the army said on Saturday, bringing all existing reserve units under direct army command.
A new report claims Chinese carmakers are interested in buying Volkswagen's factories in Germany, but this could be only a pipe dream of a company in distress