|
This is the front page of our current issue, hot off the press! For a week after publication you can find its main articles here online. Thereafter, all articles from the issue’s Politics, Business and Life sections are added.
|
|
|
The world expects a great deal from Barack Obama – By Peter H. Koepf
Europe is over the moon. The U.S. has a new president and Europe’s candidate won the contest. Habemus Obama.
French President Nicolas Sarkozy was one of the first to
congratulate the man who just became the most powerful politician in
the world: “At a time when all of us must face huge challenges
together, your election raises great hope in France, in Europe and
elsewhere in the world.” European Commission President José Manuel
Barroso also chimed in: “This is a time for a renewed commitment
between Europe and the United States of America. We need to change the
current crisis into a new opportunity. We need a new deal for a new
world.”
|
|
Read more...
|
|
|
 The bull market is dead: To revive it the world needs new global financial rules.
Markets need not just an invisible hand but also a visible heart – By Theo Sommer
The state of the world’s financial markets demonstrates that
turbo capitalism really does make global crises more likely. Millions
of people face the prospect of falling back into the poverty they have
only recently escaped.
What started as a storm in America’s subprime mortgage crisis last
year, has unleashed a global tsunami that is devastating far-off
financial shores. All over the world, banks are faltering; several big
ones have already collapsed. The stock market is in turmoil. Currencies
are tumbling, growth rates slowing, commodity prices plunging. The
expectation that Europe, the Asian trade giants and the developing
world might escape unscathed has proved illusory. Globalization, we
learn, works both ways: upwards and downwards. Nobody can “decouple”
from a major slump.
|
|
Read more...
|
|
As Bremen celebrates Jeanne Mammen, Berlin seems to have forgotten her – By Jochen Thies
The Paula Modersohn-Becker-Museum in Bremen is showing works by
the great illustrator and painter Jeanne Mammen. The fact that her
studio in Berlin has been preserved in its original state has so far
been ignored by the cultural officials of the capital. Old friends of
the artist are maintaining the treasure and are hoping to get help soon.
From noisy, busy Kurfürstendamm, near the corner where the
well-known Hotel Kempinski is located, it is only a few steps into a
different world. Through the bare rear courtyard of a manorly building
and via some steep steps, one manages a leap in time of rare vividness
as the door opens to illustrator and painter Jeanne Mammen’s former
studio.
|
|
Read more...
|
|
 “Sometimes monumental change is compressed into a single moment.” Obama supporters between joy and incredulity.
Now that Barack Obama won the election, he is facing tough challenges ahead – By Tom Buhrow
The world cheered alongside a majority of Americans when the
election results were announced. But will Barack Obama be able to live
up to the high expectations?
Sometimes monumental change is compressed into a single moment. When
that happens, we are often taken off guard as to its suddenness, even
though it took some time to develop. The last time America really had a
conversation on race relations as clearly as this month was in 1994.
The OJ Simpson trial had come to its close. The retired black football
player was accused of murdering his white, blonde wife in a case that
drew international attention. We had been covering it for months and as
the verdict neared, a camera crew and I went to a coffee shop in a poor
black part of Los Angeles. What was expected was anything from a guilty
verdict to a hung jury but not what followed.
|
|
Read more...
|
|
|