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In this issue

 
Watching and waiting Print E-mail
A Chinese border guard in Dandong monitors the frontier with North Korea.
A Chinese border guard in Dandong monitors the frontier with North Korea.

The world looks on as Pyongyang ramps up the aggression. But North Korea is only one of many 21st-century Asia-Pacific flashpoints

By Theo Sommer

April 12, 2013

Is Europe’s past – centuries of contention, rivalry and internecine warfare – going to become the template for Asia’s future?

The bellicose stance of the young North Korean leader, Kim Jong-un has alarmed the world. First of all, his regime proclaimed that North Korea had reverted to a “state of war” with South Korea – a curious statement, because technically the two countries never concluded a peace treaty after the Korean War in the early 1950s (South Korea did not even sign the armistice agreement).

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We still make things Print E-mail
Made in Germany by the mittelstand: products from Würth and Tente (bottom), two of the country’s most successful SMEs.
Made in Germany by the mittelstand: products from Würth and Tente (bottom), two of the country’s most successful SMEs.

The “Mittelstand” and other reasons for Germany’s robust economy in times of crisis

By Steven Hill

April 12, 2013 

As a result of the global economic crisis, Germany’s reputation around the world has undergone a dramatic transformation. On the one hand, the German economic model is praised by world leaders like President Barack Obama and others for its manufacturing and export success, and for the maintenance of its brand of social capitalism in difficult economic times. On the other hand, Germany has taken a lot of criticism lately from those who don’t like its approach to the eurozone debt crisis, accusing it of neglecting regional imbalances that allow Germany to prosper at the expense of European neighbors. Many people increasingly view Germany through both these lenses simultaneously, as a kind of split personality striking a Faustian bargain with the Mephistopheles of its own economic success.

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Grand old party Print E-mail

The SPD looks back at a history of 150 years

By Lutz Lichtenberger

April 12, 2013 

The SPD’s candidate for chancellor stands in the lobby at party HQ, an elegant glass palace in the Berlin district of Kreuzberg, surrounded by a phalanx of TV cameras and microphones. Peer Steinbrück is presenting a new postage stamp, issued to mark the party’s 150th anniversary. He smiles for the photographers and quips with reporters. In the background there is a large group of men and women, gray-haired but colorfully attired in rucksacks and trekking shoes. This is the age group that is referred to as “hale and hearty pensioners” in Germany. One woman complains to her husband that she can’t hear what Steinbrück is saying. “Yes, but all this isn’t for us. It’s for TV,” he replies.

The last SPD chancellor left office in 2005. Gerhard Schröder went to the country one year before the scheduled date for elections partly due to the difficulties he had keeping his own rank and file in line. In the end he narrowly lost the election to the CDU’s Angela Merkel although the Social Democrats remained in government as part of her grand coalition. But the SPD has had no role in federal government since the 2009 elections. Right now it is in opposition but keen to get its hands on the lever of power again.

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