Germany’s prestigious Bayreuth Festival, the world’s most famous summer music festival, is set to enter the 21st century with its first-ever webcast.
Austria sought international help on Monday to free two nationals seized three weeks ago in Tunisia after the kidnappers, a group linked to al-Qaeda, extended their deadline for a proposed prisoner swap. Abductors from the al-Qaeda Organisation in the Islamic Maghreb are now demanding a ransom of €5-million.
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/ 1 February 2008
The Organisation of the Petroleum Exporting Countries (Opec) left unchanged its oil-production ceiling on Friday, snubbing United States demands for an increase as the cartel focuses on supporting prices that have fallen 10% since the start of the year. Explaining its decision, Opec said that stockpiles of crude were likely to increase in the first half of 2008.
Protesters led a two-pronged assault on the Group of Eight (G8) summit on Thursday as boats from Greenpeace intruded into a maritime exclusion zone and protesters tried to block roads on land. As leaders of the world’s wealthiest nations began talks on limiting climate change, two Greenpeace boats raced across the Baltic Sea pursued by police vessels.
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/ 26 September 2005
The surprise announcement by German luxury sports car maker Porsche that it plans to buy a stake in Europe’s biggest car maker Volkswagen sparked scepticism among investors and analysts, triggering a sharp sell-off in both companies’ shares on the stock exchange on Monday.
Bad news continued to pile up for Germany and its beleaguered Chancellor Gerhard Schröder on Tuesday, as the Organisation for Economic Cooperation and Development slashed its growth forecasts and investor confidence slid on concerns that a global slowdown could bring the stuttering German economy to a standstill.