Mail & Guardian
Mail & Guardian
frankfurtlatest news & developments

German economy ‘faces disastrous 2009’

Snared by the global economic slump, the German economy contracted sharply last year, suggesting a disastrous 2009 for Europe’s industrial powerhouse.

Rwandan suspect sent to France

A top official has been transferred to France in connection with the death of Rwanda’s former president

Dalai Lama attacks China at start of Western tour

The Dalai Lama accused China of ”suppression” and demanded autonomy for Tibet as he arrived Thursday in Germany to start a Western tour ahead of the Beijing Olympics. ”The…

Fly naked on nudist holiday flight

German nudists will be able to start their holidays early by stripping off on the plane if they take up a new offer from an eastern German travel firm. Travel agency…

ECB launches new bid to drain liquidity from Eurozone

The European Central Bank (ECB) said on Friday it would seek to drain a further €150-billion from Eurozone money markets through a new offer aimed at absorbing excess liquidity.…

Euro soars to another new record

The euro soared to another record high against the sagging dollar on Wednesday, climbing above ,47 for the first time, while the British pound reached ,10. The 13-nation euro hit…

Euro hits new high against dollar

The euro rose to a new all-time high against the dollar on Monday after a weekend meeting of the Group of Seven finance ministers ended without a clear statement of concern about…

Great! They’re stealing our books!

The Frankfurt Book Fair has an indicator to help publishers gauge public interest in the new offerings presented at the annual exhibition — the unofficial ”most stolen book”…

Book industry resists free internet access to text

Fearing that it will lose out financially, much of the book industry is resisting internet pioneers’ vision of putting the world’s entire store of published information online.…

Euro resumes record-setting run

The euro resumed its record-setting run against the dollar on Tuesday, climbing to ,4153 after a pair of economic reports painted a dismal picture for United States consumers and…

Germany eye victory in women’s Soccer World Cup

When Germany’s women played their first international soccer game 25 years ago, school kids were bussed in to fill the stands and the public was at best bemused by the sight.…

Sony bridges games, TV with new PlayTV

Sony says it will start selling a combined television tuner and personal video recorder that lets users of the PlayStation 3 (PS3) console capture live television that can be…

Skype failure shows reach of web communications

For almost two days, millions of customers around the world who depend on the popular online phone service Skype were stymied as they tried to make or receive calls or send…

Wary central banks make fresh cash injections

Central banks in Europe and Japan pumped out tens of billions more dollars on Monday to help commercial banks hit by the United States home-loan sector crisis, as shares bounced…

End of the conventional hard drive in sight?

This might well be the beginning of the end for the hard drive: in mid-May, Dell became the first manufacturer to market a laptop using flash memory instead of a hard drive.…

Cerberus to buy majority of Chrysler for $7,4bn

Private equity firm Cerberus will buy the majority of DaimlerChrysler’s struggling Chrysler Group for ,4-billion, a fraction of the -billion deal that created the transatlantic…

Porsche launches bid for Volkswagen

Porsche, the German maker of luxury sports cars, has launched an official bid to acquire Volkswagen, Europe’s largest auto manufacturer. Stuttgart-based Porsche announced in late…

DaimlerChrysler reaches settlement with insurers

German-United States auto giant DaimlerChrysler said on Tuesday it had reached an out-of-court settlement with insurers over a legal squabble surrounding some comments by the…

Siemens knew of bribery funds, newspaper alleges

The anti-corruption department at German engineering giant Siemens tried to cover up evidence of bribery accounts several years ago, the <i>Sueddeutsche Zeitung</i> newspaper…

New luggage rules cause queues at Europe’s airports

New rules forced air travellers to pack perfume, toothpaste and other liquids into small plastic bags in their hand luggage before going through security checkpoints at Europe’s…