The number of people at risk of poverty grows in Germany, although the number of employed has never before been so high, according to the results published this week by the Federal Statistical Office (Destatis). The study, which takes a snapshot of German society from numerous surveys, shows that in 2012 the country had 41.5 million people employed, the highest in its history. However, the total working volume was at 1991 levels.
The fact that Germany is not as strong as we believe means that the country may not be able to lift Europe out of its economic woe. If this is really the case, we are pinning our high hope on the wrong leader. It therefore makes a lot more sense for us to come up with new ways to solve the Eurozone crisis...
The 2013 EU-China Summit takes place on Thursday 21st November in Beijing on the 10th anniversary of the comprehensive strategic partnership between the two. This high level meeting is especially crucial for Europe, not least given that it is the first since the landmark Chinese leadership transition in March.
Life is all about the balance between risk and reward; what could I suffer for what I desire? Get to where I want to go quickly and take a dangerous shortcut or maybe take the path that most travel and just be happy to get there safely. This balance of loss versus gain is what drives investment more than anything.
'Whisky Galore!' the wartime film and story of the people of Eriskay seizing upon the whisky cargo of a nearby shipwreck, has forged headlines and cultural associations of the drink, since it hit our screens almost 65 years ago. And the associations continue to this day. Last week, one lucky buyer paid £12,050 for two bottles of that now infamous cargo.
Like Justine Greening, I can't understand the arguments made by some against spending 0.7% of GNI to relieve suffering overseas. They should remember that 7p in every £10 is a small slice of our national income when compared with the spectre of people dying unnecessarily, living without access to education or even clean water.