German FinMin Stresses G20 Pledge to Avoid Forex Manipulation
German Finance Minister Wolfgang Schaeuble said on Friday it was important to keep in mind that the world's leading 20 economies (G20) have promised not to boost their competitiveness by manipulating exchange rates.
German Finance Minister Puts Focus on Unemployment
Speaking at an investment conference in London, Wolfgang Schäuble cited joblessness among young people as Europe’s biggest problem.
A Thought Experiment On How Google's New Palestine Page Could Undermine Peace Talks
The Israeli Foreign Minister has sent a strongly worded letter to Google CEO, Larry Page, warning him that their new Palestine search page could undermine Middle-East peace negotiations. “Such a decision is in my opinion not only mistaken but could also negatively impinge on the efforts of my government to bring about direct negotiations between Israel and the Palestinian Authority,” wrote minister Ze’ev Elkin, about Google’s decision to change “Palestinian Territories” to “Palestine” on Google.ps (picture above). Careful followers of foreign policy news might question how exactly a tiny word change on a website could upset arguably the most resource-intensive diplomatic effort in human history, but we think such skepticism underestimates Google’s vast geo-political power. Here’s a thought experiment of 5 different ways Google could have a meaningful impact: 1. Well, maybe Google could…no, that wouldn’t do anything 2. … 3. … 4. … 5. … Ok, we can’t think ...
Italy’s Foreign Minister Quits Over Marine Case
Giulio Terzi quit over the government’s decision to return two Italian marines to India to stand trial for killing two local fishermen.
Middle East: Israel: Cabinet Minister Criticizes Decision to Run Race in Heat Wave
An Israeli soldier died of heatstroke after completing a half-marathon, prompting an Israeli official to criticize organizers for allowing the race to take place during a heat wave.