germany

German Lower House Passes Bill to Ban Naked Short-Selling

German lawmakers in the lower house of parliament passed a bill banning naked short-selling of eurozone government bonds, credit default swaps based on those bonds and stocks in German companies. The bill aims to counter volatility of the euro currency, Bloomberg BusinessWeek reported.

BMW Plans Electric Car With Lightweight Carbon Fiber Shell

BMW AG (BAMXF) plans to build a battery-powered city car with a lightweight shell made out of the same material used to protect Formula One drivers, Bloomberg News reported. The car will be cocooned in hardened carbon fiber supported by an aluminum frame, the company%u2019s development chief Klaus Draeger said. The carbon fibers will be made of 50,000 filaments that are each one-seventh the thickness of a human hair.

Privacy Cop Germany Puts Apple in the Crosshairs

In its latest move to safeguard computer users' rights and burnish its reputation as a global privacy cop, Germany is seeking to dig deeper into Apple's collection of its customers' location-based data.

Why Global Deficit Cutting Could Sink Recovery

For Germany, Britain, and the U.S., three of the world's major economies, their lawmakers' rush to cut budget deficits is the worst thing at this point of the fragile recovery. By taking demand out of their economies at this crucial time, they could spark another recession.

Misguided Bullying of German Economic Policy

It's hard to top American politicians when it comes to strong-arming other countries about economic policy. The G-20 summit, where a showdown is brewing most pointedly between American and German camps, offers the latest vivid example.

Soros: German Budget Cuts Could Cause Euro Failure

Ahead of the G-20 summit in Toronto this weekend, billionaire investor George Soros is warning that Germany's policy of fiscal austerity is a danger to Europe that could destroy the euro and fracture the European Union.

Google's Privacy Woes Expand to Australia

Google's legal woes over privacy issues in Europe have expanded to Australia after residents in that country recently complained about photographs being taken for Google Maps.

Euro Woes Are Blinding Investors to Opportunities

Just a few months ago, the currency everyone loved to hate was the dollar. Now, the euro is feeling the heat of short-sellers and pessimists. But the gloom around Europe's common currency is seriously overblown.

Europe to Set Up Fund Stopping Greek Crisis' Spread

Eurozone leaders plan to create a financial facility to defend the euro and lower the interest rates its weaker economies pay for sovereign debt. As turmoil grips world markets, the politicians pledge to set up the firewall against contagion before Asian markets reopen on Monday.

Rumors Swirl as Market Plunges on Debt Fears

Amid a market growing increasingly paranoid about Europe's debt crisis, errors -- either human or mechanical -- were pointed to as potential reasons for Thursday afternoon's stock market plunge. But a more deliberate force could also be at work as investors short the markets and the euro sought to take advantage of the mounting alarm about Europe's situation.

Greece Seals the Deal, Finally, But What's Next?

The aid package to bail out Greece hardly ends its problems. The country's debt is over 100% of GDP, and the national deficit was 13.6% of GDP last year. The major concern is that Greece's citizens won't accept what's expected to be $40 billion in budget cuts over three years.

Europe Needs to Think Big About Its Bailout

Ratings downgrades for Spain, Portugal and Greece have alarmed already-rattled credit markets, sending borrowing costs sky-high. As contagion spreads, Europe's politicians need to stop dithering over the bailout and take dramatic steps to reassure markets.

Will Icelandic Volcano Cause European Economy to Erupt?

It's no secret the volcanic eruption in Iceland has cast a cloud over the airline industry, with the International Air Transport Association estimating more than $200 million in lost revenues per day. But the airlines aren't the only companies to suffer from the loss of tourism. How will the eruption impact Europe's overall economy?

Exposed: The Eurozone's Key Flaws

Beneath the celebration of Greece's "rescue" lie structural imbalances -- fundamental asymmetries that imperil the euro, the joint currency that has been the centerpiece of European unity since its introduction in 1999. The key imbalance is between export powerhouse Germany, which generates huge trade surpluses, and its trading partners, which run large trade and budget deficits, particularly Portugal, Italy, Ireland, Greece and Spain.

Greece Bows to E.U. Pressure

Bowing to pressure from the E.U., Greece has announced new austerity measures. The country is gambling that the new cuts will encourage nations in the eurozone to back loans to Greece from their state-owned backs.

Germany to Offer Aid to Debt-Laden Greece?

Struggling with a worsening sovereign debt crisis, Greece appears closer to a bailout by the E.U. The plan may be led by Germany due to the size of its economy and relatively strong financial position.

German Lingerie Lifts the Veil on Muslim Women

What makes an effective lingerie ad? If you guessed a niqab, a type of veil worn by some Muslim women, kudos to you for thinking outside the box like the creators of this spot by German lingerie retailer Liaison-Dangereuse.com.