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- Taiwan takes fourth bronze at Olympics
Taiwan > National > National News The China Posts staff and CNAFriday, August 22, 2008 Taiwan bagged its fourth bronze medal when Sung Yu-chi beat Daniel Manz of Germany 4-3 in the men's division of the taekwondo 68 kg class at the Beijing Olympics
- Daimler, Foton Join Up In China
HONG KONG - In order to sell low-cost Chinese-made trucks in international markets, German automaker Daimler said Thursday that it had signed a letter of intent with Beiqi Foton Motor Co. to form a 50-50 joint venture in Beijing. The venture will
- US group buys German subprime casualty
US private equity group Lone Star is to take over IKB, the German bank rescued by state development bank KfW after falling victim to the subprime mortgage meltdown, KfW said Thursday. When US homeowners began defaulting on these home loans, these
- Lone Star buys IKB for less than €10 million
The price is far from the €800 million the German government had hoped to get from the sale of IKB Deutsche Industriebank, and does little to compensate for the billions of euros invested in IKB over the past year to keep it afloat.
- ROUND-UP: US retain Olympic crown with win over Brazil
Beijing - USA took Olympic gold Thursday with a 1-0 victory over Brazil. Germany earlier secured bronze by beating Japan. Brazil, boasting tournament leading scorer Cristiane with five goals and picking the same side for the third straight match went
- Germany IT institute in Stanford tie-up
rationThein Potsdam, Germany, a privately financed university-level institute that offers studies in IT systems engineering, andin California are to set up common research programme in Design Thinking.The programme, which will be financed by
- Third ship hijacked in a day off Somalia
An official says pirates have seized a German ship off the coast of Somalia, the third hijacking in a day. Noel Choong of the International Maritime Bureau says the German-operated cargo ship was seized Thursday in the Gulf of Aden off the Somalian
- Vivo maintains Brazil market lead, Claro, Oi gain
SMS roaming tariffs remain high in the Netherlands Dutch prepaid consumer spends EUR 14 per month Dutch Mobile Promotions 2008-Q2 Tele2 seeks buyers for German-language operations HTC Benelux taps budding smartphone market Western European
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As Western Europes richest and most populous nation, Germany remains a key member of the continents economic, political, and defense organizations. European power struggles immersed the country in two devastating World Wars in the first half of the 20th century and left the country occupied by the victorious Allied powers of the US, UK, France, and the Soviet Union in 1945. With the advent of the Cold War, two German states were formed in 1949: the western Federal Republic of Germany (FRG) and the eastern German Democratic Republic (GDR). The democratic FRG embedded itself in key Western economic and security organizations, the EC and NATO, while the communist GDR was on the front line of the Soviet-led Warsaw Pact. The decline of the USSR and the end of the Cold War allowed for German unification in 1990. Since then Germany has expended considerable funds to bring eastern productivity and wages up to western standards. In January 1999, Germany and 10 other EU countries formed a common European currency, the euro.
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AFP - Three ships -- German, Iranian and Japanese -- were hijacked by pirates off the Somali coast Thursday in an unprecedented series of attacks, a maritime watchdog said.
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