Person of the day
Put your cars on the table
In a follow-up meeting with Transport Minister Andreas Scheuer on Monday, Daimler boss Dieter Zetsche (above) is expected to reveal how many diesel vehicles the company has equipped with emissions-cheating software. Mr. Scheuer threatened to fine the Mercedes-Benz maker up to €5,000 per car. This could total €3.75 billion ($4.4 billion) if as many as 750,000 vehicles are involved, newsmagazine Der Spiegel reported. Source:
Quote of the day
Merkel rules out a bluff
Speaking on a German chat show following the G7 summit in Quebec, Ms. Merkel left no doubt that the EU and Canada would make good on their promise to retaliate to Washington’s import tariffs on steel and aluminum. Last week, Brussels confirmed a list of US products that would become subject to higher import duties into the EU on July 1, including motorbikes, jeans and bourbon.
Photo of the day
A matter of perspective
Germany's government press office circulated a photo that showed Angela Merkel glowering at Donald Trump during last weekend's G7 summit in Charlevoix, Canada. Twitter lit up with dozens of memes poking fun of the situation, while the president's press office issued an image taken from a different angle, showing Mr. Trump ringed by state leaders and Ms. Merkel on the sidelines.
Reuters / Twitter
Graphic of the day
Annual figures for regional smartphone sales show that markets in Western Europe and developed Asia are clearly saturated, with average selling prices as much as three times higher than in emerging markets such as Eastern Europe or Latin America. Total world turnover continues to increase, however, as manufacturers shift to more expensive models.