Winner of the day
Kerber helps Germany get over World Cup defeat
“Who is still talking about football?” asked Barbara Rittner of public television station ZDF. German sports fans may have mourned their country’s ignominious exit from the World Cup, but they got more than a consolation prize over the weekend as Angelique Kerber became the first German to win Wimbledon in 22 years, defeating Serena Williams 6-3, 6-3 on Saturday. German tennis has struggled to match the bygone glory of Steffi Graf and Boris Becker. But with Ms. Kerber now a three-time Grand Slam champion and Alexander Zverev knocking on the door in the men's draw, a new generation of fans might not be far behind. Source:
Number of the day
Deutsche finally surprises on the upside
It’s been a while since Deutsche Bank has been in the good graces of investors. Shares tumbled to a record low of around €9 per share last month as Germany’s largest bank struggled mightily to boost earnings and cut costs. On Monday, the bank finally gave shareholders something to cheer about: Deutsche said it would post net income of €400 million in the second quarter of 2018. That was well above the average prediction from analysts of around €159 million. Bank shares soared more than 7%.
Fallout of the day
Trans-Atlanticist Merz bashes Tichy’s populism
It’s not every day that one is awarded a major prize – and even rarer that one chooses to reject it. Friedrich Merz (pictured right) is a former chairman of Angela Merkel’s Christian Democrats and current head of the Atlantik Brücke (Atlantic Bridge) think tank. But he rejected an annual award by the Ludwig Erhard Stiftung, a storied foundation for German free marketeers. Past winners have included former chancellor Gerhard Schröder.
According to a letter from the jury, Mr. Merz said he didn’t want to share a stage with the foundation’s current head, Roland Tichy (pictured left), a journalist whose online portal “Tichy’s Einblick” critics charge with becoming too cozy with right-wing populists. Four jury members also resigned, complaining it’s not the first time Mr. Tichy’s views have led prominent politicians to decline an appearance at the foundation. Contacted by Handelsblatt, Mr. Tichy denied the rift. Mr. Merz was simply uncomfortable with receiving awards in general, he said. Aren’t we all? Source: DPA/Picture Alliance, Imago
Graphic of the day
Netflix chills in Germany
Online streaming is not-so-quietly outpacing traditional television around the world. It might be a slower process in Germany, but the trend is in the same direction. A 2018 survey found that 40 percent of Germans use streaming services at least once a week – up from 30 percent in 2017 and 22 percent in 2016. But move over, Netflix. Amazon Prime has the lion’s share of the German market.