Person of the day
Last day of work
In Angela Merkel's traditional Q&A session with journalists before summer break, one question addressed her relationship with Donald Trump: Could agreements with the US still be trusted? The German chancellor said “our familiar framework has come under tremendous pressure,” but cooperating is crucial. She also said if US tariffs on European cars cannot be averted, Europe should retaliate. Ms. Merkel welcomed Mr. Trump’s invitation to Russian President Vladimir Putin to come to DC. Source:
Quote of the day
Head to head
Echoing comments by Ms. Merkel, the head of the German Chambers of Commerce and Industry said the European Union should respond in kind if the United States decides to slap tariffs on imported cars. US auto duties would reduce German GDP by around €6 billion, Eric Schweitzer told public broadcaster ZDF. The levies would not only hit jobs in Europe but in the US as well, he said.
Picture of the day
German politicians are commemorating the failed bomb attack on Adolf Hitler 74 years ago, planned from army headquarters in Berlin, now known as the German Resistance Memorial Center. Claus Schenk Graf von Stauffenberg, left, planted a bomb at a meeting in modern-day Poland, but Hitler was only lightly injured. He and his accomplices were executed within hours of the failed assassination. Source:
© Gedenkstätte Deutscher Widerstand
Graphic of the day
Powerful and typically male
These five men are Germany’s most powerful non-executive directors, who have the power to hire and fire executives and drive strategy. The top 10 are only men, and all are former CEOs of DAX-listed firms, but the number of female and non-Germans is on the rise. Seven women are listed in the top 30, up from just three last year.