Germany

Germany spends big to win $11 billion TSMC chip plant

TAIPEI/BERLIN, Aug 8 (Reuters) - Taiwanese chipmaker TSMC on Tuesday committed 3.5 billion euros ($3.8 billion) to a factory in Germany, its first in Europe, taking advantage of huge state support for the $11 billion plant as the continent seeks to bring supply chains closer to home.

The plant, which will be TSMC's (2330.TW) third outside of traditional manufacturing bases Taiwan and China, is central to Berlin's ambition to foster the domestic semiconductor industry its car industry will need to remain globally competitive.

Ban on Huawei expensive for German rail operator: der Spiegel

BERLIN, Aug. 6 (Xinhua) -- According to an internal company document obtained by the German news service Spiegel, it would cost the state-owned rail operator Deutsche Bahn up to 400 million euros (441 million U.S. dollars) if it had to replace all components supplied by Huawei in its infrastructure.

Europe’s economy grows a bit after months of stagnation. But rate hikes are weighing on businesses

FRANKFURT, Germany (AP) — Europe’s economy has grown modestly after months of stagnation, but higher interest rates designed to fight inflation are casting a shadow as they make it more expensive for households and businesses to borrow, invest and spend.

The 20 countries that use the euro currency and their 346 million people saw 0.3% growth in the April-to-June period, compared with the first three months of the year, the EU statistics agency Eurostat reported Monday.

Thousands protest against Germany's far-right AfD party

MAGDEBURG, Germany, July 29 (Reuters) - Thousands took to the streets to protest against the far-right Alternative for Germany (AfD) on Friday and Saturday as the party held a convention to choose its candidates for European parliamentary elections next year.

Protesters outside the conference venue in the city of Magdeburg waved banners with messages like "stand together against right-wing hate" or "Nazis out".

Germany: Migrant group suffers White racists attack on train

25 July 2023; MEMO: A group of migrants travelling on a train in Germany experienced a distressing and racist attack on Monday, perpetrated by supporters of the football club, Hansa Rostock, according to police, Anadolu Agency reports.

Around 20 Hansa Rostock supporters launched racial insults and physically attacked nine migrants, aged between 10 to 18 years old, during their journey from Rostock to Gustrow in northern Germany.

Germany: Climate talks chief, who also heads oil company, says world must ‘attack all emissions, everywhere’

BERLIN (AP) — The head of this year’s United Nations climate talks called Thursday for governments and businesses to tackle global warming by reducing greenhouse gas emissions in all regions and sectors if they want to stop the planet from passing a key temperature limit agreed on more than seven years ago.

Germany returns Egypt 40 artefacts ceased at Frankfurt airport

12 July 2023; MEMO: German authorities have handed over to Egypt more than 40 artefacts that were smuggled out of the country and discovered at Frankfurt airport, reports the Egypt Independent.

The artefacts came from Thailand and were on their way to the UK when they were seized, according to Khaled Galal, the Egyptian ambassador to Berlin.

Galal told the Egypt Independent that this is the fifth time Egyptian artefacts have been smuggled into Germany.

German government wants ex-minister to foot $267 million bill for a failed highway toll plan

BERLIN (AP) — The German government is considering whether it can make former Transport Minister Andreas Scheuer foot at least part of the quarter-billion euro compensation it has to pay a private company over a failed plan to introduce highway tolls.

German town swears in ex-Syrian refugee as its mayor

09 July 2023; MEMO: A German town has sworn in a former Syrian refugee as its mayor, in the first case of a German municipality voting in someone who had arrived in the country as a refugee.

At a municipal council meeting on Friday evening, former Syrian refugee Ryyan Alshebl took the oath as mayor of Ostelsheim, a town 30 kilometres from the southern city of Stuttgart.

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