News

 

New "anti-spam" rules across Canada

Monday Feb 04, 2013
  The new "anti-spam" rules announced by the federal government raise concern for businesses and organizations across Canada, according to today's newsletter from the CHAMBER. Canadian anti-spam legislation (CASL) and its regulations impact commercial electronic messages (CEMs) including all emails, SMS texts, and social media sent in a commercial context.

"This means that every business, association, club, charitable organization and foundation will need permission before sending an email or other CEM; these groups won't be allowed to use a CEM to request permission either. Organizations will also be required to maintain a database proving they have permission to send emails and other CEMs. The efforts needed to follow these regulations will be onerous and costly, as are the penalties for non-compliance", so the CHAMBER.

 

Amerikas Öl verändert die Welt

Thursday Jan 17, 2013
  Neue Gas- und Ölvorkommen machen die USA unabhängig vom Nahen Osten, heisst es in einem Artikel des SPIEGEL. Die Politik des Landes in der Golfregion werde das radikal verändern. Zu diesem Schluss komme eine vertrauliche Studie des Bundesnachrichtendienstes. China wäre der große Verlierer - Deutschland zähle zu den Gewinnern.

Klicken Sie hier für den gesamten online Artikel om SPIEGEL.

 

China plant riesigen Energie-Deal ... in Kanada

Tuesday Jul 24, 2012
  China sichert sich mit einem Schlag riesige Öl- und Gasvorkommen: Der staatliche Ölkonzern CNOOC will die kanadische Förderfirma Nexen für 15 Milliarden US-Dollar schlucken. So bekäme Peking Zugriff auf Energiereserven in Kanada, Nigeria, dem Golf von Mexiko und der Nordsee.

Der gesamte Artikel im Spiegel, click here.


 

'We Can't Sacrifice Democracy to Save the Euro'

Thursday Mar 01, 2012
  Germany's highest court delivered a possible setback to Chancellor Angela Merkel's efforts to rescue the euro by ruling that a secret committee meant to fast-track approval for bailouts was largely unconstitutional. German commentators mainly supported the court's ruling, arguing that democracy shouldn't be sacrificed in the fight to save the euro.

A ruling by the country's highest court has given the German parliament more authority in handling the euro crisis -- but the decision is potentially a blow to Chancellor Angela Merkel's ability to tackle the continent's debt problems.

Read the full article in the SPIEGEL, 29 February 2012 (please click HERE).

 

German Parliament Passes Euro Fund Expansion

Friday Sep 30, 2011
  Merkel Breathes Sigh of Relief

Chancellor Angela Merkel got the majority she needed as German parliament passed the expansion of the euro backstop fund, the EFSF. With fewer conservative renegades than feared, Merkel can breathe a sigh of relief. But with more difficult decisions approaching, the respite may not last.

German parliamentarians on Thursday approved the planned expansion of the European Financial Stability Facility (EFSF) with 523 voting in favor, 85 against and three abstentions.

The bill's passage is a vital step in euro-zone efforts to increase the fund's lending capacity from its current €250 billion ($338 billion) to €440 billion. Germany's share of guarantees for the fund will rise from €120 billion to €211 billion, though several other euro-zone parliaments must still vote on the expansion.

Click here for the full article in the Spiegel.

 

Rescuing the Euro

Thursday Sep 29, 2011
  The Fatal Mistakes of Berlin's Bailout Strategy

The German parliament is set to approve the expansion of the enormous euro rescue package next week. But this will be a fatal mistake. There is only one reasonable solution to Europe's debt crisis -- and it also happens to be much cheaper.


Click here for full article in Spiegel, 23 September 2011


 

German Economy Eclipses Pre-Crisis Levels

Monday May 16, 2011
  The German economy grew by a surprising 1.5 percent in the first quarter of 2011 and recorded its largest year-on-year growth since reunification. But the biggest European surprise was further south -- even the Greek economy is growing.

Economic crisis? What economic crisis? For Germany, at least, it would appear that the dark days of 2008 and 2009 are now history. According to numbers released on Friday by the Federal Statistics Office, the German economy grew by a surprising 1.5 percent in the first quarter of 2011 -- and the country's economic output has now exceeded the pre-crisis level of early 2008.

In comparison with the first quarter of 2010, the economic expansion was the largest year-on-year growth since reunification -- a plus of 5.2 percent. In the calendar year of 2010, the German economy grew by 3.6 percent.

Even more promising, the growth was not fueled entirely by exports. The Federal Statistics Office pointed to investments in the industrial and construction sectors as propelling growth. Domestic consumption, long an Achilles heel of the German economy, also drove expansion.

"The numbers prove that the German economy is gaining momentum again," said newly-minted Economy Minister Philipp Rösler in a Friday statement. "Germany is the economic engine among industrial nations, and not just in Europe."

Click here to read the rest of the article in SPIEGEL (13 May 2011).


 

German boom fuels inflation Angst

Tuesday May 03, 2011
  The German economic boom is fueling inflation, and prices are expected to keep rising because of Europe's one-size-fits-all monetary policy. The European Central Bank can't raise interest rates aggressively enough to curb German price pressures because that would hurt the weaker euro-zone economies.
More information, click here (SPIEGEL, 3 May 2011)

 

Appointments for Passport and Visa Applicants at Embassy in Vancouver

Thursday Apr 21, 2011
  Starting May 9, 2011 all passport and visa applicants must schedule an appointment! If you did not schedule an appointment in advance for your application, you have to expect long waiting times. The Embassy in Vancouver cannot ensure that your application may be accepted the same day.

Please use their online tool (no fees) to schedule your appointment for visa or passport applications: ONLINE APPOINTMENTS . Appointments may not be scheduled by phone.

After scheduling your appointment, you will receive a confirmation by e-mail. Please make sure that you are on time for your appointment.

Please also note that passports and visa may only be picked up on the following days (starting May 9, 2011):

For further information, pls click here.