Why Germany Wants to Loosen Its Debt Brake
An incoming government wants to borrow much more to revamp the economy and rebuild the military. That means a change in the country’s Constitution — and its culture.
Read more at The New York Times
-
Germany’s parliament approves Merz’s €1tn spending plan
Chancellor-in-waiting uses outgoing Bundestag to loosen debt brake and unleash investments in defence and infrastructureFinancial Times - 5h -
How every German MP voted on reforming the debt brake
German MPs have voted to pass a motion to loosen the country’s strict borrowing rules, altering the constitution. The measure had been proposed by Friedrich Merz, the presumptive incoming ...The Guardian - 3h -
‘Germany is back’: Merz secures Greens’ support for defence spend boost
Backing of Greens is tantamount to approval of chancellor-in-waiting’s proposal to relax debt brake. Germany’s conservative chancellor-in-waiting, Friedrich Merz , has said he has secured the ...The Guardian - 4d -
German parliament passes historic debt reform, paving the way for higher defense spend
The reforms include changes to the debt brake rule and the creation of an infrastructure fund.CNBC - 5h -
Can Germany spend its way out of industrial decline?
Chancellor-to-be Friedrich Merz wants to expand investment in defence and infrastructure. The race to re-arm could be a much-needed boost for manufacturingFinancial Times - Mar. 8 -
Here's why banks don’t want the CFPB to disappear
The Consumer Financial Protection Bureau and its employees are in limbo after acting Director Russell Vought took over last month.CNBC - Mar. 10 -
Garlin Gilchrist on why he wants to be Michigan's next governor
Michigan Democratic Lt. Gov. Garlin Gilchrist has entered the crowded race to be the state's next governor. CBS News chief Washington correspondent Major Garrett spoke with Gilchrist about why he ...CBS News - 6d -
Germany's likely next leader seeks approval for huge defense and infrastructure package
Germany’s would-be next chancellor, Friedrich Merz, is asking lawmakers to allow the country to put “whatever it takes” into defense and to authorize an enormous fund for investment in its creaking ...ABC News - 10h -
Germany’s political upheaval and the transatlantic alliance’s uncertain future
Germany has emerged from its recent election with a grand coalition of the center-right CDU/CSU and the Social Democratic Party likely, but the rise of the far-right AfD party and its ...The Hill - Mar. 9 -
Why EU capitals are still arguing over more military aid to Ukraine
Also in this newsletter: why businesses want greater European tech independenceFinancial Times - 1d -
Germany’s Greens vow to block Merz’s flagship spending package
Party officials reject €500bn infrastructure fund plan and change to debt borrowing rules to fund defence spendingFinancial Times - Mar. 10 -
Long Covid is the pandemic’s dark shadow. Why does no one in power in Britain want to talk about it? | Frances Ryan
Five years after the first lockdown, millions of lives are still being ruined by this debilitating disease. You wouldn’t know it. Imagine a disease that can render its sufferers bedbound for years. ...The Guardian - 1d -
Why Alabama basketball was without its analytics team in SEC Tournament win over Kentucky
Alabama basketball had all it needed on the floor Friday to dispatch Kentucky from the SEC Tournament, but why didn't it have its analytics team?Yahoo Sports - 3d -
Swamp Notes: Why Trump may want a weaker dollar
The US currency is down. Does President Donald Trump and his team want it that way?Financial Times - 3d -
UK economy shrinks in January; stocks and euro jump on German debt deal – as it happened
UK economy unexpectedly contracts by 0.1% in January in blow to the chancellor ahead of spring statement; Friedrich Merz declares: ‘Germany is back’. Let’s look at the GDP figures in more detail.. ...The Guardian - 4d -
Germany votes for historic boost to defence spending
The move alters the German constitution, allowing the country to increase its military spending.BBC News - 5h -
‘It’s not because I want people to think I’m great’: Michael Sheen on paying off £1m of his neighbours’ debts
The actor grew up poor, got rich, then lost everything backing the 2019 Homeless World Cup. Now he’s giving away more of his money to help 900 total strangers. Doesn’t he think he’s done enough?. ...The Guardian - Mar. 10 -
What types of debt will a debt collector sue over?
Debt collectors make calculated decisions about what to pursue through the courts — and what not to.CBS News - 5d -
How to fix America’s broken healthcare system? Follow this country’s example.
Why copying Germany’s system would give Americans less costly, more efficient medical treatmentMarketWatch - Mar. 11 -
Here's why banks don't want the CFPB to disappear
For years, American financial companies have fought the Consumer Financial Protection Bureau — the chief U.S. consumer finance watchdog — in the courts and media, portraying the agency as ...NBC News - Mar. 10 -
Why does Trump want to close the Department of Education?
President Donald Trump is on his way to fulfill another campaign promise of dismantling the Department of Education. The battle over federal involvement in local education is one that’s been ...NBC News - 2d -
Bears OL Joe Thuney explains why he wanted to play for Ben Johnson
New Bears guard Joe Thuney said Ben Johnson's offense is what you want to be a part of.Yahoo Sports - 3d -
“Wanted to be so fast”- Fabrizio Romano reveals why Chelsea acted quickly on Quenda deal
Chelsea completed a shock move for Geovany Quenda on Friday and Fabrizio Romano has revealed why they acted so fast.The Blues agreed a deal worth around £40m for the 17-year-old Sporting Lisbon ...Yahoo Sports - 3d -
Why Southwest Airlines is changing its checked bag policy
Southwest Airlines is changing its "bags fly free" policy in hopes of attracting customers to sign up for the Southwest-branded credit card. CBS News' Janet Shamlian reports.CBS News - Mar. 11 -
Will a collection agency sue over a $5,000 debt?
Debt collectors have the right to sue you over unpaid debts, but they won't always take that route.CBS News - Mar. 10 -
6 debt management risks to know before enrolling
A debt management program is a smart debt relief option to consider, but there are downsides to know, too.CBS News - 1d -
Zelenskyy urges Trump to use ‘strength of America’ to force Moscow into ceasefire after US-Russia talks – Europe live
Ukraine president says pressure must be put on Russia after US president says talks between Witkoff and Putin were ‘productive’. Germany is close to unlocking the way to a massive increase in ...The Guardian - 4d -
Bundestag prepares to vote on historic borrowing package in key test for Merz
Likely next chancellor needs two-thirds majority to back €500bn infrastructure fund and relaxation of debt rules. Germany’s likely next chancellor is to face a key vote on plans to unlock a record ...The Guardian - 16h -
FAIR Plan secrets: Why California's insurer of last resort is so secretive (and why it could cost you)
There’s a lot we don't know about California's Fair Plan, and now people who don't have the insurance of last resort are on the hook for the FAIR Plan's debt. CBS New California Investigates "FAIR ...CBS News - 7h -
Shares of iRobot tank 30% after Roomba maker raises doubt about its survival
The Roomba maker faces mounting debt and sputtering revenue growth, as well as heightened competition from robotic vacuum makers based in China.CNBC - 6d -
The rise of pronatalism: why Musk, Vance and the right want women to have more babies
The movement unites ‘family values’ conservatives and tech bro rightwingers. Will this incoherent coalition hold?. In his first address to the United States after becoming vice-president, JD ...The Guardian - Mar. 11 -
If even Germany is embracing higher spending, why on earth can’t Labour? | William Keegan
Russia has pushed Europe into a quasi-Keynesian approach to the defence budget. Only Britain insists on cutting help to the sick to pay for security. As the president of the US provokes trade and ...The Guardian - 2d -
4 times credit card debt management is worth it (and 4 times it's not)
Credit card debt management isn't a magic solution, but it can be a powerful debt relief tool for the right person.CBS News - 6h -
Why Trump wants to bring aluminum production back to the U.S.
Aluminum is a "critical mineral" in the U.S. but the metal is largely produced in other countries, raising security concerns within the Trump administration.CNBC - 5d -
If other want Aaron Rodgers, why did the Jets cut him?
One team dumped him; up to three could be trying to sign him.Yahoo Sports - 1d -
Friedrich leads 4-man world bobsled title race as weather takes its toll on Lake Placid track
Germany’s Francesco Friedrich is well on his way to another world bobsled title. The second heat of the four-heat race was canceled — after it had been run in its entirety — Friday because of ...Yahoo Sports - 4d -
Why this CEO wants to give motherhood better PR: 'We want more options on the table'
Neha Ruch is the CEO and founder of Mother Untitled and author of "The Power Pause," which covers how moms can plan a career break and return to the workforce.CNBC - 6d -
How does the debt management process work?
Before you enroll in a debt management program, you need to know how the process differs from other options.CBS News - 4d -
Why was Mahmoud Khalil arrested and why is it such a big deal?
The Palestinian activist’s arrest has sent shockwaves through US civil society because of its apparent ramifications for immigration and free speech. Here’s what you need to know Continue reading...The Guardian - 4d
More from The New York Times
-
Putin Agrees to Avoid Ukraine Energy Targets in Potential Limited Cease-fire
In a call with President Trump, Russia’s leader agreed to pause strikes on energy infrastructure. Ukraine also appeared ready to accept a halt, though it fell short of the unconditional cease-fire ...The New York Times - 43m -
Elon Musk’s Role in Dismantling USAID Likely Violated Constitution, Judge Finds
It appears to be the first time a federal judge has acted to constrain Elon Musk, a top adviser to President Trump. The judge also ordered agency functions be partially restored, though that relief ...The New York Times - 38m -
Trump Administration Pushes Back Against Judge’s Orders on Deportations
The attacks on the judge, James E. Boasberg, elicited a rare public rebuke by Chief Justice John G. Roberts Jr., who essentially told critics to knock it off.The New York Times - 40m -
Who Is James Boasberg, the Judge Trump Wants to Impeach Over Deportation Flights?
President Trump has called for Judge Boasberg to be impeached after he ruled against the administration over the president’s efforts to use a law from 1798 to speed deportations.The New York Times - 2h -
Trump Tests Democrats’ Resolve to Oppose vs. Their Desire to Compromise
Leaders in the party appear to have a subtle but fundamental disagreement: Should they oppose President Trump at every turn, or try to find some common ground?The New York Times - 2h
More in Top stories
-
Louisiana Plans to Resume Capital Punishment With First Nitrogen Execution
Jessie Hoffman, 46, is scheduled to be put to death on Tuesday, the first execution in the state since 2010. “Justice will be dispensed,” the governor said.The New York Times - 10m -
FDA to increase testing for heavy metals in infant formula, RFK Jr. says
About one in five newborns in the U.S. start out on infant formula, making it a crucial source of nutrition.CBS News - 11m -
NASA Starliner astronauts begin 17-hour journey to splashdown off Florida coast
A four-member crew, including NASA astronauts Sunita "Suni" Williams and Barry "Butch" Wilmore, left the ISS early Tuesday on a SpaceX Dragon spacecraft.ABC News - 13m -
Harry's US visa records unsealed after drug claims
They are heavily redacted, and no details have been given as to what he put on his immigration form.BBC News - 14m -
LIVE: NASA Starliner astronauts to splashdown off Florida coast: ABC News Live
24/7 coverage of breaking news and live eventsABC News - 14m