Connect with us

World

Germany braces under collapsing government and looming Trump trade war

Published

on

Germany braces under collapsing government and looming Trump trade war

Join Fox News for access to this content

Plus special access to select articles and other premium content with your account – free of charge.

By entering your email and pushing continue, you are agreeing to Fox News’ Terms of Use and Privacy Policy, which includes our Notice of Financial Incentive.

Please enter a valid email address.

Having trouble? Click here.

With the re-election of former President Donald Trump to the White House and the collapse of the coalition government under German Chancellor Olaf Scholz, Germany is bracing for an economically and politically dubious time. 

From the campaign trail, Trump pledged to increase import tariffs on friends and foes alike under the “Trump Reciprocal Trade Act” which would increase all U.S. tariffs to match the taxes enforced by each corresponding country.  

Advertisement

“If India, China, or any other country hits us with a 100 or 200 percent tariff on American-made goods, we will hit them with the same exact tariff,” he outlined in his campaign agenda. “If they charge US, we charge THEM—an eye for an eye, a tariff for a tariff, same exact amount.”

Former President Donald Trump speaks to a rally crowd on Sunday, Oct. 6, 2024 at the Dodge County Airport in Juneau, Wisconsin. (Jovanny Hernandez/Milwaukee Journal Sentinel / USA TODAY NETWORK via Imagn Images)

GERMANY’S SCHOLZ REJECTS CALLS FOR NO-CONFIDENCE VOTE AS COALITION GOVERNMENT COLLAPSES

However, it is unclear if the president-elect still plans to push these specific tariff increases, as he has also suggested there should be a 10% tariff on imports from all countries, as well as 60% duties on imports from China, according to a Reuters report. 

China was not the only country in Trump’s crosshairs, as the now president-elect also referred to the European Union (EU) as a “mini China” and warned the bloc would have to pay up.

Advertisement

“They don’t take our cars. They don’t take our farm products. They sell millions and millions of cars in the United States,” he told supporters at an October rally in Pennsylvania. “No, no, no. They are going to have to pay a big price.”

Some economic experts have warned that increasing tariffs – which are paid by companies importing the goods, not by government entities – could lead to rising costs worldwide, including in the U.S., as well as further inflation.

A report earlier this month by the German Marshall Fund (GMF) pointed to findings by Germany’s Institute for Economic Research in Cologne that said the promised Trump tariffs are estimated to cost the country roughly $127 billion over the next four years. 

Olaf Scholz

German Chancellor Olaf Scholz leaves the Bellevue Palace in Berlin on Thursday, Nov. 7, 2024. (AP Photo/Ebrahim Noroozi)

FEDERAL MILITARY DRAFT AGENCY REPOSTS MESSAGE SUGGESTING US IS BECOMING 1936 NAZI GERMANY: REPORT

“Trump’s victory does not bode well for a Germany that is dependent on U.S. security and thrives on open markets,” the GMF said in its report on how the U.S. election will impact Germany. “And uncertainty in Europe’s largest economy is not ideal when the EU needs to find its place in a world in which the U.S. president is not expected to support the traditional, rules-based international order.”

Advertisement

However, it is not only Germany’s flagging economy that could spell uncertainty for Berlin’s international standing, as Scholz faces a vote of no confidence in January after he fired his Finance Minister Christian Lindner and his coalition government collapsed. 

A confidence vote is now set to be held in Germany on December 16 – which Scholz, given his minority status, is expected to lose. 

European Parliament drilling

European Commission President Ursula von der Leyen speaks during a debate at the European Parliament in Strasbourg, eastern France, on Jan. 17, 2024. (Frederick Florin/AFP via Getty Images)

The most likely next step will be for German President Frank-Walter Steinmeier to dissolve the parliament and call for elections which are not expected to be held on Feb. 23, 2025.  

The EU now stares down a potential trade war with the Trump administration while one of its leading nations, both geopolitically and economically, will essentially sit as a lame duck while Berlin waits to see who will be next to lead the country. 

Advertisement

German opposition leader Friedrich Merz – who could find himself the next German chancellor – said he intends to cut a deal with Trump.

In an interview with Stern magazine, Merz reportedly said, “In Germany, we have never really articulated and enforced our interests well enough, and we have to change that.

“The Americans are much more on the offensive. It shouldn’t end with only one side profiting, but rather with us making good arrangements for both sides,” Merz said according to a Bloomberg report on the interview. “Trump would call it a deal.”

Advertisement
Continue Reading
Advertisement
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

World

‘Yellowstone’ Season 5 Episode 13: Craziest Moments and Burning Questions, From Beth’s Strip Poker Gamble to Kayce’s Risky Tax Scheme

Published

on

‘Yellowstone’ Season 5 Episode 13: Craziest Moments and Burning Questions, From Beth’s Strip Poker Gamble to Kayce’s Risky Tax Scheme

SPOILER ALERT: This post contains spoilers from the Season 5, Episode 13 episode of “Yellowstone,” “Give the World Away” which premiered Sunday, Dec. 8 on Paramount Network.

It sure looks like “Yellowstone” is gearing up for one last rodeo, but the show keeps on giving to its audience: Jamie (Wes Bentley) is sniveling to another woman! Show creator Taylor Sheridan is ripped, shirtless and yammering about corndogs! Beth (Kelly Reilly) is angrily playing strip poker! Read on for our pithy rundown of the night’s events:

  • I’ve never understood if the Duttons are rich as hell or debtors with wild loans. The economics of ranch life don’t make any sense to me!
  • Jamie sitting around depressed in his underwear and yelling at the TV … shouldn’t you be running around scheming or shredding more documents?
  • Of course Beth has her brother saved in her phone as something profane.
  • Going back to the finance issue, Beth is flying private. How do they have the money to afford that?
  • I want Walker (Ryan Bingham) to comfort me after any future losses I have. His chat with Teeter (Jennifer Landon) is so soothing!
  • OK so with the fire sale of everything at the Yellowstone and Rip (Cole Hauser) telling Ryan (Ian Bohen) that everyone should find new work, I guess this really is the penultimate episode. Sadly, this show is ending with bit of a whimper.
  • Sheridan shows us a little more of his character Travis’ private life and he’s … a drinkin’, gamblin’, moderately irresponsible horndog? He seemed to be all business every other time we’ve seen him…
  • Oh, Travis’ girlfriend is played by Bella Hadid. How did she get mixed up in this show?
  • Beth has a lot of nerve asking Travis to help them without commission. I get that they’re on hard times, but you need to pay people for their work…
  • C’mon, Beth — at least stay for corndogs!
  • Welcome back, Christina (Katherine Cunningham). Long time no see.
  • Wow, Christina’s plan for Jamie to go on the offensive is actually pretty smart.
  • I’d definitely watch a prequel series following Young Rip and Young Travis.
  • These announcers are stars. Have them cover other events immediately, like the Olympics or Jake Paul’s fights.
  • Turnpike Troubadours? Great band! This sale is netting some real talent…
  • So the season finale (and final episode?) will be John Dutton’s funeral, right?
  • Beth’s solution to grief doesn’t sound too effective, but it’s very Beth!
  • Episode highlight: Beth’s brutal takedown of Aaron at the bar.
  • Poor Teeter. She did her best!
  • It’s hard to believe that Kayce (Luke Grimes) came up with this loophole idea. Isn’t it tax fraud of some kind?

Until next week, “Yellowstone” fans!

Continue Reading

World

South Korea imposes a travel ban on President Yoon over martial law declaration

Published

on

South Korea imposes a travel ban on President Yoon over martial law declaration

The South Korean Justice Ministry imposed an overseas travel ban against President Yoon Suk Yeol on Monday amid an investigation into allegations of rebellion and other charges over his short-lived martial law declaration.

Yoon had declared martial law last Tuesday, leading to special forces troops being deployed into the streets of Seoul and resulting in political protests.

On Saturday, Yoon escaped an opposition-led effort to impeach him, but the opposition parties pledged to issue a new impeachment motion against him this week.

Bae Sang-up, a Justice Ministry official, said at a parliamentary hearing that it banned Yoon from leaving the country after requests by police, prosecutors and an anti-corruption agency as they expand their investigations into the circumstances surrounding Yoon’s declaration.

SOUTH KOREA’S PRESIDENT YOON SURVIVES IMPEACHMENT ATTEMPT AFTER HIS PARTY BOYCOTTS VOTE

Advertisement

South Korean President Yoon Suk Yeol speaks at the presidential office in Seoul, South Korea, Saturday, Dec. 7, 2024. (AP)

A senior National Police Agency officer told local reporters on Monday that police could also detain Yoon if conditions are met.

A sitting South Korean president has immunity from prosecution while in office, but that does not include protecting him from allegations of rebellion or treason.

Former President Park Geun-hye was thrown out of office in 2017 after being impeached by parliament over a corruption scandal. Prosecutors failed to search her office and ended up receiving documents outside the compound because presidential officials refused them entry.

After refusing to meet with prosecutors during her time in office, Park was questioned and arrested after the Constitutional Court approved her impeachment and ruled to dismiss her as president in March 2017.

Advertisement

SOUTH KOREAN PRESIDENT APOLOGIZES FOR DECLARING MARTIAL LAW AHEAD OF IMPEACHMENT VOTE

candlelight vigil

People hold candles during a candlelight vigil against South Korean President Yoon Suk Yeol in Seoul, South Korea, Wednesday, Dec. 4, 2024. (AP)

The main opposition Democratic Party called Yoon’s martial law declaration “unconstitutional, illegal rebellion or a coup.” The party has filed complaints with police against at least nine people, including Yoon and his former defense minister, over the rebellion allegations.

South Korean prosecutors detained former Defense Minister Kim Yong Hyun on Sunday for allegedly recommending that Yoon declare martial law, making him the first person detained in the martial law case.

The Defense Ministry last week separately suspended three top military commanders over their alleged involvement in imposing martial law.

Yoon, a conservative, apologized on Saturday for the martial law declaration, saying he will not seek to avoid legal or political responsibility for the motion. He said he would allow his party to lead the country through its political turmoil, including matters related to his term in office.

Advertisement
South Korea's Yoon

South Korean President Yoon Suk Yeol speaks during an interview at the presidential office in Seoul, South Korea, Tuesday, Jan. 10, 2023. (AP Photo/Lee Jin-man)

In his martial law announcement on Tuesday night, Yoon called parliament a “den of criminals” bogging down state affairs and vowed to eliminate “shameless North Korea followers and anti-state forces.”

Yoon’s martial law decree only lasted six hours because the National Assembly, including some members of Yoon’s governing People Power Party, voted to reverse it, forcing Yoon’s Cabinet to lift it.

Governing party leader Han Dong-hun said Sunday his party will push for Yoon’s early and orderly exit from office in a way that minimizes social confusion and that Yoon will not be involved in state affairs, including foreign policy.

During a Monday briefing, the Defense Ministry said Yoon maintains control of the military, which the constitution explicitly reserves for the president.

Advertisement

The Associated Press contributed to this report.

Continue Reading

World

Did toxic algae kill hundreds of elephants in Botswana?

Published

on

Did toxic algae kill hundreds of elephants in Botswana?

An investigation into the sudden deaths of at least 350 elephants in Botswana in 2020 has revealed the cause was almost certainly a “toxic brew” of open water tainted by a species of cyanobacteria that released cyanotoxins, essentially contaminating the elephants’ watering holes.

According to researchers, approximately 20 watering holes in Botswana’s Okavango Delta had been contaminated across roughly 6,000sq km (2,316 square miles).

So what happened, and how?

What is cyanobacteria and how does it harm elephants?

Although not all cyanobacteria, commonly referred to as blue-green algae, is toxic, some cyanobacteria can produce a type of deadly algal blooms (HABs) in standing water. This is the type which was discovered in the investigation carried out by researchers at King’s College London.

The study showed that the African elephants (Loxodonta africana) died in May and June 2020 after drinking from water holes contaminated with these toxic algal blooms.

Advertisement

“Scientists believe that the production of cyanotoxins is related to certain environmental triggers, for example, sudden rise in water temperature, nutrient loading, salinity,” Davide Lomeo, Earth observation scientist at King’s College London, a collaborator with Plymouth Marine Laboratory and the Natural History Museum in London, and lead researcher in the recent study, told Al Jazeera.

How did the elephant deaths come to light?

In early to mid-2020, a series of routine aerial surveys conducted by helicopter by the conservation organisation, Elephants Without Borders, revealed multiple elephant carcasses scattered across the landscape of the Ngamiland district of northern Botswana.

The aerial survey showed 161 elephant carcasses and 222 sets of bones, while also counting 2,682 live elephants throughout the eastern region of the Okavango Panhandle. In addition, the distance between the dead elephants indicated the deaths had been sudden, rather than gradual.

“The strong clustering of carcasses also suggests that the event was sudden, with limited dispersal of elephants prior to death,” the authors of the study said.

A combination photo shows dead elephants in Okavango Delta, 2020 [Handout via Reuters]

How did researchers identify toxic algae as the cause of death?

Before researchers confirmed it was toxic algae which killed the elephants, they had to rule out several other probable causes.

Advertisement

“Although this area is a known poaching hotspot in Botswana, this was ruled out since elephant carcasses were found with tusks intact,” the authors of the study said.

Other initial theories included virulent and bacterial causes, such as encephalomyocarditis virus or anthrax, but the evidence taken from the field – such as the age of the dead elephants and the absence of any clinical signs of disease, meant the researchers ruled these out as the cause.

The distribution of carcasses and bones suggested a unique “spatial pattern”, which indicated that localised factors may have played a role in the mass die-off. This led to further exploration of specific environmental and ecological conditions in the affected areas.

There were several other factors that served as evidence that the elephant watering holes were to blame. Using satellite photos, researchers measured the distance the elephants walked after they drank from the watering holes – an average of 16.5km (10.2 miles). Many of the elephants died shortly thereafter, roughly 3.6 days (88 hours), after they drank from the nearby contaminated water holes.

The report states that 88 hours aligned with previously reported toxicological timelines for other large mammals which have died from blue algal poisoning.

Advertisement

In addition, Lomeo’s previous body of doctoral work investigating the history of mass-mortality events and water quality in waterbodies in Africa served as evidence to further look into the theory of water hole contamination.

“This event was what led to this idea, since it was a well-covered news at the time, but no one really knew why they died. I then applied my skills in geospatial and computational data science to investigate the event under a well-known set of methods typically applied in epidemiological investigations (eg COVID-19),” explained Lomeo.

algae
Blooming blue-green algae caused by cyanobacteria in water bodies, rivers and lakes can be poisonous for animals [Shutterstock]

What is still unknown about the elephant deaths?

It is impossible to measure the level of toxicity for each waterhole from aerial photos. In addition, it is unclear whether elephants drank from one watering hole or several, according to researchers.

“It is highly likely that they drank from multiple pans before their death. It cannot be established if the fatal intoxication occurred in a single drinking event, but it seems more plausible that if cyanotoxins were present and were the cause of the die-off, this was through toxins bioaccumulation in elephants’ organs,” stated the study.

Although it is clear that the toxic waterholes were the likely source of the elephants’ mass mortality, there remains some uncertainty about the findings due to the timing of the mass die-off.

“The event occurred during the COVID-19 movement restrictions, and timely intervention was not possible. Therefore, tissue samples [which would have confirmed the presence/ absence of cyanotoxins] were not collected. Post-mortem investigations also need to be done within a certain timeframe, beyond which samples would be too degraded. Additionally, cyanotoxins cannot be detected from satellites, so the links can only be but indirect,” Lomeo explained.

Advertisement

As the aerial data was collected considerable time after the deaths in March and May 2020 – researchers could not definitively rule out the involvement of other animals in the elephant deaths.

Furthermore, smaller creatures may have been missed in the aerial survey, potentially limiting scientists’ understanding of the full scope of the incident.

“The area is well-known for very high predation rates, meaning that animal carcasses disappear quickly because of scavengers like hyenas and vultures. Hence, the involvement of other animals cannot be ruled out,” Lomeo said.

The specific conditions that would produce the level of toxicity in a watering hole that would be lethal to surrounding animal species are also still unknown.

“There is still uncertainty. We know that certain cyanobacteria species are more likely to produce cyanotoxins, and we know which toxins each species typically produces,” said Lomeo.

Advertisement

According to the research, cyanotoxins exhibit significant variations in their potency and effects. Certain types are extremely toxic, capable of causing death even in very small concentrations. Others, while less immediately dangerous, may still pose health risks at higher levels without necessarily being lethal. The field of cyanotoxin research remains active, with many aspects yet to be fully understood and explored.

Despite this, the overall findings of the study have been widely accepted. “The cause of the die-off has been officially attributed by the Government of Botswana to environmental intoxication by cyanobacterial toxins, also known as cyanotoxins,” the study’s authors said.

Could this happen again?

Although mass deaths of elephants are rare, researchers cannot be certain it will not happen again and that it will only affect elephants or land animals.

“[In] all arid systems where animals are dependent on stagnant water in lakes/ponds are susceptible to this [mass die-offs], the aquatic life in lakes also can be harmed in this same manner. We have even seen this in rivers and oceans where high nitrification from agricultural run-off combined with warming temperatures leads to disastrous bacterial blooms,” George Wittemyer, a behavioural ecologist at Colorado State University, one of the institutes involved in a study in Kenya that revealed that elephants use individual names, told Al Jazeera.

While it was relatively easy for researchers to identify the elephant carcasses from the air due to their size, the sudden deaths of smaller animals might not be so easy to identify.

Advertisement
Continue Reading

Trending