A weekly round-up of news and happenings in German-American relations.
Business and Economics
The prospect of Britons voting to leave the EU next week fueled global market upheaval on Tuesday, with investors rushing for safety and sending the UK currency and stocks to their lowest levels in months. (Financial Times)
A vote to leave the European Union would diminish both Britain and Europe. (Economist)
As China looks to gear up towards a high-tech economy, it has set its sights on Germany’s well-placed firms. The rapid rise in foreign investment, stemming in part from the Chinese government, has caused concern. (DW)
The Conquest of the German Middle Class: Chinese investors are shopping for German companies. This raises fears about jobs and patents. But the reality is much friendlier—mostly. (WIWO)
Merkel presses China on investment rules as Li says no trade war. (Bloomberg)
Yields on the 10-year government debt of Germany sank below zero this Tuesday for the first time ever, a potent financial marker of Europe’s acute economic and political instability. (WSJ)
Foreign and Domestic Policy
NATO recognizes cyberspace as a new frontier in defense. (WSJ)
Germany’s new global role is explained by German Foreign Affairs Minister Frank-Walter Steinmeier. (Foreign Affairs)
Britain, Germany and the United States advanced plans on Tuesday to spearhead a new NATO force on Russia’s border from next year, and Russian President Vladimir Putin ordered snap checks on combat readiness across his armed forces. (Reuters)
The EU’s top diplomat in Turkey has resigned after a row with the government in Ankara over his criticism of its conduct in a landmark migrant deal. (BBC)
Germany on Tuesday joined Albania’s Western partners in calling for an end to delays in negotiations on reforming the judiciary, a condition for starting talks on joining the European Union. (NYT)
Society, Culture, & Politics
German laws protecting youth must also be applied to refugees. Concern is rising over the increase in cases of young girls being forced to marry before their arrival in Germany. (DW)
Concern about polygamy and underage marriage has risen recently, as Germany has been taking in a record number of migrants. (BBC)
An ex-Auschwitz guard is convicted in one of Germany’s last Holocaust trials. (Reuters)
Germany and Poland play to a scoreless draw in the Euro 2016. (Guardian)
Alexander Ritzmann’s FDP workshop on the role of propaganda in the radicalization of homegrown violent extremists is being held on June 28th at AICGS.
DAAD Fellow Justus Dreyling is presenting a seminar “Who Gets What and Why in International Intellectual Property Regulation” on June 29th at AICGS.
DAAD Fellow Thomas Hinz is presenting a seminar “Ethnic Discrimination in the Rental Housing Market in Germany” on June 30th at AICGS.