A weekly round-up of news and happenings in German-American relations. Business and Economics Volkswagen gets initial approval of $14.7 billion settlement with U.S. drivers. The auto maker plans to hire 250 to 300 people to work exclusively on the process. (WSJ) Registration for the new EU-U.S. data transfer agreement begins next month and companies need …Read More

A weekly round-up of news and happenings in German-American relations. Business and Economics Brexit is merely one more worry for Germany’s leading lender. (Economist) S&P Global Ratings on Tuesday lowered its credit outlook for Deutsche Bank AG to negative from stable. (WSJ) VW scandal reaches all the way to the top, lawsuits say. (NYT) Germany …Read More

President Obama noted in an interview with the Asahi Shimbun before his visit to Hiroshima that his presence was an example of reconciliation: “I will point out that Prime Minister Abe and I coming to Hiroshima together shows the world the possibility of reconciliation—that even former adversaries can become the strongest of allies.” Six weeks …Read More

Yoshibumi Wakamiya (1948-2016), prize-winning Japanese journalist and author who worked throughout a long and distinguished career to promote reconciliation between Japan and its neighbors, passed away on April 27 in Beijing, where he had been participating in track two dialogues on Northeast Asian historical problems. In February 2011, Wakamiya gave a keynote address at a …Read More

  The Japanese-Korean deal concerning “comfort women,” formulated by Japanese prime minister Shinzō Abe and South Korean president Park Geun-hye on 28 December 2015, included a pledge from Japan to provide 1 billion yen to finance a South Korea-based foundation that will support the women and girls coerced into providing sexual services to the military …Read More

The twenty-first century is a century that is and will be increasingly marked by changing patterns of interdependence, influence, and interests among states, regions, and non-state actors. The structures of global political economic and social interactions will become at once more interconnected, while also adjusted to account for the changing equations of power, legitimacy, order, …Read More

Introduction In 2011, EU Trade Commissioner Karel de Gucht stated that “America and Europe may often bicker, but in the end we know we are each other’s partner of choice.” The same is often applied to the German-American relationship. We take it for granted just as much as we take our knowledge of each other—our …Read More

A delegation of business leaders, led by German economics minister Sigmar Gabriel, visited Iran in July, just weeks after the U.S. and Iran reached a nuclear deal. Although some are skeptical of the deal and Iran’s desire to fully cooperate, several German corporations see the thaw in relations—and subsequent visit—as a reason for optimism from …Read More

Celebrating the 25th anniversary of German unification, Richard Fisher, former President and CEO of the Federal Reserve Bank of Dallas and an AICGS Trustee, sits down with AICGS President Dr. Jackson Janes to share his views of Germany’s evolved leadership role in Europe and the importance of maintaining a strong German-American relationship to navigate challenges …Read More

This week’s successful conclusion of the Trans-Pacific Partnership (TPP) negotiations is a major historical milestone. It is the first part – along with the Transatlantic Trade and Investment Partnership (TTIP) – of the U.S. Administration’s strategy to create updated rules for the global economy that take account of important new phenomena like global value chains, …Read More

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