Notizen Weekly for June 24, 2016

A weekly round-up of news and happenings in German-American relations.

Business and Economics

German banks exploited a legal loophole that allowed two parties to claim ownership of the same shares. (Reuters)

Volkswagen shareholders air grievances at their annual meeting. Management bonuses, sagging profits and an emissions scandal have all caused the company’s stock to plunge. (NYT)

The European Union wants to stem the flow of refugees to Europe using the new billion-investment. (FAZ)

Merkel loses patience with China’s shopping spree in Europe as it closes its own markets. (WSJ)

German court rejects legal challenge to ECB’s bond-buying program. The European Central Bank still faces four more lawsuits against its quantitative easing policy. (WSJ)

Foreign and Domestic Policy

Germany fears that a British exit could be “the beginning of the end of the EU.” (LAT)

Merkel wants Germany military budget boosted to counter “external threats.” (RT)

Merkel says Germany must spend more on defense. (Reuters)

German chancellor Angela Merkel welcomed Polish Prime Minister Beata Szydlo ahead of a joint cabinet session in Berlin. The two leaders discussed military tensions with Russia and the upcoming UK referendum. (DW)

Prime Minister David Cameron is to step down by October after the UK voted to leave the European Union. (BBC)

A sense of panic and disbelief rippled through Germany and across other European capitals early on Friday after Britain voted to leave the European Union. (LAT)

Society, Culture, and Politics

The influx of refugees in Germany has declined, though many refugee children continue to live in difficult conditions. (FAZ)

Germany through to final 16 after 1-0 win over Northern Ireland. (DW)

A masked gunman stormed a German cinema Thursday afternoon, taking hostages before he was killed by police. (CNN)

At AICGS

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 presents a seminar on technology, globalization, and their effects on 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.