after this choice we will have a lot to forgive ourselves, for example trivial trials and curiosity for trivialities. Many had failed, including the journalists, recognizes Peter Unfried in the “Taz”: “The depoliticizing escalation on individuals and their supposed character has also ruined this election campaign again.” Sebastian Dullien, head of the Institute for Macroeconomics and Business Cycle Research (IMK) thinks it should be asked: “Do the media and civil society make sufficient demands on the parties?”
The parties’ election manifestos were full of promises, “but it remains completely unclear how all of this will be financed,” he says in the Handelsblatt dispute. Nobody talks about the “double investment gap” that exists both with private individuals and with the state, explains his opponent Michael Hüther, director of the employer-related institute of German business: “It can’t be anything like this with the much-invoked climate neutrality.”
In terms of content, the two economists are far apart, especially when it comes to the question of the minimum wage. For Dullien, the increase to twelve euros demanded by the left-wing camp results in more productivity and income: “Everything is good for growth.” Michael Hüther, on the other hand, argues: “This pulling yourself out of the swamp by yourself only works in The Munchausen Theory. ”This issue is a matter for the minimum wage commission of employers and trade unions, who have pacified the topic:“ Why do you want to endanger that? ”Incidentally, both are calling for a new type of governance, for which Hüther specifically set up a matrix organization with the Cross-cutting issues of digitization and climate protection suggests: “The Chancellery must lead more than before, out of the mere moderation role.”
Top jobs of the day
Find the best jobs now and
be notified by email.
The question remains: whether candidate Armin Laschet, whom Angela Merkel gave campaign support in Stralsund yesterday evening for a change, who also sees it that way?
Pent-up demand after the pandemic, digitization, ecological restructuring and huge profits – these are the main reasons why companies around the world are increasing their investments. In 2021 – after a dull decade – there will probably be an increase of 13 percent to 3.1 trillion euros, our cover story reports. Of all the corporations, online giant Amazon is spending the most money on future projects with a good 37 billion euros, followed by Samsung from South Korea and Petrochina with a good 31 billion each. In Europe, the Deutsche Telekom is noticeable, which is increasing its investments by a proud 70 percent to almost 22 billion euros. An old saying, occasionally attributed to Aristotle, says: “We cannot change the wind, but we can set the sails differently.”
Joe Biden, US President for nine months, is picking up protectionism in day-to-day business where Donald Trump left off. And thanks to the submarine alliance of his country with Australia and Great Britain against China, he has set new standards of armament, bypassing the duped EU. Unlike his predecessor, Biden also understands the diplomatic keyboard in the midst of tough gunboat politics.
In his speech at the beginning of the UN General Assembly, he pleaded not to strive for “a world divided into rigid blocks”. Although the USA is ready to “compete” with other nations, it is not striving for a “new Cold War”. He promised to double the annual climate aid to help poorer countries. UN Secretary General Antonio Guterres had previously sounded the alarm: “We are on the edge of the abyss and we are moving in the wrong direction. Our world has never been in greater danger and never more divided. ”He even called the unequal distribution of vaccines against Corona an“ obscenity ”.
Today Federal Minister of Health Jens Spahn is meeting with his colleagues from the federal states. The content of a draft for these deliberations, which our editors distributed, caused quite a stir. Thereafter, it is under discussion to generally cancel compensation for loss of earnings due to ordered quarantine for unvaccinated people from October 11th.
The Federal Infection Protection Act already provides for such a measure if isolation through a recommended vaccination could have been avoided. Spahn has shown his sympathy for such a bad position of non-vaccinated people. The social association VdK rejects it. President Verena Bentele: “The loss of earnings in a quarantine must be paid regardless of the vaccination status.” Without incentives or sanctions, a higher vaccination rate will probably not work.
There is so much money circulating in the tech industry for acquisitions that critics hold their breath as to which deals are likely to come. Zoom Video Communications plans to buy an American call center company called Five9 operated in the cloud for an impressive 14.7 billion dollars. A special body of the US Department of Justice is examining the connection between Zoom and China.
The 2.1 billion dollars that Google invested in the “St. John’s Terminal ”in southwest Manhattan. So far, the internet company has only been a tenant there – and now wants to show with lots of bundles of money that home office is nice, but not everything.
And then there is Maike Kohl-Richter, 57, an economist and, above all, the self-appointed overall guardian of the legacy of former Chancellor Helmut Kohl. Shortly before the federal election, she is holding out through her lawyers to take legal action against the state Chancellor Helmut Kohl Foundation, which has been in existence since Tuesday and whose board of trustees ex-Union parliamentary group leader Volker Kauder appears. First, according to the widow, the CDU donation affair, which damaged the reputation of the Rhineland-Palatinate politician, had to be dealt with completely.
The federal and state governments have “knowingly and deliberately” disregarded their rights as Kohl’s sole heir and the last will of the ex-chancellor, says Kohl-Richter about the new foundation. Instead, according to the idea, she prefers “to go her own way with a private Helmut Kohl Foundation”. The French philosopher Blaise Pascal was probably right: “A drop of love is more than an ocean of mind.”
I wish you an insightful day, with love and understanding.
I warmly greet you
you
Hans-Jürgen Jakobs
Senior editor
You can subscribe to the Morning Briefing here: