A threat to close the Yallourn coal-fired power station earlier than planned has some asking whether Australia should look to Germany as a model for transition.

Johannes Frerck was a friendly man who sold sausages and sauerkraut from his Darlinghurst shop he was also a staunch supporter of Adolf Hitler and branded a spy who threatened Australia's security.

German Marquez struck out 10 and David Dahl crushed a grand slam as the Rockies clobbered the Padres, 8-0, on Tuesday at Petco Park.

MSE Junior Katie Daehn talks about her summer research internship in Germany. Having lived in Columbus my whole life, living in Germany for 12 weeks with a DAAD RISE scholarship was a hugechance for growth, both technically and personally. I left everything that was comfortable and familiar and headed on my own to Jena, Germany […]

You may have seen the news reports this week that German prosecutors have issued an arrest warrant for Dmitry Badin for a massive hack of the German Parliament that made headlines in 2016. The reports about the German arrest warrant all mention that German authorities "believe" that Badin is connected to the Russian GRU and its APT28 hacking group.

The folks over at Bellingcat have done their open source intelligence investigation thing, and provided a ton of evidence to show that Badin almost certainly is part of GRU... including the fact that he registered his 2018 car purchase to the public address of a GRU building. This is not the first time this has happened. A few years back, Bellingcat also connected a bunch of people to the GRU -- including some accused of hacking by the Dutch government -- based on leaked car registration info.

There's much, much more in the Bellingcat report, but the final paragraph really stands out. Bellingcat also found Badin -- again, a hacker who is suspected in multiple massive and consequential hacks, including of email accounts -- didn't seem to be all that careful with his own security:

The most surreal absence of “practice-what-you-breach” among GRU hackers might be visible in their lackadaisical attitude to their own cyber protection. In 2018, a large collection of hacked Russian mail accounts, including user name and passwords, was dumped online. Dmitry Badin’s email — which we figured out from his Skype account, which we in turn obtained from his phone number, which we of course got from his car registration — had been hacked. He had apparently been using the password Badin1990. After this, his email credentials were leaked again as part of a larger hack, where we see that he had changed his password from Badin1990 to the much more secure Badin990.

Yes, the password for at least one of his email accounts... was apparently his own last name and the year he was born. The cobbler's kids go shoeless again.

Apple today announced that it will begin reopening its retail stores in Germany on May 11, nearly two months after they were closed due to the global health crisis.


In a statement shared with German website Macerkopf, Apple said the stores will initially be focusing on Genius Bar service and support. Enhanced health and safety measures will be implemented, such as body temperature checks prior to entry, limits on how many customers can be in the store at once, social distancing, and reduced hours of operation.

Apple operates 15 retail stores in Germany and will be posting specific hours of operation for each location on its website.

Apple closed all of its retail stores outside of the Greater China region in mid-March. The company has since started to reopen some locations, including in South Korea, Austria, and Australia. All locations in the United States remain closed.

Architecture firms Jurek Brüggen and KOSA architekten teamed up to design Haus am See — German for “House by the Lake” — a minimalist home crafted for seasonal living. Located on the highest point of Werder Island near the border of Germany and Poland, the contemporary residence has been deliberately stripped down to a restrained palette of exposed concrete and wood in striking contrast to its more ornate neighbors.[...]

Amid the current public health crisis, hospitals and grocery stores have a growing demand for more security personnel. The guards will help to limit access to buildings -- and stop possible fights over goods.

The head of Angela Merkel’s Chancellery has warned that people’s behavior this weekend will be pivotal in determining whether strict shelter-in-place curfews are imposed in Germany to control the spread of the coronavirus.

The German health-care system is considered one of the best in the world. But the coronavirus is mercilessly exposing its weaknesses, with some hospitals already facing difficulties. Can Germany prevent the kind of collapse seen in Italy?

Germany's federal and state governments have agreed to further tighten restrictions on public life. Here's an overview of what's now allowed and what's not.

The German cabinet on Monday agreed to an unprecedented aid package to prop up the country's economy as the coronavirus pandemic takes hold. Parliament is set to approve the package later this week.

The German chancellor is staying home after being exposed to a doctor who tested positive for the coronavirus. A first test came back negative, but Merkel will keep governing remotely for the time being. What does Germany's line of succession look like, and who would jump in if Merkel gets sick?

Drägerwerk is a world leader in the production of ventilators. In an interview, company head Stefan Dräger, 57, discusses the challenges of keeping up with current demand as the corona crisis accelerates.

Every day, tens of thousands people in Germany seek to get tested for the novel coronavirus. Often, though, they run up against a lack of testing capacity. And it is likely to only get worse. By DER SPIEGEL Staff

The German government failed to obtain enough protective masks for the country. That's one of the reasons Germany has so far refused to require its citizen's to wear them in public. But those facial coverings could be critical in lifting restrictions on public life.

All of Germany is looking forward to Easter this year, with hopes that the government will soon be able to loosen coronavirus restrictions. But will it? And if so, which ones? By DER SPIEGEL Staff

The German government's rejection of eurobonds is selfish, small-minded and cowardly. Existing mechanisms will not be enough to contain the crisis we are facing. We need to act now.

In an interview with DER SPIEGEL, German Foreign Minister Heiko Maas, 53, criticizes the U.S., China and Hungary for their handling of the coronavirus pandemic. He also promises not to abandon Italy and explains why he doesn't want to say that he's actually in favor of corona bonds.

Clouds are gathering on the horizon of the global economy and the risk of a recession is growing. Many experts believe that the international banking system is unprepared and Germany has begun getting ready for the worst.

In an interview, Arne Schönbohm, 49, the head of Germany's Federal Office for Information Security, discusses the potential danger posed by Huawei, why he thinks it is "manageable" and the general state of IT threats in Germany.

Freelancers and small companies are getting hit especially hard by the corona crisis. DER SPIEGEL has learned that the federal government is planning a massive financial aid package. It would mark the end of Germany’s balanced budget policy.

Am I required to work if I can't find alternative childcare with daycare centers now closed? Will I still get my salary? What happens to my health insurance? Answers to the most pressing questions about labor law in times of the coronavirus.

The corona crisis has hit the German economy at full force. Already, 470,000 applications have been filed for a German government subsidy that prevents employees from getting laid off, 20 times more than the previous record during the 2009 financial crisis.

German carmakers are going to have to open up their factories and car dealerships again soon – otherwise they could face a widespread collapse. And that would be disastrous for the German economy.

The European Union's top court has said it alone has the power to decide whether EU bodies are breaching the bloc's rules, in a rebuke to Germany's highest court, which this week rejected its judgment approving the ECB's trillion-euro bond purchases.

Monday's planned resumption of racing in Germany has been delayed, with the opening eight-race card at Dortmund postponed.

Racing in Germany will restart at Hanover on Thursday after being given clearance from the authorities.

Majestic Colt landed the first Listed prize of the German season as racing sparked back to life at Hanover on Thursday.

Brandt fled his native Germany for Norway after the rise of the Nazis in the 1930s. Returning after the war, he became involved in politics and, in 1969, was elected chancellor of the Federal Republic of Germany. As chancellor, he greatly improved relations with East Germany, the Soviet Union, and Poland, and in 1971 he received the Nobel Peace Prize. In 1974, he was forced to resign after an embarrassing scandal in which one of his close aides was exposed as what?

A second-generation surivivor whose grandparents died in the Holocaust blasts a newspaper publisher for comparing coronavirus restrictions to Nazi Germany.

Shapira burst into Germany’s consciousness on New Year’s Eve 2015, when several Arab men beat him on a Berlin metro train because he had objected to their singing anti-Israel and antisemitic chants.

Tensions boiled over this month when a Porsche Macan jumped a curb in central Berlin and plowed into a crowd of pedestrians, killing four.

TWO of Germany's local authorities will bring back certain lockdown measures in some areas following an increase in infections after the government's easing of restrictions.

TWO of Germany's local authorities will bring back certain lockdown measures in some areas following an increase in infections after the government's easing of restrictions.

GERMANY is worried about the possibility of a hard Brexit as trade negotiations between the UK and the EU have so far resulted in very little progress.

The Western world remains where it has been for some time, delicately poised between anaemic recovery and a shock that could tip us back into economic contraction.

Perhaps the most conspicuous manifestation of the instability is that investors can't make up their minds whether the greater risk comes from surging inflation that stems largely from China's irrepressible growth or the deflationary impact of the unsustainable burden of debt on peripheral and not-so-peripheral eurozone (and other) economies.

And whence do investors flee when it all looks scary and uncertain, especially when there's a heightened probability of specie debasement - to gold, of course.

Unsurprisingly, with the German finance minister, Wolfgang Schauble, implying that a writedown of Greece's sovereign obligations is an option, and with consumer inflation in China hitting 5.4% in March, there has been a flight to the putative safety of precious metal: the gold price hit a new record of $1,480.50 per ounce for June delivery yesterday and could well break through $1,500 within days (say the analysts). Silver is hitting 30-year highs.

In a way, if a sovereign borrower were to turn €100bn of debts (for example) into an obligation to repay 70bn euros, that would be a form of inflation - it has the same economic impact, a degradation of value, for the lender. But it is a localised inflation; only the specific creditors suffer directly (though there may be all sorts of spillover damage for others).

And only this morning there was another blow to the perceived value of a chunk of euro-denominated sovereign obligations. Moody's has downgraded Irish government debt to one level above junk - which is the equivalent of a bookmaker lengthening the odds the on that country's ability to avoid controlled or uncontrolled default.

Some would say that the Irish government has made a start in writing down debt, with the disclosure by the Irish finance minister Michael Noonan yesterday that he would want to impose up to 6bn euros of losses on holders of so-called subordinated loans to Irish banks.

But I suppose the big story in the eurozone, following the decision by the European Central Bank to raise interest rates, is that the region's excessive government and bank debts are more likely to be cut down to manageable size by a restructuring - writedowns of the amount owed - than by generalised inflation that erodes the real value of the principal.

The decision of the ECB to raise rates has to be seen as a policy decision that - in a worst case - a sovereign default by an Ireland, or Greece or Portugal would be less harmful than endemic inflation.

But is that right? How much damage would be wreaked if Greece or Ireland or Portugal attempted to reduce the nominal amount they owe to levels they felt they could afford?

Let's push to one side the reputational and economic costs to those countries - which are quite big things to ignore, by the way - and simply look at the damage to external creditors from a debt write down.

And I am also going to ignore the difference between a planned, consensual reduction in sums owed - a restructuring that takes place with the blessing of the rest of the eurozone and the International Monetary Fund - and a unilateral declaration of de facto bankruptcy by a Greece, Ireland or Portugal (although the shock value of the latter could have much graver consequences for the health of the financial system).

So the first question is how much of the impaired debt is held by institutions and investors that could not afford to take the losses.

Now I hope it isn't naive to assume that pension funds, insurance companies, hedge funds and central banks that hold Greek, or Irish or Portuguese debt can cope with losses generated by a debt restructuring.

The reason for mild optimism in that sense is that those who finance investments made by pension funds and insurers - that's you and me by the way - can't get their money out quickly or easily. We simply have to grin and bear the losses to the value of our savings, when the stewards of our savings make lousy investment decisions.

As for hedge funds, when they make bad bets, they can suffer devastating withdrawals of finance by their investors, as and when the returns generated swing from positive to negative. But so long as those hedge funds haven't borrowed too much, so long as they are not too leveraged - and most aren't these days - the impact on the financial system shouldn't be significant.

Finally, if the European Central Bank - for example - ends up incurring big losses on its substantial holdings of Greek, Portuguese and Irish debt, it can always be recapitalised by solvent eurozone nations, notably by Germany and France.

However this is to ignore the node of fragility in the financial system, the faultline - which is the banking industry.

In the financial system's network of interconnecting assets and liabilities, it is the banks as a cluster that always have the potential to amplify the impact of debt writedowns, in a way that can wreak wider havoc.

That's built into their main function, as maturity transformers. Since banks' creditors can always demand their money back at whim, but banks can't retrieve their loans from their creditors (homeowners, businesses, governments), bank losses above the norm can be painful both for banks and for the rest of us.

Any event that undermines confidence in the safety of money lent to banks, will - in a best case - make it more difficult for a bank to borrow and lend, and will, in the worst case, tip the bank into insolvency.

Which, of course, is what we saw on a global systemic scale from the summer of 2007 to the end of 2008. That's when creditors to banks became increasingly anxious about potential losses faced by banks from a great range of loans and investments, starting with US sub-prime.

So what we need to know is whether the banking system could afford losses generated by Greek, Irish and Portuguese defaults.

And to assess this, we need to know how much overseas banks have lent to the governments of these countries and also - probably - to the banks of these countries, in that recent painful experience has told us that bank liabilities become sovereign liabilities, when the going gets tough.

According to the latest published analysis by the Bank for International Settlements (the central bankers'central bank), the total exposure of overseas banks to the governments and banks of Greece, Portugal and Ireland is "just" $362.2bn, or £224bn,

Now let's make the heroic guess that a rational writedown of this debt to a sustainable level would see a third of it written off - which would generate $121bn (£75bn) of losses for banks outside the countries concerned.

If those loans were spread relatively evenly between banks around the world, losses on that scale would be a headache, but nothing worse.

But this tainted cookie doesn't crumble quite like that. Just under a third of the relevant exposure to public sector and banks of the three debt-challenged states, some $118bn, sits on the balance sheets of German banks, according to the BIS.

For all the formidable strength of the German economy, the balance sheets of Germany's banks are by no means the strongest in the world. German banks would not be able to shrug off $39bn or £24bn of potential losses on Portuguese, Irish and Greek loans as a matter of little consequence.

This suggests that it is in the German national interest to help Portugal, Ireland and Greece avoid default.

If you are a Greek, Portuguese or Irish citizen this might bring on something of a wry smile - because you would probably be aware that the more punitive of the bailout terms imposed by the eurozone on these countries (or about to be imposed in Portugal's case) is the expression of a German desire to spank reckless borrowers.

But as I have mentioned here before, reckless lending can be the moral (or immoral) equivalent of reckless borrowing. And German banks were not models of Lutheran prudence in that regard.

If punitive bailout terms make it more likely that Ireland, Greece or Portugal will eventually default, you might wonder whether there has been an element of masochism in the German government's negotiating position.

A barbecue pavilion and a rooftop wine and whiskey bar are in the works out back.

Jurgen Klinsmann steps down as Germany coach after two years in charge and is replaced by assistant coach Joachim Loew.

The Bundesliga will resume behind closed doors on Saturday 16 May - becoming the first European league to restart following the coronavirus shutdown.

A chronology of key events

Key facts, figures and dates

The UK's chief medical adviser says there's "a lot to learn" from Germany, so what has it been doing?