The Wall Street Journal & Breaking News, Business, Financial and Economic News, World News and Video
Search

Market Rally Loses Steam

A rally spurred by optimism over the U.S. economy and a rebound in commodity prices lost some steam Friday, as European shares and U.S. stock futures slipped.

China’s Turbulence Exposes Risks to Europe’s Growth

The eurozone’s heavy reliance on exports leaves the region vulnerable as emerging markets stumble.

Austria Says 71 Migrants Found Dead in Truck

Austrian police said 71 migrants were found dead in a truck off a highway outside Vienna and that three alleged human traffickers had been arrested in Hungary.

Fed Urged to Press Ahead With Rate Rise

After months of forewarning by the Federal Reserve that it is preparing to raise short-term interest rates, some international officials have a message: Get on with it already. 50

IMAGE 1 of 9

‘Craft’ Bourbon Is in the Eye of the Distiller

“Craft” distilleries have mushroomed in the U.S. to 588 from 51 over the past decade. Feeling the heat from the new competition, global liquor conglomerates are getting in on the act, and not letting definitions get in the way.

Hacker Killed by Drone Was Islamic State’s ‘Secret Weapon’

That Islamic State’s Junaid Hussain was targeted directly by the U.S. and U.K. shows the extent to which digital warfare has upset the balance of power on the modern battlefield. 79

Big Oil Faces Prospect of Lower Refining Profits

For much of the past year, the world’s biggest energy companies suffered through an oil-price rout with one silver lining: Their little-loved refineries were churning out big profits again. Now, that bright spot could be fading, even as oil prices sink.

Anger Over Garbage in Lebanon Blossoms into Demands for Reform

Calls for political reform, however, collide with country’s entrenched, sectarian-based political system.

Ukraine’s U.S.-Born Finance Minister Praised for Persistence

Natalie Jaresko led months of tense negotiations with creditors, clocking thousands of air miles to reach a debt-relief deal that should help secure further bailout funds from the International Monetary Fund.

Ex-Archbishop Dies Ahead of Vatican Child Abuse Trial

The former papal nuncio to the Dominican Republic, who was under house arrest on charges of child abuse and possession of child pornography, has died, according to the Vatican.

Swiss Economy Beats Expectations

Switzerland’s economy grew in the second quarter, defying expectations that it would slip into its first recession in six years.

Greece Names George Chouliarakis Interim Finance Minister

Greece named George Chouliarakis as the country’s interim finance minister, handing him control of the country’s purse strings until next month’s elections.

How Do You Short China?

Traders are scouring stock, bond and currency markets for ways to make money on the malaise afflicting China. Some are piling into insurance-like contracts that would pay out if the country defaulted on a small pool of its foreign-denominated bonds.

Soured Wagers Hurt Highflying Fund

Market turmoil in China has further derailed the money-management industry’s flagship effort to bring more-sophisticated—and riskier—investment strategies to small investors.

Heard on the Street

Stock Market Investors Should Watch the Credit Canary

The corporate bond market could give vital clues to equities investors about the outlook for growth and inflation.

China’s Banks Face Worst Year in More Than a Decade

China’s biggest lenders are scrambling to clear rising bad loans from their books, as a faltering economy weighs on loan repayments and sets banks on pace for their worst year since they began listing shares 13 years ago.

U.K. E-Cigarettes Report Blasted by the Lancet

A recent U.K. government report that called electronic cigarettes 95% less harmful than traditional cigarettes has been criticized by the Lancet medical journal for relying on “flimsy” evidence.

Sanctions Bite Massive Gas Project in Russian Arctic

A race to shore up funding for the $27 billion Yamal LNG energy project in the Russian Arctic has emerged as a test of Moscow’s ability to weather Western sanctions.

As China Celebrates Victory, Businesses Cope With Loss

Beijing ordered more than 10,000 factories to close or reduce output ahead of a high-profile military parade, crimping many businesses in the capital and leaving some workers without wages.

Hermès Warns of Currency Pressure

French luxury-goods company Hermès International warned that volatile currencies will erode its profitability in the second half of the year with profit seen rising more slowly than sales.

Mansion

A Swedish Couple’s Lakeside Oasis

Entrepreneur Olof Sköld and his partner, Helene Carson, build a retreat for their family

Technology

Pentagon Advances Partnership with Tech Firms for Flexible Electronics

The Pentagon is announcing that it will contribute seed money to a consortium of Silicon Valley firms to develop what defense officials say is a promising new technology incorporating “flexible” electronics.

China’s Moves Won’t Help U.S. Tech Firms

China’s moves to spur its slowing economy are having an important but less obvious effect on the tech sector: Strengthening local companies that were already making life difficult for U.S. rivals.

Video

Body Count Rises in Migrant Effort to Reach Europe

1:38

Buzz Aldrin Developing Plan to Colonize Mars

1:09

Facebook's 'M' Takes on Siri and Google Now

3:36

On Wine: Will Lyons

Why Gin Is Back With a Flourish

Gin is experiencing the kind of boom the wine industry experienced in the mid-1980s, as boutique-distilled bottles with names like Half Hitch, Opihr and Ransom Old Tom give the classic G&T a new—and flavorful—twist

Music

Foals’ ‘What Went Down’ Is a Visceral Confessional

Yannis Philippakis, the lead singer whose energetic stage presence and novelistic lyrics have made Foals one of British rock’s most compelling propositions, talks about the band’s fourth album.

WSJ Blogs

Real-time commentary and analysis from The Wall Street Journal
Die Seite Drei
Schnelle Analysen und Beobachtungen zum Zeitgeschehen

Lobbyismus ist eine Schattenpflanze

dapd

Groß war vor Weihnachten die Aufregung, als der Verdacht aufkam, dass die Apothekerlobby einen Spion in das Gesundheitsministerium eingeschleust hatte, der Nachrichten und Gesetzesvorlagen aus der Leitungsebene des Ministeriums heimlich mitlas. Gesundheitsminister Daniel Bahr war „stinksauer“, und die Staatsanwaltschaft ermittelte.

Jetzt sind wir im neuen Jahr – und die Sache dürfte schnell wieder in Vergessenheit geraten. Immer wieder bringt das anrüchige Gewerbe der Lobbyarbeit solche Fälle hervor – ein symptomatisches Problem sozusagen, denn Lobbyisten arbeiten an der Grenze zwischen legitimer Interessensvertretung und egoistischer Durchsetzung von Einzelinteressen. Und die Grenzübertretung ist dabei inzwischen fast zur Regel geworden, dabei ist die Grenze klar erkennbar. Doch scheint die Versuchung so groß zu sein, dass die Lobbyisten ihr immer wieder erliegen.

Eine legitime Interessenvertretung arbeitet auf einen Ausgleich von Interessen hin – und die Auseinandersetzung darüber findet in aller Öffentlichkeit statt. Eine Durchsetzung egoistischer Einzelinteressen muss dagegen das Licht der Öffentlichkeit scheuen – denn hier sucht eine einzelne Gruppe nach dem Vorteil auf Kosten der Allgemeinheit.

Doch verdeckte Lobbyarbeit darf es in der Demokratie nicht geben. Die heutige Praxis des Lobbyismus mit vertraulichen Gesprächen in Hinterzimmern, privilegierten Zugang zu Informationen und personellem Austausch zwischen Ministerien und Lobbyorganisationen verträgt sich ganz schlecht mit den Prinzipien der Demokratie.

Der angebliche Spion im Gesundheitsministerium ist ein skandalöser Fall, sicherlich – aber bei Lichte betrachtet ist der Alltag des Lobbyismus selbst der wahre Skandal. In der heutigen Ausprägung treibt Lobbyismus nur im Verborgenen und im Schatten seine Blüten; im hellen Licht der Öffentlichkeit muss er dagegen wie ein Schattengewächs unweigerlich verdorren.

Deshalb sollte größtmögliche Transparenz und völlige Öffentlichkeit der erste Gebot der Lobbyarbeit werden. Nur so lässt sie sich mit Demokratie versöhnen. Dann handelt es sich auch um eine legitime Interessenvertretung. In dieser Form wäre Lobbyarbeit sogar ein Dienst an der Demokratie selbst. Die leidet nämlich unter Schattengewächsen.

Kommentar abgeben

Wir begrüßen gut durchdachte Kommentare von Lesern. Bitte beachten Sie unsere Richtlinien.

Kommentare (1 aus 1)

Alle Kommentare »
    • Ich bin selbst seit kurzem Lobbyist aber in einem sehr technischen Gebiet, und das als studierter Designer.
      Das Lobbying, das hier kritisiert wird, mache ich sicher nicht - ich arbeite einfach nur in Fachgremien mit, um sachliche Diskussionen zu führen, und in Fachgremien zukünftige Normungen zu präzisieren.
      Wesentlich ist mir, dass in der Politik die Ziele, die durch Gesetze erreicht werden sollen, selbst in der Politik klar sind.
      Leider ist es aber so, dass viele Gesetze wider besseres Wissen gemacht, beschlossen und verabschiedet werden.
      Wenn es ein wenig mehr Verantwortung gegenüber dem Volk geben würde, dann könnten so Lobbyisten wie im Gesundheitswesen noch so viel wollen und wünschen - das Gesetz würde so ausfallen, wie es dem Volk zugutekommt.
      Wenn man aber den politischen Prozess so anschaut, wie da auf billigste Weise der politische Gegner bei irgendwelchen Gesetzen "eingekauft wird" ... dann ist es doch kein Wunder, das bei dieser Beliebigkeit schon innerhalb der politischen Klasse dann auch das Ohr für wie auch immer geartete Partikularinteressen wie den Apothekerverband oder ähnliches weit offen steht.
      Nach dem Motto: Wenn es doch eh egal ist, wie das Gesetz später aussieht, dann tu ich dem da (und mir selbst) villeicht noch einen Gefallen.

      Bei jeder Abstimmung müsste es Pflicht sein, gemeinsam einen Schwur im Parlament zu leisten:
      Der Text dieses Schwurs:
      "Diese Abstimmung wird ausschließlich zum Wohle des Volkes stattfinden. Ich bin gegenüber meinem Gewissen verpflichtet, dies zu verantworten und niemandem sonst. Jegliche Einflussnahme durch Lobbyinteressen habe ich zwar feststellen können, aber sie beeinflusst meine heutige Entscheidung nicht, denn ich bin nur dem Volk gegenüber verpflichtet, welches mich dafür gewählt hat."

      Wenn das so durchgführt werden würde ... hätten wir beispielsweise den aktuellen Bundespräsidenten schon knapp 600 Tage früher gehabt.

Die Seite Drei – Über uns

  • Schnell und kurz bringt „Die Seite Drei“ Einschätzungen, Hintergründe und Ergänzungen zu den Berichten des Wall Street Journal Deutschland. Hier bloggt die ganze Redaktion.

    Hinweise zu Themen, Anregungen und Ihre Fragen nehmen wir unter redaktion@wallstreetjournal.de entgegen.

The Wall Street Journal & Breaking News, Business, Financial and Economic News, World News and Video
Search

Market Rally Loses Steam

A rally spurred by optimism over the U.S. economy and a rebound in commodity prices lost some steam Friday, as European shares and U.S. stock futures slipped.

China’s Turbulence Exposes Risks to Europe’s Growth

The eurozone’s heavy reliance on exports leaves the region vulnerable as emerging markets stumble.

Austria Says 71 Migrants Found Dead in Truck

Austrian police said 71 migrants were found dead in a truck off a highway outside Vienna and that three alleged human traffickers had been arrested in Hungary.

Fed Urged to Press Ahead With Rate Rise

After months of forewarning by the Federal Reserve that it is preparing to raise short-term interest rates, some international officials have a message: Get on with it already. 50

IMAGE 1 of 9

‘Craft’ Bourbon Is in the Eye of the Distiller

“Craft” distilleries have mushroomed in the U.S. to 588 from 51 over the past decade. Feeling the heat from the new competition, global liquor conglomerates are getting in on the act, and not letting definitions get in the way.

Hacker Killed by Drone Was Islamic State’s ‘Secret Weapon’

That Islamic State’s Junaid Hussain was targeted directly by the U.S. and U.K. shows the extent to which digital warfare has upset the balance of power on the modern battlefield. 79

Big Oil Faces Prospect of Lower Refining Profits

For much of the past year, the world’s biggest energy companies suffered through an oil-price rout with one silver lining: Their little-loved refineries were churning out big profits again. Now, that bright spot could be fading, even as oil prices sink.

Anger Over Garbage in Lebanon Blossoms into Demands for Reform

Calls for political reform, however, collide with country’s entrenched, sectarian-based political system.

Ukraine’s U.S.-Born Finance Minister Praised for Persistence

Natalie Jaresko led months of tense negotiations with creditors, clocking thousands of air miles to reach a debt-relief deal that should help secure further bailout funds from the International Monetary Fund.

Ex-Archbishop Dies Ahead of Vatican Child Abuse Trial

The former papal nuncio to the Dominican Republic, who was under house arrest on charges of child abuse and possession of child pornography, has died, according to the Vatican.

Swiss Economy Beats Expectations

Switzerland’s economy grew in the second quarter, defying expectations that it would slip into its first recession in six years.

Greece Names George Chouliarakis Interim Finance Minister

Greece named George Chouliarakis as the country’s interim finance minister, handing him control of the country’s purse strings until next month’s elections.

How Do You Short China?

Traders are scouring stock, bond and currency markets for ways to make money on the malaise afflicting China. Some are piling into insurance-like contracts that would pay out if the country defaulted on a small pool of its foreign-denominated bonds.

Soured Wagers Hurt Highflying Fund

Market turmoil in China has further derailed the money-management industry’s flagship effort to bring more-sophisticated—and riskier—investment strategies to small investors.

Heard on the Street

Stock Market Investors Should Watch the Credit Canary

The corporate bond market could give vital clues to equities investors about the outlook for growth and inflation.

China’s Banks Face Worst Year in More Than a Decade

China’s biggest lenders are scrambling to clear rising bad loans from their books, as a faltering economy weighs on loan repayments and sets banks on pace for their worst year since they began listing shares 13 years ago.

U.K. E-Cigarettes Report Blasted by the Lancet

A recent U.K. government report that called electronic cigarettes 95% less harmful than traditional cigarettes has been criticized by the Lancet medical journal for relying on “flimsy” evidence.

Sanctions Bite Massive Gas Project in Russian Arctic

A race to shore up funding for the $27 billion Yamal LNG energy project in the Russian Arctic has emerged as a test of Moscow’s ability to weather Western sanctions.

As China Celebrates Victory, Businesses Cope With Loss

Beijing ordered more than 10,000 factories to close or reduce output ahead of a high-profile military parade, crimping many businesses in the capital and leaving some workers without wages.

Hermès Warns of Currency Pressure

French luxury-goods company Hermès International warned that volatile currencies will erode its profitability in the second half of the year with profit seen rising more slowly than sales.

Mansion

A Swedish Couple’s Lakeside Oasis

Entrepreneur Olof Sköld and his partner, Helene Carson, build a retreat for their family

Technology

Pentagon Advances Partnership with Tech Firms for Flexible Electronics

The Pentagon is announcing that it will contribute seed money to a consortium of Silicon Valley firms to develop what defense officials say is a promising new technology incorporating “flexible” electronics.

China’s Moves Won’t Help U.S. Tech Firms

China’s moves to spur its slowing economy are having an important but less obvious effect on the tech sector: Strengthening local companies that were already making life difficult for U.S. rivals.

Video

Body Count Rises in Migrant Effort to Reach Europe

1:38

Buzz Aldrin Developing Plan to Colonize Mars

1:09

Facebook's 'M' Takes on Siri and Google Now

3:36