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Stocks Tumble on Weak Chinese Data

U.S. stocks tumbled Tuesday after weak manufacturing data in China fueled investors’ worries about the world’s second-largest economy. 171

Investors Betting on More ECB Stimulus

Six months after the European Central Bank launched its blockbuster bond-buying program to rouse the region’s economy, some investors are betting that authorities will crank stimulus efforts even higher.

Hungary Clears Migrants From Train Station

Authorities cleared hundreds of people from the country’s main international railway station, prompting noisy protests by migrants who have crowded the building in a push to get to Austria and Germany. 112

Greek Polls Suggest Tough Election Test for Tsipras

Opinion polls show declining support for Greece’s Syriza party and its leader, Alexis Tsipras. But Syriza retains a lead over its opponents and the Sept. 20 election could be tight.

EU Set to Extend Sanctions on Russians, Ukraine Rebels

The EU is set to roll over until mid-March sanctions targeted against almost 200 Russian and Ukrainian-separatist individuals and firms to keep pressure on Moscow to fully implement the Minsk cease-fire terms by year end.

Pope to Make It Easier for Priests to Grant Pardons for Abortion

Pope Francis will make it easier for priests to forgive women for having had abortions, and those who assisted, during a “year of mercy” starting Dec. 8. 382

China Imposes New Controls to Keep Money From Leaving Country

China is imposing fresh controls to prevent too much money from leaving the country, in an effort to keep funds at home.

Apple’s Ian Rogers Is Going to LVMH

LVMH Moët Hennessy Louis Vuitton has recruited Ian Rogers, a key executive from Apple, to spearhead the expansion of the luxury goods giant’s online retail presence.

U.S. Report Sees Economic Benefit in Allowing Oil Exports

Lifting the nation’s four-decade ban on oil exports wouldn’t raise gas prices and could help lower them, a government study concludes.

Bayer Separates Material Science Business

German pharmaceuticals group Bayer has moved a step closer to floating its $12.38 billion specialty chemicals business by legally and economically separating the unit, now named Covestro.

Whirlpool Mulls Rival Bid for Oven-Maker AGA

Whirlpool has approached AGA Rangemaster, the iconic British maker of cast-iron ovens, over a possible cash bid, turning up the heat on Middleby Corp. which agreed in July to buy AGA for $198 million.

U.S. Auto Sales Pace Accelerates

Auto makers overcame a holiday shift to post a strong, 17.8 million annualized pace in August, underscoring the continuing strength of the U.S. new car market.

Heard on the Street

In a World Awash with Gas, Why Finding More is Good for Eni

Italy’s Eni has found a big gas field in Egypt. That highlights its strengths as the company also gets its financial house in order.

Service Providers See Gold in Shares of Startups

Branding firm Red Antler is among vendors that are looking to profit on the soaring valuations of young startups by taking payment in stock instead of cash.

Portuguese Central Bank Ends Talks With Anbang Over Novo Banco Sale

Portugal’s central bank will now enter talks with another bidder for the Portuguese bank created out of failed lender Banco Espírito Santo last year.

South African Gold Faces Uncertain Future

South Africa’s gold mining industry must undergo radical change to cope with falling prices, intensifying labor disputes and the surging cost of ever-deeper exploration.

Main Suspect in Bangkok Bombing Arrested

Thailand’s prime minister said security forces arrested a man whom they believe to be the primary suspect in the bombing of a shrine in Bangkok last month.

China’s World

In China’s Heartland, Small Cities Flourish

Fengdu on the Yangtze River is one of hundreds of smaller Chinese cities still bursting with consumer vitality. It’s if these striving cities lose momentum that China is in danger of failing, writes Andrew Browne.

Death Toll Rises After Ukraine Protest Blast

The death toll from Monday’s blast outside Ukraine’s parliament rose to three, and police said the man suspected of throwing a grenade was a volunteer fighter on leave from a unit fighting Russian-backed separatists.

Kentucky Clerk Defies High Court, Denies Gays Marriage Licenses

A county clerk in Kentucky who is defying the U.S. Supreme Court by refusing to license same-sex marriage has been summoned to explain to a federal judge why she shouldn’t face stiff fines or jail time. 578

Lebanese ‘YouStink’ Activists Stage a Sit-In

Dozens of protesters staged a sit-in outside the office of the environment minister in central Beirut, after he refused to meet demands to resign over uncollected trash piling up in the city streets.

Technology

Russia Puts Off Data Showdown With Technology Firms

Facebook, Google and Twitter are among the U.S. companies that are getting more time to comply with a new law requiring Russian data centers.

Sports

Are You Good Enough to Be a Tennis Line Judge?

Watch a series of shots at full speed and decide whether each was in or out. Some will be traveling upwards of 100 miles per hour and you only get one chance to make the call. Good luck!

Soccer

FIFA May Weaken Its Executive Committee

The executive committee of FIFA, soccer’s world governing body, will be the first target of major reforms when the organization meets in Zurich next month.

Video

Hungary Stops Migrants Boarding Trains To Germany

1:46

Ukraine Protest Blast Kills Officer, Injures Dozens

0:45

Body Count Rises in Migrant Effort to Reach Europe

1:38

Management

Dealing With ‘Daddy Track’: Men Face Challenges Going Part Time

As women make strides in the workplace and men shoulder more caregiving duties at home, few fathers have workplace flexibility figured out. 56

Art

New Facial Details Surface Beneath a Rembrandt

Conservators at the Getty shed new light on an image hidden under “An Old Man in Military Costume.”

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Die Seite Drei
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Die olle Spree rostet

Früher, da war die Berliner Wasserwelt noch in Ordnung. „Ja, käm´s Berliner Kind hinaus ins Glücksland ohne Weh, es kehrt zurück ins Vaterland am grünen Strand der Spree“, heißt es einem Volkslied. So richtig sauber ist die Spree in der Hauptstadt schon lange nicht mehr, aber immerhin springen ab und an betrunkene Touristen kopfüber in die Fluten, während die Einheimischen an künstlich mit Sand  aufgeschütteten Strandbars genüsslich ihren Cocktail schlürfen und sich über die Aussicht freuen. Mit der Idylle könnte es jedoch bald vorbei sein, denn vom Eisenocker eingefärbte Fluten aus Brandenburg drohen der Spree den Garaus zu machen. Die Grünen im Bundestag machen die rot-braune Brühe jetzt sogar zum Politikum.

dapd
Kahnfährmann Roland Scherz fährt im Naturhafen Ragow/Lübbenau mit seinem Kahn durch die rostbraune Spree.

Es sind wohl vor allem die Hinterlassenschaften des Bergbaus, die zur Verfärbung der Spree führen. Experten sprechen von einer „Verockerung der Spree“, man kann auch einfach sagen: Die olle Spree rostet. Mit der Entrostung ist die Lausitzer und Mitteldeutsche Bergbau-Verwaltungsgesellschaft (LMBV) befasst. Das Unternehmen ist grundsätzlich für die Sanierung der stillgelegten Tagebaue und Veredlungsbetriebe zuständig und hilft Hausbesitzern zur „Gefahrenabwehr beim Grundwasserwiederanstieg“ auch schon mal, ihr schmuckes Eigenheim in die Höhe zu hieven.

Bei der Spreerettung hatten sich die Verantwortlichen zunächst verhoben, eine Studie zu dem Rostproblem wurde erst unter Verschluss gehalten, auf öffentlichen Druck hin jetzt aber veröffentlicht. Bei Sätzen wie „Das Grundwasser des Untersuchungsgebietes ist mit einer mittleren Säurekapazität KS4,3 überwiegend zwischen 0,0 und 0,5 mmol/L im unbelüfteten Zustand natürlicherweise nur schwach gepuffert“ hätte man sich die Veröffentlichung auch sparen können. Immerhin schimmert auf den fast 380 Seiten der Studie zwischen Diagrammen und Fachchinesisch auch für den Laien erkennbar durch: Die Sanierung der Spree ist schwierig, und sie dürfte vor allem sehr teuer werden.

Bollwerke müssten unter anderem neu gebaut oder verstärkt werden, um die Ausbreitung der schmutzigen Brühe zu verhindern. Von mehreren Millionen Euro Steuergeldern an Kosten ist die Rede. Noch ist der rotbraune Schlamm nicht im inneren Spreewald angekommen. Das wäre eine Katastrophe für den Tourismus, tausende Arbeitsplätze stehen auf dem Spiel.

Politisch ist die ganze Sache brisant. Das einschlägig vorbelastete Brandenburg will ungerne mit einer braunen Brühe in Verbindung gebracht werden, selbst wenn diese einen Rotanteil hat. Und Regierungschefin Angela Merkel von der CDU wäre wohl wenig erfreut, flösse plötzlich rot-braunes Wasser an ihrem Kanzleramt vorbei. Da ist es dann gemäß politischer Farblehre durchaus passend, dass ausgerechnet die Grünen die rot-braune Pest zum Anlass nehmen, im Bundestag eine Kleine Anfrage an die schwarz-gelbe Regierung zu stellen.

Am Valentinstag wurde die Anfrage veröffentlicht, stolze 20 Fragen wollen die Öko-Parlamentarier beantwortet haben. „Welche Maßnahmen müssen aus Sicht der Bundesregierung gemeinsam mit den Landesregierungen in Berlin und Brandenburg eingeleitet werden, und auf welche Art und Weise kommen die erforderlichen Abstimmungen zustande?“, möchten die Grünen unter anderem wissen.

So einfach kommt der Bund aus der Sache nicht raus. Der Staat ist Anteilseigner der LMBV, Aufsichtsratsvorsitzender ist Ministerialrat Bernd Hartmann aus dem Bundesfinanzministerium. Völlig unbestätigt sind allerdings Gerüchte, Finanzminister Wolfgang Schäuble habe den Bau eines Systems zur Filterung des Eisens angeregt, um mit dem Erlös des Rohstoffverkaufs die Haushaltssanierung voranzutreiben. Von 2.500 Tonnen angeschwemmten Metalls jährlich ist in Medienberichten die Rede. Je nach Güte des Materials lassen sich damit zwischen einer halben und einer Million Euro erzielen. Keine große Summe, aber – wer rastet, der rostet – ein erster Schritt.

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    • Fakt ist auch, dass die Spree und der Spreewald in dieser Situation auf die aufbereiteten Sümpfungswässer des aktiven Bergbaus in qualitativer und quantitativer Hinsicht mehr als sonst angewiesen sind. Da es die Eisenbelastung derzeit eindämmt und komplette Teileinzugsgebiete der Niederung versorgt. Ein funktionierendes System, zwar vor Jahrzehnten auch bergbaubedingt eingeführt - derzeit jedoch unverzichtbar, sich gegen ähnliche Situationen zu wappnen.

    • Hinzuweisen wäre auf die Rolle des Energiekonzerns Vattenfall, der fünf Braunkohlentagebaue in der Lausitz betreibt. Die tragen zwar bisher noch wenig zur Eisenbelastung bei. Doch wenn später auch dort das Grundwasser wieder ansteigt, verursachen sie dieselben Probleme wie die stillgelegten DDR-Tagebaue heute. Jeder neue Braunkohlentagebau verlängert das Problem um Jahrzehnte.

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

Stocks Tumble on Weak Chinese Data

U.S. stocks tumbled Tuesday after weak manufacturing data in China fueled investors’ worries about the world’s second-largest economy. 171

Investors Betting on More ECB Stimulus

Six months after the European Central Bank launched its blockbuster bond-buying program to rouse the region’s economy, some investors are betting that authorities will crank stimulus efforts even higher.

Hungary Clears Migrants From Train Station

Authorities cleared hundreds of people from the country’s main international railway station, prompting noisy protests by migrants who have crowded the building in a push to get to Austria and Germany. 112

Greek Polls Suggest Tough Election Test for Tsipras

Opinion polls show declining support for Greece’s Syriza party and its leader, Alexis Tsipras. But Syriza retains a lead over its opponents and the Sept. 20 election could be tight.

EU Set to Extend Sanctions on Russians, Ukraine Rebels

The EU is set to roll over until mid-March sanctions targeted against almost 200 Russian and Ukrainian-separatist individuals and firms to keep pressure on Moscow to fully implement the Minsk cease-fire terms by year end.

Pope to Make It Easier for Priests to Grant Pardons for Abortion

Pope Francis will make it easier for priests to forgive women for having had abortions, and those who assisted, during a “year of mercy” starting Dec. 8. 382

China Imposes New Controls to Keep Money From Leaving Country

China is imposing fresh controls to prevent too much money from leaving the country, in an effort to keep funds at home.

Apple’s Ian Rogers Is Going to LVMH

LVMH Moët Hennessy Louis Vuitton has recruited Ian Rogers, a key executive from Apple, to spearhead the expansion of the luxury goods giant’s online retail presence.

U.S. Report Sees Economic Benefit in Allowing Oil Exports

Lifting the nation’s four-decade ban on oil exports wouldn’t raise gas prices and could help lower them, a government study concludes.

Bayer Separates Material Science Business

German pharmaceuticals group Bayer has moved a step closer to floating its $12.38 billion specialty chemicals business by legally and economically separating the unit, now named Covestro.

Whirlpool Mulls Rival Bid for Oven-Maker AGA

Whirlpool has approached AGA Rangemaster, the iconic British maker of cast-iron ovens, over a possible cash bid, turning up the heat on Middleby Corp. which agreed in July to buy AGA for $198 million.

U.S. Auto Sales Pace Accelerates

Auto makers overcame a holiday shift to post a strong, 17.8 million annualized pace in August, underscoring the continuing strength of the U.S. new car market.

Heard on the Street

In a World Awash with Gas, Why Finding More is Good for Eni

Italy’s Eni has found a big gas field in Egypt. That highlights its strengths as the company also gets its financial house in order.

Service Providers See Gold in Shares of Startups

Branding firm Red Antler is among vendors that are looking to profit on the soaring valuations of young startups by taking payment in stock instead of cash.

Portuguese Central Bank Ends Talks With Anbang Over Novo Banco Sale

Portugal’s central bank will now enter talks with another bidder for the Portuguese bank created out of failed lender Banco Espírito Santo last year.

South African Gold Faces Uncertain Future

South Africa’s gold mining industry must undergo radical change to cope with falling prices, intensifying labor disputes and the surging cost of ever-deeper exploration.

Main Suspect in Bangkok Bombing Arrested

Thailand’s prime minister said security forces arrested a man whom they believe to be the primary suspect in the bombing of a shrine in Bangkok last month.

China’s World

In China’s Heartland, Small Cities Flourish

Fengdu on the Yangtze River is one of hundreds of smaller Chinese cities still bursting with consumer vitality. It’s if these striving cities lose momentum that China is in danger of failing, writes Andrew Browne.

Death Toll Rises After Ukraine Protest Blast

The death toll from Monday’s blast outside Ukraine’s parliament rose to three, and police said the man suspected of throwing a grenade was a volunteer fighter on leave from a unit fighting Russian-backed separatists.

Kentucky Clerk Defies High Court, Denies Gays Marriage Licenses

A county clerk in Kentucky who is defying the U.S. Supreme Court by refusing to license same-sex marriage has been summoned to explain to a federal judge why she shouldn’t face stiff fines or jail time. 580

Lebanese ‘YouStink’ Activists Stage a Sit-In

Dozens of protesters staged a sit-in outside the office of the environment minister in central Beirut, after he refused to meet demands to resign over uncollected trash piling up in the city streets.

Technology

Russia Puts Off Data Showdown With Technology Firms

Facebook, Google and Twitter are among the U.S. companies that are getting more time to comply with a new law requiring Russian data centers.

Sports

Are You Good Enough to Be a Tennis Line Judge?

Watch a series of shots at full speed and decide whether each was in or out. Some will be traveling upwards of 100 miles per hour and you only get one chance to make the call. Good luck!

Soccer

FIFA May Weaken Its Executive Committee

The executive committee of FIFA, soccer’s world governing body, will be the first target of major reforms when the organization meets in Zurich next month.

Video

Hungary Stops Migrants Boarding Trains To Germany

1:46

Ukraine Protest Blast Kills Officer, Injures Dozens

0:45

Body Count Rises in Migrant Effort to Reach Europe

1:38