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Tribunal Finds Suzuki-VW Alliance Has Terminated

An arbitrator has ruled that an alliance between Suzuki Motor and VW has been terminated and ordered the German car maker to dispose of its 19.9% stake in Suzuki.

France, Germany, U.K. Call for Emergency Migrant Meeting

The interior ministers of France, Germany and the U.K. called for an emergency European ministerial meeting to discuss measures to deal with the highest wave of migration in Europe since World War II.

Ageas to Sell Hong Kong Life Insurance Business

Belgian insurance company Ageas said Sunday it will sell its Hong Kong Life insurance business to Chinese asset-management firm JD Capital for €1.23 billion.

Lebanese Official Defies Calls to Resign

A top Lebanese official defied demands from thousands of protesters over the weekend to step down, providing potential fuel for a growing antigovernment movement that is coalesced around uncollected trash.

Financially Strapped Greece Struggles With a Flood of Refugees

On the island of Lesbos, volunteers shore up efforts to house and feed tens of thousands of migrants.

China Places Cap on Local Government Debt

Chinese lawmakers have placed a $2.5 trillion cap on local government debt as Beijing looks for ways to address one of the major impediments to its economy.

Fed’s Fischer: ‘Good Reason’ to Think U.S. Inflation Will Move Higher

The Fed‘s Stanley Fischer said there is “good reason” to think sluggish U.S. inflation will firm and move back toward the U.S. central bank’s 2% annual target, touching on a significant assessment facing the Fed ahead of its September policy meeting. 85

Malaysia Protesters Face Uphill Battle to Dislodge Najib

Tens of thousands of protesters took to the streets of Malaysia’s capital over the weekend to rally against Prime Minister Najib Razak, but analysts say the leader of the resource-rich nation is still in a strong position.

Turkey Bombs Islamic State Targets in Syria as Part of U.S.-Led Coalition

Turkish jets bombed Islamic State targets in Syria under the umbrella of the U.S.-led international coalition for the first time, the country’s government said, as Turkey expands its fight against the extremist group.

Egyptian Court Sentences Al Jazeera Journalists

An Egyptian judge sentenced a trio of Al Jazeera English journalists to three years in prison, prompting fresh criticism of the government’s clampdown on press and political freedoms.

New Orleans Honors Katrina’s Victims on Anniversary

A city known for its resilience marked the 10th anniversary of one of the worst natural disasters ever to hit the United States on Saturday, beginning with a somber ceremony at a memorial to Hurricane Katrina’s victims.

Modi Changes Course on Land Acquisition

Indian Prime Minister Narendra Modi said he would not renew a contentious executive order aimed at making it easier for the state to acquire land for infrastructure and industry.

Buying the Dips Doesn’t Work for Everyone

The old strategy of buying the dips may not work for everyone. In fact, for some people, it could be disastrous, writes Jason Zweig.

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.

Stock Swings Don’t Shake Investors

Stock indexes’ wildest week in years rattled investors and fueled expectations for further price swings, but it failed to squelch the belief U.S. markets remain the best place to put money. 60

A ‘Black Swan’ Fund Makes $1 Billion

Universa Hedge Fund, a well-known ‘black swan’ fund, made more than $1 billion in profits in one week amid volatility. 58

Suppliers Feel Pain as Coal Miners Struggle

As big coal miners struggle, their equipment suppliers—thousands of firms sprinkled throughout Pennsylvania, West Virginia, Ohio and Kentucky—are scrambling to find new customers anywhere they can.

Inmarsat Says Russian Proton Rocket Puts Satellite Into Orbit

Inmarsat declared the launch of a Russian Proton rocket carrying one of its satellites a success after the rocket delivered its cargo into its initial orbit position.

Rebekah Brooks to Return to News Corp

Rebekah Brooks is expected to head News Corp’s U.K. division, a position similar to one she resigned from amid the phone-hacking scandal. Separately, Britain’s Crown Prosecution Service is reviewing a police referral related to the hacking probe.

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 already were making life difficult for U.S. rivals.

U.S.

Senate Foreign Relations Committee Chairman Bob Corker (R., Tenn.), right, listens to Sen. John Barrasso (R., Wyo.) last month in Washington, D.C.

Foes Try New Ways To Attack Iran Deal

Congressional opponents of the Iranian nuclear accord are devising a Plan B as President Obama moves closer to locking up the support needed to implement the deal. 706

Book Reviews

Stieg Larsson’s Heroine Lives Again

David Lagercrantz’s “The Girl in the Spider’s Web” revives Lisbeth Salander in fitting style.

World War II’s Greatest Escape

Allied prisoners broke out of a German camp using ladders inspired by medieval siege tools.

Video

Body Count Rises in Migrant Effort to Reach Europe

1:38

Lebanese ‘Stink’ Protest Turns Toward Politicians

2:11

Buzz Aldrin Developing Plan to Colonize Mars

1:09

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

Die Post-Novelle

Laut Artikel 64 des Grundgesetzes ist die Sache klar. Minister schwören beim Amtsantritt unter anderem, dass sie ihre Kraft dem Wohle des deutschen Volkes widmen werden. Das eigene, ganz persönliche Wohl muss dabei aber nicht zurückstehen. Das zeigt sich eindrucksvoll bei der schon lange geplanten Novelle des Postgesetzes: Die Häuser der CSU-Minister Ilse Aigner, Hans-Peter Friedrich und Peter Ramsauer blockieren den Vorstoß von Wirtschaftsminister Philipp Rösler (FDP). Offenbar geht es dabei nicht um Inhalte, sondern lediglich darum, dem Liberalen eins auszuwischen und sich schadenfreudig im Sessel zurückzulehnen. Der Fall zeigt, mit welchen Bandagen in der Politik gekämpft wird und wie schlecht es um den inneren Zustand der schwarz-gelben Koalition bestellt ist.

Offiziell bestätigen will den Vorgang keines der beteiligten Ressorts. Hinter vorgehaltener Hand hingegen wird geplaudert, und die Informationen aus Parteikreisen decken sich. Die drei CSU-geführten Ministerien haben Vorbehalte angemeldet und verhindern seit Wochen, dass die Angelegenheit im Kabinett auf den Weg gebracht werden kann.

Aufmerksame Beobachter fragen sich, was das Verbraucherministerium von Aigner, das Innenministerium von Friedrich und das  Ramsauer’sche Verkehrsministerium gegen eine Novelle des Postgesetzes haben können. Die richtige Antwort wäre: Eigentlich nichts. Aber das Vorhaben gilt als ein Prestigeobjekt Röslers. Allein deshalb hat ihn die CSU jetzt offenbar ins Visier genommen.

Parteikreisen zufolge handelt es sich tatsächlich um eine ordinäre Retourkutsche der Christsozialen. Rösler möchte nicht beim IT-Sicherheitsgesetz mitziehen und verärgert damit Innenminister Friedrich. In puncto Gentechnik waren aus dem Hause Rösler ganz andere Töne zu hören als im Verbraucherministerium von Ilse Aigner. Unvergessen ist den Christsozialen immer noch der Vorwurf der “Wildsau”-Politik durch die Liberalen. Und das sind nur drei Beispiele aus der Dauerfehde zwischen der CSU und Rösler.

Rösler will der Deutschen Post im Geschäft mit Großkunden strengere Vorschriften auferlegen. Künftig soll die Post ihre Preise schon vorab der Bundesnetzagentur zur Genehmigung vorlegen, Preisdumping könnte dadurch unterbunden werden. Zudem sollen künftig auch Mitbewerber und nicht nur die Aufsichtsbehörde ein Missbrauchsverfahren gegen die Post in Gang setzen können. Seit Monaten schon will Rösler die neuen Regeln festschreiben. Bislang scheiterte er aber. Erst musste er gegen parteinterne Kritik ankämpfen, nun auch noch gegen den Widerstand der CSU.

Das ganze Hickhack ist ärgerlich, denn es geht um einen Milliardenmarkt und die Stellung des Marktbeherrschers, um massive Unternehmens- und Verbraucherinteressen. Also ziemlich eindeutig um das “Wohl des Volkes”.

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    • Das Verhalten der CSU geführten Ministerien ist völlig richtig, denn es dient auch dem Wohle des Volkes.
      Rosinenpickerei anderer Zustelldienste steht hier offenbar im Vordergrund.
      Außerdem dürfte es auch keinen Zweifel daran geben, daß diese Novelle so nicht Gesetz wird.
      Hier hat auch der Bundesrat noch ein gewichtiges Wort mitzureden- was Herr Rößler offenbar verkennt.
      Er sollte sich besser anderen Aufgaben widmen als hier ein völlig unsinniges Prestigeobjekt weiter zu
      verfolgen. Die Arbeiten dazu sollte er einstellen.

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

Tribunal Finds Suzuki-VW Alliance Has Terminated

An arbitrator has ruled that an alliance between Suzuki Motor and VW has been terminated and ordered the German car maker to dispose of its 19.9% stake in Suzuki.

France, Germany, U.K. Call for Emergency Migrant Meeting

The interior ministers of France, Germany and the U.K. called for an emergency European ministerial meeting to discuss measures to deal with the highest wave of migration in Europe since World War II.

Ageas to Sell Hong Kong Life Insurance Business

Belgian insurance company Ageas said Sunday it will sell its Hong Kong Life insurance business to Chinese asset-management firm JD Capital for €1.23 billion.

Lebanese Official Defies Calls to Resign

A top Lebanese official defied demands from thousands of protesters over the weekend to step down, providing potential fuel for a growing antigovernment movement that is coalesced around uncollected trash.

Financially Strapped Greece Struggles With a Flood of Refugees

On the island of Lesbos, volunteers shore up efforts to house and feed tens of thousands of migrants.

China Places Cap on Local Government Debt

Chinese lawmakers have placed a $2.5 trillion cap on local government debt as Beijing looks for ways to address one of the major impediments to its economy.

Fed’s Fischer: ‘Good Reason’ to Think U.S. Inflation Will Move Higher

The Fed‘s Stanley Fischer said there is “good reason” to think sluggish U.S. inflation will firm and move back toward the U.S. central bank’s 2% annual target, touching on a significant assessment facing the Fed ahead of its September policy meeting. 85

Malaysia Protesters Face Uphill Battle to Dislodge Najib

Tens of thousands of protesters took to the streets of Malaysia’s capital over the weekend to rally against Prime Minister Najib Razak, but analysts say the leader of the resource-rich nation is still in a strong position.

Turkey Bombs Islamic State Targets in Syria as Part of U.S.-Led Coalition

Turkish jets bombed Islamic State targets in Syria under the umbrella of the U.S.-led international coalition for the first time, the country’s government said, as Turkey expands its fight against the extremist group.

Egyptian Court Sentences Al Jazeera Journalists

An Egyptian judge sentenced a trio of Al Jazeera English journalists to three years in prison, prompting fresh criticism of the government’s clampdown on press and political freedoms.

New Orleans Honors Katrina’s Victims on Anniversary

A city known for its resilience marked the 10th anniversary of one of the worst natural disasters ever to hit the United States on Saturday, beginning with a somber ceremony at a memorial to Hurricane Katrina’s victims.

Modi Changes Course on Land Acquisition

Indian Prime Minister Narendra Modi said he would not renew a contentious executive order aimed at making it easier for the state to acquire land for infrastructure and industry.

Buying the Dips Doesn’t Work for Everyone

The old strategy of buying the dips may not work for everyone. In fact, for some people, it could be disastrous, writes Jason Zweig.

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.

Stock Swings Don’t Shake Investors

Stock indexes’ wildest week in years rattled investors and fueled expectations for further price swings, but it failed to squelch the belief U.S. markets remain the best place to put money. 60

A ‘Black Swan’ Fund Makes $1 Billion

Universa Hedge Fund, a well-known ‘black swan’ fund, made more than $1 billion in profits in one week amid volatility. 58

Suppliers Feel Pain as Coal Miners Struggle

As big coal miners struggle, their equipment suppliers—thousands of firms sprinkled throughout Pennsylvania, West Virginia, Ohio and Kentucky—are scrambling to find new customers anywhere they can.

Inmarsat Says Russian Proton Rocket Puts Satellite Into Orbit

Inmarsat declared the launch of a Russian Proton rocket carrying one of its satellites a success after the rocket delivered its cargo into its initial orbit position.

Rebekah Brooks to Return to News Corp

Rebekah Brooks is expected to head News Corp’s U.K. division, a position similar to one she resigned from amid the phone-hacking scandal. Separately, Britain’s Crown Prosecution Service is reviewing a police referral related to the hacking probe.

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 already were making life difficult for U.S. rivals.

U.S.

Senate Foreign Relations Committee Chairman Bob Corker (R., Tenn.), right, listens to Sen. John Barrasso (R., Wyo.) last month in Washington, D.C.

Foes Try New Ways To Attack Iran Deal

Congressional opponents of the Iranian nuclear accord are devising a Plan B as President Obama moves closer to locking up the support needed to implement the deal. 706

Book Reviews

Stieg Larsson’s Heroine Lives Again

David Lagercrantz’s “The Girl in the Spider’s Web” revives Lisbeth Salander in fitting style.

World War II’s Greatest Escape

Allied prisoners broke out of a German camp using ladders inspired by medieval siege tools.

Video

Body Count Rises in Migrant Effort to Reach Europe

1:38

Lebanese ‘Stink’ Protest Turns Toward Politicians

2:11

Buzz Aldrin Developing Plan to Colonize Mars

1:09