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China Fears Sink Markets Again

U.S. stocks plunged Tuesday amid new evidence that China’s stubborn economic slowdown is damaging global commerce.

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.

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.

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.

Conglomerate Honeywell Finds Love Amid the Breakups

Investors have rewarded Honeywell, even as other conglomerates have been pressured to tighten their focus.

Analysis

Clashing Interests Hamstring EU Response to Crisis

Europe’s migrant struggle highlights the chasm between Europe’s principles and its ability to live up to them.

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.

Russian Airline Aeroflot to Take Control of Carrier Transaero

Russia’s largest airline, state-controlled Aeroflot, will take control of the country’s No. 2 carrier Transaero in a government-brokered deal to stave off bankruptcy at the heavily indebted company.

Uber Drivers’ Suit Granted Class-Action Status

A federal judge has granted class-action status to a lawsuit claiming Uber Technologies treats its drivers like employees without providing health benefits and paying for expenses normally covered by an employer. 120

‘Super-Sizing’ Natural Gas Output

Applying newer fracking techniques to a prolific natural-gas region that straddles Louisiana and Texas could give the U.S. more—and much cheaper—supplies of the fuel for many years. 52

Amgen to Help Develop Novartis’s Pipeline of Alzheimer’s Drugs

Novartis AG will share the risks and rewards as Amgen Inc. will help develop its pipeline of experimental Alzheimer’s disease drugs.

Bayer Separates Material Science Business

German pharmaceuticals group Bayer has moved a step closer to floating its $12.3 billion specialty chemicals business by ‘legally and economically’ separating the unit, now named Covestro.

The Moment When Humans Matter

A string of messy market openings in recent weeks has reinvigorated a debate about the relative effectiveness of humans in the stock trade.

FHA Offers Olive Branch to Hesitant Lenders

The government is trying to coax banks back to making mortgage loans to risky borrowers, after a string of expensive disputes over a federal loan program led some banks to conclude it wasn’t worth the headaches.

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.

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.

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.

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

Flourishing Cities Offer Beijing a Lesson in Thinking Small

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.

Emails Point to Large Role for Clinton Adviser

Longtime aide Sidney Blumenthal maintained an outsize role with Secretary of State Hillary Clinton, despite being blocked from taking a job at the department. 69

Lebanese ‘YouStink’ Activists Occupy Minister’s Offices

Members of a grass-roots antigovernment movement occupied the offices of the environment minister in Beirut to press their demands for his resignation.

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.

Personal Tech | DxO One Review

Finally, an iPhone Camera Good Enough for a Pro

The DxO One is a tiny attachment offering a big upgrade to your iPhone camera. Geoffrey A. Fowler reviews.

Review

Thermal Cameras Reveal an Unseen World

With the Seek Compact and Flir One cameras, little $250 accessories for iPhones and Android phones give you “Predator” vision.

Intel Bets New Chips Will Revive PC Sales

Intel is overhauling its flagship line of computer chips in a high-stakes bid to revive personal-computer sales.

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. 64

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.”

WSJ Blogs

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

Ein Clown, wer Böses dabei denkt

Foto: Klaus-Dietmar Gabbert/dapd

SPD-Kanzlerkandidat Peer Steinbrück ist wieder einmal über sein loses Mundwerk gestolpert. Beim Blick auf das Ergebnis der Parlamentswahl in Italien fiel dem SPD-Politiker nur eins ein: Da haben “zwei Clowns” gewonnen. Gemeint waren die Protestbewegung des Komikers Beppe Grillo und Ex-Regierungschef Silvio Berlusconi, der im Senat die meisten Sitze gewonnen hat und damit eine Regierungsbildung verhindern kann. Einer, so sagte der Ex-Finanzminister, sei “ein beruflich tätiger Clown, der auch nichts dagegen hat, wenn man ihn so nennt”. Der andere aber sei Berlusconi, “ein Clown mit einem gewissen Testosteronschub”. Entrutscht sind Steinbrück die bösen Lästereien bei einem Besuch in Potsdam, bezeichnenderweise auf einer Veranstaltung mit dem Titel “Klartext”. Sein Sprecher Michael Donnermeyer bestätigte die Aussagen.

Ein dummer Zufall nur, dass Staatspräsident Giorgio Napolitano, der als graue Eminenz in Italien gilt, gerade auf Deutschland-Besuch weilt. Das Verhältnis des 87-Jährigen zum exentrischen Ex-Regierungschef Berlusconi gilt zwar seit jeher als angespannt. Doch das demokratisch zustande gekommene Votum der Bürger derart diskreditieren zu lassen, ging wohl auch Napolitano zu weit. Kurzerhand ließ der Präsident ein seit langem für Mittwoch im Berliner Hotel Adlon vereinbartes Abendessen mit Steinbrück absagen. Auch wenn es von der italienischen Botschaft dafür offiziell keine Gründe gab, darf wohl ein Zusammenhang zu den “Clown”-Äußerungen angenommen werden.

Nun ist es sicher so, dass sich auch in Deutschland nach dem italienischen Wahlergebnis Katerstimmung breit gemacht hat. Und bestimmt wird Steinbrück so manchem Politiker aus dem Herzen gesprochen haben. Der Unterschied ist nur: Steinbrück hat seinen Unmut wieder einmal öffentlich kund getan – und offenbart damit ein merkwürdiges Rechtsverständnis von Wahlausgängen. “Clown ist das Mildeste, was mir persönlich zu Berlusconi in diesem Zusammenhang einfällt”, hatte Steinbrück in Potsdam gepoltert.

Nicht das erste internationale Fettnäpfchen von Steinbrück

Auch in der SPD schüttelt so mancher den Kopf über Fettnäpfchen-König Steinbrück. Nicht zum ersten Mal sorgt er für diplomatische Verwicklungen. Schon als Bundesfinanzminister wollte Steinbrück 2009 im Streit über das schweizerische Bankgeheimnis die siebte Kavallerie von Fort Yuma über die Alpen zu den Eidgenossen schicken und sorgte damit für einen veritablen Eklat. Jüngst bezeichnete der SPD-Kanzlerkandidat das hoch verschuldete Zypern als “Geldwaschanlage” und schlug vor, Klaus Störtebeker “rüberschippern” zu lassen. Auch mit der eigenen Partei geht er alles andere als zimperlich um. Die Parteilinken sind “Heulsusen” und auch bei seiner Nebeneinkünfte-Debatte goss der Kanzlerkandidat beständig Öl ins Feuer.

Bis zur Bundestagswahl sind es noch rund sieben Monate. Viel Zeit für den SPD-Kanzlerkandidaten also, um auf dem diplomatischen Parkett erneut ins Trudeln zu geraten.

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    • Mehr denn je bin ich gegen Peer Steinbrück. Wer Regierungschef von Deutschland werden will, darf sich nicht in Europa überall Feinde machen. Wer sein Mundwerk
      nicht beherrschen kann, muss auf eine Führungsposition verzichten, denn er
      repräsentiert unser Land. Ich lebe im Sommer in Italien und werde in meinem Umfeld versuchen, diesen unbedachten Aussagen von P.S. zu revidieren. Mehr kann ich leider nicht tun. Ach doch, wählen werde ich P.S. selbstverständlich nicht.
      Freundlicher Gruß
      Eva Maria Mayr

    • Dieser Steinbrück! Noch ein paar Kommentare dieses Kalibers – und ich wähl SPD

    • was ist bei steinbrück aggressiv ? erhat recht höflickeit ist nicht angebracht

    • steinbrück hat recht wir müssen ihn unterstützen , nicht schweigen oder nörgeln

    • Erschreckend diese demagogischen Züge einer aggressiven Sprache des Menschen, der die Nation zu führen beabsichtigt. Und erkennt man nicht, dass man selbst im Glashaus der politischen Clownerie sitzt. Höflichkeit und Stil haben schon immer mehr gebracht als dumpfer Populismus.

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

China Fears Sink Markets Again

U.S. stocks plunged Tuesday amid new evidence that China’s stubborn economic slowdown is damaging global commerce.

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.

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.

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.

Conglomerate Honeywell Finds Love Amid the Breakups

Investors have rewarded Honeywell, even as other conglomerates have been pressured to tighten their focus.

Analysis

Clashing Interests Hamstring EU Response to Crisis

Europe’s migrant struggle highlights the chasm between Europe’s principles and its ability to live up to them.

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.

Russian Airline Aeroflot to Take Control of Carrier Transaero

Russia’s largest airline, state-controlled Aeroflot, will take control of the country’s No. 2 carrier Transaero in a government-brokered deal to stave off bankruptcy at the heavily indebted company.

Uber Drivers’ Suit Granted Class-Action Status

A federal judge has granted class-action status to a lawsuit claiming Uber Technologies treats its drivers like employees without providing health benefits and paying for expenses normally covered by an employer. 120

‘Super-Sizing’ Natural Gas Output

Applying newer fracking techniques to a prolific natural-gas region that straddles Louisiana and Texas could give the U.S. more—and much cheaper—supplies of the fuel for many years. 52

Amgen to Help Develop Novartis’s Pipeline of Alzheimer’s Drugs

Novartis AG will share the risks and rewards as Amgen Inc. will help develop its pipeline of experimental Alzheimer’s disease drugs.

Bayer Separates Material Science Business

German pharmaceuticals group Bayer has moved a step closer to floating its $12.3 billion specialty chemicals business by ‘legally and economically’ separating the unit, now named Covestro.

The Moment When Humans Matter

A string of messy market openings in recent weeks has reinvigorated a debate about the relative effectiveness of humans in the stock trade.

FHA Offers Olive Branch to Hesitant Lenders

The government is trying to coax banks back to making mortgage loans to risky borrowers, after a string of expensive disputes over a federal loan program led some banks to conclude it wasn’t worth the headaches.

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.

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.

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.

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

Flourishing Cities Offer Beijing a Lesson in Thinking Small

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.

Emails Point to Large Role for Clinton Adviser

Longtime aide Sidney Blumenthal maintained an outsize role with Secretary of State Hillary Clinton, despite being blocked from taking a job at the department. 69

Lebanese ‘YouStink’ Activists Occupy Minister’s Offices

Members of a grass-roots antigovernment movement occupied the offices of the environment minister in Beirut to press their demands for his resignation.

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.

Personal Tech | DxO One Review

Finally, an iPhone Camera Good Enough for a Pro

The DxO One is a tiny attachment offering a big upgrade to your iPhone camera. Geoffrey A. Fowler reviews.

Review

Thermal Cameras Reveal an Unseen World

With the Seek Compact and Flir One cameras, little $250 accessories for iPhones and Android phones give you “Predator” vision.

Intel Bets New Chips Will Revive PC Sales

Intel is overhauling its flagship line of computer chips in a high-stakes bid to revive personal-computer sales.

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