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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.

Four Men to Face Charges Over Migrant Deaths

A Hungarian court said four men could face up to 16 years in prison for alleged people trafficking in connection with the deaths of 71 migrants found in an abandoned truck.

Thousands March Against Lebanon Government

A demonstration in Beirut against poor waste management blossomed into full-throated demands that Lebanon’s long-standing political class step down from power.

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.

Volunteer Melinda McRostie speaks to migrants who just arrived on the Greek island of Lesbos.

Volunteer Melinda McRostie speaks to migrants who just arrived on the Greek island of Lesbos.

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.

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. 59

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. 70

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.

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.

France, Germany Warn Putin on Ukraine Separatist Elections

Leaders of France and Germany told Russian President Vladimir Putin that rebel-run elections conducted in the separatist-controlled regions of Ukraine would endanger the so-called Minsk peace process. 52

Rice to Press Pakistan on Antiterror Vigilance

National security adviser Susan Rice is set to arrive in Pakistan on Sunday to press the country’s government to do more to prevent terrorists from using its territory as a base for attacks on neighboring states.

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.

Myanmar Buzz Fades for Many U.S. Investors

Disenchantment with the business climate, especially among American companies, comes as concerns are spreading about Myanmar’s political future.

A ‘Black Swan’ Fund Made $1 Billion This Week

Universa Hedge Fund, a well-known ‘black swan’ fund, made more than $1 billion in profits in one week amid volatility. 55

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.

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.

European Refiners’ Profit Revival Faces End

Europe’s biggest energy companies have enjoyed a revival of refinery profits, but that run may be winding down even as oil prices slump.

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.

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. 683

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

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

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.

Four Men to Face Charges Over Migrant Deaths

A Hungarian court said four men could face up to 16 years in prison for alleged people trafficking in connection with the deaths of 71 migrants found in an abandoned truck.

Thousands March Against Lebanon Government

A demonstration in Beirut against poor waste management blossomed into full-throated demands that Lebanon’s long-standing political class step down from power.

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.

Volunteer Melinda McRostie speaks to migrants who just arrived on the Greek island of Lesbos.

Volunteer Melinda McRostie speaks to migrants who just arrived on the Greek island of Lesbos.

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.

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. 59

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. 70

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.

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.

France, Germany Warn Putin on Ukraine Separatist Elections

Leaders of France and Germany told Russian President Vladimir Putin that rebel-run elections conducted in the separatist-controlled regions of Ukraine would endanger the so-called Minsk peace process. 52

Rice to Press Pakistan on Antiterror Vigilance

National security adviser Susan Rice is set to arrive in Pakistan on Sunday to press the country’s government to do more to prevent terrorists from using its territory as a base for attacks on neighboring states.

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.

Myanmar Buzz Fades for Many U.S. Investors

Disenchantment with the business climate, especially among American companies, comes as concerns are spreading about Myanmar’s political future.

A ‘Black Swan’ Fund Made $1 Billion This Week

Universa Hedge Fund, a well-known ‘black swan’ fund, made more than $1 billion in profits in one week amid volatility. 55

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.

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.

European Refiners’ Profit Revival Faces End

Europe’s biggest energy companies have enjoyed a revival of refinery profits, but that run may be winding down even as oil prices slump.

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.

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. 683

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