Germany has rejected genetically modified crops, nuclear power and magnetic levitation trains. Now, the country that invented the modern car and X-ray technology is adding fracking to the list of innovations it’s wary of.
Domtar Corp ., the largest North American maker of paper for printers and copiers, is among companies hurt by uncertainty about the future of the U.S. Postal Service, which may run out of money in September, an executive said.
The newly elected head of the Finnish Social Democrats and a former union boss Antti Rinne is taking over as finance minister to replace Jutta Urpilainen amid calls to boost stimulus for the struggling Nordic economy.
Finnish Finance Minister Jutta Urpilainen was ousted as Social Democratic leader yesterday as her party turned to a trade union leader advocating more stimulus to promote growth in the northernmost euro member.
Finnish Finance Minister Jutta Urpilainen lost the Social Democratic leadership as her party soured on her fronting three years of austerity measures that have weighed on growth and jobs in the northernmost euro member.
Finnish austerity is drawing to a close as Antti Rinne, who’s joining the government after winning leadership of the Social Democrats, vows to push the coalition partners into agreeing to more stimulus for the ailing economy.