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Germany

AP News | Equities.com |

President Joe Biden welcomes German Chancellor Angela Merkel to the White House for what is likely to be her last official visit and one to which she’s bringing a bag full of issues and an overarching message for Berlin’s close ally: You’ve got a friend.

The veteran German leader is expected Thursday to discuss the coronavirus pandemic, the rise of China and a Russian gas pipeline that Washington opposes. She will meet with Biden, Vice President Kamala Harris and other senior U.S. officials.


Reuters | Equities.com |

General Motors Co said on Monday it is turning to a German parts supplier to make the initial, small production run of its new electric commercial van in a move to get the vehicle quickly into the hands of customer Fedex.

The decision to use Kuka AG to build the EV600 vans is not typical in the industry. But it shows the No. 1 U.S. automaker's desire to stick to a plan to roll out the vehicle in late 2021, said Travis Katz, chief executive of GM's BrightDrop commercial van business.


Reuters | Equities.com |

Germany's largest consumer protection group filed a lawsuit on Wednesday against car maker Daimler that it said would make it easier for Mercedes owners to gain redress over a diesel emissions scandal.

The lawsuit, filed by the VZBV at a regional court in Stuttgart, seeks to set a precedent that would enable owners of Mercedes GLC and GLK cars to gain compensation over software that was allegedly used to trick emissions tests.


AP News | Equities.com |

IBM on Tuesday unveiled one of Europe’s most powerful quantum computers in Germany, boosting the country’s efforts to stay in the race for what’s considered a key technology of the future.

Quantum computers use subatomic particles to get around the limitations of traditional physics and perform calculations at far higher speeds than even the fastest existing supercomputers. While this was long seen as the preserve of arcane research, companies are increasingly hoping to harness quantum computers to develop new materials, drugs or artificial intelligence applications.


AP News | Equities.com |

The Biden administration imposed sanctions Wednesday on Russian companies and ships for their work on a European natural gas pipeline adamantly opposed by the U.S., but President Joe Biden angered many Democratic and Republican lawmakers by opting not to punish the German company overseeing the project.

Waiving penalties regarding ally German in the Nord Stream 2 project was “in line with our commitment to strengthen our Transatlantic relationships as a matter of national security,” Secretary of State Antony Blinken said in a statement.


Kimberly Redmond | Equities.com |

Germany’s highest court ruled Thursday that the government’s climate protection plan was insufficient to protect future generations, ordering officials to set clear goals for reducing greenhouse gas emissions after 2030.

In its ruling, the Bundesverfassungsgericht, or Federal Constitutional Court, said Berlin’s reduction plan was “incompatible with fundamental rights” because it failed to cover the years beyond this decade and would “irreversibly offload major emission reduction burdens onto periods after 2030.”


AP News | Equities.com |

The German state of Berlin has again suspended the use of AstraZeneca’s coronavirus vaccine for those aged under 60 due to new reports of unusual blood clots in people who have received the shots, officials said Tuesday.

The decision was taken as a precaution ahead of a meeting later Tuesday of representatives from all of Germany’s 16 states and further recommendations expected from national medical regulators, said Berlin’s top health official, Dilek Kalayci.