
According to the Bundesbank, German
GDP grew by 3.6% in 2010. This comes after the steep 4.7% drop in 2009,
when the recession hit Germany hard. Unemployment has gone down from the
10.5% peak of 2005 to 7%. It now stands at just under three million.
Volkswagen is taking on 3,000 workers, BMW and Daimler 400 each.
Lufthansa has announced plans to take on an extra 4,000 staff this year.
The same picture can be seen in chemicals, electronics and other
industries. When the rest of Europe is facing lay-offs and sluggish
growth, what is different about Germany?

After a much criticized silence, Hosni Mubarak has finally made a
statement regarding the protests. The initial reaction to the speech was
one of anger. Mubarak’s speech was quite predictable, basically
praising the poor, promising reform and what not. Even though these
blatant lies that reek of condescension are enough reason to ignite the
streets of Egypt with fury, it was Mubarak’s last statement that angered
the people the most.

The popular uprising against the Hosni
Mubarak government continues. On Sunday morning the sun rose over
another tense day following a night of mass defiance and anti-government
protests that turned the curfew into a dead letter. This fact
strikingly exposes the real situation.