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...with the baleful prospect for that other exporting powerhouse, Japan. The government of Chancellor Angela Merkel is pumping $108 billion into the economy, but after an intense debate it has resisted international pressure to do more, saying it wanted to evaluate existing plans before adding new ones. But it isn't just officials in Berlin who might spend time in Halle seeing what an injection of money can and can't do to a local economy. Governments from the U.S. to China - anyone who believes that opening the fiscal spigot can stave off disaster, and especially those who think that...
...people have left to find jobs elsewhere. Despite the exodus, and a birthrate that has dwindled to almost nothing, the town still has an unemployment rate of about 14%, double that in the old West Germany. And as a new economic crisis strikes - this time a global one - Halle isn't immune. Its economy has crashed in the past six months. Across the region - but especially in places like the town of Eisenach, where a new auto industry has been built up over the past few years - the latest downturn is biting, though local officials stress that at least their...
...Money Isn't Everything In short, Halle has learned that throwing money at an economic meltdown isn't a cure-all. To be sure, some towns in the old GDR have done well. In the Saxon heartland, where the local economy had strong roots going back to before World War II, Dresden has turned itself into a world center for semiconductors, Leipzig has attracted automakers including BMW and Porsche, and Jena has successfully built on the reputation of its optical firm, Carl Zeiss. But for the most part, eastern Germany is still far from resembling the "blossoming landscapes" that former...
...whose latest work, Road Show - based on the lives of huckster brothers behind Florida's ill-fated 1920s real-estate boom - was more than a decade in the making. "You think every time you pick up your pencil it's going to be a little bit easier, but it isn't," he says...
...successful in the Ethiopian highlands or the Congolese tropics. Rather than try to impose a transition to large-scale, industrialized agriculture, AGRA is providing small-scale farmers with a variety of products for use in traditional planting. The idea, says Joe DeVries, director of AGRA's seed program, isn't to supplant existing practices, but to supplement them. (See pictures of Ethiopia's harvest of hunger...