From the Heart of Europe | 16.05.2013, 14:00 UTC

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From the Heart of Europe 16.05.2013 | 14:00 UTC World Economy OECD warns of widening income gap between rich and poor A new OECD report shows the global economic and financial crisis has aggravated social inequality. The organization warns austerity measures could increase the problem even further. Opinion: Germany's labor market is split End of '21st century socialism' in Latin America? Civil servant for life? Not anymore, says Greece Opinion: Germany's labor market is split Drones Germany's NATO drone project hits EU snags In an interview with DW, Christian Mölling at the German Institute for International and Security Affairs explains why Germany's Euro Hawk drone program was canceled and whether a half-billion euros was really wasted. Drones for the German military stir controversy Germany arms itself for the drone age Game of drones Business Inflation Eurozone inflation slumps to three-year low Consumer price hikes in the eurozone have slowed to their lowest level in 38 months as fuel and telecommunications costs dropped substantially. Some already see deflation looming in the recession-hit eurozone. Speculation mounts over euro devaluation Eurozone slump to deepen in 2013, EU Commission says New Bank of Japan chief vows 'all-out effort' on deflation Transportation Deutsche Bahn expands eastern European operations German rail operator Deutsche Bahn has announced it has secured a bigger slice of the eastern European passenger traffic by taking over a French rival active in the region. Anti-trust authorities have approved the deal. Berlin sidesteps railtrack rules Trade China warns EU against escalating trade disputes China has urged the EU to stop raising new trade barriers or face consequences. This comes in response to EU punitive tariffs on Chinese solar exports and EU efforts to launch a probe into the country's telecom products. EU to impose punitive tariffs on Chinese solar imports EU warns China against telecoms anti-dumping probe EU imposes anti-dumping duties on Chinese solar panels Growth 'Abenomics' fuel Japanese economic growth Japan's economy has expanded rapidly in the first quarter, boosted by growing exports and higher consumer spending. Prime Minister Shinzo Abe's huge fiscal stimulus, known as Abenomics, seems to be working. Japanese monetary policy seeks weaker Yen Nikkei index surges to highest level in almost five years Bank of Japan intensifies monetary easing News Court Cases German court OK's online video embedding, leaves final say to EU court A top German court has ruled that embedding copyrighted internet videos on other websites is legal, but says the practice could violate European laws. The final decision has been passed onto the EU's highest court. German federal court raps Google on the knuckles over autocomplete function European Union EU pressure on France as it hits recession again The EU has called on France to present a credible program of structural economic reforms if the EU is to grant it two more years to bring its budget deficit down. France is back in recession. Germany's meager first-quarter growth disappoints Germany East Germany Western drug firms used unwitting participants in former GDR for tests Western pharmaceutical firms allegedly conducted drug tests on unwitting patients in communist East Germany. The lucrative clinical trials enabled the GDR government to bring much needed Deutschmarks into the country. Stasi victims confront secret surveillance on stage Gregor Gysi and the Stasi's long shadow Germans remember 20 years' access to Stasi archives Politics Merkel 'hiding things' in her past, biographer says "The First Life of Angela M." has just been released and promises revelations about the German chancellor. Though observers remain skeptical, the biography is attracting attention in Germany's election year. Angela Merkel: From shy physicist to two-term chancellor Eastern Germans not Crazy About Angela   Unsubscribe   Personal Data   Feedback   Imprint © Deutsche Welle 2013