Members of the Berlin Symphonic Orchestra bid farewell to their fans with a last concert on Sunday after orchestra officials failed to secure 80,000 euros ($103,000) in emergency funding for the bankrupt organization. Orchestra leaders had tried to find private sponsors after Berlin's city government cut three million euros in subsidies last year. The ensemble's disbandment is the latest in a long list of German orchestras that have disappeared due to lacking funds.
US cities have seen scattered protests on the country’s biggest shopping day of the year. Not all activities were so political, however, on the annual American retail holiday known as Black Friday.
Stuttgart's shrewd coach has navigated through a relegation scrap with little problems in the past. And the Dutchman watched his team give a strong response, bagging a comfortable win at Freiburg.
Nearly all money is created by commercial banks in the act of lending. They also decide whom to lend it to, and for what purposes. Is this good for the economy? A growing movement is arguing for an alternative.