Hollywood star Tom Hanks on the David Letterman show recently spoke about the charms of a small German town called Eisenhüttenstadt. Located near the Polish border, its architecture and history make it worth a visit.
When it was established in 1950, Eisenhüttenstadt was touted as the first socialist city on German soil. The steelworks are the heart of the town. Known as EKO in the former communist East Germany, today they are owned by ArcelorMittal, a global steel company. The factory is open for guided tours.
Lindenallee, formerly Leninallee, is the road leading into the city. It features 1950s apartment blocks, built in the Stalinist neoclassical style. The architecture forms the most spacious monument in Germany—a monument to the model socialist city. The city museum gives an insight into how it all came about. Elsewhere, the Documentation Center of Everyday Life in the GDR aims to give visitors an understanding of life in communist East Germany.
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.