Draghi ready to expand stimulus efforts
European Central Bank President Mario Draghi says he and his team will use whatever means necessary to get the eurozone economy back on track. Speaking to an audience of bankers in Frankfurt, Draghi said the bank was prepared to expand its purchases of assets if its current measures fell short. The news triggered rallies on European stock exchanges.
Asian Pacific Conference in Vietnam
Asia is the backbone of the world economy, that is what German economy minister Sigmar Gabriel told more than 750 Asian and German business people gathered in Vietnam for the Asian Pacific Conference. Asia accounts for roughly 30 percent of world GDP, and 60 percent of the world's population. Participants at the two day conference in Ho Chi Minh city hope to tap in to that potential
Germany's vocational education and training system catches on
One German export thats is proving popular is a concept, not a product. German instructors are currently giving vocational training to Taiwanese teachers. The training is based on Germany's dual vocational education and training system - theoretical education is combined with on-the-job training. The system is considered one of the main reasons that Germany escaped the worst of the financial crisis.