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Politics : Foreign Affairs Discussion Group -- Ignore unavailable to you. Want to Upgrade?

To: NickSE who wrote (73362)	2/12/2003 9:49:04 PM
From: NickSE	Respond to of 281500

I wonder how long the French and German economies can hold out opposing the US position on Iraq. ~~~~~~~~~~~~~~~ European business fears Iraq fall-out news.ft.com [....] A spokesman for the German association of chambers of commerce said its board had raised reports with chancellor Gerhard Schröder that some of its members had experienced "difficult negotiations" with US customers. The BGA said: "This is happening across the board, from consumer goods to capital goods and services. Companies in the air, space and defence sectors are being affected. Even banks are concerned that US investors may shun German securities." ~~~~~~~~~~~~~~~ Congress lashes out at 'old Europe' news.bbc.co.uk [....] US lawmakers are threatening to take retaliatory action against France, Belgium and Germany for their opposition to US policy towards Iraq. Anger with the French and German stand has led some US congressmen to call for a trade boycott of French products and the withdrawal of some US troops from Germany. And some consumers are already reducing their purchases of French cheese and wine. [....] ~~~~~~~~~~~~~~~ Will U.S. Scale Down Military Presence in Germany? dw-world.de [....] It's not all 'GI Joes' at the Spangdahlem U.S. airbase. The base in the south Western German state of Rhineland Palatinate is not just home to 5,000 U.S. airmen and women, but is also the region's biggest employer. 800 German employees who live in the surrounding towns and villages work at the base and the presence of the U.S. military provides around 20,000 further jobs in the area, according to a recent study by the University of Kaiserslautern. Nationwide, some 12,000 resident Germans are directly employed by the American military in Germany. [....]