Germans Back Merkel On Europe And Economy

NATO chief urges Europe to fill drone, aircraft gaps

Merkel’s party was within two seats of obtaining a super majority, which will mean it doesn’t need to build a coalition with another party to govern. The results appeared to validate Merkel’s policies and leadership style. Merkel is only the third post-war chancellor to win three successive elections. “Give or take a few details, Germany’s euro policies are based on strong public support and a virtual consensus of all mainstream parties. The strong support for Merkel herself and her [party] today underscores that point,” said Holger Schmieding, chief economist at Berenberg bank. Her previous coalition partner, the liberal Free Democratic Party (FDP), was by far the biggest loser Sunday and appeared to have fallen short of the 5% threshold needed to enter parliament. A new anti-euro party AfD may have won enough support to win its first seats but didn’t make the big breakthrough it wanted. Google+ Market indexes are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer LIBOR Warning: Neither BBA Enterprises Limited, nor the BBA LIBOR Contributor Banks, nor Reuters, can be held liable for any irregularity or inaccuracy of BBA LIBOR. Disclaimer . Morningstar: 2013 Morningstar, Inc. All Rights Reserved. Disclaimer The Dow Jones IndexesSM are proprietary to and distributed by Dow Jones & Company, Inc.


Credit: Reuters/Francois Lenoir By Adrian Croft BRUSSELS | Wed Sep 18, 2013 10:37pm BST BRUSSELS (Reuters) – NATO Secretary-General Anders Fogh Rasmussen will urge Europe on Thursday to step up its commitment to defence by buying more surveillance drones, transport and tanker aircraft and strengthening its fragmented defence industry. Senior U.S. officials, and Rasmussen himself, have expressed growing concern that defence cuts pushed through by cash-strapped European governments have created a big gulf between U.S. and European military capabilities and risk weakening NATO. The European Union has also launched a debate, set to culminate in a summit of European leaders in December, on how Europe can strengthen its arms industry and bolster a common defence policy. In a speech to the Carnegie Europe think tank in Brussels on Thursday, Rasmussen will argue that a strong NATO needs “a strong Europe – with strong capabilities, strong defence industries, and strong political commitment,” NATO officials said. He is expected to urge European allies to strengthen their capabilities in key areas, saying they should acquire more surveillance drones, more large transport and air-to-air refuelling aircraft and more upgraded ship radars so they can be integrated into NATO’s planned missile defence system. As the United States turns its strategic focus increasingly towards Asia, it is banking on Europe to take more military responsibility in its backyard. But during the 2011 Libya conflict, European states had to rely heavily on the United States for air-to-air refuelling, intelligence and surveillance. Rasmussen will also say that Europe needs a strong defence industrial base, arguing that the continent’s defence industry remains too national and fragmented, NATO officials said. He will welcome proposals put forward by the European Union’s executive Commission in July to make the industry more efficient and competitive. The Commission proposed helping Europe’s defence industry cope with falling military budgets by funding research and aiding the development of new technologies with military uses.

MeteoGroup Acquires Leading European Weather Business

The network of 830 proprietary weather stations across Germany and Switzerland opens up new and exciting opportunities for developing high resolution forecasting technologies. As part of the acquisition, MeteoGroup has also entered into a joint venture, mminternational (Asia) Ltd, to develop business opportunities in the Asian market, where both MeteoGroup and mminternational (Europe) are already active. Jennie Campbell, managing director of MeteoGroup, said: “We are delighted to be able to bring together two of the leading weather businesses in Europe, consolidating our position as one of the largest private sector weather companies in the world. “The acquisition of mminternational (Europe) is part of MeteoGroup’s long-term investment strategy, directly benefiting our customers with the addition of more skilled resource and an extended product portfolio.” Martin Kurer, mminternational (Europe)’s chairman, said: “MeteoGroup and mminternational (Europe) are complementary businesses, sharing a culture of quality, innovation, customer service and continuous improvement in forecasting and products. Both company’s customers demand smart, high quality and cost efficient solutions and the combined strength of the two businesses will mean more resources, more R&D expertiseandincreasedefficiency. “I am also delighted to be heading up our Asian joint venture, which will see expansion in the Philippines, where a network of 1,000 weather stations is currently being implemented. With MeteoGroup’s support, we are looking forward to maximising the exciting opportunities for growth in the Asian market.” MeteoGroup Ltd MeteoGroup has a global customer base and operations in ten European countries, the USA and Southeast Asia, as well as representatives in the Middle East and Far East. Founded in 1986, it combines experience and global coverage with local expertise to offer its customers highly accurate and bespoke weather services. Meteorologists provide forecasts, support and monitoring and consultancy services 24 hours a day. In addition, a dedicated weather modelling team develop MeteoGroup’s in-house systems and forecasting techniques. MeteoGroup is a full-service weather business supplying tailored products to business and consumer markets. It also has an in-house broadcast graphics operation providing services to broadcasters across Europe and it provides graphics for innovative mobile consumer products and cutting edge visualisation for corporate and industrial decision support tools. The company developed WeatherPro, Europe’s leading paid-for weather App. Mminternational (Europe) AG mminternational (Europe) is a leading provider of high quality weather solutions, supplying services to a wide range of industries for over 20 years. The media division, meteomedia, provides weather services to TV, radio, print, online and mobile customers, as well as to the tourist industry.