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People smoke marijuana cigarette in front of the Brandenburg Gate during the 'Smoke-In' event in Berlin, Germany, Monday, April 1, 2024. Starting 1 April, Germany has legalised cannabis for personal use. As per the new law, Adults aged 18 and over will be allowed to carry up to 25 grams of cannabis for their own consumption. (AP Photo/Ebrahim Noroozi)

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Germany has legalized possession of small amounts of cannabis. Not everyone is mellow about that.
By DAVID MCHUGH - Associated Press
Mon,04/01/24-5:03AM , 237 Reads
FRANKFURT, Germany (AP) — Marijuana campaigners in Germany lit celebratory joints on Monday as the country legalized possession of small amounts of cannabis for recreational use over objections from doctors and police.
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President of European Central Bank Christine Lagarde, center, walks to the press conference in Frankfurt, Germany, Thursday, March 7, 2024, after a meeting of the ECB's governing council. The European Central Bank left its key interest rate at a record high as it waits for more confirmation that toxic inflation is under control for good — even as high borrowing costs drag on the stalled economy. (AP Photo/Michael Probst)

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Europe's economy has stalled. But an interest rate cut will likely have to wait for summer
By DAVID MCHUGH - AP Business Writer
Wed,03/06/24-11:25PM , 106 Reads
FRANKFURT, Germany (AP) — Inflation in Europe is way down from its painful double-digit peak, and the economy has stalled.
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President of European Central Bank Christine Lagarde speaks at the press conference in Frankfurt, Germany, Thursday, Sept. 14, 2023. The European Central Bank kept its key interest rate at a record high Thursday, Dec. 14, 2023, and said it will leave it there as long as needed to battle back inflation, signaling that cuts are not around the corner despite expectations it will act next year to support the shrinking economy. (AP Photo/Michael Probst, File)

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European Central Bank keeps its key interest rate at a record high. Now, when will it cut?
By DAVID MCHUGH - AP Business Writer
Thu,12/14/23-12:05AM , 96 Reads
FRANKFURT, Germany (AP) — The European Central Bank kept its key interest rate at a record high Thursday and said it will leave it there as long as needed to battle back inflation, signaling that cuts are not around the corner despite expectat
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German Chancellor Olaf Scholz delivers a speech about Germany's budget crisis at the parliament Bundestag in Berlin, Germany, Tuesday, Nov. 28, 2023. With its economy already struggling, Germany now is wrestling to find a way out of a budget crisis after a court struck down billions in funding for clean energy projects and help for people facing high energy bills because of Russia's war in Ukraine. (AP Photo/Markus Schreiber)

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The worst-performing major economy also faces a budget crisis. Germany's leader vows fixes, but how?
By DAVID MCHUGH - AP Business Writer
Mon,11/27/23-11:07PM , 97 Reads
FRANKFURT, Germany (AP) — German Chancellor Olaf Scholz vowed Tuesday that his government will work “as fast as possible” to solve a budget crisis, but he offered few details on how he would achieve his goals of promoting clean energy and modernizing the struggling economy after a
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