US-German relations

Germany Demands Gold Repatriation from US Amidst Trust Concerns

Amid concerns about US President Trump’s unpredictable policies, members of Germany’s CDU party are discussing repatriating a significant portion of Germany’s gold reserves currently stored in New York. This follows earlier calls for greater transparency and control over the gold, currently valued at over €100 million. While the Bundesbank has affirmed its trust in the New York Federal Reserve, the CDU’s discussions reflect a shift in sentiment regarding the geopolitical climate and the desire for greater control over Germany’s substantial gold holdings. This debate comes as Germany continues a previous initiative to return some of its gold reserves to domestic soil.

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Merz’s Election Victory Signals Potential US-Germany Rift

German election victor Friedrich Merz’s plans to shift Germany’s focus away from the United States as coalition talks commence are generating considerable international discussion. This potential pivot isn’t simply a rejection of American influence; it’s a complex recalibration of Germany’s foreign policy in the face of evolving global dynamics. The question of how Germany will handle the allocation of frozen Russian assets to Ukraine is a critical factor in this shift. The potential use of these funds to continue the conflict raises concerns and might influence Merz’s decisions regarding his foreign policy strategy.

The timing of this potential pivot is particularly noteworthy, occurring amidst a global reassessment of relationships with the US.… Continue reading