Revealed: Small German town where nearly EVERYTHING is in Arabic

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The town of Garmisch has become a hit with Kuwaitis (Die Welt)

 

NESTLED in the mountains on the country’s stunning southern border with Austria is a typically idyllic German town.

But a quick walk around picture perfect Garmisch reveals how something decidedly exotic has taken hold.

The town is overflowing with signs written in Arabic, but they are not welcoming newly arrived refugees from war-torn Syria. Continue reading

U.S. unlikely to block Chinese purchase of Smithfield

The U.S. government should soon give the go-ahead for the largest ever Chinese acquisition of a U.S. company: a Chinese food group’s $4.7-billion (U.S.) deal to buy Smithfield Foods Inc., a person familiar with the matter told Reuters.

Government approval of the purchase of Smithfield by Shuanghui International Holdings would be a major step forward for the deal. But it still needs shareholder approval, and at least one substantial shareholder is looking for a higher price. Continue reading