German unemployment extended its decline in November, withstanding the worst recession in 12 years, as employers continue to retain and even recruit staff even as orders slump. The number of people out of work, adjusted for seasonal variations, dropped a further 10,000 in November to reach 3.15 million, following a 26,000 fall in October, according to data from the Federal Labor Agency out today (Thursday). The adjusted unemployment rate held at 7.5 percent, a 16- year low. br /br /br /a href="http://2.bp.blogspot.com/_ngczZkrw340/SS6dZ5gWymI/AAAAAAAALlE/9UbfR71hm14/s1600-h/germany+unemployed.png"img style="display:block; margin:0px auto 10px; text-align:center;cursor:pointer; cursor:hand;width: 320px; height: 198px;" src="http://2.bp.blogspot.com/_ngczZkrw340/SS6dZ5gWymI/AAAAAAAALlE/9UbfR71hm14/s320/germany+unemployed.png" border="0" alt=""id="BLOGGER_PHOTO_ID_5273325281956252258" //abr /br /The German labour market normally follow broader economic trends only with a time lag - sometimes of as much as nine months, according to research by the Cologne-based IW economic institute. Since Germany’s recession began in the second quarter we may well only see the unemployment numbers begin to respond at the start of ...

Short-sellers scrambling for cover sent shares of Volkswagen AG (OTC ADR: VLKAY) rocketing up more than $1,000 each Tuesday, to briefly give the German automaker the most valuable market capitalization in the world.

Volkswagen’s Frankfurt-traded shares soared as high as $1,258 (1,005 euros) before closing at $1,186 (918 euros) yesterday.

On Monday, Porsche SE (PINK: POAHF) announced it had acquired options on 31.5% of Volkswagen’s stock, in addition to the 42.6% direct stake it already controlled. With the German state of Lower Saxony controlling another 20.2% of Volkswagen stock, that left a very small amount of shares available for short-sellers who had bet on a decline in Volkswagen’s share price - given the poor outlook for the global auto industry - to cover their “short” positions.

“We’re getting a sense of the Sturm und Drang in the markets now,” Michael Holland, the manager of Holland & Co., an investment management firm,

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Short-sellers scrambling for cover sent shares of Volkswagen AG (OTC ADR: VLKAY) rocketing up more than $1,000 each yesterday (Tuesday), to briefly give the German automaker the most valuable market capitalization in the world. Volkswagen’s Frankfurt-traded shares soared as high as $1,258 (1,005 euros) before closing at $1,186 (918 euros) yesterday. On Monday, Porsche SE (PINK: POAHF) announced it had acquired options on 31.5% of Volkswagen’s stock, in addition to the 42.6% direct stake it already controlled. With the German state of Lower Saxony controlling another 20.2% of Volkswagen stock, that left a very small amount of shares available for short-sellers who had bet on a decline in Volkswagen’s share price - given the poor outlook for the global auto industry - to cover their "short" positions. "We’re getting a sense of the Sturm und Drang in the markets ...

Germany Hedge FundsGermany Hedge Fund GuideHere is a short collection of articles on the hedge fund industry in Germany. I am always looking for more valuable online tools and resources to add to these geographical hedge fund guides to the hedge fund industry. If you have a white paper or PowerPoint that I can include here please send me an email and I will post it for everyone's benefit.German Hedge Fund Resources:Germany to Step Up Hedge Fund Scrutiny. As a plan for German governemnt to place a greater scrutiny on country's hedge fund investment, Barbara Hendricks, the deputy finance minister, said that Germany would force the funds to declare stakes in companies when they rise to three ...