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Bill Gates: Finance tax should aid world’s poor

Bill Gates was the star attraction at a German Social Democratic Party (SPD) meeting in Potsdam on Monday, calling for world hunger to be fought with taxes raised on financial transactions.

Bill Gates: Finance tax should aid world's poor
Photo: DPA

SPD lead Sigmar Gabriel said at the meeting he stood behind the European Union plan to invest 0.7 percent of gross domestic product (GDP) in development policies.

Microsoft founder Gates, one of the world’s richest men, has long focused his efforts on the Bill and Melinda Gates Foundation which funds health and education projects around the world.

He was invited to the Potsdam meeting of the centre-left SPD leadership meeting to talk with them about the foundation. He called for Germany and Europe not to abandon their contributions, despite the financial crisis.

Speaking ahead of the meeting Gates said the world was on the brink of great victories in the fight against illness and global poverty. “Germany plays a decisive role in enabling us to bank on success,” he told the SPD paper Vorwärts (Forwards).

“Development aid only counts for a fraction of public spending in most donor countries. Cuts in this area will not solve our budgetary problems,” he said.

He said that great strides had been made in public health matters over the past 20 years – with the number of children dying before the age of five shrinking from 20 million in 1960 to less than 6.9 million in 2011.

But enormous differences remained. “We still have a long way ahead of us to ensure that every child that is born has the same chance of a healthy life regardless of whether it is born in a rich or a poor country,” said Gates.

DPA/The Local/hc

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SPD

Germany edges a step closer to a government led by the Social Democrats

The Social Democrats' Olaf Scholz said that his party together with the Greens and the Free Democrats had a "mandate" to form a government in Germany, after the parties agreed to begin coalition talks.

The SPD's chancellor candidate Olaf Scholz speaks to reporters in Berlin on Wednesday.
The SPD's chancellor candidate Olaf Scholz speaks to reporters in Berlin on Wednesday. Photo: picture alliance/dpa | Michael Kappeler

“Voters have given us a mandate to build a government together,” Scholz told journalists after the Greens and the liberal FDP agreed to meet his party Thursday to begin discussions over a possible three-way coalition.

The move brings Scholz a step closer to the chancellery after 16 years of Merkel’s centre-right-led government.

The political upheaval in Germany was unleashed by last month’s general election which Scholz’s centre-left party won with 25.7 percent, followed by Merkel’s centre-right CDU-CSU bloc at 24.1 percent.

For either party to head the next German government it would need the support of the centre-left Greens and the pro-innovation and business Free Democrats (FDP), which came third and fourth.

Despite leading the conservatives to their worst-ever election result, beleaguered CDU leader Armin Laschet insisted he still has a shot at the top job.

Speaking to reporters, Laschet said the conservatives “respect the decision” by the two kingmaker parties to pursue a coalition with the SPD.

But the CDU-CSU is “still ready to hold talks,” he said.

READ ALSO: German coalition talks – Greens want to govern with Social Democrats and FDP

CSU leader Markus Söder however gave a more sobering assessment, saying the possibility of a CDU-CSU government had essentially been “rejected”.

The conservative bloc must now prepare itself for a stint in opposition after four Merkel-led coalitions, he said.

“This will change our country,” Söder said, adding: “The conservatives will enter a new era too.”

Recent surveys suggest most Germans want Scholz, who is also finance minister and vice chancellor, to become the next leader of Germany.

‘Building bridges’ 

Green co-leader Annalena Baerbock said that after preliminary discussions with the SPD and CDU-CSU, the Greens “believe it makes sense” to focus on a tie-up led by the Social Democrats.

Baerbock said Germany faced “great challenges” and needed “a new beginning”.

“This country can’t afford a lengthy stalemate,” she said.

READ ALSO: 10 German words you need to know to keep up with the coalition talks

Greens co-leaders Annalena Baerbock and Robert Habeck give a press conference on Wednesday after exploratory talks.
Greens co-leaders Annalena Baerbock and Robert Habeck give a press conference on Wednesday after exploratory talks. Photo: picture alliance/dpa | Kay Nietfeld

The FDP said it had accepted the Greens’ proposal to move on to formal exploratory coalition talks with the SPD.

The first such three-way talks will start on Thursday, FDP leader Christian Lindner said.

The Greens and the FDP are not natural bedfellows, diverging on key issues including taxation, climate protection and public spending.

But both parties have said they also have common ground and want to “build bridges” in order to govern.

All sides are eager to avoid a repeat of the 2017 election aftermath, when the FDP dramatically walked out of coalition talks with the conservatives and the Greens and it took months for a new government to take shape.

 ‘Not a done deal’

A tie-up of the SPD, Greens and FDP, which would be a first in Germany, has been dubbed a “traffic light” constellation after the parties’ red, green and yellow colours.

READ ALSO:

Green co-leader Robert Habeck said that while the party shared some common ground with the conservatives, there are “significant differences” too.

Informal talks over the last few days revealed “more overlap” with the Social Democrats, he said, on issues like climate protection, social justice and European integration.

The clear preference for a Scholz-led government is likely to put further pressure on Laschet, whose political future hangs in the balance.

Gaffe-prone Laschet, once seen as a shoo-in for the chancellery, fell out of favour with voters after he was caught laughing during a tribute to victims of Germany’s deadly floods in July.

The FDP however threw Laschet a lifeline by stressing that the conservatives were not out of the running yet.

The FDP’s Lindner said a coalition with the CDU-CSU and the Greens – dubbed a “Jamaica” alliance because the parties’ colours match that country’s
flag – “remains a viable option for us”.

The FDP has served as the junior partner in a conservative-led government before, and they share a dislike for tax hikes, red tape and a relaxation of Germany’s strict debt rules.

Green co-leader Habeck also cautioned that “nothing is a done deal yet”.

Merkel herself is bowing out of politics, although she will stay on in a caretaker capacity throughout the coalition haggling.

By Michelle FITZPATRICK

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