Horst Kohler

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German President Resigns

Horst Koehler resigns after controversial military remarks

(Newser) - In a surprise move, German President Horst Koehler resigned today after being criticized for reportedly linking military deployments abroad with the country's economic interests. The resignation, effective immediately, came only a year into Koehler's second term as the largely ceremonial head of state, and creates a new headache for Chancellor... More »

'Monster' Markets Brought World to Edge: German Prez

Köhler, former head of IMF, rips lust for profit, calls for tightened regulaion

(Newser) - Germany's president, a former head of the International Monetary Fund, blasted the system of financial markets responsible for the global credit crisis as a “monster," Der Speigel reports today. Horst Köhler said the world “came close to a collapse of the global financial markets" as the... More »

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