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Tim Devaney

Tim Devaney was a national reporter who covered business and international trade for The Washington Times.

Articles by Tim Devaney

Janet Yellen, vice chair of the Board of Governors of the Federal Reserve System, smiles as President Barack Obama speaks in the State Dining Room of the White House in Washington, Wednesday, Oct. 9, 2013, where the president announced he is nominating Yellen to be chair of the Federal Reserve, succeeding Ben Bernanke. (AP Photo/Pablo Martinez Monsivais)

Obama makes it official: Yellen to head Fed

From Capitol Hill to Wall Street, Janet Yellen is receiving strong early support as she looks to take over for Ben S. Bernanke as the first chairwoman of the Federal Reserve starting in 2014. Published October 9, 2013

German Chancellor Angela Merkel gestures during her speech at an election campaign event her  German Christian Democratic Union (CDU) in Fulda, Germany, on Thursday, Sept. 19, 2013. Words in background  read: 'For Germany'.  General elections are scheduled for Sunday Sept. 22, 2013. (AP Photo/Jens Meyer)

Merkel’s party looks to Social Democrats for ruling coalition in Germany

German Chancellor Angela Merkel's conservatives plan to open coalition talks Friday with leftist Social Democrats in the first round of political bargaining that could drag into early next year, as the two parties haggle over the direction of the next government in the economic powerhouse of Europe. Published October 1, 2013

Angela Merkel, German chancellor and chairwoman of the Christian Democratic party, smiles during a news conference after a party's board meeting in Berlin on Sept. 23, 2013. (Associated Press)

Merkel reaches out to rivals on coalition

Fresh off a landslide victory on Sunday's election day, German Chancellor Angela Merkel said Monday she has already reached out to the center-left Social Democratic Party as she tries to form a new governing coalition. Published September 23, 2013

Merkel cruising; coalition to govern Germany in question

| Like it or not, German Chancellor Angela Merkel has become the face of economic austerity around the world. To the rest of Europe, particularly struggling economies to the south such as Greece and Italy, Mrs. Merkel's rigid financial reforms are deeply unpopular, slashing social welfare nets and raising unemployment to record levels in an effort to get these countries to "take their medicine" and fix their out-of-control budgets. Published September 19, 2013

**FILE** German Finance Minister Peer Steinbruck arrives for the G20 finance Minister's summit at the Treasury in Westminster, London, on Sept. 5, 2009. (Associated Press)

A ‘bird’ in hand proves costly for German challenger

Peer Steinbruck, Chancellor Angela Merkel's leading challenger in national elections later this month, is getting new attention not for his platform but for having directed a universally understood obscene hand gesture at reporters and editors in a recent interview with a top German newspaper. Published September 17, 2013

Striking metro workers stand under a banner that reads: "Strike 8th Day'' at the the central depot in Athens, Thursday, Jan. 24, 2013. Greece’s conservative prime minister is holding emergency meeting after a deadline for striking public transport workers expired, leaving Athens’ subway system closed for an eighth day. Strikers protesting pay cuts refused to return to work Thursday despite a court decision declaring their protest illegal. (AP Photo/Thanassis Stavrakis)

Greece’s economy plays role in German election

In Germany, rumors of yet another Greek bailout and the escalating conflict in Syria could prove to be the greatest threats to Angela Merkel's re-election campaign, just two weeks before voters head to the ballot box. Published September 10, 2013

** FILE ** In this Sunday, Aug. 4, 2013, photo released by the Syrian official news agency SANA, Syrian President Bashar Assad delivers a speech at an Iftar dinner with political and religious figures in Damascus, Syria. (AP Photo/SANA)

German intel shows Assad did not order Syria gas attack: report

German intelligence findings indicate that Syrian President Bashar Assad might not have ordered an Aug. 21 chemical weapons attack but instead tried to block his military commanders from launching it, a German newspaper has reported. Published September 9, 2013

The father of National Security Agency leaker Edward J. Snowden arrived Thursday, Oct. 11 in Moscow hoping to meet his son. “I am his father. I love my son,” Lon Snowden told reporters in remarks broadcast by Russian TV. (Associated Press)

Report: British spy group tracks European Web, phone communications

British officials have access to a majority of Internet and telephone communications flowing throughout Europe, and in some cases reaching to the United States and other parts of the world, according to new documents from American whistleblower Edward Snowden, according to a new report in the German press. Published August 28, 2013

German Chancellor Angela Merkel speaks at an election campaign event of Germany's Christian Democratic Union (CDU) in Ilmenau, Germany, on Monday, Aug. 26, 2013. (AP Photo/Jens Meyer)

Germany facing increased pressure as Syria crisis builds

With the Obama administration talking openly of a possible military strike against Syria, the German government and Chancellor Angela Merkel face growing pressure to end months of studied ambiguity and take a stand against the regime of Syrian President Bashar Assad. Published August 27, 2013

Peer Steinbruck, leader of the center-left Social Democrats, presents the main challenge to German Chancellor Angela Merkel. Despite his gaffes, Mr. Steinbruck has put Mrs. Merkel on the defensive by using the German government's links to the National Security Agency eavesdropping scandal as a campaign issue. (Associated Press)

Germany is likely to forge ahead with Merkel policy

Less than a month before Germans head to the polls, Chancellor Angela Merkel remains the country's most popular politician and her conservative Christian Democratic Union holds a significant lead among voters in a campaign that could set the tone for the next decade of the eurozone and trans-Atlantic relations. Published August 25, 2013

Italian winemaker Alessandro Lunardelli says the vino with labels of Hitler — some with Nazi slogans — Mussolini and others is"not meant to offend anyone." The L.A.-based Simon Wiesenthal Center, however, is offended, saying the wine "mocks Hitler's victims." (associated press)

Furor over fuehrer in the wine aisle

MUNICH | A Jewish human rights organization is calling for a boycott of an Italian winemaker that sells Hitler-themed wine. Published August 12, 2013

**FILE** French President Nicolas Sarkozy (center) and German Chancellor Angela Merkel (right) stop at a roast sausage fast food stand as they visit the Christmas market in Freiburg, Germany, on Dec.  10, 2010. (Associated Press)

German politicians push for sausage ban

A group of German politicians is pushing for workplace cafeterias to institute an unpopular vegetarian day once a week where employees cannot eat popular Bavarian meats, such as schnitzel and wursts. Published August 9, 2013