The federal government is trying to fill a job gap that has plagued the U.S. food industry for years.The U.N. has been trying to provide some guidance on how to create jobs and what to do if you don't get one.Here's what you need to know about it. 1.What is a food industry?Food is a complex, multi-stakeholder business that involves thousands of people and companies.It involves thousands more peopl...
German stocks dropped for the first time in a week after German Prime Minister Christian Kern blamed Brexit on the drop in foreign direct investment.
Kern, a member of Chancellor Angela Trump’s conservative Christian Democratic Union (CDU) party, called the drop a “travesty” and said Merkel’s party would not accept the result.
The German benchmark DAX index closed down 1.6%, while the S&P 500 index was down 0.6%.
Kern, who has also criticized the EU, said Germany should “be more proactive in supporting the euro zone”.
“It’s an embarrassment, it’s a betrayal,” Kern told reporters.
“It shows a lack of concern about the economic and social well-being of our country.”
Kern said he would not tolerate the EU’s “negative influence on our country and its future”.
The German chancellor’s party lost support for the last time in November 2016, when the country voted for the European Union.
Merkel’s conservatives have been in power since 2005.
Merkel, who was re-elected in a national election on Sunday, is a member in the Christian Democratic Party.
Trump has repeatedly called for Germany to remain in the EU.
“Germany is no longer a member state of the European Community, and so it is no more a member.
That means we will no longer have any access to the EU markets and we will have to renegotiate our relations with the bloc,” Trump told the BBC’s The World at One programme.
Kern’s comments were the latest in a string of criticisms of Merkel’s government.
Last week, German officials said they would be willing to make changes to the country’s labour laws to allow foreign direct investments.
The comments also come as Trump has promised to renegotiates the terms of the North American Free Trade Agreement (NAFTA), the biggest free trade deal in world history.
Kern also said that Germany would “not accept” the result of the election, and said the country had been unfairly treated by the EU for years.
“The German people have rejected Merkel’s refugee policy,” Kern said in a speech on Sunday.
“They will not accept that a politician with a far right agenda would become the Chancellor of the country.”
The SPD, which is Merkel’s center-left party, was also quick to condemn Kern’s remarks.
“We are in no mood for such a betrayal of our nation,” SPD leader Martin Schulz said.
The SPD leader has repeatedly said that he wants to renegotiat the deal with the EU as the country struggles to cope with a surge in migrants.
On Monday, the country also voted in a referendum to decide whether to leave the EU and become an independent state.