11/20/2015 Refugee crisis shows reality of globalization, says Germany's Schaeuble - Yahoo News

http://news.yahoo.com/refugee-crisis-shows-reality-globalization-says-germanys-schaeuble-211728029.html 1/6

ˠ ➕ ✕

October 8, 2015 5:17 PM

Related Stories

Refugee crisis showsreality of globalization,says Germany'sSchaeuble

LIMA (Reuters) -

The influx of

hundreds of

thousands of

refugees into

Europe is part of

the reality of

globalization,

German Finance

Minister Wolfgang

Schaeuble said on

Thursday.

The German

government expects 800,000 or more people to arrive this year

and media say it could be up to 1.5 million.

German authorities are struggling to cope with the roughly 10,000

refugees arriving every day, many fleeing conflict in the Middle

East.

But Schaeuble, speaking to reporters on the sidelines of the

International Monetary Fund's annual meeting in Peru, said the

influx was part of the reality of globalization.

IMF meetings tried to organize the forces of globalization "such

that everyone can live with them," Schaeuble said.

"In a way, with the refugee crisis we are now seeing in Germany

and in Europe a meeting with the realities of globalization," he

added.

The crisis concerns many people in Germany, where support for

Chancellor Angela Merkel's conservatives has slipped to its lowest

since May on worries about the refugee influx.

(Reporting by Paul Carrel; Editing by Meredith Mazzilli)

1. Germany's Schaeuble: want to deal withrefugee crisis without new debt Reuters

2. The Refugee Crisis Will Define Europe'sFuture Huffington Post

3. Here's What The 2016 Candidates ThinkAbout The Refugee Crisis Huffington Post

4. Refugee crisis reignites EU debate overbudget rules AFP

5. Merkel says Germany can cope withrefugees without raising taxes Reuters

6. Wall Street Furious Over New Trading

Algorithm Startup 365 Sponsored

News Home

U.S.

World

Politics

Tech

Science

Health

Odd News

Local

Dear Abby

Comics

ABC News

Katie Couric

Trending

Photos

Recommended Games

More games »

What to read next

Sylvester Stallone Shows Off His StunningDaughters at 'Creed' Premiere

ETonline

Explosive Cryptocurrency Replacing theUS Dollar?

Wall Street Daily Sponsored

Big Bang's Mayim Bialik 'Heartbroken' OverSheldon's Big Amy Decision

TVLine.com

Father of Paris attacks ringleader wishes sonwas taken alive

AFP

Mom Gets Surprising Text From Late Son'sPhone

Yahoo Parenting Contributors

Follow Yahoo News

Search News Search Web

Holiday Searches Early Black Friday deals Doll houses LED candles

Air mattresses Bose sound system Cowboy boots

� Sign In ✉ Mail ⚙

⌂ Home Mail Search News Sports Finance Weather Games Answers Screen Flickr MobileTry Yahoo News on Firefox »More⋁