German bOSSES can’t catch a break. Since Russia’s invasion of Ukraine almost three years in the past their companies have been pummelled by surging power costs, slowing demand in China, stiffening competitors, fractious employees and a dysfunctional (although quickly to be ousted) authorities. Shares in German firms have risen by simply 3% because the begin of 2022, in contrast with 16% for these in wealthy nations as an entire (see chart). Now the nation’s CEOs are wringing their fingers over Donald Trump’s return to energy.