Good to have you with us the German Economy in 1000 with a whimper posting 0 growth in the 4th quarter and thats according to new statistics from the federal Statistics Office a growth was already subdued in the 1st quarter with g. D. P. Expanding 5 tenths of a percent with compared to the prior 3 months but then the German Economy contracted by 0. 2 percent trade conflicts and brags that weighed on germanys traditionally export reliant economy and the 3rd of the 3rd quarter rather so i slight recovery boosting hopes but the latest data reaffirmed those earlier fears that europes largest economy is out of sync now for more on this lets go to our financial correspondent in frankfurt chelsea to lanie. Chelsea some disappointing figures there what are investors saying. We havent seen much of a Market Reaction to this but. I think this really just confirms what investors are to new which is the German Economy is stagnant and there isnt really much hope of a turnaround at this point there w
A Market Reaction to this but. I think this really just confirms what investors are to new which is the German Economy is stagnating and there isnt really much hope of a turnaround at this point there was at least one bright spot in this report the 3rd quarter g. D. P. Was survives higher but all in all the German Economy remains particularly the industrial sector is in its longest and deepest recession since in 10 years and if you add into this that the fears over coronavirus and what impact that could have on the industrial sector the talk today is really again about a potential technical recession in germany. So economics is continuing here in germany are we seeing this yet on the main streets in germany amongst the public how do we see this. So far the slowdown has really been concentrated in the Manufacturing Sector but there are some signs that it could be starting to spill over this report today i mentioned a market slowdown in private consumption and the 4th quarter and thats r
The new which is the German Economy stagnating and there isnt really much hope of a turnaround at this point there was at least one bright spot in the surplus 3rd quarter g. D. P. Was survives higher but all in all the German Economy remains particularly industrial sector is in its longest and deepest recession since the end 10 years and if you add into this that the fears over coronavirus and what impact that it could have on that the industrial sector the talk today is really again about a potential technical recession in germany. So economic struggles continuing here in germany are we seeing this yet on the main streets in germany amongst the public how do we see this. So far the slowdown has really been concentrated in the Manufacturing Sector but there are some signs that it could be starting to spill over this report today i mentioned a market slowdown in private consumption and 4th quarter and thats really been the backbone of the German Economy over the past several months as t
Some in just a second but also on the Program Fresh pressure on the trumpet ministration as federal investigators challenge another senior official this time its former National Security advisor Michael Flynn hes pleaded guilty to lying to the f. B. I. About his conversations with russian officials. The countdown to next years soccer world cup in russia has begun as officials make the Group Stage Draw in moscow will find out whos playing who and what that means for the favorites. And an emotional meeting between pope francis and the hinge of refugees in bangladesh the pontiff apologizing for the worlds indifference to their plight after failing to name them publicly and man mom which then is accused of their persecution. Welcome my name is Christopher Spring a good to have you with us German Police have secured and destroyed a package in the city of parts and they say it contained nails and a powdery substance but its unclear whether it was part of an explosive device the package was d
Nails and possibly explosives will bring you the latest also on the program. Fresh pressure on the Trump White House as federal investigators charge another former adviser this time it is the ex National Security had Michael Flynn hes pleaded guilty to lying to the f. B. I. Have his contact with russian officials. Plus the countdown to next years football world cup in russia begins in earnest as officials make the Group Stage Draw in musket well find out how old the favorites found. On World Aids Day we report on the fight against the disease in south africa after his that up against denial and discrimination. And fears of a false dawn in zimbabwe as the countrys new president taxies capital with cronies and generals well bring you the latest from harare. Im phil graham welcome to the program well begin with some breaking news here in germany bomb disposal experts have secured and destroyed a package found in the town of potsdam near berlet they say the package contained nails and a po