Germany s exports in April near pre-crisis levels
Xinhua
10 Jun 2021, 02:18 GMT+10
BERLIN, June 9 (Xinhua) Germany s exports continued to approach pre-crisis levels and grew 0.3 percent in April compared to the previous month, the Federal Statistical Office (Destatis) announced on Wednesday. Within one year, exports recovered by 47.7 percent and reached 111.8 billion euros (136.5 billion U.S. dollars) in April after the country s foreign trade had collapsed due to COVID-19 pandemic, according to Destatis. Exports to the United States even increased by 59.9 percent year-on-year to 10.1 billion euros in April, while German exports to China rose by 16 percent to 8.4 billion euros, according to Destatis. Business with China is supporting the upswing, said Joachim Lang, director general of the Federation of German Industries (BDI), in a statement, adding that Trade with the United States is also recovering and the U.S. economic stimulus package would create additional deman
Tokyo Olympics: IOC insists games will not be canceled
Authorities in
Cambodia eased restrictions further over the weekend, including the night curfew and ban on alcohol sales. However, the country has been battling a surge in cases February.
As the spread gradually reduces, overcrowded places such as prisons and garment factories are causing concern. Local media reported at least 18 inmates at the main prison in capital city Phnom Penh had tested positive. There has also been an outbreak in the Preah Sihanouk prison at Cambodia s coast, where hundreds have tested positive according to Human Rights Watch.
Europe
The
Federation of German Industries (BDI) has called for an end to compulsory testing in companies as well as requirements to work from home, the Funke media group reported.
Economic Watch: EU confident about economic recovery amid loosening of pandemic restrictions - World News sina.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from sina.com Daily Mail and Mail on Sunday newspapers.