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A recession here in germany the focus is turning to fiscal policy after years of solid growth and a commitment to a balanced budget calls are not growing on the government to boost spending to stimulate Economic Growth or mars problemi is facing a number of long term challenges including lack of Digital Infrastructure and an aging population and an expensive commitment to switching to renewable energy. Lets get more on the story now with our financial correspondent and that device in frankfurt and that investors are spooked the dow saw its biggest drop of the year on wednesday major asian markets also trading substantially lower this morning how big a role did germany play in this global selloff. Well actually if you look at the direct Market Reaction when the g. D. P. Data came out there was not so marked off ....
The lowest rate in 17 years showing an uptick of only 4. 8 percent analysts had forecast a 6 percent rise retail sales also rose less than expected a sign of weakening demand among chinese consumers the data suggests that the global slowdown and the trade war with the u. S. Is biting into the worlds 2nd largest economy. Meanwhile europes biggest economy appears to be running out of steam german g. D. P. Shrinking by a 10th of a percent in the 2nd quarter fueling concerns that a slowdown is already here the latest figures follow a lackluster growth in the 1st 3 months of the year and 0 at the end of last year both exports and Industrial Production have fallen in the last quarter should the economy contract to get in the next quarter germany would officially be in recession. Now behind the german slowdown is a series of factors some are global in nature and others are home grown take a look. Of all sectors its the here the 2 ....
Tariffs would have had too much effect on peoples christmases. The president also says the decision follows constructive phone calls with the chinese beijings incentive for ending the trade conflicts was laid bare in figures announced by the government on wednesday july is industrial output growth of 4. 8 percent is well below expectations and the most sluggish since 2002 the numbers also paint a picture of an economy slowing across the board with disappointing retail and investment figures the increasingly tangible impact of the trade conflict with the United States shows its more than just a gang. Thats been in a financial correspondent and dragged from singapore well the latest terror of delayed by donald trump have any impact on this kind of data next quarter was it too little too late. Ok i have the only gift that this delay in terrorists is bringing to china is time this delay is going to be able to buy time for the negotiato ....
Disco. Subscribe to. Documentary. Chocolate lovers can expect to spend more money on their favorite treats in future. The worlds leading Cocoa Producers want to go ahead with plans to trade. And raise prices. Also on the show the president says the Central Bank Financing food imports. Stimulate local Food Production. The deadly fungus. Crops experts say 95 percent of the production could be at risk. This is business africa. As well come. Talk of lovers could be facing hard time soon is following through with its plan of pushing up farm gate prices next season little over 5 percent unless expect the worlds number one cocoa producer ivory coast to follow suit the 2 west african countries produce 60 percent of all cocoa and they want to market their produce together in future of the 2 countries intent to charge 40 ....
Better. A global 3000. 00 special report. Starts august 19th some details of. The us post tariffs on chinese goods as beijing releases new figures it says show it shows the economy is still booming the slowest rate for 17 years. Dont use the r word just yes for the 1st time in nearly 10 years germanys economy contracts is the golden decade of growth coming to an end for europes economic problems. Fungus wipes out the. Experts say 95 percent of the worlds banana production could be at risk. This is business. As well come the latest figures published by china show from its factories is growing albeit at its slowest rate for 17 years the impact of the trade war with the u. S. Is taking its toll at home thought a white house decision to delay some toes the u. S. Plan to slap on chinese products because of least some hope that tensions truth easing. The delayed tariffs if theyd hit in september would have been no laughing matter for ordinary americans for the 1st time they would have affect ....