Worries about germanys economic a big one for the first time in years the economy is shrinking but is it just a blip pois sign of a real slowdown meanwhile germanys fourteen by when it comes to auto official intelligence potentially costing the country trillions of euros. Things are getting critical for Industrial Companies along the banks of the river rhine low water levels caused by this honest lack of rain are severely hampering shipping on germanys most important waterway. This is your Business Update on how the homefront and by lynn thanks for joining me the economy here in germany shrank by zero point two percent in the Third Quarter more than analysts had expected and stifled by global trade disputes and problems in germanys car
industry that it is being seen as a wake up call that stable growth is by no means guaranteed. Exports were down and imports up in the Third Quarter thats trouble for an economy built on strong exports a major part of the problem has been a bottleneck in
Worries about germanys economic a boom for the first time in years the economy is shrinking but is it just a blip pois sign of a real slowdown meanwhile germanys foreign buying when it comes to alter official intelligence potentially costing the country trillions of euros. And things are getting critical for Industrial Companies along the banks of the river rhine low water levels caused by this sometimes lack of rain also very hampering shipping on germanys most important waterway. This is your Business Update im out on the homefront in berlin thanks for joining me the economy here in germany shrank by zero point two percent in the Third Quarter more than analysts had expected and stifled by global trade disputes and problems in germanys car
industry that it is being seen as a wake up call that stable growth is by no means guaranteed. Exports were down and imports up in the Third Quarter thats trouble for an economy built on strong exports a major part of the problem has been a bottlen
Worries about germanys economic boom for the first time in years the economy is shrinking but is it just a blip or a sign of a real slowdown meanwhile germanys fourteen by when it comes to auto official intelligence potentially costing the country trillions of euros. And things are getting critical for Industrial Companies along the banks of the river rhine low water levels caused by this summers lack of rain are severely hampering shipping on germanys most important to way. They say is your Business Update im out of the home for you by lead thanks for joining me the economy here in germany strength by zero point two percent in the Third Quarter more than analysts had expected and stifled by global trade disputes and programmes in germanys car industry that it is being seen as
a wake up call that stable growth is by no means guaranteed. Exports were down and imports up in the Third Quarter thats trouble for an economy built on strong exports a major part of the problem has been a bottl
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barrel, if russian oil is rejected on global markets? i mean, look, the number is a bit of an exaggeration but i have been calling for prices well above 150, i have said it will go above $170 if not higher, because yes, he is exactly right about the reasoning, that we just don t have enough spare capacity to offset russian production losses, should all of russian production be lost. but the one thing i will say is that even if europe were to not take russian oil, china well, china already is, and they will only ramp up from here. india is also pretty open to taking russian oil, so total russian production will not be shattered. yes, there is a proportion that is at risk, but we still think asia will step in. by age, i mainly mean china and india, to offset a large part of any losses that stem from europe. part of any losses that stem from euroe. ~ . . , ,, ., from europe. which means russia will still be from europe. which means russia will still be making from europe. which means