In a new ZEW Indicator of Economic Sentiment, investors’ outlook for the Eurozone’s business future plunged 25.8 points to 17.9, the biggest one-month tumble since early in 2020 when the COVID War began.
Tag: Germany
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WHEN THE ECONOMY FALLS JOBS GO WITH IT
It’s global. The numbers are there for all to see. From developed to underdeveloped nations, economies are slowing down and/or contracting.
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RUSSIA SAYS U.S. DECISION TO PUT ADVANCED MISSILES IN GERMANY LATEST STEP TO NEW COLD WAR
Russia announced last week that it will respond “without nerves, without emotions” to the U.S. decision to deploy longer-range missile systems to Germany.
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GLOBAL MANUFACTURING SHOWED MIXED RESULTS IN JUNE
Europe’s manufacturing activity stumbled in June, with the Hamburg Commerce Bank’s purchasing managers index (PMI) for the region sinking to 45.8 after notching 47.3 in May.
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UN: GERMANY CAN KEEP PUMPING GENOCIDAL ISRAEL WITH WEAPONS
The International Court of Justice ruled last week that Berlin can continue to provide weapons to Israel despite an effort by Nicaragua to issue an emergency order to prevent these shipments amid a genocide in Gaza.
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GERMANY KEEPS PUMPING UKRAINE WITH WEAPONS
Germany announced last week that it will provide Ukraine with €500 million weapons, which is part of the previously announced support budget for Kyiv.
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GERMAN FACTORY ORDERS SLID INTO JANUARY
Following an upward turn in December, orders for Germany’s factory goods dropped 11.3 percent in the first month of this year, data from the country’s Federal Statistics Office (FSO) showed.
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GERMANY’S FACTORY OUTPUT FALLS MORE THAN EXPECTED IN JANUARY
Activity in Germany’s export-dependent manufacturing sector fell again this month, sliding more than expected.
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EUROZONE BUSINESS ACTIVITY NOT VERY ACTIVE
After flatlining last year, the Eurozone’s business activity has been struggling back toward growth this month, led by the services sector.
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SPOTLIGHT: RECESSION WATCH
Japan’s economy shrank 0.4 percent in 2023’s final quarter, surprising economists and falling into a technical recession, which is defined as two consecutive quarters of economic contraction.