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Germany has been too slow to adapt to the modern world – and is now paying the price
The global economy is “turning a corner”, according to the Organisation for Economic Co-operation and Development (OECD). And the UK, says the Paris-based think-tank, will grow at a “robust” 1.1pc ... Read More
German Government Expects Economy to Shrink by 0.2% This Year, Sueddeutsche Reports
FRANKFURT (Reuters) - Germany's economy ministry plans to downgrade its 2024 economic growth forecast, expecting Europe's largest economy to shrink by 0.2%, newspaper Sueddeutsche Zeitung reported on ... Read More
Political extremes rise amid Germany's economic struggles
The growing political polarization is a symptom of the deeper economic problems in Germany. Extreme parties are gaining ground, particularly in the former East German states, where the economic ... Read More
German economy will recover but still needs reforms, Bundesbank's Nagel says
The German economy will recover as temporary headwinds such as high inflation and interest rates fade, but the country still needs major reforms ranging from immigration to childcare, Bundesbank ... Read More
Germany’s rude economic awakening
While the economy’s struggles ... Germany is increasingly finding it difficult to compete. Once home to some of the premier global companies, from BMW to Adidas, the country is increasingly an ... Read More
Europe’s Global Green Ambitions Push Too Hard Once Again
Europe forged its plan to curb global deforestation three years ago when more than 100 world leaders pledged at the COP26 climate conference to reverse the destruction of millions of hectares of ... Read More
World News
It’s far from clear if the Ukrainian strategy will succeed. By Constant Méheut Sonya Liakh was diagnosed with eye cancer at age 2. After Russia’s invasion of Ukraine disrupted her treatment ... Read More
New study reveals how much influence global powers have on the economy
Do the United States and China truly shape the global economic agenda? A new study investigating the relationship between global powers and the stock market has revealed they have more economic ... Read More
Some revealing comments on the state of the global economy
European Central Bank president Christine Lagarde said the world economy faced pressures similar to those of the 1920s. Read More
Can American Federalism Survive Global De-Dollarization?
While the US dollar is the world's “reserve” currency—at least for now—the reckless spending and money creation policies of the US Government place the dollar ... Read More
Oil’s Fall Into $60s Widens the Runway for the Global Economy to Make a Soft Landing
The world’s advanced ... With global benchmark Brent crude falling below $70 a barrel for the first time since late 2021 on Tuesday, a key component of the energy shock that drove the worst ... Read More
How to Save Europe’s Economy
The U.S. economy is now 30% larger than the European Union’s; it was 17% larger in 2002. By one measure, per capita output in Europe is 34% less than in the U.S. Alas, Europe’s politicians and ... Read More
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