Tag Archives: Crisis

GERMANY FINANCIAL CRISIS: Merkel facing worst growth in A DECADE – 'Good times are OVER!'

The federal government has lowered its growth forecast for 2019 to 0.5 percent, down from an already lowered estimate of 1.0 percent. Initial gross domestic product (GDP) growth expectations for this year were once as high as 1.8 percent. However, the German government is insisting momentum is…

https://is.gd/hG4rFP

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Turkey lira CRISIS: New election could spark CHAOS for currency – market strategist

The Turkish leader has appealed for the Istanbul election to be re-run after his AK Party were defeated by a narrow margin to the main opposition Republican People’s Party (CHP). Recounts ended today and the CHP candidate Ekrem Imamoglu said he expected to be installed as mayor despite protest …

https://is.gd/ZMk8Xt

Turkey lira CRISIS: Currency WEAKENS near to WORST level against US dollar in SIX MONTHS

The struggling Turkish currency briefly rose earlier before falling back versus the American greenback as the lira remains under pressure from the fallout of the local elections and deteriorating diplomatic relations with the United States. At 12.41pm UK time, the lira is trading at 5.8051,…

https://is.gd/4Xiist

Germany CRISIS: Strongest exporting state could face damages worth BILLIONS from Brexit

Bavaria’s economics minister Hubert Aiwanger said his state is keeping a close eye on Brexit updates in anticipation for a disorderly exit, which he claims could erupt a devastating impact on the German economy. The Munich Economic Institute ifo has already predicted how expensive a hard…

https://is.gd/W7p9Qv

Turkey lira CRISIS: Currency WEAKENS near to WORST level against US dollar in SIX MONTHS

The struggling Turkish currency briefly rose earlier before falling back versus the American greenback as the lira remains under pressure from the fallout of the local elections and deteriorating diplomatic relations with the United States. At 12.41pm UK time, the lira is trading at 5.8051,…

https://is.gd/OHIGek

Germany CRISIS: Strongest exporting state could face damages worth BILLIONS from Brexit

Bavaria’s economics minister Hubert Aiwanger said his state is keeping a close eye on Brexit updates in anticipation for a disorderly exit, which he claims could erupt a devastating impact on the German economy. The Munich Economic Institute ifo has already predicted how expensive a hard…

https://is.gd/JSFXcb

EUROZONE CRISIS: EU economy 'running out of growth options' – Huge Brexit fears looming

The UK is currently scheduled to leave the European Union on October 31, 2019, after Theresa May managed to secure a deadline from the remaining EU member states. Securing a Brexit pushback meant Britain averted a default position of departing the bloc at 11pm tonight, April 12, without a deal…

https://is.gd/CEY5GP