Tag Archives: economy

Germany production at LOWEST level given that 2012 in bleak outlook for Merkel economy

IHS Markit’s Purchasing Managers’ Index (PMI) for production, which represents about a fifth of the economy, was up to 44.3 in May, near its least expensive level given that2012 This is down on the 44.4 tape-recorded in April and is the 5th month reading in a row listed below the 50 mark that separates development […]

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Trump UK visit: President trip marred by warning US-China trade war will DESTROY economy

Chetan Ahya, chief economist for the global lender, warned investors are overlooking the threat posed from the sparring economic powerhouses, who have been locked in a hostile tit-for-tat tariff spat for months on end. The financial analyst predicted the world could be thrust into recession in as soon as nine months’ time should the US […]

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United States economy FAILS to beat projection: Trade war presses GDP lower than approximated

Gross domestic item (GDP) increased at a 3.1 percent yearly rate, the federal government stated in its 2nd reading of first-quarter information. This was a little below the 3.2 percent speed anticipated by the Bureau of Economic Analysis last month. However, the figure did beat a quote from Dow Jones, who believed the economy would […]

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US economy FAILS to beat forecast: Trade war pushes GDP lower than estimated

Gross domestic product (GDP) increased at a 3.1 percent annual rate, the government said in its second reading of first-quarter data. This was slightly down from the 3.2 percent pace forecast by the Bureau of Economic Analysis last month. However, the figure did beat an estimate from Dow Jones, who thought the economy would grow 3.0 percent. […]

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United States RECESSION WARNING: United States economy in ‘recession watch’– and indication existed SIX MONTHS AGO

Fears have actually been growing in current months over the long-lasting ramifications the US-China trade war will have on the economy, with the 2 countries secured a bitter tit-for-tat tariff spat. United States President Donald Trump has actually just recently increase the pressure by raising tariffs on a list of $ 200 billion worth of […]

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Eurozone NIGHTMARE: EU economic situation DRAGGED DOWN by Germany as producing SLIPS

The solitary money area has actually seen its manufacturing facility task degrees slide for the 4th month straight, according to brand-new information from IHS Markit’s flash Purchasing Managers’ Index. The production PMI dropped from the 47.9 videotaped in April to 47.7 for this month. Reducing worldwide need, Brexit unpredictability as well as continuous weak point […]

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GERMANY WARNING: Merkel hit by GLOOMY forecast as Bundesbank predicts economy will TUMBLE

Germany returned to growth in January to March of this year, skirting fears of recession after struggling from dented manufacturing figures at the end of 2018. Gross domestic product (GDP) rose 0.4 percent quarter-on-quarter and 0.7 percent year-on-year calendar-adjusted, preliminary figures from the Statistics Office showed Wednesday. It means the German economy avoided slipping into […]

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