Tag Archives: growth’

Germany hit with ‘severe recession warning’ as growth forecast slashed again

Germany has been negatively impacted from repercussions of the United States-China trade war, while also dealing with dented car sales and the result on its manufacturing sector. Klaus Bauknecht, an economist at IKB Deutsche Industriebank, issued a stark warning today by claiming political uncertainty from Britain leaving the European Union is also damaging the German […]

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Germany hit with ‘severe recession warning’ as growth forecast slashed again

Germany has been negatively impacted from repercussions of the United States-China trade war, while also dealing with dented car sales and the result on its manufacturing sector. Klaus Bauknecht, an economist at IKB Deutsche Industriebank, issued a stark warning today by claiming political uncertainty from Britain leaving the European Union is also damaging the German […]

https://is.gd/1IS7os

World Bank cuts international development projection for 2019 to 2.6%

Washington D.C. [USA], Jun 5 (ANI): In light of various aspects referring to intensified trade stress around the world in current months, the World Bank on Tuesday slashed its global growth forecast for 2019 to 2.6 percent rather than 2.9 percent revealed in January this year.The semi-annual forecast information launched by the World Bank on […]

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Pound US dollar exchange rate: GBP rangebound despite impressive UK growth

The pound is still stuck trading in a narrow range against the US dollar and the majority of its other peers despite a slew of positive UK data, which included a robust GDP report. According to data published by the Office for National Statistics (ONS), UK GDP leapt from 0.2 per cent to 0.5 per […]

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Pound US dollar exchange rate: GBP flat as markets await US economic growth figures

Trade in the US dollar is thin ahead of today’s gross domestic product (GDP) release, with traders eager to know how the American economy is faring against a background of slowing global growth. Forecasts of US Q1 GDP have strengthened in response to recent better-than-expected US data r…

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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…

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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…

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