Sachs leverage finance conference with a number of exclusive interviews, including the banks chief european economist and the cfo of europes telecom giant. Youre watching worldwide exchange, bringing you Business News from around the globe. And were just getting news out of italy. Rates came in at 12. 3 for all in july. It was 12. 6 and its expected to stay at 12. 6 . It came in lower than expected at 12. 3 . The youth Unemployment Rate hit a new record high of 44. 2 in august. So the overall rate is falling, but the youth Unemployment Rate going up. Were getting some data on the health of the german labor market. The seasonally adjusted jobless rate falls to 2. 8 million. German september jobless unadjusted rate was at 2. 65 . Slightly lower. But the adjusted rate was 6. 7 . Obviously, a lot of focus on germany. It can rely on growth, were talking about the biggest economy in europe. A lot of questions or concerns around what further sanctions in russia will do to germany. Absolutely.
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