The lowest rate in 17 years showing an uptick of only 4. 8 percent analysts had forecast a 6 percent rise retail sales also rose less than expected a sign of weakening demand among chinese consumers the data suggests that the global slowdown and the trade war with the u. S. Is biting into the worlds 2nd largest economy. Meanwhile europes biggest economy appears to be running out of steam german g. D. P. Shrinking by a 10th of a percent in the 2nd quarter fueling concerns that a slowdown is already here the latest figures follow a lackluster growth in the 1st 3 months of the year 0 at the end of last year both exports and Industrial Production have fallen in the last quarter should the economy contract to get in the next quarter germany would officially be in recession. Now behind a german slowdown is a series of factors some are global in nature and others are home grown take a look. Of all sectors its the hitherto invincible industrial sector thats begun to drag on germanys economy fo
The lowest rate in 17 years showing an uptick of only 4. 8 percent analysts had forecast a 6 percent rise retail sales also rose less than expected a sign of weakening demand among chinese consumers the data suggests that the global slowdown and the trade war with the u. S. Is biting into the worlds 2nd largest economy. Meanwhile europes biggest economy appears to be running out of steam german g. D. P. Shrinking by a 10th of a percent in the 2nd quarter fueling concerns that a slowdown is already here the latest figures follow a lackluster growth in the 1st 3 months of the year and 0 at the end of last year both exports and Industrial Production have fallen in the last quarter should the economy contract to get in the next quarter germany would officially be in recession. Now behind the german slowdown is a series of factors some are global in nature and others are home grown take a look. Of all sectors its the here the 2 invincible industrial sector thats begun to drag on germanys ec
1st global welcome to the program europes biggest economy is running out of steam germanys latest growth figures fuel from service that the country could be on its way to a recession the economy contracted 0 point one percent in the recent quarter this after posting lackluster growth in the 1st 3 months of the year and not the end of last year slump has been attribute to a fall in sales of Machine Parts and cars to china uncertainty of bread and a difficult global trade environment should be found in the contract to give an exporter germany would officially be in a recession. Of all sectors its the hitherto invincible industrial sector thats begun to drag on germanys economy for years its been the driving force behind the recovery but no longer german Industrial Production in june 29th teen was 5. 2 percent down on june last year thats the largest reversal since the Global Financial crisis and recession 10 years ago. Exports of also long been a pillar of the economy also a thing of the
A nearby weapons testing range authorities cancel an Evacuation Order and downplay the danger is that a cover up. Plus a woman makes soccer history she will take charge of a major mens match in European Competition for the 1st time tonight stephanie from pos steps up to referee liverpool against chelsea in the super cup. Im sumi so much going to thank you for joining us flights are taking off again at Hong Kong International airport as authorities introduce new security measures the airport had been shut down by 2 days of mass protests that at times turned violent and thats touched off some soul searching among protest organizers many have apologized through signs and tweets but they insist that their cause is just Chinas Hong Kong Affairs Office has condemned yesterdays violence calling it a terrorist like but protesters have vowed to carry on with their campaign for democracy. From kiryas to cal Hong Kong International starting to resemble an airport once again this morning passenger
Statistics showing its economy contracted in the 2nd quarter but chancellor merkel says it is too soon to worry about a recession. Also coming up a woman that makes soccer history she will take charge of the major men snatch and European Competition for the 1st time tonight to stephanys kufa sets up to referee liverpool against chelsea in the super cup. Im serious so much got to thank you for joining us flights are taking off again at Hong Kong International airport as authorities introduce new security measures the airport had been shut down by 2 days of mass protests that at times turned violent that has touched off soul searching among the protest organizers many of apologized of signs and tweets but they insist that their cause is just now Chinas Hong Kong Affairs Office has condemned yesterdays violence calling it terrorist like but protesters have vowed to carry on with their campaign for democracy. From kiryas to cam Hong Kong International starting to resemble an airport once a