Economy is in choppy waters german Economic Growth slow sharply last year 20. 6 percent its the weakest expansion in 6 years in the wake of increasing headwinds from International Trade disputes experts have anticipated Economic Growth to cool a way back to more strength though is uncertain. 2019 was a tough year for german exporters the trade war between the us and china and the brakes and drama took their toll as Customers Put orders on hold and that meant europes biggest economy kept slowing down just 2 years earlier german g. D. P. Had grown by 2. 5 percent in 2018 it was down to 1. 5 percent and last year growth was just 0. 6 percent. But there are also domestic reasons for this dramatic drop off economists have complained for years about insufficient investment both on the part of companies and the government what little growth there was was thanks to german consumers willingness to keep on spending record employment rates meant there was money to go around and construction has k
The patients. Want to use today have the future. Teetotal news dot com africa make a suit against the multimedia. Click the tour. The u. S. Says it has a signing date for its phase one trade deal with china so why is beijing so tight lipped well hear from our correspondent as to chinas view of the agreement and how it might approach the negotiations ahead. Also on the show kenya has a recycling problem plastic bottles litter the streets even when recyclers are equal for eager for more in their beds. And japan embraces vertical farming well tell you where and why. Welcome to business africa im Stephen Beers in berlin good to have you with us. U. S. President donald trump said hell sign a face one trade deal with china on january the 15th trump tweeted that the deal will be signed at a ceremony at the white house with high level chinese representatives the deal was concluded in december but many of its details have been slow to emerge trump went on to say that hell go to beijing at a lat
Women giving them the rule making them agent of change in this way. The female peacemakers stores january 5th on t. W. The. U. S. Says it has a signing date for its phase one trade deal with china so why is beijing so tightlipped well hear from our correspondent as to chinas view of the agreement and how it might approach the negotiations ahead. Also on the show kenya has a recycling problem plastic bottles litter the streets even when recyclers are equal for eager for more in their beds. And japan and braces vertical farming will tell you where and why. Welcome to business africa im Stephen Beers in berlin good to have you with us u. S. President donald trump said hell sign a phase one trade deal with china on january the 15th trump tweeted that the deal will be signed at a ceremony at the white house with high level chinese representatives the deal was concluded in december but many of its details have been slow to emerge trump went on to say that hell go to beijing at a later date o
Overnight in asia. The nikkei higher by 1. 1 . Hang seasoning up 2. 3 and shanghai up. 8 . Youll also see green arrows in europe the dax up 1. 9 . Cac is up. Gains for italian stocks too in the treasury market, at this point, 10year yielding 1. 67 . Twoyear at 1. 551 30year up at 1. 61 . Iranian Officials Say two missiles trunk an iranian tanker in the red sea crude prices, as a result of this, they are jumping up close to 2 wti crude now 54. 47. They are saying that damaged two store rooms aboard the tanker and caused an oil leak that attack happened about 60 miles north of the city jeda six months after the attack of the oil tanker in hermuz and the saudi attack never good to conjecture anything they have been the attacker and you wonder was there Something Else going on because they didnt point fingers, you wonder. Was it a screw up but we have no idea. No idea they were attacked by someone. Who knows. Two missiles hit a tanker that much we know. Lets talk about the trade headlines.
Trade negotiators in the u. S. And china have been working for months on a deal that would satisfy both nations and and an extruding tug of war between the worlds two biggest economies but now new threats by u. S. President trump up the pressure on each side trump said on sunday tariffs on Two Hundred Billion Dollars worth of chinese goods would increase to twenty five from ten percent that would reverse the decision he made in february to keep them at ten percent but that was when the two sides were making Good Progress on trade talks says in asia where he asked after the news european stocks also down and wall street is expected to open lower to. The u. S. China relationship is love hate at The Best Of Times but everything seemed to be going so well late last week a bullish donald trump hailed a progress in talks to avert a full blown trade war which he jim pings china. But the deal itself is going along pretty well i would even say very well well see what happens over the next coupl