Worries about germanys economic a big one for the first time in years the economy is shrinking but is it just a blip pois sign of a real slowdown meanwhile germanys fourteen by when it comes to auto official intelligence potentially costing the country trillions of euros. Things are getting critical for Industrial Companies along the banks of the river rhine low water levels caused by this honest lack of rain are severely hampering shipping on germanys most important waterway. This is your Business Update on how the homefront and by lynn thanks for joining me the economy here in germany shrank by zero point two percent in the Third Quarter more than analysts had expected and stifled by global trade disputes and problems in germanys car
industry that it is being seen as a wake up call that stable growth is by no means guaranteed. Exports were down and imports up in the Third Quarter thats trouble for an economy built on strong exports a major part of the problem has been a bottleneck in
Worries about germanys economic a boom for the first time in years the economy is shrinking but is it just a blip pois sign of a real slowdown meanwhile germanys foreign buying when it comes to alter official intelligence potentially costing the country trillions of euros. And things are getting critical for Industrial Companies along the banks of the river rhine low water levels caused by this sometimes lack of rain also very hampering shipping on germanys most important waterway. This is your Business Update im out on the homefront in berlin thanks for joining me the economy here in germany shrank by zero point two percent in the Third Quarter more than analysts had expected and stifled by global trade disputes and problems in germanys car
industry that it is being seen as a wake up call that stable growth is by no means guaranteed. Exports were down and imports up in the Third Quarter thats trouble for an economy built on strong exports a major part of the problem has been a bottlen
Worries about germanys economic boom for the first time in years the economy is shrinking but is it just a blip or a sign of a real slowdown meanwhile germanys fourteen by when it comes to auto official intelligence potentially costing the country trillions of euros. And things are getting critical for Industrial Companies along the banks of the river rhine low water levels caused by this summers lack of rain are severely hampering shipping on germanys most important to way. They say is your Business Update im out of the home for you by lead thanks for joining me the economy here in germany strength by zero point two percent in the Third Quarter more than analysts had expected and stifled by global trade disputes and programmes in germanys car industry that it is being seen as
a wake up call that stable growth is by no means guaranteed. Exports were down and imports up in the Third Quarter thats trouble for an economy built on strong exports a major part of the problem has been a bottl
a wake up call that stable growth is by no means guaranteed. exports were down and imports up in the third quarter that s trouble for an economy built on strong exports a major part of the problem has been a bottleneck in kargil liberties by german automakers the result of new more rigorous emissions rules but there are other issues political ones global trade disputes are threatening the bottom lines of german companies both b.m.w. and di miller cited trade uncertainty in their latest earnings reports the companies feel a growing uncertainty this is related to brag that this is related to the trade conflict with the us and to the italian situation which may lead us into a financial crisis possibly so there is growing uncertainty the economy is cooling down but we are not falling into recession i think that would be exaggerated analysts still believe the german economy will grow this year but the news figures show that the country s political stability and low unemployment with
about thousands millions of jobs that we can secure and create. that is our goal yes and we will work resolutely to ensure that the findings from the research done in germany can then be taken on and used by businesses. a key part of the plan recruit top scientists from abroad to do research in germany the ministry of education and research is to fund a hundred new professorships but worldwide competition for the best and brightest stiff incomes gun issue of the they re not only interested in good pay they also want good conditions for their families to be able to get their kids into the right school especially i m sure. the cabinet has earmarked three billion euros to help finance its digitalisation plan. the river rhine here in germany is one of the busiest shipping rates in the walden companies along its banks know many receive all materials by ship but there s been little rain for among some water levels