Wipes out canal across asia experts say 95 percent of the worlds banana production could be averaged. This is business. As well come the latest figures published by china show our quote from its factories is growing albeit its slowest rate for 17 years the impact of the trade war with the u. S. Is taking its toll at home bought a white house decision to delay some to us a plan to slap on chinese products is the least some hope that tensions could be easing. The delayed tariffs if theyd hit in september would have been no laughing matter for ordinary americans for the 1st time they would have affected Consumer Products including Toys Clothing and electronics thats why President Trump says hes spending them for festive reasons explaining to reporters that the tariffs would have had too much effect on peoples christmases. The president also says the decision follows constructive phone calls with the chinese beijings incentive for
ending the trade conflicts was laid bare in figures announc
german industrial production in june $29000.00 was 5 point 2 percent down on june last year that s 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 past right now germany s exports in june 29th teen were shocking 8 percent lower than in june 28th. industrial companies are dealing with a number of factors the trade war between the us and china is exerting a drag on the global economy. fee is also surround brags that the u.k. s impending departure from the e.u. germany s energy transition the switch to sustainable energy sources is still very much work in progress and adding to the country s woes its flagship auto industry is struggling with homemade troubles they include the notorious diesel emission scandal the conversion to electric drive systems and problems with digitalisation
departure from the e.u. germany s energy transition the switch to sustainable energy sources is still very much work in progress and adding to the country s worlds its flagship auto industry is struggling with holmey troubles they include the notorious diesel emissions scandal the conversion to electric drive systems and problems with digitalisation in general. all these issues are combining to weigh on overall economic output. and with the outlook not appearing too promising either it could well be that the e.u. s number one economy is heading steadily towards recession. and to find out whether it is or not i spoke to marcel foster he s the chief of the influential german institute for economic research and i asked him how bad the contraction really is and how much of it is homemade. we re likely to have a nother quarter of negative growth germany s probably in
a number of factors the trade war between the us and china is exerting a drag on the global economy fee is also surround brags that the u.k. s impending departure from the e.u. germany s energy transition the switch to sustainable energy sources is still very much work in progress and adding to the country s woes its flagship auto industry is struggling with home troubles they include the notorious diesel emissions scandal the conversion to electric drive systems and problems with digitalisation in general. all these issues are combining to weigh on overall economic output. and with the outlook not appearing too promising either it could well be that the e.u. s number one economy is heading steadily towards recession. let s bring in our. stock exchange our financial. anetta