In the first three quarters of this year, 72,200 larger companies went out of business completely. That is 11.4 percent more than between January and September 2022, said the Federal Statistical Office. According to the Wiesbaden statisticians, this concerns companies “whose legal form and number of employees indicate greater economic importance”. The authority defines companies … Read more
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Scholz said the following in the ZDF summer interview on Sunday: “In every economics course, the students learn that the success of an economy can be seen in the fact that its companies also invest abroad. Now I have to hear and read that from time to time that’s bad. That’s good.” This causes a … Read more
This is a good time to adjust your investment portfolio to the future economic outlook. downgrade of investment in stocks increase investment in debt instruments especially US bonds directly benefiting from interest rates going forward to increase the opportunity to generate returns for the investment portfolio Since the start of the year, the S&P 500 … Read more
Status: 06/28/2023 10:21 a.m Continued high inflation and the economic downturn mean that many people are less willing to spend. The German consumer climate has deteriorated. For the first time in eight months, consumer sentiment in Germany is declining again. The consumer climate index, which the consumer research company GfK determines through a monthly survey … Read more
The euro zone confounded previous forecasts and contracted for two consecutive quartersdata showed Thursday, as energy shocks, the war in Ukraine, inflation and monetary policy tightening cut into growth momentum over the winter, Politico reported. The data showed the 20-nation currency zone had failed to avoid recession – albeit a very shallow one for now, … Read more
“After Covid, China did not recover as expected”, had to reduce bank reserves I TNN Know about investing I 26-05-66 Investment factors worth watching – Excited! China reduces bank reserves after the economy weakens – GDP shrinks, Germany officially recession – speculation on stocks bounces to accept the economy, passes the lowest point, interest rates … Read more
Jakarta – Germany fell into the abyss recession because household consumption was depressed due to high inflation. Its economy shrank 0.3% in the first quarter of 2023, following a 0.5% contraction in the fourth quarter of 2022. “Heavy price increases continued to weigh on the German economy at the start of the year. This was … Read more
25 mei 2023 om 09:20Update: een uur geleden The German economy has entered a recession. The largest European economy contracted for two quarters in a row. This is mainly due to households spending less money. Inflation is responsible for the economic headwind in Germany, reports the German statistics agency Destatis. Despite the fact that annual … Read more
Jakarta – The British economy has recently been hit by a fairly severe crisis. Even so, the International Monetary Fund (IMF) estimates that the country can be free from the threat of recession in 2023. According to Reuters (23/5/2023), the IMF said that the UK’s gross domestic product (GDP) is expected to grow by 0.4% … Read more