GERMAN ECONOMY RECOVERY
European shares drop at the end of brutal week after Trump's tariff blow
European shares dipped on Friday, heading for a steep weekly loss, as investors grappled with prospects of a global recession after U.S. President Donald Trump announced sweeping tariffs on trading partners.
German economy expected to recover slowly, banks association says
Germany's economy is expected to grow by only 0.2% this year, with noticeable recovery not anticipated until 2026. The Association of German Banks cites the negative impact of U.S. tariffs on imported vehicles and weakening corporate investment as key factors contributing to the sluggish growth.
For the rest of the decade, US is likely to underperform rest of the world: Jim O'Neill
Jim O'Neill predicts US equity markets will underperform for the rest of the decade. The rest of the world, especially Europe and China, is expected to outperform. He warns that the dollar will weaken, with possible implications for the US economy. Rising bond yields and debt ratios in Europe and Japan may also affect global financial markets.
Gold, silver hit record highs; consolidation likely but bullish trend intact
Gold and silver prices surged to record highs, driven by trade tensions, inflation data, and a weaker dollar. While some consolidation is expected, the overall bullish trend remains intact, with investors advised to adopt a buy-on-dips strategy.
Golden chance to buy gold & silver? Motilal Oswal recommends buying on dips
After the sharp rally, domestic brokerage Motilal Oswal believes gold and silver prices may experience some consolidation. However, the overall outlook for both remains bullish.
Ahead of Market: 10 things that will decide stock market action on Thursday
Indian markets rebounded on Wednesday, with the Nifty reclaiming 22,300 and Sensex surging 740 points, ending a historic 10-day losing streak. Analysts attribute the rally to technical oversold conditions and global factors, though concerns over U.S. trade policies persist.
US tariffs will likely dent growth prospects in Central Europe, S&P Global says
President Trump's proposal for 25% tariffs on EU imports might hit Central Europe's growth, primarily through the German car sector. Countries like Czechia, Hungary, Slovakia, Slovenia, and Romania, heavily reliant on machinery and transport equipment exports to Germany, could see significant economic impacts.
Europe has the money to save Ukraine. It needs the will
US support for Ukraine’s war effort is declining, shifting the responsibility to Europe. European leaders have committed to continue military aid and develop a peace plan. Europe must leverage its resources, including sanctions and defense capabilities, to support Ukraine. Increased defense spending and better-coordinated efforts are essential to replace key US enablers and strengthen European defense.
War, not peace: The unlikely engine of Europe's economic revival
An era-defining week in geopolitics has heightened hopes for Europe's economic growth, driven not by peace but by significant military rearmament. Amid Washington's surprising talks with Moscow, Europe faces the reality of reduced U.S. military support, necessitating substantial defence investment and closer regional cohesion.
Who will win Germany’s high-stakes election? Will AfD, the far-right party backed by Elon Musk and JD Vance, take power?
Germany’s 2025 election is set to reshape the nation’s future as economic struggles, political instability, and the rise of the far-right AfD dominate the debate. With Elon Musk and JD Vance among its U.S. supporters, AfD’s growing influence is alarming many. Meanwhile, Germany faces recession, immigration challenges, and concerns over its role in Europe. Will a new leader stabilize the economy, counter extremism, and rebuild trust? As voters prepare to decide, the stakes have never been higher. The outcome will not just shape Germany but also impact Europe’s direction in an increasingly uncertain global landscape.
Planning a trip to Germany this year? Good luck with that
Germany’s aviation industry is facing challenges with reduced flight services and rising airfares, partly due to increased taxes and fees. Domestic air travel is still recovering, while international flights have returned to pre-pandemic levels. The government’s tax hikes are making Germany less attractive for airlines, leading to fewer connections and higher costs.
Germany likely to fall into recession: central bank
Germany's output likely to shrink in Q1, sending the economy into recession due to multiple crises, including inflation, industrial slowdown, weak foreign demand, constrained consumer spending, domestic investment, recent strikes, but supported by robust labor market, rising wages, and slowing inflation.
Germany passes four-year 32 billion euro corporate tax relief to revive economy
The German cabinet has approved a four-year, 32 billion tax cut package aimed at boosting economic growth. The package includes a subsidy to cover 15% of the cost of companies' green investments. However, the tax cuts have been criticized for not going far enough, with economists and business associations calling for more substantial measures. The package still needs to pass the German parliament and gain approval from the states. The German economy has stagnated in recent months, remaining one of the weakest major economies in the world.
German economy 'still struggling': Bundesbank chief
Germany unexpectedly slipped into a mild recession in the final months of 2022 and the start of 2023, as the energy crisis sparked by Russia's invasion of Ukraine and higher interest rates took their toll on companies and households. Although the economy was "slowly regaining its footing" after the winter slump, it will take until 2024 and 2025 for the recovery to really gain momentum, Nagel said.
France, Germany plan billions in pandemic recovery spending
The finance ministers of the EU's two biggest economies on Tuesday underlined their joint determination to use the spending to transform Europe's economy and get the continent growing again as it lags behind the U.S. and China in rebounding from the pandemic recession.
German economy shrinks by record 10.1% in second quarter due to coronavirus lockdowns
Germany appears to have withstood the coronavirus shock better than many of its neighbours so far and began reopening factories, shops and restaurants in early May, allowing economic activity to pick up again. The country has also been able to avoid mass layoffs, with separate data on Thursday showing unemployment was stable at 6.4 percent in July, the same rate as June.
German business morale rebounds in May as corona restrictions are eased
The Ifo institute said its May survey showed that its business climate index rose to 79.5 from a downwardly revised 74.2 in April. A Reuters poll of economists had pointed to a reading of 78.3.
Germany should drive economic recovery in Europe: IMF chief Christine Lagarde
Part of her remarks may be interpreted by personalities on the left of French politics as going in the same direction as criticism of French.
German govt sees economy losing momentum in Q4
"An improvement in the sentiment indicators could be a sign that the weak phase will be gradually overcome after the winter quarters," the ministry added.
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