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Financial Times (October 30)

2019/ 10/ 31 by jd in Global News

“As the world economy slows and even Germany’s economy shows signs of weakness…. Policymakers in Germany and elsewhere should promote public and private spending—investment, above all. Huge opportunities do seem to exist. Moreover, the chance to borrow at today’s ultra-low long-term interest rates is a blessing, not curse…. In today’s economy, it is the only prudent thing to do.”

 

Forbes (October 28)

2019/ 10/ 30 by jd in Global News

“Amid a global slowdown in economic growth that has seen central banks lower interest rates near zero or below in an effort to provide stimulus,” a number of “major economies are on high recession alert.” These include Hong Kong, the U.K., Germany, Italy and China. “Other highly stressed economies around the world include Turkey, Argentina, Iran, Mexico and Brazil.”

 

Bloomberg (October 25)

2019/ 10/ 27 by jd in Global News

“Thanks partly to the plunging costs of renewable energy… coal is in rapid retreat all over the world.” It is “dying faster than anybody expected” and not just in America’s heartland. “The profitability of coal-fired power is plunging” in Germany and “demand is dying even in Southeast Asia, long seen as a sort of industry firewall.”

 

Financial Times (September 13)

2019/ 09/ 15 by jd in Global News

Mario Draghi and the ECB have done their part, but “Germany will wait until it is too late before providing a measurable fiscal stimulus.” This is the optimal “time for Europe to invest in its future,” with low inflation, zero cost of borrowing and fiscal surpluses. “German leaders know this,” but fear alarming “the good burghers of Munich, Hamburg and Frankfurt. Were recession to provoke a full-blown euro-zone crisis, Berlin would of course act…. But do not expect Germany to dispatch the fire brigade before the flames have fully taken hold. What a waste.”

 

Financial Times (August 12)

2019/ 08/ 13 by jd in Global News

“It’s the calm before the storm…. As any number of indicators now show—from weak purchasing managers’ indices in the US, Spain, Italy, France and Germany, to rising corporate bankruptcies and a spike in US lay-offs—the global downturn has already begun.”

 

Deutsche Welle (July 24)

2019/ 07/ 26 by jd in Global News

“A record high temperature in Germany is forecast to stand for only a day as Europe’s second summer heat wave bites. Ships have been stranded, rail travelers urged to delay trips and tigers fed chicken ice blocks.” With much of Europe, Germany is sweltering in the record heat wave.

 

Wall Street Journal (July 7)

2019/ 07/ 09 by jd in Global News

“Germany’s economic slowdown, though no doubt bad for Europe in the short term, could be helpful over a longer period by easing a rift between the region’s economically stronger north and weaker south over pro-growth policies.”

 

The Economist (June 29)

2019/ 07/ 01 by jd in Global News

The “metropolis of money, known as the City, generates £120bn ($152bn) of output a year—as much as Germany’s car industry.” Increasingly, Brexit appears to threaten an outcome that “would make the eu poorer and damage London’s position.” In addition, the end result could “change the workings of the global financial system.”

 

WARC (May 28)

2019/ 05/ 30 by jd in Global News

“In eight major markets, including the three largest, internet advertising already takes the majority of media dollars. The $107.5 billion spent on internet ads in America made it the dominant medium for the first time last year, while the balance tipped in China and the UK during 2016.” By the end of this year, “internet is expected to account for over half [52.7%] of media spend for the first time this year” in the key markets of “Australia, Brazil, Canada, China, France, Germany, India, Italy, Japan, Russia, the UK and the US.”

 

The Economist (February 16)

2019/ 02/ 18 by jd in Global News

“Ageing and robots are more closely related than you might think. Young countries with many children have few robots. Ageing nations have lots.” South Korea, Singapore, Germany and Japan top the list, but there needs to be a shift in focus. “An ageing world needs more resourceful robots” that can help care for seniors “rather than take people’s jobs.”

 

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