Worldwide "Made in Germany" has long been synonymous with quality, and this year was no exception. As the export industry continues to run at full steam, the euro crisis still has not kept up with the Germans.
Sigmar Gabriel travels a lot. He recently visited Egypt and Morocco, now he's off to Iran. Now that many Western sanctions have been lifted, German firms are hoping to cash in. But some Germans oppose closer relations.
The US Treasury Department has placed five countries, including Germany, on a new monitoring list. The measure aims to pressure foreign governments to tackle large trade imbalances with the US.
US economic growth hit the breaks in the first three months of the year, expanding at its slowest pace in two years as consumer spending softened and a strong dollar continued to weigh on exports.
Robust growth in some eurozone countries supported the 19-member currency bloc's recovery in the first quarter, driving down rampant unemployment. But a further drop in inflation shows that the upswing remains fragile.
© 2016 Deutsche Welle |
Legal notice |
| Mobile version