Germany's trade surplus narrowed in January, as imports rose by more than four percent. Exports also rose, especially to countries outside the European Union.
EU-Israel business ties have never been stronger. And while Brussels’ support for the Palestinian Authority means the political realm is fraught with often very old complications, business prospects look very healthy.
German monthly exports have seen their biggest drop in about two and a half years, fresh figures from the statistics office have revealed. The decrease came as a surprise to many experts who had penciled in an uptick.
The global emergency lender sees the world economy on a robust growth path in the coming two years. However, that outlook faces a severe risk if trade tensions between the US and China escalate in the month ahead.
China's export growth unexpectedly fell last month, the first drop since February 2017. That's unlikely to ease trade tensions as the country's widening surplus with the US is likely to further infuriate Donald Trump.
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