Germany has cut its growth outlook slightly over fears of a further slowdown in emerging economies. But Economy Minister Sigmar Gabriel says strong domestic consumption should offset the ‘gloomier global growth outlook.’
Germany's government has faced a slew of criticism over German-made tanks that Turkey deployed in its push into Syria. Some politicians have called for an immediate halt to arms exports to Turkey and nixing a key deal.
German Foreign Minister Sigmar Gabriel has been criticized for pouring tea for his Turkish counterpart Mevlut Cavusoglu and for saying there was nothing wrong with reinforcing Turkish tanks, despite human rights abuses.
German Foreign Minister Sigmar Gabriel is set to visit the areas near the Ukrainian frontline during a two-day trip to the country. He is expected to discus Berlin's diplomatic role in "countering Russian aggression."
The International Monetary Fund has revised upward its forecasts for growth as economies around the world are recovering simultaneously and stronger than expected, helped at least for the short term by Trump's tax cuts.
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