Global trade conflicts, Brexit chaos and a weakening world economy. All these factors are creating a rather gloomy mood in the economy these days. But defying all odds, the German economy has once again exported more products than ever before.
Though still within government forecasts, China's economy weakened to its slowest growth rate in nearly three decades. Lower domestic demand and a trade war with the United States were behind the drop, experts have said.
Germany's decade of growth may be coming to an end, the latest data shows. Experts blame Brexit and trade conflicts, while Merkel's government has come under pressure to eschew its no-new-debts policy and spend more.
The Revolutionary Guard, once led by assassinated General Qassem Soleimani, is a powerful economic force in Iran. With the country's economy flailing as a potential war with the US looms, its influence is likely to grow.
Growth in the world's second-largest economy has fallen to its lowest level since 1992, raising the specter of more layoffs in the months ahead. Many are wondering now how many jobs China can lose before unrest erupts.
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