Despite a fourth quarter drop in output, German managers are optimistic. The country is exporting itself out of crisis.
Rising debt, US interest rate hikes, but above all simmering trade conflicts will take their toll on Asia's growth prospects next year, the Asian Development Bank (ADB) has said in an update of its regional outlook.
Chabahar port in southern Iran provides war-torn Afghanistan a crucial connection to Indian goods and Iranian oil. However, experts say that sanctions relief for the port is motivated more by politics than economics.
Wall Street's dismal performance has had profound knock-on effects on global markets. Analysts have warned that the downward spiral is likely due to tariff-related effects on US companies, citing rising basic costs.
South Korean President Moon Jae-in has taken the credit for building a working relationship with North Korea, but his critics say he is neglecting a looming economic crisis in Asia's fourth-largest economy.
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