Germany's economy is shrinking in the second quarter. A recession seems possible. Resaons include global trade wars and Brexit worries, but also some home-made problems the German government and businesses have to answer for.
Fresh figures suggest that Europe's biggest economy may be heading for a recession, as its growth slowed in the second quarter. Calls for more fiscal stimulus are growing louder, but the government sees no need for it.
There's no denying anymore that Germany's economy is slowing. Yet, this isn't the time for stop-gap measures, says DW's Henrik Böhme. Instead, he argues, sober-minded decisions by both politics and businesses are needed.
Stock markets in the United States have dropped sharply after the Treasury yield curve temporarily inverted for the first time in 12 years. The news signals growing investor fears of a recession.
Argentine President Mauricio Macri is trying to to lessen the impact of an economic crisis ahead of his re-election bid in October. The country is suffering from a deep recession and massive inflation.
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