Germany is doing well economically. In the rest of Europe, especially in the south, it’s a different story: sluggish growth, mountains of debt and rising nationalism.
The Chinese economy is showing more signs of weakness, with the pace of investment slowing to levels not seen since 1996. Official data revealed that domestic consumption also failed to meet expectations.
Britain's economy picked up speed in the second quarter despite mounting concerns over a disorderly exit from the European Union. Growth was helped partly by sunny weather and the FIFA Football World Cup.
Japan's economy grew more than expected in the second quarter, helped by strong household and business spending and a recovery from an earlier contraction. But global trade tensions loom as a major risk to the outlook.
The Turkish economy is in turmoil as fears over an ongoing currency and debt crisis grow. While the problem is being billed in some quarters as a primarily domestic one, concerns of wider contagion abound.
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