Albrecht Kaiser is this edition’s studio guest on In Good Shape.
The US Federal Reserve says US business owners are already scaling back investment plans on the back of concerns over the escalating trade conflict with China. Nonetheless, the US economy is in good shape, it says.
Ebbing interest in diesel-engine vehicles and more public holidays caused car sales in Germany to decline in May compared to a year earlier. But experts said the domestic car market remains in good shape overall.
Riyadh has vowed to retaliate against any sanctions imposed over the disappearance of Jamal Khashoggi. Several countries, including the US, say they want to take action if the government critic was killed.
The European car market has been able to keep up the momentum it displayed throughout 2016. New vehicle registrations soared again in January, the ACEA manufacturers' association reported on its website.
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