A report by Britain's National Institute of Economic and Social Research suggests the country could already have entered a recession as a consequence of Brexit uncertainty.
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.
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.
A no-deal Brexit would be in "nobody's interest," according to Angela Merkel's spokesman. But the German government is still preparing for that very possibility, and believes it "highly likely," leaked documents suggest.
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