[ad_1] The German economy contracted in 2023, due to persistent inflation, high energy prices and weak foreign demand, but it avoided a recession at the end of the year. Gross…
Tag: Economy
Germany’s Economy Contracted in 2023, as Economic Model Faltered
[ad_1] Updated Jan. 15, 2024 5:20 am ET Germany’s economy contracted in 2023, hit by high inflation that squeezed consumer spending, with the country’s creaking industrial model also suffering from…
Germany, Europe’s biggest economy, shrank last year | CNN Business
[ad_1] Leonhard Simon/Getty Images A BMW factory in Munich seen in December 2023. Germany’s struggling manufacturing sector has been a drag on economic growth. London CNN — Germany’s economy shrank…
Looming CEBA repayment deadline may take toll on economy, analysts say
[ad_1] Open this photo in gallery: Sean Arani, founder of Arani, a small lighting manufacturer in LaSalle, Que., on Jan. 13. Arani will start to repay his company’s Canada Emergency…
Global economy ‘poised for a soft landing’: IMF
[ad_1] WASHINGTON: The global economy is “poised for a soft landing,” an IMF spokesperson said Thursday, predicting that inflation around the world will continue to subside without causing a damaging…
German economy teeters into 2024 amid strikes
[ad_1] FRANKFURT, Germany: Around 80 percent of the long-distance trains have been put to a standstill from Wednesday through Friday in Germany as the train drivers of the state-owned railway…
Nigeria’s digital economy sees $4.4 billion investment in four years | The Guardian Nigeria News – Nigeria and World News
[ad_1] •NITDA calls for more women participation in tech sector Nigeria’s digital economy space has recorded over $4.4 billion investments as a result of strategic collaborations and programmes. The Director-General,…
German insolvencies set to rise as Covid aid ends and economy stagnates
[ad_1] German companies are expected to go bust at a higher rate this year following a sharp increase in insolvencies in 2023, as businesses hit by high energy costs and…
Leveraging The Gig Economy – Startups.co.uk
[ad_1] Thanks to the widespread adoption of flexible, hybrid and remote work policies and an unpredictable economic environment, we’ve seen several dramatic shifts in the workforce over the past three…
Is the economy facing another energy price shock? – BBC News
[ad_1] By Faisal Islam Economics editor Image source, Getty Images 12 January 2024 Both Prime Minister Rishi Sunak and US President Joe Biden cited the global economic impact of Houthi…