German Business Confidence Slumps to 16-Year Low

Source: Bloomberg.com: Worldwide
Worst Since WWII
The International Monetary Fund predicts advanced economies including the U.S. and 15-nation euro area will contract simultaneously next year for the first time since World War II, with Germany’s forecast to shrink 0.8 percent.
The economy fell into the worst recession in at least 12 years in the third quarter and [...]

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