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Our Latest News Entry

German exports slump, China is to blame

Europe’s export powerhouse is stalling. Germany has just experienced its biggest monthly fall in exports in more than six years — and that was before the Volkswagen scandal broke last month. Exports slumped by 5.2% in August compared to July, while imports were down 3.1%. That’s the largest drop in exports since January 2009, and a lot worse than expected. Economists predicted a slump of only 0.9%. Researchers at the Ifo Institute for Economic Research […]

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