Small Contraction for German Economy in Fourth Quarter

More Orders for German Factories After Recent Declines

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German factory orders rose again in October after a drop in orders in the previous two months. The increase, which was larger than expected, boosts manufacturers in Europe’s largest economy. They are struggling with high inflation and sharply increased energy costs due to the Russian war in Ukraine. New orders, […]

Small Contraction for German Economy in Fourth Quarter

Reuters: Germany Wants to Tighten Rules for Trade With China

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The German Ministry of Foreign Affairs wants to introduce strict rules for companies that do intensive business with China. This is stated in a confidential document that the Reuters news agency has seen. With the proposed measures, Chancellor Olaf Scholz wants to reduce dependence on China further. The draft document […]

Chip Shortage Will Slow German Car Production At Least Until 2024

Chip Shortage Will Slow German Car Production At Least Until 2024

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The global shortage of semiconductors will limit car production in Germany “at least until 2024”. This is apparent from an analysis by the consultancy Alix Partners. The analysis shows that it takes six months to order and deliver chips. That is still twice as long as normal. Meanwhile, demand for […]