The German economy is being hit increasingly hard by the lack of orders. In October, 41.5% of companies reported a lack of orders, up from 39.4% in July. That’s the highest level since the 2009 financial crisis. “The lack of orders is continuing to hinder economic development in Germany,” says Klaus Wohlrabe, Head of Surveys at ifo. “Hardly any industry has been spared.”
Related Articles
Climate Crisis
Resilience: ‘Collapse of Civilisation is the Most Likely Outcome’: Top Climate Scientists
Australia’s top climate scientist says “we are already deep into the trajectory towards collapse” of civilisation, which may now be inevitable because 9 of the 15 known global climate tipping points that regulate the state […]
Geopolitics
Politico – NATO should flex its nuclear muscles, Stoltenberg says
The madness goes on – where will it end? Read the full article HERE.
EU politics
Al Jazeera: German civil servants demand ‘immediate’ end to Israeli arms supplies
Government workers call on Germany and the Netherlands to stop arms deliveries over human rights concerns. Read HERE

Be the first to comment