Browsing: Economy Crisis

Deutsche Pfandbriefbank has become the latest lender to put away more provisions for its commercial property loan book

The German economy is in for a difficult year after contracting in the final quarter of 2023, as inflation and high interest rates continue to weigh on the industry, Bloomberg reported this week, citing analysts.

Germany’s inability to generate economic growth is making the country poorer, Finance Minister Christian Lindner said on Monday while speaking at a Bloomberg event in Frankfurt.

Markets are discounting the risk of a “massive conflict” in the Middle East, Nouriel Roubini has warned Global financial markets…

Germany’s economy faces a deeper-than-expected slump as it grapples with an energy crisis and supply chain disruptions, according to economists…

Employment has dropped for the first time in three years, a survey shows Hiring in Germany has stalled amid a…

Three experts say the United States could be heading for economic turmoil again, 15 years after the financial crisis that…

The measure is aimed at easing the strain of the cost-of-living crisis on the population Berlin is considering the introduction…

The devastating inferno caused up to $6 billion in losses, according to Moody’s RMS Damage from the deadliest wildfire in…

Heavy rains lashing China’s northeast are ravaging crops in some areas of the country’s grain basket, threatening to increase imports…