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RSS FeedsGood morning! The world economy is looking awfully shaky all of a sudden
(WorldNews Germany)

 
 

14 november 2018 13:48:19

 
Good morning! The world economy is looking awfully shaky all of a sudden
(WorldNews Germany)
 


The world’s third- and fourth-largest economies are shrinking. The European Union is battling with the UK and Italy over Brexit and a deficit-boosting budget, respectively. Traders are reeling from a plummet in oil prices that sent shockwaves through the stock market. Needless to say, it’s going to be a busy day. Here’s a quick catch-up on what’s happening: Japan shrinks In Japan, GDP fell 0.3% in the third quarter, after increasing 0.8% in the three months to June. At an annualized rate, it contracted by 1.2%, with activity severely curtailed by natural disasters. Flooding in June and July killed nearly 200 people and millions had to evacuate their homes. Then, in...


 
9 viewsCategory: General > Europe > Germany
 
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