All Posts Tagged With: "Germany"
China’s Emergence
China is the new Germany. At the end of the Second World War, Germany was an “emerging market.” It was industrializing rapidly and producing brisk economic growth. Today, Germany is a mature “developed market” that grows slowly if it grows at all. Today, China is the new Germany.
It’s the ECB Birthday Party, but not Everyone gets Cake
It’s the European Central Bank’s 10th birthday party. But not everyone is celebrating… It’s set to be a bubbly few hours in Frankfurt this Monday. The European Central Bank (ECB) is ten years old this weekend, and the bureaucrats at its German HQ have planned quite a party.
Warren Buffett, the ‘Oracle of Omaha’, Tells German Audiences That the U.S. Economy is in a Deep Recession
The United States is already in a recession and it will be longer as well as deeper than many people expect, U.S. investment guru Warren Buffett said in an interview published Saturday in the German magazine Der Spiegel.
A High Water Mark for the Eurozone
The latest data from the eurozone “looks like a resounding confirmation” of the single currency area’s resilience, said Unicredit.
Germany, Warren Buffett Likes It, and So Do We
‘Oil Bust’ Headline Makes a Good Punch Line
Perhaps part of the humor is that this comes at the same time as the price of gasoline went up 3 cents to another record high of an average of $3.70 a gallon. This is up 22% from this time last year! 22 percent! 22! Hahahaha!
Old Europe, New Growth
A spritely performance from “Old Europe” – France and Germany – helped Eurozone growth exceed expectations in the first quarter.
European Growth Strong in the First Quarter, but Will it Last?
Powered by the biggest German expansion in 12 years, the European economy shrugged off the U.S. slowdown to post first-quarter growth numbers ahead of analyst estimates.
Dollar Rallies
In the currency market, the dollar was sharply higher against the euro. Late Wednesday, the euro was trading at $1.5881 vs. $1.5993 on Tuesday.
Germany To Cut Biofuels Targets
With startling Teutonic efficiency, it appears that the Germans will be the first country to cut their biofuels targets… I am pleased; very pleased.
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