As US-China tensions intensify, economists have urged the German government to fork out cash to avoid a recession.
“According to data currently available, industrial production is expected to shrink markedly in the current quarter as well.” Germany can afford it on paper after five consecutive years of budget surpluses and interest rates for long-term loans that are extremely attractive to the federal government. On Sunday, German Finance Minister Olaf Scholz hinted at a potential intervention, stating that Germany could “fully face up to” a new economic crisis.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Activist accuses Dr M of having 'Malaysia for Malayans' mentalityFrancis Paul Siah scoffs at call for the shedding of parochialism in Sarawak and Sabah. FMTNews
Source: fmtoday - 🏆 5. / 72 Read more »
Southeast Asia stocks gain as global stimulus hopes lift risk sentimentSuch hopes found support from China's interest rate reforms and a fiscal stimulus in Germany.
Source: malaysiakini - 🏆 20. / 51 Read more »
Easy credit poses tough challenge for Russian economy | The Malaysian InsightLevel of loans has grown so much minister warns it may contribute to another recession.
Source: msianinsight - 🏆 8. / 63 Read more »
Wildlife meet mulls trade rules to counter ‘unprecedented’ species declines | The Malaysian InsightDelegates meet for 12 days to evaluate CITES regulations, species protection listings.
Source: msianinsight - 🏆 8. / 63 Read more »
NGOs mulling legal action to stop the temporary operating license to LynasThe group's lawyer says his client is considering a judicial review to squash the government's decision.
Source: malaysiakini - 🏆 20. / 51 Read more »
Pahang says no application yet from Lynas on disposal facility sitePAHANG DUN | MB responds to report that five possible locations have been identified for the PDF.
Source: malaysiakini - 🏆 20. / 51 Read more »