German business morale falls on rising COVID cases, bottlenecks

  • 📰 Reuters
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 97%

United States Headlines News

United States Latest News,United States Headlines

German business morale fell for the second month running in August. While the economy grew more than expected in the second quarter, authorities have warned of a fourth wave of infections which has the business community nervous

Ifo economist Klaus Wohlrabe told Reuters the outlook for that period gave cause for concern as 70% of industrial businesses surveyed complained about supply chain bottlenecks.

"The decline in German companies' exports to China in July is a sobering sign," said Volker Treier, head of foreign trade at the DIHK Chambers of Industry and Commerce, adding that shipping problems were disrupting international supply chains.raised its 2021 profit forecast after strong quarterly results, but said the global semiconductor chip shortage and rising raw materials prices would hurt its performance in the second half of the year.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
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:

 /  🏆 2. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

COVID-19 live updates: More than 180,000 new cases reported among kids last weekSeems like these states are connected somehow. Hmm….. If only the people in these states weren’t such morons…. You get what you deserve in this case- any unvaccinated person ( without an exception due to age or a medical issue) who gets Covid should be denied medical care Meanwhile in Massachusetts, 1 of TOP FIVE states for keeping COVID19 rates down thru high vaccination rates, you have Conservatives/Moderates whining about reinstitution of maskmandates in some cities/towns. Y'all are free to move to these 'well-functioning' RedStates!
Source: ABC - 🏆 471. / 51 Read more »

CDC adds 6 destinations to 'very high' Covid-19 travel risk list, including the BahamasThe Bahamas and Morocco have been added to the highest-risk destinations for travelers, according to the US Centers for Disease Control and Prevention's regularly revised travel advisories list. They come in at 'Level 4,' the highest risk level. Honestly stop with this. We can all look up where we can and cannot travel. Let’s just stop living!!! Cool. Ya I can attest to that!!
Source: CNN - 🏆 4. / 95 Read more »

Arizona's sham 'audit' report delayed after Cyber Ninjas CEO and others test positive for Covid-19The report detailing the findings of contractors who conducted Arizona's sham 'audit' of last year's election results -- which had been expected Monday -- will be late because three of the five members of the auditing team have tested positive for coronavirus, the state's Republican Senate leader says. Shame, Shame, Arizona! It's a karma bus sweep...🤣🤣🤣 Hahahaha….CNN, the worst “news” outlet in the world trying to appear as if anyone there has more than an 8th grade education. Shame they hate the truth…….
Source: CNN - 🏆 4. / 95 Read more »

Coronavirus News: What's Happening with the COVID-19 OutbreakLess than a week after testing positive for COVID-19, Texas Gov. Greg Abbott says he’s now testing negative for the virus: “I’m told that my infection was brief and mild because of the vaccination I received.' Planed 💯🤣🤣 he never had covid.. All a scheme to get more people to get the vaccine 🤷💯 Miss me with that bulshit Or maybe his immune system… Was it a false positive? IDK 🤷🏻‍♂️
Source: WebMD - 🏆 709. / 51 Read more »

Hilary Duff Gets Breakthrough COVID-19 InfectionThe diagnosis came just days after production on her new show began.
Source: papermagazine - 🏆 409. / 53 Read more »

FDA cautions against off-label use of Pfizer/BioNTech Covid-19 vaccine in younger childrenEven though the US Food and Drug Administration has fully approved the Pfizer/BioNTech Covid-19 vaccine for people age 16 and older, and it remains authorized for people as young as 12, the agency is warning against using the vaccine 'off-label' in children younger than 12. To do so, it says, 'would not be appropriate.' any parent allowing their child to take a vaccine that doesnt work at all, with side effects of HEART INFLAMMATION in your children, is a fool.if u are doing it our of fear, ure doung it wrong. educate yourself, do research, and then make smart decisions.dont listen to CNN,FAUCHI don’t care never getting it Exactly. If you don't give them the adult Tylenol don't give them the adult dosage of the vaccine.
Source: CNN - 🏆 4. / 95 Read more »