Danger signs flashing for state of German and British economies

London

THE biggest problem is the trade stand-off between US President Donald Trump and China's President Xi Jinping. But the de-acceleration of the European economy and persistent uncertainty over Brexit are also alarming.

DIW (Berlin), the ifo Institute (Munich), IfW (Kiel), IWH (Halle) and RWI (Essen), Germany's leading economics research institutes have revised their economic forecast for Germany significantly downward.