Germany's economic engine throttles back over 'what if' uncertainties
Berlin
NERVOUSNESS among buyers of German goods around the world - often over problems that have yet to materialise - is forcing some of the nation's small-and-mid-sized manufacturers to postpone investments, and threatening to stunt economic growth.
These largely family-owned companies of the "Mittelstand", the backbone of German industry, definitely face trouble this year in major export markets, due to an economic slowdown in China and recession in Russia and Brazil.
But much o…
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
International
Sunak says UK to raise defence spending amid global threats
China’s central bank hints it may add treasury bond trades to policy toolkit
US business activity cools in April; inflation measures mixed
India’s inflation at risk from extreme weather, geopolitical issues: central bank
Thailand to replace military-appointed Senate, reduce its powers
Bankers lose hope of London IPO revival for another year