Articles About Germany

Author:
Eduardo J. Quant
Posted:
04.06.2017

How New Technology Trends are Shaping the Industrial Sector

According to recent studies, the logistics and industrial sectors are set to continue their growth in 2017, as consumer demand for online purchasing grows. Excluding automobile sales, eCommerce has grown from 1% in the first quarter of 2000 to 9.3% in the third quarter of 2016. We expect that share to increase by another 1% by the end of 2018. The current rate of $100 billion eCommerce sales per month will increase by roughly 25% to nearly $125 billion per month in the fourth quarter of 2018.

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Author:
Tom Silva
Posted:
07.10.2012

Who Wants To Be a Millionaire?

Wobbly economies that shook up markets in 2011 took their toll on the world’s rich, though fast-growing Asia for the first time had more millionaires than North America.  According to the report, the global personal wealth of people worth $1 million declined in 2011 for the second time in four years, a side effect of […]

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Author:
James I. Clark III
Posted:
07.09.2012

Back to the Drawing Board for Greece

International lenders and Greece will renegotiate the program on which the second financial bailout for Athens is based because the original has become outdated, according to a senior Eurozone official.  Greece received a €130-billion bailout in February from the European Union and the International Monetary Fund (IMF).  General elections in May and June delayed the […]

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Author:
Mark McDowell
Posted:
06.26.2012

Germany Runs Half the Country on Solar Power

During a spell of extremely sunny weather, – on Saturday, May 26 — the solar-energy record by sourcing nearly 50 percent of its daytime electricity needs from sunshine.  According to Germany’s Institute of the Renewable Energy Industry (IWR), solar power plants produced an unprecedented 22 gigawatts of electricity, approximately the same amount generated by 20 nuclear […]

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Author:
Tom Silva
Posted:
06.25.2012

Germany Catches Cold

In a sign that no Eurozone nation is completely immune to the shocks of the European debt crisis, ratings agency Moody’s Investor Services has cut the credit ratings of six banks in Germany.  The largest bank to be downgraded is Commerzbank, Germany’s second-biggest lender, which was cut to A3 from A2. “Today’s rating actions are […]

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Author:
James I. Clark III
Posted:
05.23.2012

Eurodammerung?

Despite Germany’s strong manufacturing output in March, it was not enough to compensate for a slump across the rest of the Eurozone with declining production, a signal that an expected recession may not be as mild as policymakers hope.  Industrial production in the 17 Eurozone countries declined 0.3 percent in March when compared with February, […]

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Author:
James I. Clark III
Posted:
05.15.2012

Tepid 1st Quarter Growth Disappoints

The American economy grew less than expected during the 1st quarter as the biggest gain in consumer spending in more than a year failed to overcome a diminished contribution from business inventories.  Gross domestic product rose at a 2.2 percent annual rate after a three percent increase in the 4th quarter of 2011, according to […]

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Author:
James I. Clark III
Posted:
04.18.2012

Rising Unemployment Could Push Eurozone Into a Double-Dip Recession

Europe’s unemployment has soared to 10.8 percent, the highest rate in more than 14 years as companies from Spain to Italy eliminated jobs to weather the region’s crisis, according to the European Union’s (EU) statistics office.  That’s the highest since June 1997, before the Euro was introduced.  European companies are cutting costs and eliminating jobs […]

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Author:
Catalina Parada
Posted:
01.23.2012

A Tale of Two Countries in the Eurozone: Germany and Spain

The unemployment rate in Germany declined more than predicted in December as car and machinery exports boomed and one of the mildest winters on record helped construction jobs. The number of jobless people declined a seasonally adjusted 22,000 to 2.89 million, according to the Nuremberg-based Federal Labor Agency.  Economists had forecast a decline of 10,000.  […]

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Author:
James I. Clark III
Posted:

Fallout From European Credit Downgrades Still Underway

European leaders will this week try to deliver new fiscal rules and cut Greece’s onerous debt burden.  All this in the wake of Standard & Poor’s (S&P) Eurozone downgrades. France was not the only Eurozone nation to feel the pain. Austria was cut to AA+ from AAA; Cyprus to BB+ from BBB; Italy to BBB+ […]

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