Former Defense Department official Graham Allison and columnists Walter Mead, Allison Schrager, and Ian Bremmer comment on the return of Donald Trump during a panel at the World Economic Forum Annual Meeting: GRAHAM ALLISON,
The German economy has shrunk for two years in a row, will stagnate in 2025, and hardly grow thereafter. Faced with deep-seated structural challenges, Europe’s powerhouse is in an economic existential crisis.
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An early payoff has already been scored by TikTok, the video-sharing app that spent months currying favor with the then-candidate Trump in hopes that if he won the election, he would help it survive a threatened shutdown.
Donald Trump will shortly be sworn in as the 47th president of the U.S., and financial markets are pivoting their focus to the anticipated policies.
While the interim government’s intention to tackle political and economic challenges is commendable, the task appears daunting.
Germany is in the middle of its worst economic slowdown in years. Official figures show two years of consecutive GDP contraction, and 2025 is unlikely to bring any relief, projected at near-zero growth.
Auto industry jobs have long been the lifeblood of the German town of Luedenscheid but now, a trade union official says, the sector’s woes have sparked fears it will turn into an “open-air industrial museum”.
The German economy shrank for the second straight year in 2024 as worried consumers held back on spending and Chinese competition ate into the country’s traditional exports of cars and industrial machinery.
Rebecca Jones asks economist James McIntyre from Bloomberg Economics, what this all means for Australia in the year ahead. Rebecca Jones is the managing editor of Bloomberg News for Australia, New Zealand and the Pacific Islands.