Echoing these frustrations, on January 5, Deutsche Wellebusiness writer Arthur Sullivan asked if 2026 will be the year when Germany breaks free from its economic stagnation:

Any return to economic growth in Germany in 2026 is expected to be slower and weaker than previously anticipated, according to several economic forecasts.

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Source: https://europeanconservative.com/articles/analysis/germany-europes-growth-engine-or-basket-case/?fbclid=IwY2xjawPcnjhleHRuA2FlbQIxMQBzcnRjBmFwcF9pZBAyMjIwMzkxNzg4MjAwODkyAAEege5YvJ7iMqWVap1P0Oth6aotS7ucZyDr9I0SaMX2Fm1bgMkESpVz2zBKzUI_aem_HBxb73gpi23tKl936tjG_A

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Videos published online on Monday showed demonstrations in the capital, Tehran, and the south-western city of Yasuj.

Human rights activists have said protests have taken place in 26 of the country’s 31 provinces since last week, and that at least 19 protesters and one member of the security forces have been killed.

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Retail sales last month rose 3.7% from a year earlier, data from the National Bureau of Statistics showed Friday, sharply missing analysts’ estimates for a 4.6% growth in a Reuters poll and slowing from June’s 4.8% growth.

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Source: https://www.cnbc.com/2025/08/15/chinas-growth-stumbles-in-july-as-weak-demand-industrial-capacity-curbs-weigh.html

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Its leaders unveiled the plan as thousands of delegates attend the National People’s Congress, a rubber-stamp parliament, which passes decisions already made behind closed doors.

But the week-long gathering is closely watched for clues on Beijing’s policy changes – and this year is more significant than most.

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Source: https://www.bbc.com/news/articles/c8x4vj8rj9wo

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The precious metal has rallied more than 20% this year on anticipation that interest rates could eventually ease. Since gold offers no yield, traders consider it a better investment when central banks slash rates.

For this same reason, spot gold jumped as much as 1.8% on Friday as fresh housing data gave investors renewed reason to bet on lower interest rates.

In July, new home starts dropped to their lowest level since 2020, the Commerce Department reported. This finding adds on to concerns over the economy’s strength, especially after recent weakness in inflation and labor prints.

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Source: https://markets.businessinsider.com/news/commodities/spot-gold-record-price-fed-interest-rate-cuts-safe-haven-2024-8?op=1

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The post Exclusive: China moves to support yuan as stock markets tumble first appeared on Garner Ted Armstrong Evangelistic Association.

Russia has reportedly imposed additional currency controls in an attempt to prop up the falling rouble, restricting western companies that sell their Russian assets from taking the proceeds in dollars and euros.

International companies that want to exit Russia after its invasion of Ukraine have to sell their assets in roubles under new government restrictions, according to the Financial Times, which cited people familiar with the matter.

If they insist on receiving foreign currency for their assets, they face delays or even losses on the sums that can be transferred abroad, the FT reported.

The rouble has weakened since Moscow’s tanks rolled into Ukraine in February last year. The war prompted western countries to impose sanctions on Russia, hitting its currency and wider economy. The rouble has lost more than 20% of its value against the dollar this year, sliding past the psychologically important level of 100 roubles to the US currency in August.

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Source: https://www.theguardian.com/world/2023/oct/31/russia-capital-controls-rouble-vladimir-putin

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The trigger for Tuesday’s stock slide was China announcing a much smaller interest rate reduction than anticipated. Reuters quoted economists who found Beijing’s policy moves profoundly disappointing, although some held out hope for strong action after the next Politburo meeting in July:

“The aim (of China’s rate cut) is to bolster lending, but investors appear a little underwhelmed by the action and are waiting until further moves promised to bolster the economy materialize,” said Susannah Streeter, head of money and markets at Hargreaves Lansdown.Analysts at BofA global research said in a note that “such marginal easing” would likely help prevent growth from slowing sharply, but was “unlikely to offer a strong boost to reverse the growth slippage in the near future”.

Bloomberg News suggested bigger rate cuts were withheld for political reasons, specifically the reluctance of the Chinese regime to promote real estate speculation:

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Source: https://www.breitbart.com/economy/2023/06/20/chinas-floundering-economy-triggers-plunge-in-global-stocks-and-oil-prices/

The post China’s Floundering Economy Triggers Plunge in Global Stocks and Oil Prices first appeared on Garner Ted Armstrong Evangelistic Association.

The economic rebound seen earlier this year has lost momentum in the second quarter, prompting China’s central bank to cut some key interest rates this week for the first time in nearly a year, with expectations of more to come.

“The post-Covid recovery appears to have run its course, an economic double dip is nearly confirmed, and we now see significant downside risks to our below-consensus GDP growth forecasts of 5.5% and 4.2% for 2023 and 2024, respectively,” analysts at Nomura said in a research note after the latest disappointing data.

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Source: https://www.reuters.com/world/china/chinas-economy-slows-further-may-weak-demand-drags-2023-06-15/

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