The outlook for the German economy is bleak: authorities cut their growth forecasts for 2025
Germany, once known as the "locomotive" of the European economy, is now facing unprecedented economic difficulties.
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Germany, once known as the "locomotive" of the European economy, is now facing unprecedented economic difficulties.
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In today's increasingly globalized world, international economic relations have become more complex and volatile.
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The latest data of Volkswagen Group in Germany reported on October 30 that its net profit in the third quarter of 2024 fell 64% year-on-year to only 1.58 billion euros, far below market expectations; Revenues were €78.5 billion, down slightly by 0.5% compared with the same period last year.
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Nowadays, with the deepening of globalization, the changes of international economic policies often affect the whole body.
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In November 2024, the minimum wage (SMIC) in France received an important adjustment, with a 2% increase bringing the gross minimum wage to €1,801.80 and the net minimum wage to €1,426.30, with a corresponding increase in the hourly minimum wage.
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Recently, the EU has imposed tariffs on China, and the most direct and obvious impact is that the prices of many goods from China have risen to varying degrees.
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On the ever-changing global economic stage, the EU is like a huge ship sailing towards the crucial channel of economic reform.
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Against the complex backdrop of Russia's war economy, the butter theft highlights the far-reaching impact of inflation on daily life and the country's economy.
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The slowdown in the adoption of electric vehicles in the United States is likely to worsen as the next president, Donald Trump, has promised to scrap tax credits for electric vehicles.
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In the United States election on November 5, Donald Trump was elected the 47th president of the United States with more than 277 votes.
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Recently, the US Senate passed the "Big and Beautiful" bill, the most important legislative project of the Trump administration's second term, with a vote of 51 to 50.
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