US News German economy in summer Continue to recovery course

15:20  29 october  2021
15:20  29 october  2021 Source:   ksta.de

Libya: 10 years after the death of Muammar Gaddafi, the hostage economy of militia

 Libya: 10 years after the death of Muammar Gaddafi, the hostage economy of militia © AP - Hazem Ahmed in Libya, the economy remains the hostage of political divisions and the control of armed groups. with the death of Muammar Gaddafi under the assaults of rebel fighters in Syrte, a long period of instability opened for Libya. This decade of almost uninterrupted violence has prohibited any development perspective.

The German economy has remained on a growth course despite delivery bottlenecks in the third quarter. Especially due to consumer consumer, gross domestic product (GDP) rose by 1.8 percent compared to the previous quarter, as the Federal Statistical Office in Wiesbaden announces.

Vor allem von der Konsumlust der Verbraucher profitierte das gestiegene Bruttoinlandsprodukt (BIP). © Carsten KOALL / DPA Especially from the consumer's consumption benefit, the increased gross domestic product (GDP) benefited.

In the second quarter of the year, Europe's largest economy has even grown by 1.9 percent after recent figures.

, however, the gross domestic product is further in the pre-crisis comparison in the minus. Compared to the fourth quarter of 2019, the period before the beginning of the Corona crisis, GDP was 1.1 percent lower in the third quarter of 2021.

The IMF provides for a modest recovery of growth in Africa in 2021 and 2022

 The IMF provides for a modest recovery of growth in Africa in 2021 and 2022 © Paul J. Richards by IMF, growth in Africa suffers low vaccination rate against CVIV-19 The International Monetary Fund (IMF ) provides for a more modest growth in Africa than in the rest of the world, in 2021 and 2022, the low vaccination rate against CVIV-19 on the continent explaining this delay. Growth for sub-Saharan Africa must be 3.7% in 2021 and 3.8% in 2022, "a welcome but relatively modest recovery", the institution in its forecasts published on Thursday.

Consumer Lust as a business engine

was supported by economic growth in the period from July to the end of September, according to the consumption of consumers. The restrictions on combating the Corona pandemic with temporary closure of restaurants, gyms and stores were gradually loosened from mid-May.

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The industry, on the other hand, suffers from material deficiency and delivery bottlenecks, which are a folic structure of the corona crisis 2020. Last year, demand was broken. With the economic recovery, global demand attracts again. Raw materials and precursors such as semiconductors are scarce and have become significantly more expensive. Despite well-filled order books, some companies have to throttle production.

Mittelstand wants more immigration from abroad

 Mittelstand wants more immigration from abroad with a view to the lack of specialists, the Federal Association of Medium-sized economy seeks the competitiveness of Germany. © Kay Nietfeld / DPA The CEO of the Federal Employment Agency, Detlef Scheele. «More and more companies of all industries are currently found neither professionals nor trainees," said Federal Building Manager Markus Jerger's newspapers of the Funke Media Group. «That endangers elemental the competitiveness of SMEs and thus the location Germany as a whole." Even increasin

recovery is expected to lose the federal government and economists therefore expect the economic government that the economic recovery loses significantly at speed at the end of the year. This year, in the face of the current delivery bottlenecks and high energy prices, high energy prices do not come to the hoped-for "final spurt", said the executive Minister of Economic Affairs Peter Altmaier (CDU) recently. He spoke of a historically unique scarcity of high-speed goods.

The Federal Government drove down the growth expectations for 2021. According to the coronary burglary of the gross domestic product 2020, the government expects the economic output to 2.6 percent this year - in April, an increase of 3.5 percent had been predicted. For 2022, economic growth of 4.1 percent instead of 3.6 percent will be expected.

also leading economic research institutes had significantly reduced their economic forecast for this year. It expects economic growth in Europe's largest economy of 2.4 percent.

Berlin. The lifeless body of a Russian diplomat found in front of its embassy .
© John MacDougall / AFP The Russian Embassy in Berlin (Germany), in 2019. Photo of illustration. The lifeless body of a Russian diplomat was found in front of its Embassy of Berlin (Germany) on October 19th. The confirmation was brought this Friday, November 5th by a spokesman for German diplomacy.

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