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Export malaise hits Germany as EU economic heavyweights struggle
Momentum in German exports slowed in the first half of 2019 and abruptly reversed in June, data showed on Friday, adding to signs of broad-based weakness in an economy increasingly relying on domestic demand to eke out even meager growth.
Eurozone economic sentiment declines as expected in July
Euro zone economic sentiment continued to worsen as expected in July on less optimistic industry, services, retail trade and construction and inflation expectations among companies as consumers decreased as well, data showed on Tuesday.
Tanzania's economic growth slows in first quarter as construction softens
Tanzania’s economic growth slowed to 6.6 percent year-on-year in the first quarter of 2019 from 7.5 percent in the same period a year earlier, official data showed on Sunday, weighed down by softer construction, agriculture and manufacturing activity.
Reuters polls: Global economic growth rut at risk of deepening despite rate cuts
A global economic growth rut risks deepening, despite expectations that major central banks will cut rates or ease policy further, according to Reuters polls of over 500 economists who remain worried about the US-China trade war.
US economic growth seen slowing in second quarter
The US economy likely grew at its slowest pace in more than two years in the second quarter as an acceleration in consumer spending was probably offset by weak exports and business investment.
Japan's Abe vows flexible steps in case of downside economic risks
Japan stands ready to take all possible steps flexibly and without hesitation when downside risks to the economy emerge, Prime Minister Abe Shinzo said, as a simmering Sino-US trade war clouds the outlook for the export-reliant economy.
In blow to Mexican president, markets, finance minister quits over economic 'extremism'
Mexico’s moderate Finance Minister Carlos Urzua resigned on Tuesday with a letter that shocked markets by citing ‘extremism’ in economic policy, before President Andres Manuel Lopez Obrador quickly named a well-regarded deputy minister to replace him.
Eurozone sees economic outlook worsening amid uncertain US trade policy
The European Commission lowered its forecast on Wednesday for the eurozone economy next year, saying that uncertainty over US trade policy posed a major risk to the bloc.
Germany faces pressure to spend as economic risks grow in Europe
Trade tensions and uncertainty surrounding Brexit are raising economic risks for the euro area, prompting France to urge Germany to loosen its purse strings to support growth.
Turkey sacks central bank chief amid economic slump
Turkey has fired its central bank governor without giving an official reason, as policy differences between the government and the bank deepened in the face of an economic slump.
Japan raises economic assessment for May on robust output data
The government raised its assessment of the economy for May on Friday, saying downside trends are coming to a halt, helped by upbeat industrial production, though an uncertain outlook for the global economy remains due to the US-China trade dispute.
Brexit clouds gathering over UK’s economic prospects
Mark Carney, the governor of the Bank of England, used to say that financial markets, households and businesses had all reacted at different speeds to the prospect of the UK’s departure from the EU.
Number of vacant homes in Iran tops 2.6 million: Report
A new report published in an Iranian economic website shows that the number of vacant properties across the country has topped 2.6 million as authorities mull taxes on empty houses in a bid to curb exorbitant prices in the housing market.

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