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German Industrial Orders Up: Massive Boost From Arms Spending
German Industrial Orders Up: Massive Boost From Arms Spending
Submitted by Thomas Kolbe
Was this the turning point of the summer, a kind of summer-sun Merz-turnaround?
Latest figures from the Federal Statistical Office show a significant jump in industrial orders in Germany: The order volume of companies across all sectors rose by 2.5 percent in July compared with the previous month – the third consecutive increase.
These are good numbers for the Chancellor, who is desperately looking for supporting arguments for his political course ahead of the state elections in eastern Germany. The...
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Markets are reminding investors that volatility has two sides in digital assets.
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