Germany to Grow by Just 0.3 Percent in 2024: Industry Group

Published on January 17, 2024

Germany will only register sparse growth in 2024, an industry group predicted as the country’s annual GDP declined last year for the first time since 2020. The Federation of German Industries (BDI) expects the country’s economy to grow marginally by 0.3 percent in 2024 while the global economy registers a 2.9 percent growth rate, according to a Jan. 16 press release. Germany is the largest economy in Europe. “The economy in Germany is at a standstill. Compared to most other large industrialized countries, our country is falling further behind. We don’t see any chance of a quick liberation in 2024,” said BDI President Siegfried Russwurm in Berlin on Tuesday....

Continue reading on website
Other news

70 MPs Challenge Sunak’s Rwanda Proposal in Amendment Debates Ahead of Key Vote

January 17, 2024
Prime Minister Rishi Sunak is facing a formidable challenge from 70 MPs, including nearly 60 on the right of the Tory party and two former senior party officials, after the first of two days of exhaustive debates in the Commons over his proposal to send asylum seekers to Rwanda.Approximately 60 MPs from within the Conservative Party challenged the prime minister on Tuesday by supporting amendments

Jordan Peterson Loses Appeal to Overturn Mandatory Social Media Training

January 17, 2024
Ontario’s highest court has denied the request of psychologist and author Jordan Peterson to rescind an order from his profession’s governing body that will force him to receive remedial social media training.A three-judge panel of the Ontario Court of Appeal, in a decision released on Jan. 16, rejected Dr. Peterson’s appeal to quash the decision of the Ontario Divisional Court that upheld the ord