-
Germany sees brighter outlook for Europe’s largest economy
The German government on Wednesday said it expects to eke out economic growth this year instead of a decline as Europe’s largest economy manages its energy divorce from Russia and shells out support for consumers and businesses hit by higher energy costs. The 2023 outlook improved to an 0.2% expansion from a 0.4% contraction that was expected in October, when Germany feared it would run out of natural gas used to power factories, generate electricity and heat homes this winter. Warmer-than-usual weather helped, as did a scramble to line up additional supplies of liquefied natural gas, or LNG, that comes by ship ... (full story)
- Comments
- Subscribe
-
- Older Stories
From oilprice.com|Jan 25, 2023Europe’s benchmark gas prices extended losses early on Wednesday, falling by 3% in early trading in Amsterdam for a 25% decline so far this month, as inventories are high and ...
From think.ing.com|Jan 25, 2023A 25bp rate hike from the Bank of Canada with a pause declared given expectations of a stalling economy and sharply lower inflation. While suggesting they could hike further if ...
From bnnbloomberg.ca|Jan 25, 2023Britain needs more government support to achieve its nuclear-power ambitions, which could improve the country’s energy security and help achieve its climate goals, industry ...
-
- Newer Stories
From bnnbloomberg.ca|Jan 25, 2023Oil and gas companies’ contribution to the S&P 500 Index’s earnings has nearly doubled from a year ago as high commodity prices and spending discipline spur record profits while ...
From oilprice.com|Jan 25, 2023As Uzbekistan freezes amid rampant power shortages in its coldest winter for half a century, there is a million-dollar question on the lips of its shivering citizens. Is the ...
From fxempire.com|Jan 25, 2023video Natural gas fell to a new trend low on Wednesday and is fast approaching its next potential support zone. As of the day’s 3.05 low, it was down as much as 59.8% off the ...
- Story Stats
- Posted: Jan 25, 2023 3:41pm
- Submitted by:Category: Fundamental AnalysisComments: 0 / Views: 696
