LONDON (Reuters) – Deutsche Bank slashed its forecast for Germany’s economy on the coronavirus fallout, saying it now expected the euro zone’s largest economy to contract between 4-5% in 2020 while industrial production could shrink by 10%. “Within days lockdown measures and (temporary) factory closures have reached a level that suggests a far bigger H1 […]
By Michel Rose and Gabriela Baczynska BRUSSELS (Reuters) – Angela Merkel and Francois Hollande sealed a breakthrough deal on the European Union’s last joint budget in 2013, negotiating in a backroom of a Paris stadium where Germany and France were facing off in a friendly soccer game. “We did that in a room with concrete […]
MEXICO CITY (Reuters) – Mexico should move to deepen its economic ties with China after U.S. congressional approval of a new North American trade deal, a senior Mexican official said late on Saturday. Jesus Seade, the deputy foreign minister for North America and Mexico’s top trade negotiator, said that as the second year of President […]
