Andreas Rees News
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German business and investor confidence has beaten forecasts every month this year, suggesting the strength of Europe’s largest economy may have been underestimated.
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German payrolls growth will continue this year and unemployment will decline even as economic growth cools, according to Unicredit Group.
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Germany is bettering its European rivals in the race to harness Chinese growth as exports to the Asian nation begin to outstrip those to the U.S.
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German business confidence jumped more than economists forecast in January to a five-month high, signaling Europe’s largest economy may avoid a recession.
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Manufacturing expanded in India and China in December, indicating Asia’s fastest-growing major economies have so far withstood the fallout from Europe’s sovereign debt crisis.
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Emerging-market stocks gained for a third day as reports showed growth in manufacturing in countries from China to India, while a factory output gauge in Germany beat forecasts.
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The transfer market says Spain should win the 2010 World Cup, according to UniCredit Group.
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German business confidence unexpectedly rose for the first time in five months in November, defying Europe’s worsening debt crisis.
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German exports unexpectedly rose for a second month in September, helping Europe’s largest economy weather the sovereign-debt crisis.
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Germany may be on the brink of recession after the sovereign debt crisis caused the economy to contract in the final quarter of 2011.
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