The German economy ministry will release an official report on Thursday, or indicate that the German economy will contract in 2024, sources told the German news agency on Tuesday. The ministry warned that Germany's gross domestic product (GDP) could fall by 0.1 percent this year. In the spring, they expected the economy to grow by a meager 0.1 percent. The biannual study includes contributions from top think tanks such as the Munich-based think tank IFO and the German...
The document shows that the Russian Ministry of Economy raised its forecast for oil export prices in 2024 and 2025 to $70 and $69.7 per barrel, compared with a previous forecast of $65 per barrel.
Caputo, Argentina's economy minister, recently announced that "the Argentine government will stop issuing currency, and the total amount of Argentine currency in the future will either remain unchanged or decrease due to foreign exchange purchases."