German economy shrinks by 0.2 percent

Malaysia Affirms Supportive Stance on Yemen’s Unity Sovereignty

The Government of the Kingdom of Malaysia has affirmed its firm position in support of the unity and sovereignty of the Republic of Yemen, its territorial integrity and independence, and its full support for the Presidential Leadership Council and the Yemeni government as the legitimate authorities mandated to lead the transitional phase and peace-building efforts.

Massive 7.0 Magnitude Earthquake Strikes Alaska, USA

A powerful 7.0 magnitude earthquake struck Alaska, USA, yesterday evening, according to the United States Geological Survey (USGS).

Korean autos exports rise 13.7 percent in November

South Korea's autos exports rose by 13.7 percent year-on-year in November, thanks to a notable increase in shipments of eco-friendly and hybrid models.

Barcelona Consolidates Lead in Spanish La Liga with Win Over Villarreal

Barcelona strengthened its position at the top of the Spanish La Liga table after defeating host Villarreal 2-0 in the 17th round of the competition.

Last Update: ، 2025/12/27 Time 12:48:17
Latest News:

A government source confirms full support for Saudi-Emirati mediation to end escalation and for withdrawal ..

UK REAFFIRMS COMMITMENT TO YEMEN'S UNITY AND SOVEREIGNTY

Leadership Council Chairman Presides Over Meeting of National Defense Council

Arab Parliament Reaffirms Support for Yemen's Unity and Government

Yemen Ambassador, Chinese Official Discuss Yemen Developments

German economy shrinks by 0.2 percent

[15/01/2025 07:28]

BERLIN-SABA
The German economy contracted by 0.2 percent in 2024 compared to 2023.

The German Federal Statistical Office said in a statement today, Wednesday, that the contraction is occurring for the second year in a row after a contraction of 0.3 percent in 2023, noting that the burdens related to growth and the structural structure of the economy stood in the way of better economic development in 2024.

According to the report, the most prominent burdens are the high competition for German goods in the important markets for these goods, high energy prices, high interest rates and a shortage of skilled labor.