Officially, Germany Falls Into Recession.

The German economy was in recession in early 2023 after household spending in Europe's economic engine finally succumbed to the pressure of high inflation. #News #Reuters #newsfeed #germany #economy #recession Subscribe: Reuters brings you the latest business, finance and breaking news video from around the globe. Our reputation for accuracy and impartiality is unparalleled. Get the latest news on: Follow Reuters on Facebook: Follow Reuters on Twitter: Follow Reuters on Instagram: ...(read more)

BREAKING: Recession News
LEARN MORE ABOUT: Bank Failures
REVEALED: Best Investment During Inflation
HOW TO INVEST IN GOLD: Gold IRA Investing

Germany, one of the biggest economies in the world, has officially entered into a recession. The country's economy has been heavily impacted by the COVID-19 pandemic, with a drop in exports and investments being the main factors behind the decline. Germany's gross domestic product (GDP) in the second quarter of the year shrank by 10.1%, the biggest contraction since quarterly GDP calculations began in 1970. This follows a 2.2% drop in the first quarter, officially putting the country into a recession. The German government had been anticipating the downturn as the country went into lockdown to contain the spread of the coronavirus. The manufacturing and export sectors, which are critical to the German economy, were particularly affected by the pandemic as global supply chains were disrupted. The decline in German GDP is also a reflection of the damage the pandemic has caused to the global economy, with other major economies such as the United States and Japan also entering into a recession. The German government has implemented a range of measures to support the economy, including a €130 billion rescue package announced in June. The package provides support for small and medium-sized businesses, stimulus measures, and investment in infrastructure. Despite this, there are concerns about the lasting impact of the recession on the German economy, particularly with the ongoing uncertainty around the pandemic. The German government has warned that it is likely that the country may see continued economic decline in the third quarter of the year, but hopes the worst of the crisis is now over. The recession in Germany is also a reminder of the need for global cooperation to address the economic impact of the pandemic. Countries around the world are grappling with similar challenges and will need to work together to create a sustainable recovery. In conclusion, it is clear that Germany, like many other countries, has been heavily impacted by the COVID-19 pandemic. While the government has implemented measures to support the economy, the impact of the recession will be felt for some time. It is critical that all countries work together to address the economic challenges posed by the pandemic and focus on creating a sustainable recovery for all. https://inflationprotection.org/officially-germany-falls-into-recession/?feed_id=104651&_unique_id=647e03070a4f0 #Inflation #Retirement #GoldIRA #Wealth #Investing #Bloomberg #breakingnews #business #Finance #headlines #Markets #marketstoday #news #newstoday #reuters #reutersyoutube #thomsonreuters #TopNews #World #RecessionNews #Bloomberg #breakingnews #business #Finance #headlines #Markets #marketstoday #news #newstoday #reuters #reutersyoutube #thomsonreuters #TopNews #World

"Is Birch Gold Group a Reliable Choice for Your 2023 Gold IRA Investments?" - A Quick Review #shorts

In this Birch Gold Group review video, I go over what makes this Gold IRA company unique, the pros and cons, their fees, minimums, and much more. Get their free guide here: 👉 FREE Resources: ➜ Gold IRA Company Reviews: Birch Gold Group boasts high ratings from consumer advocate groups. With an A-plus rating from the Better Business Bureau, a triple-A rating from the Business Consumer Alliance, and high marks from Trust Link, Trustpilot, and Google Business, Birch Gold is a top choice to trust your hard-earned retirement savings. Birch Gold Group’s low initial investment minimum is another edge it has over its competitors whose minimums can range from $25,000 to $50,000. A beginning $10,000 minimum investment is all that is required to start a GOLD IRA with Birch which is advantageous for first-time investors. Spanning nearly two decades, Birch Gold Group’s mission and philosophy focus on a commitment to understanding your needs and finding the right fit for you. Their

New York Times Company Continues to Add Online Subscribers at a Steady Clip

Business News by Timothy Sumer - The company’s first quarter results showed total paid subscriptions reaching 4.5 million. Online ad revenue rose 19 percent, to $55 million, thanks, in part, to “The Daily” podcast. from NYT > Business https://nyti.ms/304QC2w via Timothy Sumer

Should I Rollover My 401k to an IRA? YES! #shorts #retirement #financialfreedom

Should I Rollover My 401k to an IRA? YES! #shorts #retirement #financialfreedom Should I Rollover My 401k to anIRA 🤔 || 401k to IRA Rollover Pro's & Con's In this video, I want to talk about rolling over your 401k to an IRA Rollover and if that makes sense for your retirement planning . I want to look at the pro's to rolling over a 401k and also the con's to rolling over a 401k. When you should rollover your 401k to an IRA and when you should NOT rollover your 401k to an IRA. Let's talk about when you should NOT rollover your 401k to an IRA: 1. You are still working and are under the age of 59.5 2. You are 55 and considering retirement (Rule 55) 3. Increased creditor protection in a 401k 4. 401k's offer loans--IRA's do not offer loans Why you SHOULD rollover your 401k to an IRA 1. More investment choices in IRA over 401k 2. Lower investment fees 3. Convert IRA to Roth IRA (Roth IRA Conversion) 4. Consolidation from multiple 401k'

Timothy Sumer

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