AFP Industrial production in Germany unexpectedly fell back sharply in July amid sluggish global demand, official data showed Wednesday, fuelling concern of a “further cooling” of the economy. July saw production 1.5 percent lower than the previous month in Europe’s largest economy, correcting for price, calendar and seasonal effects, the federal statistics office Destatis said. The figure fell far short ...

  The Group of 20 meeting last weekend received only light coverage from the press and market analysts. Imagine my surprise when I read the content-heavy 48-paragraph statement issued at the conclusion of the gathering by country leaders. Either few took the trouble to read the communique or, more likely, its contents were dismissed as wishful thinking that wouldn’t be ...

  German Chancellor Angela Merkel may have adjusted her policies after last year’s refugee influx. But on Sunday, she was punished anyhow by voters in her own constituency of Mecklenburg-West Pomerania. That’s one sign that the EU migration crisis is far from resolved yet. Ever since March, when Merkel rammed through a European Union deal with Turkey under which undocumented ...