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German business confidence plummets as exports drag

Bloomberg German business sentiment soured further as signs of cooling foreign demand and rising trade tensions continued to drag on growth after a summer economic contraction. The Ifo institute’s gauge of corporate confidence in Europe’s largest economy fell to 102 in November from 102.8 in October. That’s the third straight decline and is likely to add to concerns among some ...

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JPMorgan sees euro 2019 rebound

Bloomberg The end may be in sight for the euro’s worst run since 2015. The common currency will probably bottom out against the dollar in early next year, and rise from there as the US economic outperformance runs out of steam, undermining support for the greenback, according JPMorgan Chase & Co. It may hit a low of $1.11 in the ...

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US crop yields threatened by climate change

Bloomberg American farmers’ livelihoods are at risk from climate change as Midwestern grain yields are poised to tumble amid increasing temperatures and more extreme flooding and droughts, according to a new report. Rising heat, drought, wildfires and heavy downpours are expected to increasingly disrupt agricultural productivity in the US, according to a National Climate Assessment report. While some northern regions ...

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