Worldwide "Made in Germany" has long been synonymous with quality, and this year was no exception. As the export industry continues to run at full steam, the euro crisis still has not kept up with the Germans.
German Vice Chancellor Sigmar Gabriel defied Angela Merkel by refusing to sanction the sale of battle tanks to Saudi Arabia. But this is just a minor corrective for one of the world's major arms exporters.
German exports declined in February as demand from emerging markets was hit by outflows of capital and falling currencies. Imports, however, continued to rise, narrowing Germany’s controversial trade surplus.
Germany's machine tools sector has experienced a slump in orders, particularly from emerging economies, while domestic demand also took a dive. The industry said it might have problems with full plant utilization.
Africa has a new economic frontrunner. Nigeria has released figures suggesting the oil-rich country has overtaken South Africa in terms of gross domestic product. But do the numbers reflect reality?
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