The German economy has narrowly missed tumbling into recession but recorded output growth of just 0.02% in the final quarter of 2018.
In preliminary figures, which could yet be revised, the country’s statistics agency said construction and business spending helped Europe’s largest economy avoid two consecutive quarters of negative GDP (gross domestic product) growth – a technical recession.
Output in the previous three months – July to September – had been measured at -0.2% as demand in Germany’s export-led economy tumbled amid the world economic slowdown linked to China’s trade war with the US.
Production in the country’s car industry continued to drag on growth given weaker demand – a factor also blamed for a slowdown in UK economic growth to 0.2% between October and December.
Germany’s automotive sector, which counts BMW, Audi and Mercedes among its brands, has also been hit by delays around new emissions checks.
The pressure on Germany’s factories has offset support from a relatively strong domestic economy.
Analysts point to a low unemployment rate of 3.3% and hope that the worst is now behind Germany given renewed hopes of progress in a truce being found to end the trade war.
However, Germany’s export-led model remains particularly exposed in the EU to the continued threat of a hard Brexit.
Research last year by the IW Instritute in Cologne estimated that 5% of German output was directly or indirectly linked to UK trade.
Dangerous days in Sudan after leadership talks break down | World News
Huge protests have been taking place in Sudan, with demonstrators demanding that the military hands power to civilians.
It comes after former president Omar al Bashir was ousted, with the military council taking over.
Sky’s chief correspondent Stuart Ramsay reports from Sudan’s capital.
Political insiders and people generally in the know here, have been warning me for days that the youth-led revolution in Sudan is far from done; it seems they were on the money.
You would never have known there were any doubts though, as tens of thousands gathered in the main protest square in Khartoum for a night they expected to celebrate long and hard.
They believed they were gathering to hear the names of the people who would make up the main part of a new civilian-led leadership council for the country.
As we pushed our way through the crowds towards a newly erected stage at one end of the square I was constantly hugged, clapped on the back and made to dance as pop music boomed through speakers.
The clear night skies, bringing a pleasant drop in the temperature, seemed to indicate that this really was to be a night of celebration… But there were already signs that things weren’t right.
Everyone welcomed me to the “New Sudan” as I passed.
I asked if this was it. “Yes this is it,” they would shout above the music through beaming smiles of joy.
It was infectious stuff.
The clear night skies, bringing a pleasant drop in the temperature, seemed to indicate that this really was to be a night of celebration.
They are used to turning out in huge numbers but there was a special feeling in the air.
They filled the streets, clung to billboards and sign posts and hung off bridges.
It was closer to a rock concert than a political rally. Mobile phone lights twinkled in the darkness everywhere you looked as people sang and danced.
But there were already signs that things weren’t right. Long delays and huddled conversations between staff on the stage seemed to unsettle the crowd.
Attempts were made to urge the crowd to join in revolutionary chants.
Then speeches began urging the people to remember that the revolution was not over and that they needed to remain on the streets.
I asked a young man if it was a good night.
“Not really,” he said.
I asked him why and in essence he said what others had been saying: the military and the old guard don’t want to hand over control.
From the stage the news finally came through that the protest leaders and the military council were having “problems” and that negotiations had now ceased.
The protesters say that old pro-government political parties had intervened with their own nominations for the new council.
The protest leaders said that despite their earlier agreement that the military need to be represented on that leadership council, they had decided they should have no representation.
They also said that they were to announce the new leadership themselves and no longer recognised the military leaders.
I’ve heard this gambit before – most recently in Venezuela.
It basically doesn’t work unless a substantial section of the military are on your side.
There is nothing to indicate at this stage if that is actually the case here. But some major military figures have yet to show their hand – one way or the other.
Dr Mudawi Ibrahim Adam, a human rights specialist who has been imprisoned by the now overthrown Omar al Bashir a number of times, is widely tipped as a future prime minister, if agreement with the army can be reached.
He told me in the garden of his house that the current negotiations were in a dangerous phase.
He said political parties and indeed the military were all suspicious of each other and that there needed to be a new “strong prime minister”.
He said that if there was a power vacuum there could be instability.
“Anything can happen, it could empower the military council more, because the military council – the transitional military council – will start using executive powers,” he said.
“It will be very hard, very difficult for them, to leave these powers (for the civilian council),” he stressed.
How this breakdown in trust between the protesters and the military council will develop isn’t clear yet. But it isn’t good.
More and bigger protests are being planned. These are dangerous days. The celebrations are on hold.
British woman Faye Mooney killed by kidnappers in Nigeria | World News
Kidnappers in Nigeria have shot dead a British woman and a Nigerian man, and abducted three others, officials have said.
Police and the British High Commission have named the woman as Faye Mooney and said they were aware of an incident which took place at a holiday resort on Friday but added that they would not speculate on a motive.
Her next of kin have been informed.
The Briton was working in Nigeria as a communications specialist for aid group Mercy Corps and had travelled to the northern city of Kaduna from Lagos as a tourist, police said.
In a statement, Mercy Corps said it was “utterly heartbroken” by the killing.
Police said Ms Mooney, who worked in the west African nation for nearly two years, had been attending a party before the incident.
A Kaduna state police spokesman said: “Some suspected kidnappers armed with dangerous weapons gained entry into a recreational resort called Kajuru Castle in Kajuru local government area shooting sporadically and in the process shot dead two persons, including an expatriate lady, and took away three others.”
Officers have not yet named the other person killed in the incident.
No individuals or groups have said they are behind the killing and police are yet to identify the kidnappers.
Northern Nigeria has been dealing with a Boko Haram and Islamic State insurgency and clashes between farmers and herders, in which hundreds have died.
In a statement, the British High Commission said: “We are engaging with the Nigerian authorities, and we understand an investigation is under way.”
Comedian Volodymyr Zelenskiy wins Ukraine presidential election by landslide – exit poll | World News
Comedian Volodymyr Zelenskiy has won Ukraine’s presidential election with 73% of the vote, according to an exit poll.
The exit poll showed Mr Zelenskiy had beaten Petro Poroshenko by a landslide with the incumbent winning just 25% of the vote.
The poll conducted by the Kiev International Institute of Sociology and the Razumkov Centre public opinion organisation was based on more than 13,000 responses to face-to-face questions at 300 polling stations two hours before the polls closed.
The poll claims a margin of error of three percentage points.
Politics1 week ago
Tory CIVIL WAR: Furious Cabinet minister accuses colleagues of leaking FALSE information
Politics1 week ago
Trump snubs John McCain during bill signing intended to honor him
World4 days ago
China’s Luckin Coffee raises $150 million from BlackRock and others
Politics1 week ago
Sen. Sanders unveiled a new ‘Medicare For All’ bill. Allies wonder how he’ll get it passed.
World1 week ago
Disney’s $6.99-per-month streaming immediately makes it a value winner
Latest News6 days ago
Fire breaks out at Notre Dame cathedral | World News
World1 week ago
GM hints at 2020 Chevy Corvette C8 to take on luxury sports car market
Politics6 days ago
Democratic chairmen demand Trump admin documents on sanctuary city proposal