Data point to continued economic slowing in US and Europe

Note: I am still off on vacation so the posting schedule is light for this week. Next week will be back to a medium load.

I do have a lot of links though and here they are. The big issue is the economic slowing in the US and Europe.

 

ECONOMY

These articles demonstrate that the global slowdown is spreading beyond the eurozone periphery and is well entrenched in the US and Western Europe.

BBC News - Germany's exports decline in June on eurozone woes

"Exports in June totalled 92.3bn euros ($114bn; £73bn), 1.5% lower than May, said the Federal Statistics Office.
At the same time, Germany's imports dropped 3% to 76.1bn euros, resulting in a trade surplus of 16.2bn euros."

France headed for recession: central bank | Reuters

"France's...


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