The legend in the InstaSpot team!
Legend! You think that's bombastic rhetoric? But how should we call a man, who became the first Asian to win the junior world chess championship at 18 and who became the first Indian Grandmaster at 19? That was the start of a hard path to the World Champion title for Viswanathan Anand, the man who became a part of history of chess forever. Now one more legend in the InstaSpot team!
Borussia is one of the most titled football clubs in Germany, which has repeatedly proved to fans: the spirit of competition and leadership will certainly lead to success. Trade in the same way that sports professionals play the game: confidently and actively. Keep a "pass" from Borussia FC and be in the lead with InstaSpot!
Weak demand from abroad unexpectedly reduced the volume of industrial orders in Germany, this is another sign that exporters in Europe's largest economy are suffering from a slowdown in the global economy and growth in the number of trade barriers. Contracts for goods produced in Germany declined by 1.6% in December, the overall decline was caused by a fall in orders of 5.5% from customers outside the eurozone, while domestic orders decreased by 0.6%.
"It is now clear that the best times for the German industry have passed. Due to the slowdown of the global economy and many political risks, I doubt that new and sustainable growth impulses will appear in the near future," said Alexander Kruger, an economist at Bankhaus Lampe.
Growth is expected to remain weak early in the year, as sentiment indicators indicate a decline in industrial activity in the coming months. Industrial orders declined, and any recovery in industrial activity would be slow. The Ifo indicator last week showed that business sentiment in Germany fell in January for the fifth month in a row. Other data showed that retail sales in Germany fell in December more noticeably in just 11 years, which became an alarming signal about household spending, which became a key factor in growth in Germany. Positive factors include record high employment, real wage growth, and low borrowing costs.
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