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Germany’s Dried-Up Rivers Cut Growth But the Rebound Is Coming

Tags: river
rhine river shippingBy Paul Gordon (Bloomberg) — Sinking water levels on Germany’s industrial rivers probably shaved at least 0.7 percentage point off economic growth last year, adding to a series of shocks that almost tipped the nation into a recession. JPMorgan economist Greg Fuzesi estimated the impact of the high temperatures and low rainfall that dried up […]


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Germany’s Dried-Up Rivers Cut Growth But the Rebound Is Coming

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