Scholz sees Germany riding out war in Ukraine without recession

Scholz sees Germany riding out war in Ukraine without recession
German chancellor, Olaf Scholz. (Image: Bloomberg)
Bloomberg
By Michael Nienaber and Arne DelfsChancellor Olaf Scholz said he’s sure Germany will avoid a recession this year, offering reassurance for Europe’s largest economy as it faces down Russia’s energy squeeze.Germany is getting through the winter energy crunch in better shape than feared just a few weeks ago, and Scholz said that diversifying gas supplies has been critical in helping to keep the economy going.“I’m absolutely convinced that this will not happen – Germany going into a recession,” Scholz...

More Bloomberg

Firm wants to make purchasing cannabis super easy
Retail

Firm wants to make purchasing cannabis super easy

Verano invites shoppers to grab a basket and get their pot direct off the shelf.

Bloomberg 29 Jun 2025
Iran-Israel conflict spreads to hacks on banks, crypto
Bloomberg

Iran-Israel conflict spreads to hacks on banks, crypto

Pro-Israel hackers announced a new breach targeting an Iranian crypto exchange.

Bloomberg 19 Jun 2025
Here are the 10 best hotels in the world
The Life

Here are the 10 best hotels in the world

Its top 10 list consists entirely of tied scores for the top prize.

Bloomberg 15 Jun 2025
Afghan refugees should be treated same as South Africans
Bloomberg Opinion

Afghan refugees should be treated same as South Africans

The greater outrage is the suspension of a refugee programme that is so badly needed.

Bloomberg 17 May 2025