News

Europe’s largest economy on the brink of recession

Published

4 years ago

December 15, 2021

Germany is on the brink of recession following a winter of supply chain bottlenecks and surging Covid cases

The economy will shrink by 0.5 percent in the fourth quarter of this year, when compared with the three months of 2022.

An economy is officially in recession when it contracts for two consecutive quarters, with the expected strong post-pandemic recovery still not occurring.

Despite this news, growth is expected to peak once again next summer, provided Covid cases fall and supply chain issues ease… but the slow start to the year will undoubtedly hurt the nation.

Munich’s Institute for Economic Research expects inflation to increase by 3.1 percent this year and 3.3% in 2022, which are rates that far exceed the European Central Bank’s target of 2 percent.

In addition to this, consumer prices will not return to normal until 2023.

Last week, Germany recorded its highest daily increase in Covid deaths from Covid-19 since February.

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William Howard

William is an Executive News Producer at TICKER NEWS, responsible for the production and direction of news bulletins. William is also the presenter of the hourly Weather + Climate segment. With qualifications in Journalism and Law (LLB), William previously worked at the Australian Broadcasting Corporation (ABC) before moving to TICKER NEWS. He was also an intern at the Seven Network's 'Sunrise'. A creative-minded individual, William has a passion for broadcast journalism and reporting on global politics and international affairs.

News

LIVE: U.S. and Israel launch war on Iran

U.S. and Israel escalate conflict with Iran, heightening regional war fears for the second time in eight months.

Published

1 hour ago

March 4, 2026

ticker NEWS

U.S. and Israel escalate conflict with Iran, heightening regional war fears for the second time in eight months.

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U.S. and Israel strike Iran, escalating war fears and risking wider regional conflict for the second time in eight months

News

Trump claims Iran military neutralised as Strait Of Hormuz tensions surge

Trump claims Iran’s military largely neutralized; tensions rise with attacks threatening air travel and oil shipping.

Published

3 hours ago

March 4, 2026

Harvey Vargas

Trump claims Iran’s military largely neutralized; tensions rise with attacks threatening air travel and oil shipping.

President Trump says Iran’s military capability has been largely neutralised, including its navy and air force, as the conflict in the Middle East intensifies. Iranian attacks have threatened commercial air travel and oil shipping through the Strait of Hormuz, raising fears of wider economic fallout.

The U.S. Embassy in Riyadh has faced two attacks, while Gulf states worked to intercept further Iranian strikes. Officials report six U.S. troops killed and more than 700 deaths inside Iran as the exchange of fire escalates.

With global markets watching closely, the region remains on edge as military and diplomatic tensions show no signs of easing.

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Airlines face disruptions that surpass previous Middle East conflicts

Published

1 day ago

March 3, 2026

Ahron Young

What’s happening in the Middle East?

Trump says U.S. strikes could last four to five weeks and described the operation as the last best chance to act, while Secretary of State Marco Rubio warns the hardest hits are yet to come
Six U.S. service members have been killed, additional American forces are being deployed to the region, and the White House says nine Iranian naval ships have been destroyed
Iran says it sees no limit to its right to self defence and will not negotiate, as missile and drone attacks continue across Israel, Lebanon and Gulf states
More than 500 Iranians have been killed in U.S. and Israeli strikes, with further deaths reported in Lebanon, Israel and the UAE
Shipping, aviation and energy markets have been severely disrupted, more than 11,000 flights have been cancelled, Gulf stock markets have closed temporarily, and oil and gas prices have surged amid Strait of Hormuz fears