Indicators

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German financial experts have become optimistic in August. The reason for this are rises in incoming orders and a revival in exports. The economic expectations experienced a surprisingly dramatic leap, as reported by the Center for European Economic Research (ZEW). A much slower rise had actually been anticipated. Although some experts remain doubtful as always, signs of an end to the global crisis are nevertheless becoming increasingly apparent.

The Ifo Index for the global economic growth, for example, has gone up for the second time in succession. The USA and Asia are...

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