Germany Enters Recession: Will it Impact India? | Vantage on Firstpost
Germany entered a recession after two quarters of negative GDP growth. What does the slowdown in Europe’s largest economy mean for the rest of the world? Should India be worried? Meanwhile, the euro dropped on Thursday as Europe’s largest economy Germany was confirmed to be in a recession, while the dollar hit a two-month peak
Germany | Recession | Germany Recession | Europe Economy | Europe Recession | India | Firstpost | Vantage
#germany #recession #europe #india #firstpost #vantage #palkisharma
Vantage is a ground-breaking news, opinions, and current affairs show from Firstpost. Catering to a global audience, Vantage covers the biggest news stories from a 360-degree perspective, giving viewers a chance to assess the impact of world events through a uniquely Indian lens.
The show is anchored by Palki Sharma, Managing Editor, Firstpost.
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Germany, the largest economy in Europe, has officially entered a recession. The country’s economy contracted by 0.1% in the second quarter of 2019 and by 0.2% in the third quarter, fulfilling the technical definition of a recession. This slowdown in economic growth could potentially have a ripple effect on global markets, including India.
Germany is a major trading partner for India, with bilateral trade reaching $21.5 billion in 2018. In fact, India is Germany’s largest trading partner in South Asia and seventh largest in the world outside the European Union. The two countries have strong economic ties, particularly in the automotive, engineering, and chemical industries.
The slowdown in Germany’s economy could impact Indian exports, as Germany is a major market for Indian goods. India exports a range of products to Germany, including pharmaceuticals, textiles, and automotive components. A decline in demand from Germany could lead to a decrease in exports from India, negatively affecting Indian businesses and the economy.
However, there could also be some positive impacts for India. A recession in Germany could lead to a decrease in the value of the euro compared to the Indian rupee. This could make Indian exports more attractive to other European countries, leading to an increase in demand for Indian products in those markets.
Additionally, the Reserve Bank of India could potentially use this opportunity to lower interest rates in order to stimulate the economy. Lower interest rates could lead to increased consumer and business spending, boosting economic growth. This could also lead to increased foreign investment in India, as investors seek to take advantage of the lower interest rates.
Ultimately, the impact of Germany’s recession on India will depend on a variety of factors, including how long the recession lasts and how other global markets are affected. While there may be some short-term negative effects on Indian exports, there is potential for long-term positive impacts on the Indian economy. Overall, India must remain vigilant and adaptable in the face of shifting global economic conditions.
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I don't believe the facts / the experts 0:11 "experts are blaming householdspending". The true reason why Germany is in recession is bc of the migrants, the best qualified people leave Germany, only unqualified personal comes to Germany.
And industrial companies are fleeing Germany.
Do you understand German?
https://www.youtube.com/watch?v=Dh_dsMJrPGc
Your experts 0:11 are wrong, unless Firstpost media wants to cover up the true reason and you and the German government are partners, hiding the truth from the people.
Indian economy will not impact due to the smart dyplomacy
USA did enter a recession, they changed the definition of recession for themselves and pretended they had not. USA had two consecutive quarters of GDP contraction in the first half of 2022. This is what white people do, they make up the rules as they go and interpret them in a way that benefits them the most.
https://youtu.be/UpoGVBQGo0U
Short answer yes, long answer yesssssss
Now Europeans will invade a prosperous and wealthy muslims nations like ex-iraq and ex- libya to fill thiers coffers in the name of democracy and destroy muslims and get prosperous and get out of recession
Thanks to nato
Not just Germany intire europe is broke andvuk is doomed
Sink germany under water and poverty
Well, Germany was happy with America blowing up its gas pipeline and then paying America 5times the price they were getting it from Russia, madness or stupidity, or planned.
The DAX made new time high… U kidding?
Good news for Germany
So funny how you tell,,open your eyes,see recession is decreased, in september germany will be out of recession, news people always be like earning food by telling lies in present not showing positive things whuch is going to happen,ahame on you media
https://www.youtube.com/watch?v=GUy89qQmG84 hang on , germany is a major culprit, for decades now.
kind of what happens when you sanction 2/ 3rd of the world's oil. Everyone has to pay the price for your stupidity. Earlier USA would just bully the Saudis to increase pumping for them so West wouldn't see inflation. or force Russia to sell cheap sanctioned oil to Them. But now that is not happening since their own actions have changed global energy supply chains and currency of trade. Nice try but we do know the difference between 4-6%, inflation and 30% -300% inflation. And we do understand inflation in a growing economy Vs inflation in a contracting one.But Germany will be spineless and stupid and will keep supporting the country that is blowing up your pipelines so their oil companies can make a buck. Be america's colony. Good riddance for the world. The racists will cannibalise themselves.
GErmany is a enemy of russia ..you sent takes to kill russians ..l hope putin shuts off tbe oil …
Germany should not have messed with mother Russia because her economy is definitely going down after her NATO gangster military alliance committed international terrorism by blowing up the pipelines that supplies gas to Germany from Russia
People in Germany are not rich either, now our government is destroying our good power supply and is forcing us to scrap our good new gas/oil heating systems and to spend unnecessarily, and then there is the gender shit Etc. .
Shit B. Chancellor / and the Greens.
Please don't upload videos without palki sharma …. seriously…
Where is my gurl
Make war
Somewhere i think, sanctions on Russia Iran, Venuzuvella backfired
3 major oil countries
Wait until winter…
They cant spend because they never had the damn money!
Global depression. The petrodollar is being dumped.
Remember Iraq used to "work" with the US…… Then Iraq was invaded because America no longer needed Iraq to work with. The US is always looking for a victim to work with.
Polska – Volska = Exports increased 3 Fold with More Containers from Nordska & Angloska!!!