Germany news: Recession looms as Iran war chokes growth

🇩🇪 Deutsche Welle (DE) —
Germany news: Recession looms as Iran war chokes growth

AI Summary

Germany faces a looming recession driven by an energy shock linked to the ongoing Iran war, which has hampered economic growth. Concurrently, German police have conducted raids against an international drug trafficking ring amid these challenging conditions.

Economists say Germany is edging toward recession as an energy shock caused by the Iran war takes a chunk out of growth. Meanwhile, police have carried out raids on a suspected international drug ring. DW has the latest.

World Security Politics Markets Energy Germany recession energy shock Iran war economic growth police raids drug trafficking

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