1. I sat and watched N-TV business news today. The German economy didn't grow in the third quarter of 2025. Shocking? No.
GDP? It stagnated at the level of the previous quarter. This apparently met economists' forecasts. Countries like France and Spain are performing better.
Better news? The German economy narrowly avoided a recession in the summer quarter. Gross domestic product (GDP) stagnated from July to September compared to the previous quarter, according to the Federal Statistical Office's preliminary estimate.
In case you were wondering....two consecutive quarters of negative growth are considered an official recession.
2. Two odd pieces of news....business-wise. There are thousands of apprentice positions still open presently. Second thing....120k more unemployed Germans than this time last year.
3. VW is reporting a billion-Euro loss for the 3rd quarter.
4. A new traffic law is going to occur in Slovakia. The government in Bratislava reportedly plans to introduce a speed limit for pedestrians.....6 kph.
I paused over this...thinking....generally at the gym, I'm on the treadmill, and walking at a rate of 5.6 kph. I really didn't think it was an amazing speed.
So....if you were walking 6.5 kph? In Slovakia, you'd get a warning probably....maybe even a ticket.
5. Chancellor Merz is spending a couple of days in Turkey....working on trade talks.
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