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Shortfall in Orders Hits German Economy Hard.

Munich: A shortfall in orders is hitting the German economy hard, the Munich-based Ifo Institute said on Monday. Last month, some 41.5% of companies reported a lack of orders, up from 39.4% in July, the institute said.

According to Anadolu Agency, th…

Russia’s Central Bank Deliberates December Policy Rate Decision.

Moscow: Russia’s central bank has not yet determined a policy interest rate decision for December, Deputy Governor Alexei Zabotkin stated, highlighting that high price increases have remained relatively stable over the past one or two months. Zabotkin…