Germany

WHAT'S NEXT?: Germany's immediate concerns will be the holding together of an increassingly fragile EU following the UK's Brexit vote and the recent Italian referendum. With its own presidential elections due in May 2017 Angela Merkel's government will be anxious to make a strong showing.

• [New] Is is clear to both business leaders and policymakers that public money will not compensate for the €170 billion of German trade with the US in order to retain €3 billion worth of trade with Iran.
• [New] Investors should assume that the German tax authorities will gain access to the data of customers of any exchange company in Germany.
• [New] Pork exports are expected to rise for Germany, Poland, Ireland, Italy and France.
• [New] IZettle has built a presence in Europe and South America that will allow PayPal to bring its platform to nearly 500,000 stores in 11 new countries including France, Germany, Brazil and Mexico.
• In Germany, politicians expressed fears that Tillerson's departure reveals Trump is determined to wage a full-scale trade war with the EU.
• By the early 2030s, automation could replace 38% of jobs in the US, 35% in Germany, 30% in the UK, and 21% in Japan.
• In Mr Trump the US has a president willing to risk a trade war to force creditor nations such as China and Germany to reduce the size of their current account surpluses.
• The U.S. is among the countries that will be hardest hit by talent loss: Along with Australia, France, Germany and Japan, the five countries could face a combined opportunity cost of near $1.9 trillion in annual revenue by 2020 alone.
• The top countries in consumer spending in 2022 will be China, the U.S., Japan, South Korea, and Germany.
• The C-130Js will provide crucial air refueling capability to German and French fighter and light transport aircraft.
• German businesses will find a way to keep their doors open in Iran.
• The Muslim constituent of Germany's population could grow from 6.1 percent in 2016 to 19.7 percent in 2050 if high migration continues.
• Germany's largest lender, Deutsche Bank, will scale back U.S. rates sales and trading, reduce the corporate finance business in the U.S. and Asia and review its global equities business.
• Many European countries have put their hopes in Scholz using some of his abundant tax revenues to improve investment and begin a much-needed rebalancing of the German economy.
• The US government will have unprecedented access to personal data of the world's citizens - which will not sit well with global leaders, especially in privacy-obsessed countries like Germany.
• Trump's plan means American-based manufacturing and service providers will find it increasingly difficult to compete with Germany, the UK, Japan, South Korea and throughout Asia - where tariffs on parts and equipment remain low.
• Due to increasing job opportunities in Asia-Pacific countries, China and India will show a tremendous development in the global Autonomous Tractors market.
• Aerospace & defense are expected to lead the market for Global Waterborne Coating Market in the coming years.
• Thirteen countries are expected to have "super-aged" populations-where more than one in five people is 65 or older-by 2020, up from just three in 2014: These include major economies such as the United States, the United Kingdom, Japan, Germany, France, and South Korea.
• By 2030, 9% of today's jobs in India will be done by machines, 16% in China, 23% in the US and 24% in Germany.
• Britain, France and Germany are engaged in intensive negotiations with Washington and Tehran seeking a 'supplemental agreement' acceptable to Iran that will persuade the US not to withdraw as President Donald Trump has threatened to do.
• 67 percent of industrial managers in Germany expect smart factory networks to create new security risks that they cannot manage with their own expertise.
• The proposed sale of the MQ-4C Triton will support legitimate national security requirements and significantly enhance Germany's intelligence, surveillance, and reconnaissance capabilities and the overall collective security of the European Union and NATO.

Last updated: 22 May 2018