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purchasing power

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Germany is going through one of its worst crisis

The huge loss of purchasing power and high price inflation in Germany for energy are leading the economy into recession and the worst crisis of the last 50 years, While Marc Schattenberg, of Deutsche Bank Research, predicted a drop in Gross Domestic Product (GDP) of up to 3.5 % next year, other…
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Inflation in Venezuela advances 19.6 % in May

Inflation in Venezuela stood at 19.6 % in May, accumulating a level of 2,950 % in the accumulated period of twelve months and 307.3 % so far this year, as reported this Wednesday by the Venezuelan Observatory of Finance. The coordinator of…