No account yet?
Subscription Options
Subscribe via RSS, or
 
Free Email Alert

Sign up to receive a daily e-mail alert with links to Dallas Blog posts.

New Site Search
Login
Bill DeOre
Click for Larger Image
Dallas Sports Blog
Local Team Sports News
The Official Site of the Dallas Mavericks
TEX Homepage News

A feed could not be found at http://www.dallascowboys.com/cda-web/rss-module.htm?tagName=News

Stars Recent Headlines
Good News Dallas
Lifestyles
Sector Sanctions Freeze German and French Economies Print E-mail
by Tom McGregor    Thu, Aug 14, 2014, 01:16 AM

President Barry Obama's Sector Sanctions on Russia appear to have backfired as the German and French economies are headed towards a tailspin.

According to the BBC News, "The eurozone's two largest economies both performed worse than expected in the second quarter of this year. German GDP contracted by 0.2% in the three months to the end of June, figures show, after growing by 0.7% in the first quarter."

The European Union has been struggling to overcome low economic growth rates in the past few years, and Russian President Vladimir Putin has announced counter-Sector Sanctions on the EU.

As reported by the BBC, "Germany's Federal Statistics Office said the economy was "losing momentum" after its trade balance had a negative effect on economic development. And official figures show the French economy saw no growth in the quarter."

Ironically, the BBC News, a British-government owned and operated media corporation, failed to mention the impact of Sector Sanctions on Russia in the related article.

To read the entire article from the BBC News, link here:

This e-mail address is being protected from spam bots, you need JavaScript enabled to view it

Share This Story on Facebook
Comments (0)add comment

Write comment
smaller | bigger
password
 

busy
 
< Prev   Next >