In spite of a slowing economy in Europe, Germany was still able to witness improvement in its exports in December to end 2012 on a positive note with the level of exports reaching a record high. Trade surplus in Europe’s leading economy also jumped to the second-highest in post-war history.
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Politics and economy are interrelated notions. The Greek politicians did not manage to create a coalition, which means the country dwellers will have to vote once again. The inconclusive elections held this year have involved an unprecedented amount of economic aspects. The voters seemed to mind the economic outcome much more than the political decision and came to polls to oppose the austerity.
Many of them predict the second elections to be uncertain and bring no leader again. This trend consists in people’s turning to radical parties such as Syriza to protest the austerity measures. The left-wing party is actually unable to form a government on its own.
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Yahoo is going to discharge considerable part of its staff – 2000 employees, that is about 14 percent of its regular personnel. The layoff that’s expected on April 4 is another attempt to regain its relevance of the old days.
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