Bundesbank Slashes German GDP Forecast
The Bundesbank sliced more than 1 percentage point off its forecast for economic expansion in Germany next year after the sovereign debt crisis pushed the euro area into recession and global growth slowed.
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QuickTake: Superpower Strength of the U.S. Dollar
15:15 - In today’s “QuickTake,” Bloomberg's Vonnie Quinn takes a look at the history behind the strength of the U.S. dollar. She speaks on "Bloomberg Markets." (Source: Bloomberg)