A lack of workers is the “greatest burden” on the country’s economy, the Ifo’s president has warned Labor shortages and the transition to renewable energy along with soaring inflation will weigh on Germany’s economic growth in the long term, the president of the Ifo Institute for Economic Research, Clemens Fuest, has warned.
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Ukraine’s latest proposal to condemn Russia has attracted the backing of just 58 out of 193 UN member states, a far cry from the number that symbolically supported Kiev in the General Assembly in March.
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