Business

12 Feb 2019; DW: Germany needs at least 260,000 new migrant workers per year until 2060 in order to meet labor shortages caused by demographic decline, according to a study published on Tuesday.

Of that number, 146,000 people each year would need to immigrate from non-EU member states, the research published by the Bertelsmann Foundation said.

MOSCOW, Feb. 11 (Xinhua) -- Russian Deputy Foreign Minister Sergei Ryabkov on Monday criticized the European Union for its "dual approaches" to Iran.

"The EU must rise above its dual approaches when they try not to annoy the Americans, and to do something so that Iran sees real efforts, and to make the right choice by deciding in favor of real cooperation," RIA Novosti news agency quoted Ryabkov as saying.

ISLAMABAD, Feb. 11 (Xinhua) -- Pakistani Finance Minister Asad Umar on Monday stressed the need to enhance trade ties with neighboring countries to boost the country's economy, local reports said.

Addressing a ceremony at the Peshawar Chamber of Commerce, Umar said that "Pakistan needs to improve relations and boost trade with countries in both the west and east of the region we live in."

Kolkata , February 11; GANASHAKTI: Over 2.5 lakh Jute Mill workers  of the state in West Bengal  is set to start an indefinite strike for wage revision and implementation of minimum wages act in the Jute Industry from 1st March. The slated strike, which will be effective in all the mills of the  state , will also affect over 4.5 million Jute growers, as the strike will paralyze the entire sector in the state, for an indefinite period.

ISTANBUL; 11 Feb 2019; AA: Swiss food company Nestle exports its products to the world from Turkey, said head of marketing and corporate communications at Nestle Turkey.

The company, which has four factories in Turkey, entered the domestic market in 1875 with baby formula.

Now it manufactures over 800 products in 12 categories, Zeynep Sungu told Anadolu Agency.

LONDON (AP) — Mounting uncertainty over Brexit is weighing heavily on the British economy, which slowed last year to its weakest growth rate since the aftermath of the global financial crisis, official figures showed Monday.

The Office for National Statistics said that the British economy grew by a quarterly rate of only 0.2 percent during the fourth quarter, down from the 0.6 percent tick recorded in the previous three-month period. Output actually fell in the month of December, by 0.4 percent from November, though monthly data are known to be volatile.

WASHINGTON (AP) — As the White House refused to rule out the possibility that the federal government may shut down again, negotiators clashed over whether to limit the number of migrants authorities can detain, creating a new hurdle for a border security compromise Congress can accept.

11 Feb 2019; DW: Representatives of France and Australia signed off on a record-breaking submarine deal in Canberra on Monday after nearly two years of frustrating talks.

Beijing, Feb 11 : US negotiators were in Beijing on Monday for a new round of high-stakes trade talks, hoping to reach a deal before the March 1 deadline set by Donald Trump as the IMF warned of a possible global economic "storm".

Preliminary discussions had been expected to start on Monday, according to the White House, before US Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin step in for the main event on Thursday and Friday.

Caracas, February 9; GANASHAKTI: The Economic Debates Unit of the Latin American Geopolitical Strategic Center (CELAG) released a report on "the economic consequences of the boycott against Venezuela," on Friday, in which it is proved that the "international financial blockade to Venezuela since 2013 is the main responsible for the economic crisis."