We’re not the only ones that have economic problems. This recession will be global.

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German unemployment has risen by more than expected in a blow to hopes that it is recovering from a downturn.

There were another 25,000 people out of work in May, data from the Federal Labor Agency show, which was well ahead of Bloomberg expectations of a gain of 7,000.

The unemployment rate held at 5.9pc.

The Federal Labor Agency’s head Andrea Nahles said: “The spring recovery hasn’t really taken off this year.”

https://www.telegraph.co.uk/business/2024/06/04/ftse-100-markets-latest-news-bank-laundering-hamas-us-jolts/