Singer to take the stage at Coca-Cola Arena on December 14
‘The negative picture is heavily influenced by the poor mood among consumers and firms among Germany's European trading partners,’ Ifo said, according to the magazine on Sunday.
Ifo's export climate indicator for Germany, the world's biggest exporter of goods, fell by 0.08 points to minus 1.24 points, the lowest reading since May 1993, the report said.
Behind the bleak outlook was the fact that France, Italy and Spain were teetering on the brink of recession, it added. Some two thirds of exports from Europe's largest economy go to other countries within the 27-nation European Union.
After growing 1.3 percent in the first quarter, German gross domestic product (GDP) shrank by 0.5 percent in the April-June period, and a number of leading economists have said the economy could contract again in the third quarter.
Last week, Ifo said expectations for the global economy were now at their lowest level in nearly 18 years.
Singer to take the stage at Coca-Cola Arena on December 14
Rajinikanth's daughter Soundarya visited the Tiruvottiyur Shri Vadivudai Amman Temple in Chennai to offer prayers for the speedy recovery of her father
Recently, both actresses visited Kashmir to shoot for the film
IMF chief said the region remains a bright spot despite numerous shocks over the past few years
The cyber-thriller is available for streaming on Netflix
'Music is a more honest place for me where I feel like I can say things that I wouldn't say,' admits the star
Last month, she was banned from being a charity trustee for five years
The authority also seized ready-to-use marijuana that was being stored with the intention of selling in the country