Germany has fiscal muscle to counter next crisis: Scholz Aug 19, 2019 0 216 12345 Berlin: Germany has the fiscal strength to counter any future economic crisis “with full force”, Finance Minister Olaf Scholz said on Sunday, suggesting Berlin could make available up to 50 billion euros ($55 billion) of extra spending. With its economy on the brink of recession and borrowing costs at record lows, Germany is facing pressure at home and abroad to ditch its pledge to target balanced budgets and instead boost investment by taking on new debt. A government official earlier said that the finance ministry was toying with the idea of issuing debt in line with the more formal debt-brake rules to help finance a climate protection programme. (Reuters) Pages 12 RELATED ARTICLES White House says no recession in sight, pushes China trade talks Aug 19, 2019 0 333 Ferrari will expand its line-up of road cars, but not too much Aug 19, 2019 0 431 QSE sees biggest daily gain in almost 2 months Aug 19, 2019 0 471 JV with SeaDrill helps GIS maintain its bullish outlook Satyendra Pathak Doha Gulf International Services (GIS), the largest listed service group in Qatar with interests in a broad cross-section of industries, has maintained its bullish outlook following the .. Argentine economy minister resigns amid spiralling crisis Buenos Aires: Argentina’s Economy Minister Nicolas Dujovne resigned Saturday after a week of economic tumult caused by President Mauricio Macri’s defeat in a primary poll ahead of a general election. Dujovne will be ..