There is a war in Iran. The USA and Israel attack targets in Iran. This has effects for the whole world. It also affects the economy in Germany.
The Ifo Institute makes forecasts for the economy. The experts lowered their expectations. They believe: The economy in Germany grows only very little. The war makes everything more expensive.
The prices for oil rise especially strongly. People notice this at the gas station. Gasoline and diesel now cost much more money. Energy also gets more expensive for companies.
The government under Friedrich Merz must react. The state wants to buy people time. But a downturn still threatens. Many companies worry a lot.
During the attacks, old cultural sites were also destroyed. These are very old buildings with much history. People around the world are sad about this. The violence in the Middle East continues.
