A top German economist on Wednesday said he believes the U.S. dollar's poor performance against the euro could continue for at least two years.
"My gut tells me we are going to see something unprecedented in history," Norbert Walter, chief economist for Deutsche Bank, told reporters. "I suspect the dollar will stay weak for at least two years."
For Germany, the world's largest exporter, Walter said selling products on a strong euro poses challenges to which manufacturers are already adapting.
"BMW built its newest factory not in Germany, but in Spartansburg (South Carolina)," Walter said. "It's possible that other car makers will go to eastern Europe, or to China."
The behavior of the Russian inspector satellite, which was launched in the autumn of 2017, puzzles military officials in the United States
When the bill was submitted to Congress on August 2, the reason for imposing the new sanctions on Russia was based on Russia's alleged interference in the US presidential election in 2016, but then something clicked