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RABAH AREZKI is Director of Research at the French National Center for Scientific Research. FREDERICK VAN DER PLOEG is Professor of Economics at the University of Oxford and Research Fellow at the Center for Economic Policy Research in the Netherlands. Michael ROSS is Professor in the Department of Political Science and the Institute of the Environment and Sustainability at University of California, Los Angeles.
The German economy grew by 0.3 percent in the first quarter of the year. The main drivers were consumption and the state. The Middle East war is putting a strain on the global economy. Industry warns against false security. BDI President Peter Leibinger warns that state spending alone cannot solve the structural problems.
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Lawrence, Velshi and Alexander Vindman discuss the current political situation in the U.S. and the world. They discuss Trump's war on Iran and the current state of the economy under his leadership. They also discuss the relationship between Trump and Elon Musk.