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Germany: Recession Deepens as Economic Contraction Extends into Second Year
On Saturday, October 12, 2024, in Berlin, locals and tourists alike gathered at the foot of the Brandenburg Gate, a symbol of German strength and resilience, as the country faces deepening economic struggles. Germany's economic struggles have worsened, with officials confirming the country is heading into a second consecutive year of recession. The downturn is being driven by cyclical factors and long-standing structural issues, including Germany's reliance on manufacturing and its vulnerability to global competition, particularly from China. The manufacturing sector has faced continued decline, with export orders falling to levels not seen in decades. Video Credit © Michael Kuenne/PRESSCOV /ZUMA Press
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Stories not Stock: 3 Reasons Why You Should Use UGC Instead of Stock Video
Video content is an essential part of a brand’s marketing strategy, and while stock footage has been a reliable go-to in the past, forward-thinking companies are looking to user-generated content for their video needs.
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