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|LIN Connor Brickley Jersey , Nov. 14 (Xinhua) -- German economy expanded slightly in the third quarter following a contraction in previous months, thus dodged a technical recession feared by some economists, official data showed on Friday.
Adjusted for price, seasonal and calendar variations Jonathan Huberdeau Jersey , German gross domestic product (GDP) increased by 0.1 percent in the third quarter of 2014, Federal Statistical Office (Destatis) said. The quarter-on-quarter growth meets economists' previous expectation.
The growth was mainly driven by private consumption which increased "considerably" during the period, said Destatis. Net exports also had a slightly positive effect on the economic expansion.
Overall investments, however Aaron Ekblad Jersey , was decreased. Among them, investment in machines and equipment fell considerably, while that in construction declined slightly, Destatis said.
The Statistical Office also upwardly revised growth data in previous quarters. GDP in Germany contracted by 0.1 percent in the second quarter Keith Yandle Jersey , following an increase of 0.8 percent at the start of this year.
Due to weak global growth and geopolitical tensions in Ukraine and Middle East, German economy lost its momentum in recent months. German government, central bank, International Monetary Fund and European Commission have all cut their forecast for the growth of Europe's biggest economy.
Earlier this week Roberto Luongo Jersey , an advisory panel of German federal government urged the coalition to adjust its economic policies to improve environment for private investment and innovation. German government, they said, should also increase public spending without adding new debt.
LONDON， Jan. 2 (Xinhua) -- Higher rail fares were introduced across Britain Monday， meaning the cost of commuting will be higher for millions of commuters.
Most will face paying more since the start to return to work after the Christmas and New Year holiday.
Rail companies will be charging an extra 2.3 percent more on average. The higher charges cover regulated fares， including season tickets， and off-peak tickets.
According to a research by the main opposition Labor party， some rail commuters will now pay around 2，500 U.S.dollars a year more to travel to work than in 2010.
Travel weary passengers took to social media to vent their anger at having to dig deeper into their pockets.
Some called for rail and bus public transport systems to return to public ownership.
Lianna Etkind， from the Campaign for Better Transport group， said: ""Today's fare rises are another kick in the teeth for long-suffering rail passengers. Many experienced a less frequent and more overcrowded service last year， and now they are required to pay more for the same this year.""
The group describes train fares in Britain as the most expensive in Europe.
""People up and down the UK are being priced off our railways unable to use the train to get to work. Our Government is responsible as it regulates 60 percent of train fares and these have increased by 25 percent since 2010. Unregulated train fares can rise even further，"" said a spokesman for the group.
Paul Plummer of the Rail Delivery Group which represents train operators， said: ""Increases to season tickets are set by government. Money from fares is helping to sustain investment in the longer， newer trains and more punctual journeys that passengers want.""
Transport Secretary Chris Grayling said: ""We are delivering the biggest rail modernization program for more than a century， providing more seats and services. We have always fairly balanced the cost of this investment between the taxpayer and the passenger.""
In November， London mayor Sadiq Khan has frozen fares across the Transport for London (TfL) network until 2020. The pay freeze affects services on London Underground， the Docklands Light Railway and TfL-funded rail services. Khan says it will save an average 250 U.S.dollars over the next four years.
More disruption continued Monday on Southern Railway， used by hundreds of thousands of people for their daily commute into London from towns and cities surrounding the capital.
A 72-hour strike by train conductors entered its third day on Monday， with another strike planned for January 9 in a row over plans to use drivers instead of conductors to open and close train doors.
" Businesses switch focus to online campaigns and sponsorship Suits for Chinese athletes at the Rio Games by ANTA Sports Products Ltd are displayed in Shenyang, Northeast China's Liaoning Province on Saturday. Photo: IC
Chinese businesses have been quite reserved in marketing campaigns concerning the Rio Olympic Games Evgenii Dadonov T-Shirts , due in large part to the changing way people access event information as well as the country's slowing economy, experts said on Tuesday.
With the Rio Games under way, most businesses in downtown Shanghai have failed to roll out Olympics-themed products or promotions.
"People's enthusiasm for the Rio Games doesn't seem as high compared with the 2008 and 2012 ones, so we'd rather launch special set meals for Qixi Vincent Trocheck T-Shirts ," a restaurant manager surnamed Wang, who preferred to keep her full name anonymous, told the Global Times on Tuesday.
Qixi, known as Chinese Valentine's Day Aleksander Barkov T-Shirts , fell on Tuesday, this year.
Only a few big-brand sporting goods stores such as Li Ning and ANTA have been seen selling Olympics-related products, with Team China or Olympic banners on display.
In April, ANTA Sports Products Ltd announced the ad campaign "Go Surprise Yourself" for the Rio Games and unveiled sportswear specially designed for China's national teams Evgenii Dadonov Hoodie , including gymnastics, weightlifting, wrestling, judo and boxing.
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