Tag: Ifo

Ikani Taumoepeau will replace Ifo Pili as Las Cruces city manager

After an internal process that concluded with three interviews on Wednesday, Las Cruces City Council selected Assistant City Manager Ikani Taumoepeau as its next city manager. If Taumoepeau accepts the City Council’s offer, he will replace Ifo Pili, who resigned in February to take a position in West Valley City, Utah. “I am honored to […]

Head of Germany’s ifo: Transport strikes hitting economy

Wide-ranging strikes hitting Germany’s state-owned rail network and flag carrier Lufthansa are having a significant impact on the country’s ailing economy, the head of the highly regarded ifo economic institute said on Thursday. Speaking on national public television broadcaster ZDF, ifo President Clemens Fuest described the strikes as “an additional burden that [Germany] could well […]

Ifo lowers German growth forecast for 2024 to marginal 0.2% increase

Germany’s ifo Institute has once again lowered its growth forecast for this year and now sees a minimal increase of 0.2% in gross domestic product (GDP). In December the economic institute’s forecast showed a 0.9% rise which they lowered to a 0.7% increase in GDP in January. “Consumer restraint, high interest rates and price hikes, […]