Parts of Germany were hit by a long stretch of hot, dry weather last July that impacted outputs. Photo: Sean Gallup/Getty Images

Germany's industrial output unexpectedly fell in November, which may mean that its economy entered into a technical recession at the end of last year, Bloomberg reports.

Why it matters: Europe's largest economy had already cut its growth expectations by a third, announcing in December that it expected the economy to grow by just 1.5% in 2018.

  • "The decline ... was broad-based and led by consumer goods and energy. Output was down 4.7 percent year-on-year, the most since 2009," Bloomberg's Carolynn Look writes.
  • The data "has clearly increased the risk of a technical recession in Germany in the second half of 2018,” said Carsten Brzeski, chief economist at ING Germany.

Go deeper: 2019 could be worst year for economy since '08

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Updated 41 mins ago - Politics & Policy

Biden seeks $2 trillion clean energy and infrastructure spending boost

Photo: Timothy A. Clary/AFP via Getty Images

Joe Biden expanded his energy and climate plans Tuesday with a call for spending $2 trillion over four years on climate-friendly infrastructure — a proposal the campaign is casting as part of a wider economic recovery package.

Why it matters: The plan, which is the focus of a speech Biden will deliver this afternoon, represents a long-anticipated plan to move his climate platform further left and make it more expansive.

2 hours ago - Health

4 former CDC heads say Trump's undermining of agency puts lives at risk

CDC director Robert Redfield and President Trump. Photo: Drew Angerer/Getty Images

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Why it matters: Former directors Tom Frieden, Jeffrey Koplan and David Satcher and acting head Richard Besser served in parts of the Obama, Bush and Clinton administrations. They said they "cannot recall over our collective tenure a single time when political pressure led to a change in the interpretation of scientific evidence."

Chinese students at U.S. colleges face deep uncertainty

Illustration: Annelise Capossela/Axios

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Why it matters: More than 360,000 Chinese students are enrolled at U.S. colleges. Many of them could be forced to return to China if the rule change is implemented.