German Police Raid 13 Properties Related to Friday Terror Arrests
German police have conducted raids on 13 properties in Berlin and elsewhere in Germany, a followup to last week's arrest of two men suspected of recruiting fighters for the Islamic State group.
A police spokesman said the residents of the raided properties were alleged associates of the two men arrested Friday.
The Deutsche Welle broadcast service reported that the residents of the raided properties were not treated as suspects - but that various objects, including computer hard drives, had been confiscated.
Police throughout Europe have been on heightened alert since the terrorist attacks in France earlier this month.
Chinese Economic Growth Slower Than Expected
China's economy has grown at its slowest pace in 24 years, and the cooling trend is expected to continue into 2015, according to new figures released by Beijing.
China's government said Tuesday that its economy grew by only 7.4 percent in 2015, just missing its predicted growth rate of 7.5 percent.
Analysts say the rate is not as bad as it could have been, given a year when bad loans spiked, credit collapsed, and key real estate prices fell.
Property values are expected to be a continuing drag on the economy in 2015, with the power to affect a variety of other economic sectors. Experts worry about the onset of a deflationary cycle that would slow down demand across a range of Chinese domestic industries.
The World Bank says a continuation of the Chinese slowdown could affect world markets, negating the positive effect of increasing economic activity in U.S. and British labor markets.
The new Chinese figures have influenced the International Monetary Fund to downgrade its forecasts for global growth over the next two years. It warns that weakness in major global economies will outweigh the effect of lower oil prices, which consumers have welcomed in recent weeks.