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Australian wine has made a lasting impression on wine palates in North America with an impressive showing at the recent 36th Vancouver International Wine Festival (VIWF).

According to the federal statistics office, Germany's trade surplus soared by 12 percent in July with exports gaining 2.3 percent from the previous month.

European Union finance ministers are hoping to boost the International Monetary Fund's (IMF) resources to aid countries suffering from the global economic downturn.

German consumers are confident the economy will continue to grow, a new survey reveals.