Germany faces economic challenges amid Iran conflict and industrial warnings

Germany is grappling with a projected €52 billion tax hole as the Iran war impacts its economy, while industrialist Reinhold Würth warns of a 'deindustrialisation spiral' and the end of Germany's golden years. Meanwhile, Volkswagen is reportedly considering a shift to arms production, and Chinese EV maker Leapmotor expands in Germany with a low-cost offer.