German industry warned that persistent low water levels have sharply reduced Rhine freight capacity and are expected to cause massive losses for the German economy this year. The Rhine carries about 80% of Germany's inland cargo transport, and water levels at the Kaub section have fallen below the 2018 low-water record of 25 centimeters. (Xinhua World) [Evidence:310268] Key events: Low water levels on the Rhine threaten the German economy and may cause massive losses (Xinhua World) [Evidence:310268]