The weakest spending of American consumers and significantly expanded the commercial deficit of goods at the beginning of the year, pointing to a decrease in the largest economy in the world.
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(Bloomberg) – The weakest spending of American consumers and the commercial deficit of goods has expanded significantly at the beginning of the year, pointing to a decrease in the largest economy in the world.
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In India, the fastest major economy that corresponds to, economic growth accelerated to the closure of 2024 on Pick Aug in government spending and the consumption of a strong countryside.
Below are some of the plans that appeared on Bloomberg this week about the latest developments in the global economy, markets and political geography:
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American consumers have unexpectedly retreated to spending on goods such as cars in January amid extreme winter weather, and if they continue, American consumers may be concerned, concerns about the elasticity of the economy.
The trade deficit of American goods dramatically expanded in January to a record, as imports rose to President Donald Trump's promised tariff. The shortage of 25.6 % was swollen to 153.3 billion dollars. Between trade data and consumer spending, GDP is seen at a decline of 1.5 % in the current quarter, a decrease from the expected pace of growth by 2.3 % expected a few days ago, according to the latest forecast of the federal reserve in Atlanta.
The CEO of Walmart Inc. said. American consumers show signs of stress, as food prices remain highly high. CEO Doug McMelon told Chicago economic managers, some shoppers are running out of money before the end of the month and turning into the smaller sizes of consumer goods.
Europe
Donald Trump has explained that Europe needs to defend itself, and that the continent's response to American threats to withdrawal began to crystallize. In the largest security initiative in the region since the Cold War, the European Union is looking forward to launching hundreds of billions of euros in additional defense financing, according to people familiar with the discussions.
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Britain will strike high prices and intense bottlenecks as a result of the work government's plans for a historical increase in construction projects, as explains the analysis. Up to 900 billion pounds ($ 1.1 trillion) on public and private infrastructure by the end of 2029, according to the Boston Consulting Group report – nearly three times the level of the previous five years.
German families are still paying 31 % for energy more than they were before the 2022 crisis, according to a study, highlighting the urgent challenge facing the new government. Taxes and network fees, which constitute the majority of the price paid by consumers.
Asia
India's economy was recovered in the last quarter, as some comfort gave to Prime Minister Narendra Modi, who was exposed to ambitious growth plans for pressure due to the recent slowdown. Potting in government spending after national opinion polls and strong rural consumption helped to enhance growth in the last quarter.
The number of births in Japan has decreased to another record, which confirms the increasing challenge of how to assume the costs of social security of the aging community with what has already become a group of workers who pay taxes. The number of newborns in 2024 decreased by 5 % from the previous year to 720,988 – the lowest balance since these records began in 1899.
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Emerging markets
Chevron Corp in Houston, which waives the United States to work in Venezuela despite the sanctions on the Nicholas Maduro regime, helped raise crude production in the Andes that exceed one million barrels per day, which fueling the economy that lives and breathes oil. Now Donald Trump is preparing to benefit from the presence of Chevron in Venezuela to get what he wants from Maduro.
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Israel has kept the interest rates hanging on the ninth meeting in a row, as the central bank is waiting for the war that caused the war to slow down before the start of the mitigation course. Hungary and Gambia were also held. South Korea and Thailand reduced rates.
– With the help of Irina Angel, Rushi Bhatia, Eva Brendel, Crayon Harrison, Gyeon Kang, Mark Nikit, Andrea Palaciano, Anopy Roy, Joe Ryan, Ogchasata Sarava, Gorro Valero, and Erica Yukuama.
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