https://www.europesays.com/uk/6577/ Why China is struggling to convince consumers to borrow: ‘I’m not attracted’ #AliceWang #BankOfBeijing #Beijing #Business #China #ChinaInternationalCapitalCorporation #ConsumerLoans #EconomicSlowdown #Economy #InterestFree #Jiaxing #LinXiaojing #MortgageRepayments #smartphone #TradeInProgrammes #UK #UnitedKingdom #WhiteCollarJob #ZhejiangTailongCommercialBank
“Despite the attempt of right-wing media to hide the [economic] crisis, more than half of Americans have heard unfavorable business news coverage of the government’s policies. While MAGA continues to approve of Trump, he’s rapidly losing support among the rest of the coalition that put him into office.”
#Politics #USPolitics #TrumpTradeWars #TradeDeficitMyth #TrumpTariffs #EconomicSlowdown #RecessionRisk #DemocracyVsOligarchy #LettersFromAnAmerican
New York stock market plummets as Trump's willingness to risk recession for tariff policy sparks investor panic, with Nasdaq falling 4% and widespread selloffs across sectors
#YonhapInfomax #NewYorkStockMarket #TrumpTariffPolicy #NasdaqPlunge #EconomicSlowdown #MarketSelloff #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=53641
Wall Street stocks tumble as investors fret over US economic slowdown — https://www.ft.com/content/7f836a84-4fa5-4cd9-bcca-4e98d5a2e2a4
#HackerNews #WallStreetStocks #EconomicSlowdown #InvestorsFret #MarketTrends #FinancialNews
#JapaneseStocks suffered their biggest ever daily loss Monday as fears about a #US #EconomicSlowdown sent shock waves through #GlobalMarkets.
The #Nikkei225 index of leading stocks in #Tokyo lost a staggering 4,451 points, its biggest drop in history. The index closed more than 12% down, taking its losses since early July to 25% and entering bear market territory. #Japan
Japanese stocks crash in biggest one-day drop ever as global market rout intensifies
https://edition.cnn.com/2024/08/04/business/japan-nikkei-stock-rout-intl-hnk/index.html
Some ground reports of the slowdown was brought out by Livemint in September. And the NSO data only confirms this now.
https://www.livemint.com/news/india/slowdown-stories-from-india-s-heartland/amp-1568226866326.html
What do we do of saheb's "Ek Bharat, Shreshth Bharat" now?
Cheeni samajh ke chai me mila ke pi lo! Ya fir cooking oil samajh ke pakode talo!
So in simple words we are spending less than what we used to five years ago. People are cutting down on basic essentials food items like sugar and salt. The government didn't want us to know the numbers. And even if we had known this, nothing much would have happened. Our ability to cope up with disasters has gone up a historic high. We don't care.
You know it's #newindia when you wake up to this news.
Consumer spend sees first fall in 4 decades on weak rural demand: NSO
The primary reason is a sharp 8.8% fall in consumer spending in rural India.
Even essential food items like salt, sugar, spices, edible oil, etc. has seen a drastic fall of demand.
