Thursday, September 19, 2024
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Government spending

Russian central bank hikes rates to fight inflation fueled by military spending in growing economy

MOSCOW (AP) — Russia's central bank raised its key interest rate by a full percentage point to 19% to combat high inflation as government...

Australia’s Economy Stays Subdued as Consumers Cut Spending

(Bloomberg) -- Australia’s economic weakness persisted in the three months through June as consumers hunkered down in the face of elevated borrowing costs and...

China Growth Headwinds Mount as Factory and Housing Data Worsen

(Bloomberg) -- China has been relying on its manufacturing might and export engines to offset the drag from a slumping property market and keep...

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