US consumer spending ends 2022 on weaker grounds; slowing inflation

Shopper spending fell 0.2% in December private revenue will increase by 0.2%; The financial savings price rose to three.4%. Core PCE value index rose 0.3%; 4.4% enhance yr on yr WASHINGTON (Reuters) – U.S. client spending fell for the second straight month in December, placing the financial system on a decrease progress path heading into … Read more

Indian police arrest students who gathered to watch a BBC documentary on Modi

NEW DELHI (Reuters) – Delhi police detained college students on Wednesday as they gathered to observe a current BBC documentary on Prime Minister Narendra Modi that India known as propaganda and banned from broadcasting and sharing on social media. It follows comparable unrest, a few of which turned violent, at pupil gatherings this week to … Read more

An Indian university announces a power outage ahead of the screening of Modi’s documentary

NEW DELHI (Reuters) – A serious Indian college minimize electrical energy and web on campus on Tuesday earlier than its college students’ union screened a BBC documentary on Prime Minister Narendra Modi that India branded as propaganda, tv station NDTV reported. . . Jawaharlal Nehru College (JNU) within the capital, New Delhi, has threatened disciplinary … Read more

Davos 2023: Greta Thunberg accuses energy companies of throwing people ‘under the bus’

DAVOS, Switzerland (Reuters) – Greta Thunberg referred to as on the worldwide vitality business and its financiers to finish all fossil gas investments on Thursday at a high-level assembly in Davos with the pinnacle of the Worldwide Power Company. Throughout a roundtable dialogue with Fatih Birol on the sidelines of the World Financial Discussion board’s … Read more

Allies support Ukraine with more arms pledges; But there is no sign of an American and German tank agreement

German Leopard tanks are essentially the most appropriate for Ukraine All eyes will likely be on Germany when the protection chiefs meet on Friday Austin in Germany, to fulfill the brand new Minister of Protection Wagner’s Russian mercenaries declare to have captured a village Kyiv/BERLIN (Reuters) – Western allies pledged billions of {dollars} in new … Read more

EXCLUSIVE: Mexico’s Pemex destroyed $342 million worth of resources from two major fields

MEXICO CITY (January 18) (Reuters) – Mexico’s state oil firm Pemex illegally burned hydrocarbon sources value greater than $342 million within the three years to August 2022, inner paperwork launched by the nation’s oil regulator present, at two of its most essential fields. new. The three paperwork, launched by the regulator and dated August 2022, … Read more

Davos 2023: Global recession in 2023 seen as likely in World Economic Forum survey

DAVOS, Switzerland (Reuters) – Two-thirds of main private and non-private economists surveyed by the World Financial Discussion board anticipate a worldwide recession in 2023, the organizer of the Davos Discussion board mentioned on Monday, as enterprise and authorities leaders gathered. its annual assembly. About 18% thought-about a worldwide recession “extremely possible” — greater than double … Read more

A Ukrainian apartment building in Dnipro has been destroyed in a Russian missile attack

5 folks have been killed in a nine-storey constructing Kyiv officers At the least 27 injured as a part of a constructing decreased to rubble Russian missiles have once more hit power services throughout the nation Kyiv (Reuters) – Russia launched a serious missile assault on Ukraine on Saturday, destroying a nine-storey condominium constructing within … Read more

Analysis: Investors brace for US debt ceiling battle after House Speaker saga

NEW YORK (Reuters) – The turbulent begin to the brand new U.S. Congress has some traders apprehensive about what might be a drawn-out battle over elevating the U.S. debt ceiling later this 12 months. The US Treasury is anticipated to achieve the $31.4 trillion borrowing restrict in 2023, and Republicans see this as a chance … Read more