Markets
China's growth slows to 28-year low as trade war weighs
Numbers released by the National Bureau of Statistics on Monday put the population at 1.395 billion in 2018, marking a growth rate of 3.81 percent over the previous year. The two officials would review the recent official level talks on a host of issues to work out an agreement to end the trade war. Retail sales data were 8.2 percent higher in December, a notch up from November's 8.1 percent g... [Full Article...]
46% of Canadians $200 or less away from financial insolvency
That has more than half (51 per cent) of those polled feeling concerned about their financial situation. WATCH BELOW: According to Statistics Canada, Canadians owe $1.78 in debt for every dollar of income. Ontario is at the national average - 46 per cent - and British Columbia is running at 41 per cent, which is up sharply from the previous survey. Thirty-one per cent say they don't make enoug... [Full Article...]
International Monetary Fund warns on eurozone slowdown
In a report published on Monday, the fund projected a 3.5 percent growth rate worldwide for 2019 and 3.6 percent growth for 2020. And rising trade tensions pose a major risk to the wider world economy. The rare bright spot was Japan, with the International Monetary Fund revising up its forecast by 0.2 percentage point to 1.1 percent this year due to an expected boost from the government's spendi... [Full Article...]
Lincoln Continental Coach Door Edition is sold out
While the news of a follow-up for the Continental 80 Anniversary Coach Door Edition will please those who didn't get the chance to grab one of the original 80 cars, the early adopters might have a problem knowing their cars won't be as exclusive as originally believed. [Full Article...]
Google hit with £44m GDPR fine over ads
The regulator said it judged that people were "not sufficiently informed" about how Google collected data to personalise advertising. Despite Google's changes, the CNIL said in a statement that "the infringements observed deprive the users of essential guarantees regarding processing operations that can reveal important parts of their private life since they are based on a huge amount of data,... [Full Article...]
Theresa May unwilling to give ground on Brexit plan
Mr Czaputowicz said that London and Dublin were "playing chicken" over the border and risked a "head-on collision" in which Ireland stood to "lose the most". Ms Cooper told BBC Radio 4's Today programme that she believed the Prime Minister was hoping Parliament would rule out no deal on her behalf. Prime Minister Theresa May returns to parliament on Monday to make a statement on how she will p... [Full Article...]
China Q4 GDP growth slows to 6.4 percent, as expected
Analysts had expected 6.6 percent. The 6.6 percent is above the official target of around 6.5 percent, according to the data by the NBS. Growth has been easing for years, but concern over the pace of the slowdown in China has risen in recent months as companies sound the alarm over the crucial market. [Full Article...]
Trump cancels delegation's trip to Davos due to shutdown
President Donald Trump recently announced he would not make the trip to the Davos conference due to the ongoing partial government shutdown . Shattering the 21-day record set in 1995, the ongoing partial government shutdown has become the longest closure in USA history as he continues to insist on funding for his border wall, a demand that Democrats have staunchly resisted. [Full Article...]