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Japan urges G20 members with fiscal scope to boost spending
Japan called on G20 countries with fiscal space to ramp up spending to help the global economy weather risks, including the fallout from the coronavirus outbreak, Finance Minister Taro Aso said.
World defense spending spikes as rivalries heat up
Global defense spending saw its biggest jump in a decade in 2019, driven by the US and China, a study said Friday, as rivalries and conflicts stoke military investment.
UK consumers cut back on spending again, adding to economic gloom
British consumers failed to increase their spending for a record fifth month in a row in December, adding to signs of economic weakening that might prompt the Bank of England to cut interest rates this month.
UK online Christmas Day spending expected to exceed £1b
Shoppers are forecast to spend more than £1billion online on Christmas Day after retailers lowered prices on Christmas Eve and the last-minute dash to the high street failed to materialize.
Spending on trees in UK falls despite pledges to plant more
Spending on trees and forestry fell by nearly £20 million a year between 2015 and 2018, when a purely Conservative government had taken over from the coalition, despite pledges to plant more trees.
Wealthy people spending less — are they seeing signs of a recession?
Do the ultra-wealthy know something we don’t? US consumers in general are still spending, but the one percent? Not so much.
Japan's military seek eighth straight annual hike in defense spending
Japan’s military has asked for an eighth straight annual increase in defense spending to help pay for US-made interceptor missiles, stealth fighters, and other equipment it wants to counter threats from its neighbors.
Britain to spend an extra $2.6 billion on no-deal Brexit planning
Britain said it is ramping up preparations for a no-deal Brexit by spending an extra 2.1 billion pounds ($2.6 billion) to stockpile medicines, hire more border officials and fund one of the biggest peacetime advertising campaigns.
Turkey eases payment installment rules to spur domestic spending
Turkey eased rules on payment installments for various goods, the state-run Anadolu Agency reported, citing regulation published by the official gazette, which may spur domestic spending to support the economy.
Bank of Italy warns coalition government against higher spending
The Bank of Italy has cautioned the anti-establishment government in Rome against widening the country’s deficit.
Norway spending to rise, making higher rates more likely
Norway will spend more than originally planned from its sovereign wealth fund in 2019, the government said in a revised fiscal budget on Tuesday, raising the likelihood the central bank will raise interest rates faster.
Global malaria spending $2 billion short of WHO target
A first-of-its-kind study reveals malaria spending in 2016 totaled $4.3 billion globally, far short of the annual funding target of $6.6 billion set by the World Health Organization.
Survey: UK marketing spending rises despite Brexit, uncertainty clouds forecast
British companies spent more on marketing in the opening quarter of 2019 despite uncertainty around Brexit, but their budgets for the rest of the year could be the most subdued since after the financial crisis, a survey showed.
Malaysia's fourth-quarter GDP growth seen picking up on spending, exports
Malaysia’s economy probably grew faster in the fourth quarter with exports and private consumption helping to snap four quarters of slowing growth
Reuters poll: Japan's economy set to rebound on capex, consumer spending in Q4
Japan’s economy likely rebounded in the fourth quarter led by capital expenditure and consumer spending but weak exports could dampen the momentum, a Reuters poll showed on Friday.

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