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.
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 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 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.
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.
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.