China’s Economy Grew Last Year, but Strains Lurk Behind the Numbers
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China’s Economy Grew Last Year, but Strains Lurk Behind the Numbers

Gross domestic product expanded 5.2 percent, as China worked to export more to make up for weak demand, high debt and a steep property contraction at home.
U.S. and Europe Eye Russian Assets to Aid Ukraine as Funding Dries Up
Posted inBanking and Financial Institutions Credit and Debt Defense and Military Forces Embargoes and Sanctions International Relations Politics and Government Russian Invasion of Ukraine (2022) United States International Relations US Dollar (Currency)

U.S. and Europe Eye Russian Assets to Aid Ukraine as Funding Dries Up

Despite legal reservations, policymakers are weighing the consequences of using $300 billion in Russian assets to help Kyiv’s war effort.
Americans May Be Taking on Too Much Pay Later ‘Phantom Debt’
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Americans May Be Taking on Too Much Pay Later ‘Phantom Debt’

Buying mattresses, clothes and other goods on installment plans has propped up spending, but economists worry that such loans could put some people at risk.