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China first-quarter fiscal spending quickens as Beijing seeks to spur growth
China’s fiscal spending rose 2.6 per cent in the first quarter from a year earlier, accelerating from a 1 per cent increase in 2025, the finance ministry said on Friday (Apr 24), as Beijing steps up support for economic growth amid rising global risks caused by the Middle East conflict. Fiscal expenditure in the January-March period totalled 7.47 trillion yuan (US$1.09 trillion), while fiscal revenue grew 2.4 per cent from a year earlier to 6.16 trillion yuan, the ministry said. First‑quarter fiscal spending accounted for 24.9 per cent of annual budgeted expenditure - the highest in recent years - a finance ... (full story)
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From media.rabobank.com|Apr 24, 2026We now expect the Bank of England MPC to vote to keep rates on hold at 3.75% at next week’s meeting. Money markets are pricing a small probability of a 25bp rate increase. At the ...
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From @realDonaldTrump|Apr 25, 2026|138 comments
I just cancelled the trip of my representatives going to Islamabad, Pakistan, to meet with the Iranians. Too much time wasted on traveling, too much work! Besides which, there is tremendous infighting and confusion within their “leadership.” Nobody knows who is in charge, including them. Also, we have all the cards, they have none! If they want to talk, all they have to do is call!!! President DONALD J. TRUMP
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