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Spending binge fears ease as borrowing hits the brakes

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Brexit uncertainty and extreme weather cause year of highs and lows for economy The year started with a snow-hit first quarter. Spending binge fears ease as borrowing hits the brakes: The splurge in consumer borrowing showed signs of moderating in December as Britons went only 1 billion further into the red on credit cards, personal loans and overdrafts.

The US economy hits the brakes in fourth quarter.. A spending binge by US consumers on the back of a red-hot property market has done much to elevate GDP growth in recent years. But housing has shown signs of slowing, triggering fears that consumers could rein in spending.. The Red Queen Race.

Stop the borrowing binge. Current Level of Deficit Borrowing is Unprecedented. California’s recent borrowing to cover budget deficits is unprecedented. Over the last three fiscal years, the State accumulated $25.5 billion in debt to close ongoing budget gaps, as shown in Figure A-1 below.

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Before the financial crisis hit Europe full force in late 2008, Eastern Europeans went on a spending binge financed with loans denominated in euros, Swiss francs and even Japanese yen. The big advantage of foreign currency loans is that they are often much cheaper than domestic currency loans, which reflect the higher inflation and official.

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They expect protectionist policies on trade, which show no signs of abating, to tap the brakes. to ease the pain of its campaign to reduced risk in the financial system for smaller companies and.

China has hit the brakes on subway projects in at least three cities, where the PPP model is widely used, and Beijing is asking others to slow their plans, local governments and media have.

I am reading a text of The Times and it is written "borrowing binge". I think it refers to the financial crisis but I would like the correct translation in french. The complete sentence is: "A t the last minute Gordon Brown clearly decided to keep secret his plan to hit everyone with an extra tax rise to pay for his borrowing binge."

Spending binge fears ease as borrowing hits the brakes: The splurge in consumer borrowing showed signs of moderating in December as Britons went only 1 billion further into the red on credit cards, personal loans and overdrafts.