Overseas Headlines – January 17, 2022

January 17, 2022

United States:

Biden Faulted on Inflation by Majority in CBS Poll

“A majority of Americans fault President Joe Biden’s handling of inflation and the economy, according to a CBS News poll, which also found that people increasingly find government guidance on Covid-19 confusing.”

https://www.bloomberg.com/news/articles/2022-01-16/biden-s-job-on-inflation-found-lacking-by-majority-in-cbs-poll

Europe:

U.K. Property Asking Prices Increase at Quickest Pace Since 2016

“Asking prices for U.K. homes rose at the fastest annual rate in almost six years as the number of available properties dropped to a record low. Online property portal Rightmove Plc said the price that sellers sought in January was 7.6% higher than a year earlier at 341,019 pounds ($467,000), the strongest growth since May 2016. Compared with December, the average price rose 0.3%. ”

https://www.bloomberg.com/news/articles/2022-01-17/u-k-property-asking-prices-increase-at-quickest-pace-since-2016

Asia:

China Cuts Interest Rate as Growth Risks Worsen With Omicron

“China’s central bank cut its key interest rate for the first time in almost two years, bolstering an economy that’s losing momentum in the face of repeated virus outbreaks..”

https://www.bloomberg.com/news/articles/2022-01-17/china-s-economic-growth-slowed-prompting-interest-rate-cut

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