November 13, 2025
United States:
Record US Government Shutdown Ends as Trump Signs Spending Bill
President Donald Trump signed legislation to end the longest government shutdown in US history, marking the official conclusion to a 43-day impasse that halted food aid to millions of households, canceled thousands of flights and forced federal workers to go unpaid for more than a month.
Trump’s signature means the government can begin to resume normal operations, with federal workers expected back on the job starting Thursday.
Europe:
UK Economy Barely Grows in Quarter Before Reeves’ Budget
UK economic growth almost ground to a halt in the third quarter after September’s activity was hit by a cyberattack on Jaguar Land Rover and the fear of looming tax hikes in the Labour government’s upcoming budget.
Gross domestic product rose just 0.1% compared with 0.3% in the second quarter, the Office for National Statistics said Thursday.
Asia:
China Sees Worst Credit Growth in a Year as Demand Dries Up
China’s credit expansion was the weakest in more than a year last month, dragged down by slower government bond sales and sluggish borrowing demand across the economy.
Aggregate financing, a broad measure of credit, increased 815 billion yuan ($115 billion) in October, according to Bloomberg calculations based on data released by the People’s Bank of China on Thursday.
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