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Real-time News
The China Earthquake Networks Center officially reported that a magnitude 3.0 earthquake occurred at 21:54 on January 29 in Luntai County, Bayingolin Mongol Autonomous Prefecture, Xinjiang (41.40 degrees north latitude, 84.46 degrees east longitude), with a focal depth of 15 kilometers.January 29th - According to US financial media Semafor, US President Trump and Federal Reserve Chairman Powell, whom he has long wanted to replace, have reached a rare consensus on one thing: the US economy is doing better than Americans realize. Trump exclaimed on Wednesday, "I think nobody realizes it – the economy is booming." Hours later, Powell also told reporters, "The economy has once again surprised us with its strength." However, he also pointed out, "Consumer surveys look very negative, and then theres spending. The economy has been out of sync with consumption and spending for some time. People are still consuming, but theyre feeling the affordability. One of our jobs is price stability, and the best thing we can do for those who are feeling the pressure is to control inflation."January 29th - On the evening of the 29th local time, the Union Election Commission of Myanmar continued to release the list of elected members of parliament for the third phase of the general election. According to preliminary results, the Union Solidarity and Development Party (USDP), Myanmars largest political party, has won more than half of the seats in the House of Nationalities (Upper House) of the Union Parliament. As of now, the USDP has won more than half of the seats in both the House of Representatives (Lower House) and the House of Nationalities (Upper House) of the Union Parliament.U.S. Border Affairs Director Homan: Federal officials have abandoned targeted enforcement.January 29th - Driven by a rebound in imports and a decline in exports, the U.S. trade deficit widened sharply to $56.8 billion in November, far exceeding the median economist forecast of $44 billion and significantly higher than the previous month. The deficit in October had previously been the smallest since 2009. Data released by the U.S. Commerce Department on Thursday showed that the trade deficit in goods and services nearly doubled in November, reaching $56.8 billion. Imports rose 5%, mainly reflecting increased exports of pharmaceutical preparations and capital goods. The total value of all U.S. exports of goods and services fell 3.6% in November; these figures do not take inflation into account.
