Spanish Growth Slows as Tourism Can’t Offset Investment Fall

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(Bloomberg) -- Spain’s economy slowed slightly in the third quarter, as a drop in investment offset a boom in tourism.Most Read from BloombergChina’s Ex...

-- Spain’s economy slowed slightly in the third quarter, as a drop in investment offset a boom in tourism.Controversial Chip in Huawei Phone Produced on ASML Machine

The country has also seen the inflation spike that followed Russia’s invasion of Ukraine recede more quickly than elsewhere — at one point dipping below the European Central Bank’s 2% goal. But tighter monetary policy is threatening to hurt households with floating-rate mortgages, and unfavorable base effects are stoking prices again.“While household spending seems to be holding up well in the face of higher rates, the external sector was weak enough to slow growth a little.

MPs overwhelmingly voted to kill a bill Wednesday pushed by Conservative Leader Pierre Poilievre that would have banned Ottawa from again imposing COVID-19 vaccine mandates on federal workers and the travelling public.By a vote of 114-205, MPs agreed to drop the private member's bill, C-278, that Poilievre first introduced last year when he was running for the party's leadership.

A Ukrainian soldier went to Washington to explain the war. He says American politicians don't realize much of the funding actually stays in the US.

 

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Spanish Growth Slows as Tourism Can’t Offset Fall in Investment(Bloomberg) -- Spain’s economy slowed slightly in the third quarter, as a drop in investment offset a boom in tourism.
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