Overseas Headlines – January 22, 2026

January 22, 2026

United States:  

US Economy Expanded at Revised 4.4% Pace in Third Quarter

 

The US economy expanded in the third quarter by slightly more than initially reported, supported by stronger exports.

 

Inflation-adjusted gross domestic product, which measures the value of goods and services produced in the US, increased at a revised 4.4% annualized rate, the fastest in two years, according to Bureau of Economic Analysis data out Thursday.

 

https://www.bloomberg.com/news/articles/2026-01-22/us-economy-expanded-at-revised-4-4-pace-in-third-quarter?srnd=phx-latinamerica

 

Europe:

Europe’s Ban on Fuel From Russian Oil Has Some Traders on Edge

 

The European Union’s ban on the import of fuels made from Russian crude has put some traders on edge as the bloc’s curbs enter into force — a reminder of the potential for blowback from regulations that are designed to hurt Moscow.

 

The European Union confirmed last summer that companies would be banned from importing fuel made from Russian oil, a measure that entered into force on Wednesday.

 

https://www.bloomberg.com/news/articles/2026-01-22/europe-s-ban-on-fuel-from-russian-oil-has-some-traders-on-edge

 

 

Asia:

Takaichi’s Extra Spending Knocks Japan Off Budget Surplus Track

 

Less than a month after Japanese Prime Minister Sanae Takaichi said the nation was set to achieve its first primary balance surplus in 28 years, the latest official estimates indicate that her recent stimulus package has knocked the government off track.

 

The primary balance, which excludes the servicing costs of public debt, is projected to show a deficit of around ¥0.8 trillion ($5.1 billion), or -0.1% of gross domestic product in the year starting in April, according to the Cabinet Office’s latest mid-to-long term outlook report on Thursday.

 

https://www.bloomberg.com/news/articles/2026-01-22/takaichi-s-extra-spending-knocks-japan-off-budget-surplus-track?srnd=phx-fixed-income

 

 

 

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