Morning Major Event: February 13 -Prediction -February 13, February 13, 2025
The UK economy increased 0.1% in the fourth quarter. This exceeded the prediction of a 0.1% decrease. In the third quarter, growth was zero. British banks have lowered their basic rates to 4.5%, with weak growth and lower inflation. Inflation is expected to increase to 3.7% by the end of 2025, but in 2027, it is expected to return to a 2% target. In 2023, GDP growth predictions were lowered to 0.75%.
In January, the US budget deficit increased $ 116.4 billion, while in December, it increased $ 86.732 billion. Analysts expect $ 88.1 billion to increase. In the first third of the fiscal year, the deficit amounted to $ 84 billion due to the increase in medical, social security, payment for veterans and interest on national debt.
After a conversation with Putin, Trump suggested the possibility of meeting between the leaders of the two countries. He pointed out that a personal meeting with the Russian president could occur in a distant future. » But the exact date has not yet been decided. Trump also said Ukraine didn’t think it was appropriate to join NATO.
OPEC has adjusted the prediction of non -OPEC+ oil production for 54.28 million to 521 million barrels in 2025 to 52 million barrels a day. In 2024, the output reached 53.2 million, and in 2026, it is expected to increase to 5,21 million. Forecasts of global demand have been maintained. In 2025, it will reach 155 million barrels per day compared to 177.5 million in 2024, and in 2026, it will increase to 166.3 million.
Trump allowed US businessmen to bribe foreign officials. He signed a law that temporarily suspended the law on the fight against overseas corruption, which has been implemented for almost 50 years. The Ministry of Justice was ordered to review the law -related cases and prepare a new instruction within 180 days. This decision is explained by the desire to strengthen the position of US companies and increase competitiveness in the global market.
