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The German economic system doubtless stagnated in the fourth quarter, the statistics office mentioned on Thursday, suggesting that Europe’s largest economy up to now has managed to get relatively well through the second wave of the COVID-19 pandemic. China imported 9.91 million tonnes of meat in 2020, customs data showed on Thursday, because the world’s greatest shopper of meat stocked up on proteins after a further plunge in its pork output. Russia’s state statistics service will broaden the basket of products and companies it uses to calculate inflation to mirror shifts in shopping for patterns through the coronavirus pandemic, it mentioned on Thursday. Intraday Data offered by FACTSET and subject to phrases of use.

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Economy

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  • Facebook has seen an increase in signals indicating potential future acts of violence associated with efforts to contest the results of the U.S. presidential election for the reason that Capitol siege final week, a company spokeswoman advised Reuters.
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Real-time final sale information for U.S. inventory quotes mirror trades reported through Nasdaq only. Intraday data delayed at least quarter-hour or per exchange requirements. Facebook has seen an increase in alerts indicating potential future acts of violence associated with efforts to contest the result of the U.S. presidential election because the Capitol siege final week, an organization spokeswoman told Reuters. Forecaster of the Month Aneta Markowska of Jefferies says the Federal Reserve could signal a policy shift sooner than investors currently anticipate. Get breaking news notifications by way of e-mail. Straight from the newsroom to your inbox.

Chinese exports grew more than expected in December, customs knowledge showed on Thursday, as coronavirus disruptions around the world fuelled demand for Chinese items at the same time as a stronger yuan made exports dearer for abroad buyers. China’s soybean imports jumped 13% to an annual document in 2020, customs data confirmed on Thursday, after crushers ramped up purchases amid improved margins and wholesome demand from the nation’s rapidly recovering pig sector. The German financial system shrank by a smaller-than-expected 5.zero% in 2020 as a robust state response helped to restrict the havoc attributable to the COVID-19 pandemic, preliminary data from the statistics office showed on Thursday.

By Smiley