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US economy contracts in first quarter, GDP fell at 1.6% | World Business Watch | English News

WION by WION
July 11, 2022
in Business
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US economy contracts in first quarter, GDP fell at 1.6% | World Business Watch | English News
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The U.S. economy contracted in the first quarter amid a record trade deficit. Gross domestic product (GDP) fell at a 1.6% annualised rate last quarter.

#US #Economy #WorldBusinessWatch

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Do Most business make enough to live off of?

Tags: breaking newsBusinessbusiness and financial newsbusiness and financial news todaybusiness newsbusiness news todaybusiness news usa todaycontractscovid economyeconomic growtheconomyeconomy newseconomy shrinkingEnglishfellforex news todayGDPgdp contractsgdp contracts by 23.9%global financial crisisglobal financial newslatest news todayNewsnews todayquarterstock market news todaytrade deficitu.s. economy shrinks in q1USUS economyus economy 2022us economy contractsus economy contracts in q1us economy graphus economy newsus economy shrankus economy sizeusa economyWatchWorldworld business watchworld news
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News of the day |  June 30 – Morning

News of the day | June 30 - Morning

Comments 32

  1. Abhijeet Kundu says:
    3 years ago

    China's economy right now is 19.91 trillion whilst India is 3.5 trillion

    Last year they were at 17.4 whilst we were 3.25.

    In a span of one year they grew 2.51 trillion whilst we only grew 250 billion.

    They are growing 10x more than us.

    Source: IMF – World Economic Outlook Database, April 2022

  2. Abhijeet Kundu says:
    3 years ago

    China right now has the most companies in the global fortune 500 companies list with 135 . India only have 7.

    Most of their companies are in the top 50 whilst our only 7 companies are nearly down the 450 – 500 mark.

    We keep boasting about our unicorns startups, but they have 6 times more unicorns than us. It's so sad. Why can't we win for once?

  3. Abhijeet Kundu says:
    3 years ago

    In terms of Technology advancement, India is nowhere near China. That is something we can all agree on.

    China is the only country (Yes, the only country) to own and operate their own space station. The international space station (ISS) is a combined group project consist of 7 space agencies by 14 different countries. We Indians are not even anywhere close to having a draft of the first core module for a space station. Actually, we don't even have the spacecraft with enough payload thrust and capability to bring a space station module into space.

    China has a mega constellation of navigational satellites that can make out anywhere in the world by the inch pin point precision. Our Navic satellite only covers our country and a few small neighboring country. Beyond that, we can't see.

    They have astronauts (taikonauts) in space and have the capability to bring them to space and bring them back to earth safetly. We are nowhere near that.

    Their rovers are roaming all over Mars and the Moon, whilst our moon lander Vikram crashed and we can't Iand on Mars. We only have a 1.5kg camera orbiting mars.

    China are able to bring back samples and rocks from the moon. We can't even get onto the moon.

    Last year alone they sent 56 rockets to space whilst we launch only 2. The whole of Europe launched 6.

    They invented 5G networks and we are leasing 4G services. I can go on and on, but you get the point.

    Source: 2021 in spaceflight

  4. Augustus McRae says:
    3 years ago

    It's not surprising considering the ineptitude of US Leadership these days. Without strong and competent leadership in the whitehouse, not only USA fails, but the whole world goes to shit as well.

  5. Alia Indian loves Wang Yi says:
    3 years ago

    No one will take lndia seriously if our economy is only in the singles digit. To be a superpower, we need at least double digits economy. Our single digit economy isn't even in the high end aswell, it's in the low low end. We will never be able to achieve double digits. 😭

  6. whitegirlasianpenis. com says:
    3 years ago

    As Australia faces skills shortages across the health and aged care sectors, information obtained from the Department of Health shows that a program set up by the former health minister Greg Hunt in October last year that promised to bring in an extra 2,000 health practitioners over six months was discontinued after just two months.

  7. Deekshant Belwal says:
    3 years ago

    It seems Chinese trolls have changed their name to abhijeet kundu…report his comments as spam

  8. India Exposed says:
    3 years ago

    that accent…😂

  9. Wild Dog says:
    3 years ago

    I wonder why

  10. Lord Putin says:
    3 years ago

    Oh boys this chanel have so many bot account. Same like t series subscribers

  11. Eric Firmansyah says:
    3 years ago

    US please help Ukraine, send your tax money to Ukraine

  12. JAY PANDYA says:
    3 years ago

    And they want to sanction Russia. 🤣🤣🤣

  13. Карина Творцова says:
    3 years ago

    Soros:
    "We need Ukraine AS A TORPEDO IN THE WAR WITH RUSSIA. The fate of the citizens of this country does not concern us at all."

  14. Jack McDonald says:
    3 years ago

    <I'm new to trading. How can I make more profitable investment in crypto without incurring much losses?

  15. P says:
    3 years ago

    *Holy Bible says to Humans:- Today we appear and tomorrow we disappear, our life is like shadow on Earth.
    Holy Bible Explicitly says to Humans:- The time is fulfilled and the kingdom of God is at hand, please repent from all your sins before Lord Jesus Christ, thou shalt be saved and thy family members from eternal Hell to eternal Heaven Amen.🙏🙏🙏
    Please please please repent from all your secret sins before Lord Jesus Christ immediately without wasting your time to go to Kingdom of Heaven and live a very very Happily with God Almighty.🙏🙏

  16. namur 1990 says:
    3 years ago

    Sanctions against Russia backfired.

  17. sebok imre says:
    3 years ago

    China need get rid of dollar and only sell yuan. Let se america without money what gonna do

  18. Mental Doctor who treats Abduls says:
    3 years ago

    Jef Chen started crying with his other screen name.

  19. Laxmii says:
    3 years ago

    $oros:
    "We need Ukraine AS A TORPEDO IN THE WAR WITH RUSSIA. The fate of the citizens of this country does not concern us at all."

  20. Cherubim Cherubim says:
    3 years ago

    Usa is lucky just to have a recession, situation is much worse. Usa tariffs n sanctions itself into a depressions. Lol

  21. Rahul Naina says:
    3 years ago

    lets go Brandon

  22. Catherine Joy Villena says:
    3 years ago

    No problem with that. Just keep printing😁😁😁😁

  23. kirti shah says:
    3 years ago

    US.ko koi chinta nahi he,
    We must see our economy and income of our people

  24. Isaac Dwamena says:
    3 years ago

    @kojo id

  25. Vishavdeep Singh says:
    3 years ago

    Not surprising. This is what we can expect till Biden keeps sending money to his illegitimate lunatic son in Ukraine

  26. Shadow Knight Gladstay says:
    3 years ago

    Waiting to see if we are living in a recession.

  27. Kamal Raj says:
    3 years ago

    Nice video

  28. J2B aka ChampionBwoy🏆 says:
    3 years ago

    BidenBwoy messed up the World Economy ‼️

    Trump 🏆 returns in 2024
    # wekanmekit ‼️

    BlessUp India 🇮🇳 and Wion StaySafe 🦅🏆😎

  29. Samatha B says:
    3 years ago

    One day WION might do a story about issues in Russia. Though the increased funding from Russia to WION seems to have made that unlikely.
    WION please report for India, not your Russian backers (at least provide Russian subtitles).

  30. MD Zahid Khan says:
    3 years ago

    magazine video

  31. Jonathan Torres 🕎✝️ says:
    3 years ago

    As He sat on the Mount of Olives, the disciples came to Him privately, saying, “Tell us, when will these things be, and what will be the sign of Your coming and of the end of the age?” Jesus answered them, “Take heed that no one deceives you. For many will come in My name, saying, ‘I am the Christ,’ and will deceive many. You will hear of wars and rumors of wars. See that you are not troubled. For all these things must happen, but the end is not yet. For nation will rise against nation, and kingdom against kingdom. There will be famines, epidemics, and earthquakes in various places. All these are the beginning of sorrows. Then they will hand you over to be persecuted and will kill you. And you will be hated by all nations for My name’s sake. Then many will fall away, and betray one another, and hate one another. And many false prophets will rise and will deceive many. Because iniquity will abound, the love of many will grow cold. But he who endures to the end shall be saved. And this gospel of the kingdom will be preached throughout the world as a testimony to all nations, and then the end will come.” Matthew 24:3‭-14 MEV
    (OBS: In the age of technology, the good news of the kingdom can reach the whole world.)

    There will be signs in the sun and the moon and the stars; and on the earth distress of nations, with perplexity, the sea and the waves roaring; men fainting from fear and expectation of what is coming on the inhabited earth. For the powers of heaven will be shaken. Luke 21:25-26 MEV

    (OBS: In the age of technology, men know what is happening on the inhabited earth, no longer are they limited by local information.)

    Immediately after the tribulation of those days, the sun will be darkened, the moon will not give its light; the stars will fall from heaven, and the powers of the heavens will be shaken. Then the sign of the Son of Man will appear in heaven, and then all the tribes of the earth will mourn, and they will see the Son of Man coming on the clouds of heaven with power and great glory. And He will send His angels with a great sound of a trumpet, and they shall gather His elect from the four winds, from one end of the heavens to the other. Matthew 24:29‭-31 MEV

    (OBS: This is the sixth seal of the book of Revelation, pay much attention here, because the signs of the sixth seal >match< the signs of Matthew 24:29-30, the sixth seal is when the rapture happens; before the great tribulation, before the seven trumpets.)

    When these things begin to happen, look up and lift up your heads, for your redemption is drawing near. Luke 21:28 MEV

    Because you have kept My word of patience, I also will keep you from the hour of temptation which shall come upon the entire world, to test those who dwell on the earth. Revelation 3:10 MEV

    (OBS: Rapture before the time of temptation, which will be the government of the antichrist during the great tribulation.)

    For the Lord Himself will descend from heaven with a shout, with the voice of the archangel, and with the trumpet call of God. And the dead in Christ will rise first. 1 Thessalonians 4:16 MEV

    (OBS: Rapture when the trumpet is sounded by God, just as Matthew 24:31 says. It is not the seventh trumpet, which is sounded by angel.)

    For as in the days before the flood, they were eating and drinking, marrying and giving in marriage, until the day Noah entered the ark, and did not know until the flood came and took them all away, so will be the coming of the Son of Man. Matthew 24:38‭-‬39 MEV

    (OBS: People will not be eating and drinking and marrying during the great tribulation, therefore, rapture will happen before the great tribulation, when people are still distracted.)

    When they say, “Peace and safety!” then sudden destruction will come upon them as labor upon a woman with child, and they shall not escape. 1 Thessalonians 5:3 MEV

    (OBS: Sudden destruction near the rapture.)

    For the mystery of lawlessness is already working. Only He who is now restraining him will do so until He is taken out of the way. Then the lawless one will be revealed, whom the Lord will consume with the breath of His mouth, and destroy with the brightness of His presence, 2 Thessalonians 2:7 MEV

    (OBS: Who is restraining the antichrist from revealing himself? Who is stopping the antichrist from rising? The adopted sons of God; the Holy Spirit in them, to be precise! When the elect are raptured, the antichrist will be free to take over. Rapture will trigger the great tribulation and the government of the antichrist.)

    Two will be in the field; one will be taken, and the other left. Two women will be grinding at the mill; one will be taken, and the other left. Matthew 24:40‭-41 MEV

    (OBS: Rapture.)

    Know this first, that there shall come scoffers in the last days who walk after their own lusts, and say, “Where is the promise of His coming? For since the fathers fell asleep, all things have continued as they were since the beginning of the creation.” 2 Peter 3:3‭-4 MEV

    (OBS: Apostasy of the last days, when more and more men are denying God and going after their own sinful desires.)

    But the day of the Lord will come like a thief in the night, in which the heavens will pass away with a loud noise, and the elements will be destroyed with intense heat. The earth also and the works that are in it will be burned up. 2 Peter 3:10 MEV

    (OBS: The destructions that will happen near the rapture, just as the days of Sodom and Gomorrah; the righteous is rescued and the judgements are poured upon the wicked, and “like a thief in the night” means it will happen when you do not expect, “heavens will pass away” means the sky will vanish as a scroll that is being rolled up, which is mentioned in Revelation 6:14 and Isaiah 34:4.)

    In a moment, in the twinkling of an eye, at the last trumpet, for the trumpet will sound, the dead will be raised incorruptible, and we shall be changed. 1 Corinthians 15:52 MEV

    (OBS: People around the world have been hearing trumpets from the sky in different times, it has been happening for a few years. When the last trumpet sounds, the redeemed will be rescued and the great tribulation will begin. The last trumpet here is not the seventh trumpet; the seventh trumpet is sounded by angel and the rapture trumpet is sounded by God.)

    He causes all, both small and great, both rich and poor, both free and slave, to receive a mark on their right hand or on their forehead, so that no one may buy or sell, except he who has the mark or the name of the beast or the number of his name. Revelation 13:16‭-17 MEV

    (OBS: In the last days, no one will be able to buy or sell without a mark from the government/beast of the antichrist, which will take place during the great tribulation, which is at the door.)

    The fourth angel poured out his bowl on the sun, and power was given to him to scorch men with fire. Revelation 16:8 MEV
    ‘They shall neither hunger any more, nor shall they thirst any more; the sun shall not strike them,’ nor any scorching heat; Revelation 7:16 MEV
    (OBS: In the last days it will get hotter and hotter, but those who are redeemned and saved by the Lord will not suffer from this plague. The hot climate is an inevitable plague from God to judge the world, one of many, and it is not caused by mankind's pollution as satan wants everyone to believe.)

    And I will give power to my two witnesses, and they will prophesy for one thousand two hundred and sixty days, clothed in sackcloth. Revelation 11:3 MEV

    When they have finished their testimony, the beast that ascends from the bottomless pit will wage war against them and overcome them and kill them. Revelation 11:7 MEV

    Those from every people and tribe and tongue and nation will see their dead bodies for three and a half days, and will not allow their dead bodies to be put in graves. Revelation 11:9 MEV

    (OBS: People all over the world will be able to see, this could only happen in the age of technology.)

    But you, Daniel, shut up the words and seal the book until the time of the end. Many shall run to and fro, and knowledge shall increase. Daniel 12:4 MEV

    (OBS: In the last days, many people travel to many places and knowledge is increased.)

    For God so loved the world that He gave His only begotten Son, that whoever believes in Him should not perish, but have eternal life. John 3:16 MEV

    Behold the Lord of lords is coming soon, repent now of all your sins — depart from all sins — and abide in the only Savior and Lord Jesus the Christ (Yeshua the Messiah) with all your heart, for the kingdom of heaven is at hand.

  32. Aaliyah Isabella says:
    3 years ago

    Even with the fluctuation in the economy, I'm so excited I've been earning $45,000 from my $10,000 investment every 10days.

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