News about finance, currency, securities 4

 China has just completed 60% of its commitment to buy US goods The US government and businesses are frustrated that China has not bought enough goods under the trade agreement under former President Donald Trump. Bloomberg analyzed new data released on February 8 by the US Department of Commerce, showing that China only bought 62.9% of goods out of the $ 200 billion in goods and services that it pledged to buy more from the US until now. the end of 2021, according to the trade agreement signed in early 2020. Energy is the sector most lacking, with only a third committed. Meanwhile, achieving the highest completion rate is for agricultural products, with 83%. Manufactured goods - the field that China is committed to having the largest increase in has only now reached nearly 65% ​​of the target. Chinese Vice President Liu He and former US President Donald Trump in the signing ceremony in 2020. Photo: Reuters Chinese Vice President Liu He and former US President Donald Trump in the s...

 U.S. household debt grows at the fastest rate in 15 years Americans massively borrowed to take advantage of low interest rates before the expectation that the Fed would raise interest rates in 2022. A year of massively buying cars and houses has made Americans carry a significant amount of debt. Figures from the New York Fed show that the country's household debt increased by $1 trillion last year. This is the largest annual increase since 2007. Americans have borrowed heavily to take advantage of low interest rates ahead of expectations that the Fed will raise interest rates in 2022. In the fourth quarter alone, household debt increased by $333 billion to $15.580 billion, the largest quarterly increase since 2007. Of which, mortgage debt and auto loans contributed. great. "The total balance of new home and auto mortgage loans will increase sharply in 2021, matching the strength of home and auto prices," said Wilbert Van Der Klaauw, senior vice president of the New York ...

 From pizza delivery man to millionaire Alomari took 7 years, built 4 businesses to reach a fortune of millions of dollars after financial distress and near bankruptcy. One day in January 2012, Ahmed Alomari (Michigan, USA) drove under the snow to complete the last 3 pizza deliveries, ending a 15-hour shift. Suddenly, his wife - Nancy - called to say that the house had run out of oil, so the heater was not working. Their debit card was used for an overdraft and the oil company refused to provide the service without paying the bill. "What are we going to do tonight?" Nancy asked. She was pregnant with her first child at the time. "I just received $2 for my last order and made $80 today," Ahmed replied. That cold night in 2012 was a moment Ahmed would never forget. It was in the moment of stalemate that he thought he had to get rid of the "I'm the victim" mentality. You cannot become rich by making excuses and perpetuating bad habits. His point is "...