Joining me now is satyam panday, Chief Us and Canada Economist at S P global ratings. Satyam, what are the key elements here that youre looking at that mean theres going to be a drag on growth . We are mostly focused on the consumer sector, we are mostly focused on the consumersector, like we are mostly focused on the consumer sector, like you mentioned in your opening statement. We are starting to see some Consumer Caution creep up, see some Consumer Caution creep up, especially given how the Labour Market has moderated, we have also seen the real Income Growth so often, and that means most likely moving forward, the same type of growth coming from Consumer Spending iS Probably going to be softer, and if you think about the Consumer Spending, you have to look at the taxes being collected state and local site, so the Upside Surprise we have seen from the state and local Government Spending is also going to be softened moving forward. Put it all together, it is the consumers that are go
And would rather not be playing them but knows the competition offers a path to Champions League if they win it. It is an opportunity, and more roads to achieve the target you want and this is also a road. It is the most difficult probably because in the tournament of 32, you have to beat the best. But it is a target and it is a road we want to go. Manchester city has confirmed today that their Midfielder Rodri has suffered Ligament Damage in his right knee. The spaniard had to come off in the 21st minute of their draw with arsenal on sunday. He has been seeing a specialist in barcelona and the club say that he will continue to be assessed to ascertain the full extent of the injury and expected prognosis. The recovery time from an Acl Tear is usually a minimum of nine months which would rule him out for the rest of the season. More injury news, Kylian Mbappe could be out for a number of weeks after picking up a Thigh Problem in real madrids win over alaves on tuesday. He scored for the
As fears of war between Hezbollah And Israel grow. Hezbollah launches a ballistic missile towards Tel Aviv Israel says its the first time the group has targeted the city. President zelensky in his address to the Un General Assembly says russia is Planning Attacks on ukraine nuclear plants. Recently i received yet another alarming report from our intelligence. Now putin does seem to be Planning Attacks on our nuclear power plants and their infrastructure. Polling stations have closed in Indian Administered Kashmir in the first elections to take place there in more than ten years. Now with all the latest sport, heres olly. Some significant Injury News for two of the biggest clubs in europe, Manchester City have confirmed that their Midfielder Rodri has suffered Ligament Damage in his right knee. The spaniard had to come off in the 21st minute of their draw with arsenal on sunday. He has been seeing a specialist in barcelona and the club say that he will continue to be assessed to ascerta
Football. Well start with football, and one of the games Greats Rafael Varane has announced his retirement at the age of 31. The french World Cup Winner injured his knee last month on his debut for newly promoted como in serie a, and its forced him call time on his career. He won the Fa Cup with Manchester United last season, but the defender will be most closely associated with Real Madrid before that, a 10 year spell the Spanish Giants that saw him win 18 trophies including three La Liga titles and four Champions Leagues. He was capped 93 times for his country, winning the World Cup in 2018 Manchester United start their Europa League Campaign later. They face dutch Side Fc Twente at old trafford. Its the club where the united manager erik ten hag made his name as a player and then cut his teeth as a coach under Steve Mclaren at the time. Ten hag says he still has a soft spot for his former side and would rather not be playing them but knows the competition offers a path to the Champi