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US consumer confidence dips in November: survey

| By AFP |

US consumers were gloomier about the state of the American economy in November, likely due to a rise in gas prices and as recession risks loom, according to a survey released Tuesday.

The closely-watched consumer confidence index dipped to 100.2 in November, down two points from the month before, in a second straight month of decline, said think tank The Conference Board.

“Consumers’ expectations regarding the short-term outlook remained gloomy,” said Lynn Franco, senior director of economic indicators at The Conference Board.

The drop in consumer confidence this month, in line with analyst expectations, was “most likely prompted by the recent rise in gas prices,” she said. 

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Data on consumers’ short-term outlook suggests the likelihood of a recession remains elevated as well.

“Inflation expectations increased to their highest level since July, with both gas and food prices as the main culprits,” Franco said.

Consumer inflation in the United States has been hovering at the highest level in decades, prompting the Federal Reserve to take aggressive steps to raise interest rates and cool the economy.

The central bank walks a tightrope trying to bring down surging costs while avoiding tipping the world’s biggest economy into a downturn.

For now, consumer intentions to buy homes, automobiles and big-ticket appliances have moderated.

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“The combination of inflation and interest rate hikes will continue to pose challenges to confidence and economic growth into early 2023,” Franco said.

But with inflation showing signs of easing and central bankers noting it would take time for policy effects to be realized, a growing number of voices including Fed officials have advocated for smaller steps in the coming months.

The consumer sentiment reading “remains depressed compared to pre-pandemic” levels, said economist Rubeela Farooqi of High Frequency Economics.

Overall, measures of sentiment “are sending a negative signal about household spending,” even if consumption continues to support growth for now, she added.

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International

Wildfires Burn Nearly 7,800 Hectares in France as Extreme Heat Fuels Fire Risk

Wildfires have burned approximately 7,800 hectares across France during the first eight days of July, already surpassing the more than 4,400 hectares destroyed throughout the entire month of July 2025, according to data from the European Forest Fire Information System (EFFIS) analyzed by AFP.

Authorities have maintained the highest wildfire alert across much of southern France as soaring temperatures and strengthening winds continue to increase the risk of new outbreaks.

Early-season fires in the departments of Pyrénées-Orientales, Drôme, and Hérault have prompted the deployment of significant firefighting personnel and equipment from across the country as emergency services work to contain the blazes.

Officials continue to monitor weather conditions closely, warning that persistent heat and strong winds could further complicate firefighting efforts in the coming days.

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International

USAR El Salvador Helps Rescue Dogs Trapped for 12 Days Beneath Earthquake Rubble

Stories of survival continue to emerge from Venezuela following the powerful 7.5- and 7.2-magnitude earthquakes that struck the country on June 24. In recent days, social media has highlighted the rescue of several dogs that survived for nearly two weeks beneath collapsed buildings.

One of the rescues involved Milo, a small-breed dog that was spotted trapped under the rubble of a collapsed building. The operation was carried out jointly by members of USAR El Salvador, Topos Azteca, and Topos Azteca Nayarit, who safely brought the animal to the surface after 12 days.

Another dog, Draco, a black-and-tan Chihuahua, was rescued from the rubble of an apartment building in La Guaira. Relatives searching for missing pets were guided by the dog’s faint barking. After being rescued, Draco received first aid and hydration from a veterinary team before being transferred to a specialized clinic for further medical treatment.

Meanwhile, the Armed Force of El Salvador announced that another rescued dog, Fénix, has begun a new chapter in El Salvador. According to the institution, the mixed-breed dog was rescued by its Humanitarian Rescue Unit (UHR) and has since been adopted by the team.

The Armed Force said Fénix will be trained as a search-and-rescue dog and is expected to join the UHR in future emergency response missions, becoming part of the unit dedicated to saving lives.

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International

UN Appeals for $296 Million in Emergency Aid Following Venezuela Earthquakes

Tom Fletcher, the United Nations Under-Secretary-General for Humanitarian Affairs and Emergency Relief Coordinator, is currently in Venezuela, where he has been meeting with government officials to assess the country’s humanitarian response following the recent earthquakes.

During a virtual meeting on Wednesday with ministers organized by the United Nations Office for the Coordination of Humanitarian Affairs, Fletcher issued an urgent appeal for $296 million to fund emergency relief operations.

“We have a clear plan. We need $296 million to address the socioeconomic needs of 1.3 million people over the next six months. It is a time-bound plan,” Fletcher said. He also acknowledged the support already received, adding, “Donors are stepping up, and I pay tribute to them and thank them.”

The emergency appeal comes in addition to the $632 million humanitarian response plan launched earlier this year for Venezuela, where nearly eight million people were already in need of humanitarian assistance before the earthquakes.

According to UN officials, that plan had secured only $115 million in funding before the twin earthquakes struck. Following a new wave of international contributions, the total funding has now reached $300 million.

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