It's as expected.

"Germany sees its faltering economy expanding by just 0.2% this year," "Euro-area private-sector activity hit an eight-month high," "Britain delivered the biggest budget surplus on record in January," and "Economists again marked down their US recession forecasts." "The (US) economy is seen expanding at a 2.1% annualized rate this year - up from 1.5% expected last month." "Deep in the snowy northern island of Hokkaido, Japan is pouring billions of dollars into a long-shot to revive its chip making prowess and insulate its economy from growing US-China tensions." ET. In the US "The personal consumption expenditures (PCE) price index rose 0.3% last month, the Commerce Department's Bureau of Analysis said." "In the 12 months through January, PCE inflation rose 2.4%." "Core inflation increased 2.8% year-on-year in January, the smallest advance since January 2021, after rising 2.9% in December." "Consumer spending, which accounts for more than two-thirds of US economic activity, rose 0.2% after increasing 0.7% in December." ET. "Applications for unemployment benefits fell by 12,000 to 201,000 for the week ending Feb. 17." "The four-week average of claims, a less volatile measure, fell by 3,500 to 215,250, down from 218,750 the previous week." "In total, 1.86 million Americans were collecting jobless benefits." ET. "The Institute for Supply Management (ISM) said its manufacturing index stood at 47.8% last month, down from 49.1% a month earlier." Manufacturing contracted for 16 months in a row. Services grew for the 13th straight month by 53.4% in January. ET. "Global debt levels hit a new record high of $313 trillion in 2023, with developing economies scaling a fresh peak." "The global debt-to-GDP ratio declined by around 2 percentage points to nearly 330% in 2023." "India, Argentina, China, Russia, Malaysia and South Africa registered the largest increases, signalling potential growing challenges in debt repayments." Reuters. Meanwhile, China continues its malevolent activities. "A trove of leaked documents from the Chinese state-linked hacking group has exposed extensive cyber intrusions conducted by Beijing's intelligence and military entities against foreign governments." "The leaked spreadsheet indicates breaches of 80 overseas targets, including 95.2 gigabytes of immigration data from India." ET. Following the anniversary of the Pulwama attack by a suicide car bomb killing 40 soldiers of the Central Reserve Police Force on 14 February (wikipedia), the Dawn wrote a timeline of events. On 26 February, "Indian aircraft intruded from Muzafarabad sector. Facing timely and effective response from Pakistan Air Force, released payload in haste while escaping which fell near Balakot. No casualties or damage." In response, "PAF shot down two Indian aircraft inside Pakistani airspace." On 1 March, Pakistan handed over Wing Commander Abhinandan Varthaman who had been shot down in Pakistani territory. BBC. No Pakistani pilot was captured by India. The US is defying pessimists. China is being nasty. Pakistan is gloating. All in character.