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    US Q1 growth rose, but less than forecast

    euronews (in English)

    by euronews (in English)

    Economic growth in the United States picked up in the first three months of this year - but not as much as had been forecast.

    That has increased worries that the already weakening US economy could struggle to cope with deep government spending cuts and higher taxes.

    GDP expanded by 2.5 percent from the same period a year earlier. Economists had predicted three percent.