The Latest Breaking News from Economic Growth

Climate change can affect economic growth of a country, reveals study

The study found that economies are sensitive to persistent temperature shocks over at least a 10-year time frame and impacts economic growth in about 22 per cent of the countries analyzed. Read further on Dynamite News:

Dynamite News · Aug 11, 2022

Thai growth downgraded by Citibank

Citibank has downgraded its 2022 forecast for Thai economic growth to 3.5%, from 3.6%, with next year's GDP predicted to expand by 4.5%, a fall from 4.8%.

Bangkok Post · Aug 9, 2022

6 ways Canadians can prepare for the upcoming recession

Although it certainly feels like it, and many people believe it, we are not in a recession yet. While a recession is defined as two successive quarters of negative GDP growth, it is essentially a period where economic growth falls significantly and unemployment rates rise.

The Conversation · Aug 7, 2022

‘Liz Truss has the right plan that London businesses have been crying out for’

Liz Truss’s bold and ambitious economic plan is just the remedy that we need. She knows that we need to depart from the business-as-usual economic managerialism that has led to our sluggish economic growth.

Evening Standard · Aug 1, 2022

Saudi Arabia Posts Highest Economic Growth Since 2011

The Saudi General Authority for Statistics (GASTAT) revealed on Sunday that the Kingdom’s real gross domestic product (GDP) jumped by 11.8 % year-on-year (YoY) in the second quarter of 2022. The announcement countered International Monetary Fund projections that the economy will grow at 7.6% this year, the highest growth among…

Asharq Al-Awsat · Aug 1, 2022

CRC urges support for stimulus measures

The public and private sectors are being urged to support domestic consumption stimulus plans to boost economic growth, cash flow, and funding support for small and medium-sized enterprises (SMEs) in the retail and service industries.

Bangkok Post · Jul 31, 2022

IMF warns of seven factors which leave global economy at risk of perfect storm

The International Monetary Fund has warned that seven factors are undermining growth expectations, suggesting that the worst-case scenario would cut global economic growth to 2 percent in 2023, the lowest level in over five decades.

Radio France Internationale · Jul 31, 2022

Strengthening liberal democracy is essential for growth: Raghuram Rajan

The under-performance of the country in terms of economic growth “seems to indicate the path we are going on needs rethinking”, said former RBI Governor Raghuram Rajan at the All India Professionals Congress conclave

The Hindu · Jul 30, 2022

China drops reference to economic growth target amid COVID fight

Ruling Communist Party drops previous calls to reach 5.5 percent growth this year.

Al Jazeera · Jul 29, 2022

After 2 Consecutive Quarters of Negative Economic Growth, Is America in a Recession?

Most Americans believe so.

Reason · Jul 28, 2022