Creditors, politicians and 'morons': who's really caught in the government debt trap? When nations get caught in spiralling debt, it’s future generations who will end up paying the price. 360info · Feb 23, 2023
Pakistan’s debt is a teetering house of cards Pakistan faces a wave of problems on multiple fronts, but its growing debt can no longer be overlooked as inflation soars and foreign reserves crumble. 360info · Feb 23, 2023
Why is the Russian economy holding up against Western sanctions? Despite nine sets of sanctions imposed by the European Union, the Russian economy only experienced a small contraction of its GDP in 2022. The "resilience" of the Russian economy was hailed on Tuesday by President Vladimir Putin during his state of the nation address. However, certain Western observers and politicians… France 24 · Feb 23, 2023
Profits have driven inflation while wages lag behind, argue economists Increasing profits going to corporate Australia account for more than two-thirds of the nation's inflation problem, according to new research from the Australia Institute. ABC News · Feb 23, 2023
US revises down GDP for Q4 to 2.7% The revised estimate marked a deceleration from the 3.2 percent growth rate from July through September. Al Jazeera · Feb 23, 2023
Growth headwinds mounting in Thailand According to the latest data released by the National Economic and Social Development Council on Feb 17, Thailand's real GDP growth slowed significantly to 1.4% year-on-year in the fourth quarter of 2022 from 4.6% in the third quarter. Bangkok Post · Feb 22, 2023
Changing Thailand: a series (prologue) Before I start talking economic jargon filled with figures, let me explain Thailand's economic situation in plain language. Bangkok Post · Feb 22, 2023
Economists: Tourism surge offsets export setback The Thai economy is set to bounce back from a surprising contraction in the fourth quarter of 2022 as foreign tourist arrivals are likely to surprise on the upside and counter headwinds to merchandise exports from a global slowdown, say leading economists. Bangkok Post · Feb 22, 2023
Has Russia's economy withstood Western sanctions? Vladimir Putin claims the Russian economy has withstood Western sanctions, as he prepares to mark one year since the invasion of Ukraine. While Russia's GDP has contracted less than many analysts expected, Beata Javorcik of the EBRD explains that's largely the result of years of "sanctions-proofing", and doesn't mean that… France 24 · Feb 21, 2023
Economic growth likely at 4.6% in December quarter: SBI economists MUMBAI: Economists at the State Bank of India (SBI) have projected a GDP growth of 4.6 per cent for the December quarter, citing that as many as 30 high frequency indicators are not as robust as they were in the previous quarters. The Times of India · Feb 21, 2023
Asian shares slide, SET falls on weak GDP data RECAP: Asian shares and currencies slipped on Friday as strong economic data from the US and hawkish Federal Reserve comments revived fears that the US central bank will stick to its path of interest rate increases to tame inflation. Bangkok Post · Feb 17, 2023
Russia stands by 2% of GDP budget deficit plan after huge Jan shortfall Russia's finance ministry is sticking with plans to post a budget deficit of no more than 2% of gross domestic product (GDP) in 2023, despite towering spending and slumping energy revenues contributing to a huge shortfall in January. Reuters · Feb 17, 2023
Q4 GDP growth slows, 2023 outlook trimmed Thailand's economic growth slowed more than expected in the fourth quarter of 2022, as exports and manufacturing declined, but a rebound in the vital tourism sector should continue to boost the recovery this year amid weaker global demand. Bangkok Post · Feb 17, 2023
3 Must-Buy Nasdaq Stocks for 2023 Consumers showing resiliency in the face of rising inflation have helped the U.S. GDP to come in better than expected in the last quarter. Moreover, hopes of the economy avoiding a deep recession this year are rising. The Nasdaq Composite began this year on a positive note. Hence, fundamentally strong… StockNews.com · Feb 16, 2023
France 24 · Feb 16, 2023 Earthquakes could trigger loss of up to 1% of Turkish GDP in 2023, says report The February 6 earthquakes that killed more than 40,000 people in Turkey and Syria could result in a loss of up to 1% of the Turkish gross domestic product (GDP), said an economic report published on Thursday. It came amid uncertainties over a possible delay of general elections, set for…
The Independent UK · Feb 15, 2023 NATO chief eyes bigger defense budgets, hard spending target NATO Secretary-General Jens Stoltenberg is urging the 30 member countries to commit to spending at least 2% of their gross domestic product on their defense budgets by a set date
Reuters · Feb 15, 2023 German defence minister backs raising NATO spending goal Germany's defence minister said he was in favour of raising NATO's military spending target, as allies gathered in Brussels on Wednesday for talks on whether defence expenditures of 2% of GDP are sufficient with a war raging in Ukraine.
Bangkok Post · Feb 14, 2023 BoT wants to see household debt below 80% of GDP The Bank of Thailand says it wants to see household debt levels below 80% of gross domestic product to help reduce economic and financial risks.
The Guardian - UK · Feb 13, 2023 Brexit hit UK growth by £29bn, says Bank of England rate setter Investment in the country since the referendum has ‘stopped in its tracks’, according to a study led by Jonathan Haskel
Bangkok Post · Feb 12, 2023 Tourism lifts retail growth projection to 6-8% Thailand's retail industry is expected to grow by 6-8% this year, double the rate of the GDP, helped by the recovery of tourism, according to the Thai Retailers Association (TRA).
The Guardian - UK · Feb 11, 2023 Generations of Tories have hoped for growth. They never plan for it Kept aloft by North Sea oil or privatisations, the economy under the Conservatives never got the long-term vision it needed
Fortune · Feb 11, 2023 Economics are a big factor in the U.S. migrant crisis. Here’s how immigration numbers and GDP compare in the Americas In struggling countries in Latin America, economic breakdown often precedes an exodus.
The Guardian - UK · Feb 10, 2023 UK ‘not out of the woods yet’ after economy dodges recession by a whisker; Russia cuts oil output – as it happened Latest GDP report shows that UK economy flatlined in final quarter of last year, while Russia is to cut oil production over Western price caps
The Guardian - UK · Feb 10, 2023 UK can expect year of stagnation after narrowest of escapes from recession Marginal expansions and contractions in 2023 will do little to solve a lack of investment and export shortfall
The National (Scotland) · Feb 10, 2023 UK avoids recession by narrowest margin but 'not out of woods yet' THE UK avoided a recession by the thinnest of margins after the economy flatlined in the last three months of 2022, new data shows.