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The Latest Breaking News from GDP

Navy Secretary warns workers can make more at Amazon instead of building America’s warships: ‘It's hard to get that person to want to do that job’

The industry contributes $37.3 billion to GDP, but has been outshined by China in recent years.

Fortune

BRICS Outpaces G7, The Undeniable Economic Rebalancing

The BRICS+ now commands a larger share of world GDP than the G7. The bloc originally comprising Brazil, Russia, India, China, and South Africa has been expanding. Alongside newly added members in Egypt, Ethiopia, Iran, Indonesia, Saudi Arabia, and the United Arab Emirates, they surpassed the industrialized G7 bloc when…

Benzinga

Dollar Sees Support from Positive Empire Report and Reduced Fed Rate-Cut Expectations

The dollar index (DXY00 ) today is up by +0.25%. The dollar is climbing on today’s news that the Nov Empire manufacturing general business conditions survey unexpectedly rose to a 1-year high. The dollar also has carryover support from last week when a parade of Fed presidents said they favored...

Barchart

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Social benefits: Which EU countries spend the most?

With pensions, social housing, unemployment benefits, medical care, and disability support, Europe has among the best social protections in the world. But which EU countries are the most generous when it comes to public spending?

Euronews

Japan's economy contracts as exports are hit by President Trump's tariffs

On a quarter-on-quarter basis, GDP in the three months to September contracted for the first time in six quarters, a challenge for new Prime Minister Sanae Takaichi.

Euronews

Weak eurozone growth meets flat jobs market as bankruptcies surge

Eurozone GDP barely grew in the third quarter of 2025, rising just 0.2% as the wider EU posted similarly weak gains and unemployment remained flat. New business registrations increased, but a sharp rise in bankruptcies across key consumer-facing sectors could highlight a market under pressure.

Euronews

Renewable energy is reshaping the global economy – new report

World leaders gather for the UN climate summit (Cop30) in Belém, Brazil, amid concerns about the slow progress in cutting global carbon emissions. Ten years into the historic Paris climate agreement, we are off track to meet its core objective, to keep global warming well below 2°C, relative to pre-industrial…

The Conversation

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Stocks fall amid weak GDP print ahead of Budget

The FTSE 100 index closed down 103.74 points, 1.1%, at 9,807.68.

Evening Standard

Reeves’s actions would suggest she’s trying to slow economy down, says former NatWest chief

Labour chancellor under fire ahead of crunch Budget as new figures show GDP growth has slowed

The Independent UK

Why the UK should look beyond growth to a ‘new economics’ that works for all

The UK budget is usually a story of growth forecasts, borrowing levels and fiscal discipline. But ahead of this month’s high-stakes event, growth has been slower than expected. At the same time, as households struggle with living costs, the climate crisis intensifies and inequality persists, growth might seem like too…

The Conversation

Taiwan to up defense spending and develop Iron Dome-inspired missile protection — expert warns one well-placed Chinese missile could make it 'impossible to get a new iPhone for three years'

An expert from the Taiwan NSTC Hsinchu Science Park Bureau estimates that a single missile strike could disrupt iPhone production for three years, with another suggesting that such an event could result in a 6% to 10% contraction of the global GDP.

Tom’s Hardware

FTSE 100 Live 13 November: Index lower as Aviva, Rolls and Burberry report, GDP disappoints

Rachel Reeves was handed an unwelcome pre-Budget surprise today when official figures showed the economy ground almost to a halt over the three months to September.

Evening Standard

New blow for Reeves as economy stalls close to zero in run up to Budget

GDP inches ahead by just 0.1% in the third quarter in a grim set of figures that one City analyst said revived the spectre of recession

Evening Standard

UK economy grew by just 0.1% in third quarter after hit from JLR cyber-attack

Figure undershoots forecasts, with Jaguar Land Rover hack helping to pull September GDP down by 0.1%

The Guardian - UK

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The Independent UK

Labour leadership live: Starmer denies No 10 aides to blame for attack on Streeting

Concerns around Labour Party leadership deepens ahead of Rachel Reeves’s upcoming Budget

The Guardian - UK

UK exports to US hit lowest level since January 2022 as tariffs bite, and economy shrinks – as it happened

New economic data shows fall in UK exports to the US, as Britain’s economy shrinks slightly in September

The Conversation

How Pacific nations plan to go from spending up to 25% of GDP on fossil fuels to running on 100% renewables

Picture dusk falling somewhere in the Solomon Islands. A fisher’s skiff glides home using a whisper-quiet electric outboard motor. In the Cook Islands, a big battery steadies the island grid. In Papua New Guinea’s highlands, solar kits bring electric light to homes for the first time.

The Conversation

Climate disasters will send many countries into a debt spiral – but there’s a way out

After years of disciplined reform and painful sacrifice, Jamaica had done what few global debt specialists thought possible. Through tough and sometimes controversial spending cuts and fiscal discipline, it slashed its debt from a staggering 150% of GDP in 2013 to just 62% by 2024.

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GOBankingRates

I Asked ChatGPT What Would Happen If the Government Shutdown Lasted Until 2026: Here’s What It Said

A long federal shutdown could impact everything from GDP and stocks to unemployment and consumer spending. See ChatGPT’s projections and expert warnings.

Benzinga

Ray Dalio Warns That Things Aren't As Good As They Appear Despite New Highs In The Stock Market: 'You Can't Look At The U.S. As A Whole Nowadays'

Bridgewater Associates founder Ray Dalio is skeptical of the U.S. economy despite a soaring stock market and rising GDP, and his flaws point to future economic challenges if they are not addressed.

Evening Standard

UK economic growth set to slump next year if income tax goes up, warns City forecaster

Research firm Morningstar slashes its GDP growth prediction from 1.5% to just 0.5% in 2026

The Conversation

AI can help the government spend billions better. But humans have to be in charge

The New Zealand government spends about NZ$51.5 billion each year – around 20% of GDP – on goods, services and infrastructure from third-party suppliers. It’s a lot, but how that money is spent matters as much as the amount.

International Business Times

While Establishment Politicians Squabbled Over TikTok, John McEntee Built a New Model for Influence

According to Oxford Economics, TikTok contributed $24.2 billion to U.S. GDP in 2023, supporting over 224,000 jobs. For small businesses and content creators—constituencies Republicans claim to champion—the platform has become essential infrastructure.

Euronews

Is Europe’s spending boom fuelling a new dangerous debt spiral?

Europe's spending plans are pushing debt levels higher, fuelled by Germany’s stimulus and rising defence budgets. However, as governments ramp up spending, experts warn that markets are becoming less tolerant.

Fortune

Trump’s tariff revenue is soaring off a ‘significant increase,’ budget watchdog says—but the $38 trillion national debt still looms

Despite this surge in tariff revenue, the deficit still totaled $1.8 trillion, or roughly 6% of GDP. And if the Supreme Court strikes the tariffs down …

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