The Latest Breaking News from GDP

Sir Keir Starmer has vowed to boost defence spending to 2.7 per cent of GDP by 2027, as Nato allies push for ‘dramatic increase’

The International Monetary Fund recently stated that India is set to surpass Japan to become the fourth-largest economy in the world in 2025. While the projection masked the underlying realities of the average Indian, it was enough for the mainstream Indian media to rush to celebrate.

Mark Rutte, the secretary general of the alliance, said on Thursday he is proposing Nato members spend 5% of gross domestic product (GDP) on defence.

US defence secretary says he expects goal of 5% of GDP in next decade to be agreed this month

The Independent looks at what the spending review is, why the government has launched one and what is expected to be in it

US president adds ‘sometimes you’re better off letting them fight for a while’ as he and German chancellor also express unhappiness with Russian invasion

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Falling interest rates and Australia's competitive advantages are reasons for optimism, says the treasurer as he sets his sights on improving productivity.

Australia’s weak economic growth is not surprising when you factor in what’s going on with households, private investment, trade and government spending