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The Latest Breaking News from GDP

Anti-tracking fashion: Startup designs clothing to foil AI surveillance cameras

Face-like prints, special cuts and shielding smartphone pockets: Urban Privacy wants to hinder surveillance, while police increasingly rely on smart cameras.

Euronews

UK economy set to have stayed in slow lane after Iran war held back growth

Some economists are expecting GDP to have flatlined or declined in May, after slipping by 0.1% in April.

Evening Standard

UK economy set to stagnate as Iran war and high energy costs hold back growth

UK economist Sanjay Raja predicted some sectors could get a boost this month due to England’s World Cup success

The Independent UK

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IMF raises Thai GDP growth forecast

The International Monetary Fund (IMF) has upgraded Thailand's GDP growth forecast to 1.9% from 1.5%, supported by the government's stimulus measures.

Bangkok Post

Trump Threatens to Cut All Trade with Spain After NATO Ally Refuses 5% Defence Spending Target

President Trump has ordered a halt to US trade with Spain due to its refusal to meet NATO's 5% GDP defence spending target, escalating tensions within the alliance

International Business Times UK

ADB cuts India's FY27 GDP growth aim to 6.6% on higher energy prices

The Asian Development Bank has lowered India's FY27 GDP growth forecast to 6.6 percent. Elevated energy prices are impacting household purchasing power and squeezing real incomes. The lender also raised India's FY27 inflation forecast to 5.2 percent. South Asia's growth projection for 2026 was also reduced by 0.3 percentage points.…

The Economic Times

Twin deficits spell trouble for economy

I do not enjoy holding views that differ from those of others. It is never comfortable to be the odd one out because I have to defend my analysis vigorously and, at times, endure ridicule from my peers.

Bangkok Post

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UK Treasury yet to do due diligence on finding extra money for defence

How to hit the 3.5% of GDP spending promise made to Nato would be a matter for the next prime minister, MPs told

The Guardian - UK

IMF sees India among fastest-growing major economies despite trimming FY27 GDP growth projection to 6.4%

India's economy is anticipated to expand by 6.4 percent in fiscal year 2026-27, bolstered by strong private consumption and active service sectors. Although global growth is predicted to ease to 3.0 percent in 2026, domestic demand is set to drive India's economic growth amidst international uncertainties. The Reserve Bank of…

The Economic Times

The countries that spend the most on Nato - and who needs to do more

The US is not the biggest contributor to the alliance as a percentage share of its GDP but Trump has demanded allies ramp up defence spending immediately

The Independent UK

Act soon to change ‘unsustainable’ direction of UK debt, OBR warns

Forecaster says curtailing rising costs such as health and pensions ‘are today’s challenge, not just tomorrow’s’

The Guardian - UK

US President Donald Trump arrives in Turkey to attend NATO summit

The two-day gathering in Ankara comes a year after NATO members pledged to ramp up security-related spending to 5% of GDP under pressure from the US leader. Yet, the US President has lashed out at European allies over Iran.

Euronews

China’s birth rate just hit its lowest point since 1949—and Trip.com cofounder James Liang thinks that’s a threat to innovation

“We need more people to innovate.”

Fortune

NATO allies seek to win over Trump after Iran ire as US Prez heads to Turkey

NATO allies will showcase surging defence spending at a summit in Turkey's capital Ankara on Tuesday as they hope to placate US President Donald Trump after his fury over Europe's response to the war with Iran. The two-day gathering at Turkey's sprawling presidential palace comes a year after NATO members…

The Economic Times

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Latin Times

Houston's Latino Entrepreneurs Built an Economic Engine. The World Cup Just Put It Under a Microscope.

Houston's Latino-led economy powered years of growth. The World Cup brought 500K visitors — and a real test of whether that growth reaches every block.

The Economic Times

Trump won big spending promises from NATO last year. This week in Turkey, he'll try to enforce them

President Trump heads to Turkey to press NATO allies on defense spending pledges. He expects immediate action on the 5% GDP target, a key focus after last year's summit. Despite ongoing disputes, Trump seeks to solidify his influence on the alliance's future, while also planning meetings on Ukraine and Syria.…

The Economic Times

Make NATO European? How Trump is reshaping the alliance

As doubts swirl over US President Donald Trump's commitment to protecting NATO, Europe needs to take more responsibility for its own defence. After decades of underinvestment by Europe, NATO leaders agreed at a summit last year to increase defence-related spending to five percent of GDP by 2035.

Times Life

The Invisible Unpaid Labour Indian Daughters-in-Law Perform That Nobody Counts as Work

The work that has no nameYou remember the first week. The kitchen was unfamiliar, the pressure cooker a different weight, the dal proportions someone else's memory. You figured it out by the second week. By the third, nobody noticed you had figured it out, because the expectation had already moved…

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Evening Standard

Trump's warning to Nato allies ahead of summit

The White House warns Nato allies could face consequences if they do not boost their defence spending to 5% of GDP

The Economic Times

What America (still) teaches us

Despite perceptions of narcissism, the US has been a significant global positive force, particularly in economics and technology. Its prosperity stems from a blend of natural advantages and deliberate design, including a welcoming immigration policy that fuels innovation and economic growth. Geopolitically, US military spending underpins global security and trade…

Bangkok Post

Hidden costs of Land Bridge project

When the Thai government discusses the Land Bridge, the conversation almost always centres on GDP growth and economic returns. The mega-project, expected to cost at least 1 trillion baht, forms part of the planned Southern Economic Corridor, another effort to boost development in the South.

Benzinga

Trump Wants the US Economy Growing at Over 12% and Says the Fed Keeps Trying To 'Kill It' With Higher Rates

President Donald Trump has advocated for more flexibility in the Federal Reserve’s approach to interest rates and economic growth.

The National (Scotland)

Economic expert debunks Jacob Rees-Mogg's 'criminally misleading' devolution chart

AN economist has accused Jacob Rees-Mogg of using a “criminally misleading” chart to attack Labour’s devolution plans, arguing the Tory…

Bangkok Post

Report urges reforms as public debt rises

Thailand no longer has a fiscal buffer to contain rising public debt, making it necessary to accelerate reforms for both the economy and the public sector to lift economic growth closer to its full potential, according to the Finance Ministry.

Euronews

Albania NATO summit hangs in balance as US slams security 'free riders'

The proposed host country of next year's meeting hasn't shown credible progress on the alliance's new defence spending target of 5 percent of GDP.

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