The Latest Breaking News from GDP

Global Market: Japan economy shows resilience but Iran conflict clouds outlook

Japan's economy showed strong growth in the first quarter, driven by exports and domestic demand. However, rising energy costs due to the Iran conflict pose a significant threat. This situation complicates the Bank of Japan's policy decisions. Higher fuel prices are increasing inflation and impacting household spending. The government is…

The Economic Times · May 19

The hidden 401(k) transformation Wall Street wants could fuel economic growth — but experts warn Americans may face greater retirement dangers

Trump 401(k) private market investments are becoming one of the biggest retirement and economic debates in the United States. The White House says opening America’s $30 trillion 401(k) system to private equity could add nearly $35 billion to US GDP. That number is now driving fresh discussions across Wall Street,…

The Economic Times · May 18

India should increase investment in R&D to 2 per cent of GDP: Niti Aayog

Niti Aayog has urged India to boost research and development investment to two percent of GDP within five years. The report suggests restoring a five percent GST slab for R&D procurement. It also calls for fiscal incentives to encourage private sector R&D spending. Strengthening CSR provisions and tax deductions for…

The Economic Times · May 18

UK has highest property tax burden of top economies, says report

Tax firm Ryan’s report found that the UK ranks first globally for the property taxes as a share of gross domestic product (GDP).

Evening Standard · May 17

The UK has highest property tax burden of any major economy: ‘Not a marginal difference’

Global tax firm Ryan found that the UK ranks first globally for the property taxes as a share of gross domestic product (GDP)

The Independent UK · May 17

FTAs, lower import duties, better business environment to boost net FDI flows: ADB chief economist

Foreign investment in India needs a boost. ADB Chief Economist Albert Park suggests free trade agreements and lower import tariffs. Strengthening manufacturing infrastructure and urban planning will attract more capital. Higher oil prices are expected to persist, impacting India's GDP growth and inflation. Reforms are ongoing, and continued momentum is…

The Economic Times · May 17

Europe's Defense Spending Surge Is Fueling a 50% Price Spike on Military Gear — and the Problem Is Getting Worse

European nations face military gear price increases of more than 50% in two years as NATO allies race to rearm, Estonian Defense Minister Hanno Pevkur warned Saturday at the Lennart Meri Conference in Tallinn. The surge is exposing a painful paradox: the more Europe tries to defend itself, the more…

International Business Times · May 16

Nvidia surpasses Germany: How the market caps of tech giants compare to top economies

Nvidia’s market capitalisation ($5.7 trillion) has overtaken Germany’s GDP ($5.45 trillion). The combined value of the five largest US companies now exceeds the total GDP of Europe’s five largest economies.

Euronews · May 16

How Jerome Powell navigated pandemic, inflation and Trump

The outgoing Federal Reserve chair guided the U.S. economy through extreme tumult.

Axios · May 15

Wealth of Britain’s 157 billionaires now equal to 22% of country’s GDP

This ‘ghost GDP’ shows how headline economic growth is increasingly disconnected from reality for most, says report

The Guardian - UK · May 15