The Latest Breaking News from GDP

PM promises to spend billions more on weapons factories, drones and submarines but refuses to set date for spending 3% of GDP on defence

US defense secretary Pete Hegseth calls for Australia to boost annual military spend by tens of billions ‘as soon as possible’

The Defence Secretary has promised a ‘certain decade of rising defence spending’.

India’s wealthy elite love their cash – not just for convenience, but for what it hides. Despite a surge in digital payments, stacks of unaccounted currency still fuel real estate deals and many economic activities in the informal part of the economy, leading to tax dodging and funding of election…

First-quarter growth was brought down by a surge in imports as companies in the United States hurried to bring in foreign goods before the president imposed massive import taxes.

Late last week multiple news outlets reported that in 2024-25, gross foreign direct investment (FDI) into India hit $81 billion, up nearly 14 percent from the previous year – a stat that made headlines.

The U.S. economy shrank at a 0.2% annual pace from January through March, the first drop in three years, as President Donald Trump’s trade wars disrupted business, the government said Thursday in a slight upgrade of its initial estimate

June S&P 500 E-Mini futures (ESM25) are up +1.57%, and June Nasdaq 100 E-Mini futures (NQM25) are up +1.96% this morning as risk sentiment improved following upbeat earnings from Nvidia and after a federal trade court struck down U.S. President Donald Trump’s sweeping tariffs.

Scotland’s economy shrank in both February and March, figures show – although GDP as a whole increased over the first three months of 2025.