The Latest Breaking News from GDP

War could add an extra 5% to prices in Australia – but there’s one sector that shields the economy

A drawn-out war in the Middle East could add an extra 5% to existing inflation in Australia, our new modelling shows.

The Conversation · Mar 29

How badly the war in Iran is impacting your finances depends on where you live

Households whose budgets have a higher allocation toward groceries, fuel, and utilities—either because of geography or income—are more exposed to the Iranian conflict.

Fortune · Mar 26

Trump's Iran war wreaks economic carnage on UK with £15 billion blow to GDP and deepening cost-of-living crisis, warns OECD

Inflation in Britain is forecast to jump to 4% this year, outstripping many wage increases

Evening Standard · Mar 26

Why NRIs Are Leaving India Again After Returning – Real Reasons Explained

In 2023 alone, over 9.38 million Indians returned to the country, a sharp rise from previous years, especially after the pandemic . Surveys also show that 60–80% of NRIs globally consider returning at some stage, particularly for retirement or family reasons . But beneath this strong “return to India” wave…

Times Life · Mar 20

India Overtakes Japan to Become World’s 4th Largest Economy, Now Targets No. 3 Spot

In a defining moment for India’s economic journey, the country has officially surpassed Japan to become the world’s fourth-largest economy, marking a major shift in the global financial order. This milestone is not just symbolic. It reflects years of steady growth, structural reforms, and rising global influence. With a nominal…

Times Life · Mar 19

New Zealand economy limps on with lacklustre GDP

New Zealand's fledgling economic revival, confirmed by fresh GDP figures, is at risk as supply chain disruptions push up inflation.

AAP · Mar 19

Starmer facing fresh Labour backlash over international aid cuts

Aid allocations set to be announced more than a year after the prime minister said the budget would be reduced from 0.5% of GDP to 0.3% by 2027

The Independent UK · Mar 18

Elon Musk Backs Warren Buffett's 5-Minute Plan to Fix US National Debt Nearing $40T

Elon Musk has endorsed Warren Buffett's radical '5-minute' proposal to eliminate the US deficit as the national debt hits a record $39 trillion (£30.7 trillion) amid 2026 recession fears.

International Business Times UK · Mar 18

Zack Polanski says Greens would ditch GDP targets and focus on wellbeing instead

Leader uses first major economic speech to prioritise public services and reduction of inequality over growth

The Guardian - UK · Mar 18

‘This is the way’: Elon Musk endorses Warren Buffett’s famed 5-minute plan to fix the national debt

The richest man in the world joins prominent financial leaders in supporting a plan to lower the deficit to 3% of GDP.

Fortune · Mar 17