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The Latest Breaking News from GDP

Commerce Secretary Lutnick Pushes For 'Transparent' GDP Calculation By Removing Government Spending

Howard Lutnick's remarks came in response to concerns over whether the spending cuts advocated by Elon Musk's Department of Government Efficiency (DOGE) might lead to a recession.

International Business Times

Can Europe guarantee Ukraine’s security without the US?

European nations work on security guarantees for Ukraine against Russia with, Trump making clear that the US won’t.

Al Jazeera

The Trump administration may exclude government spending from GDP, obscuring the impact of DOGE cuts

Commerce Secretary Howard Lutnick says he could take government spending out of his agency's reports on gross domestic product

The Independent UK

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Bus Passes, NHS, and Pensions at Risk – Is Anything Safe from Keir Starmer’s Cuts?

Prime Minister Keir Starmer’s decision to slash foreign aid from 0.5% to 0.3% of GDP has raised eyebrows within his own party.

The Fashion Central

The US economy has suddenly been thrown into reverse as key GDP indicator flashes stunning negative forecast

The Atlanta Fed’s GDP tracker now indicates the economy is headed for a 1.5% contraction in the first quarter, after showing 2.3% growth just days earlier.

Fortune

Fact check: Government plans will see defence spending hit 2.5% of GDP

It is unclear what the Prime Minister is using to claim that the increase would be £13.4 billion per year.

Evening Standard

India's GDP grows 6.2 in Q3 of 2024-2025 fiscal year

In July-September, the economy recorded a growth of 5.6 per cent. Read further on Dynamite News:

Dynamite News

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Dollar Rallies on Expectations of US Tariffs on Canada and Mexico

The dollar index (DXY00 ) Thursday rose by +0.77% and posted a 1-week high. The dollar rallied Thursday on signs of strength in the US economy after Q4 GDP was left unrevised. Also, Jan capital goods new orders nondefense ex-aircraft and parts, a proxy for capital spending, rose more than...

Barchart

Dollar Rallies as President Trump Affirms Tariffs on Canada and Mexico

The dollar index (DXY00 ) today is up by +0.68% at a 1-week high. The dollar is climbing today on signs of strength in the US economy after Q4 GDP was left unrevised, and Jan capital goods new orders nondefense ex-aircraft and parts, a proxy for capital spending, rose more...

Barchart

Trump meets Starmer: Is the UK’s increase in defence spending enough?

The British leader says foreign aid will suffer a 40 percent cut to bolster defence spending in light of a ‘new era’.

Al Jazeera

Stocks Climb Before the Open on Nvidia Boost, U.S. GDP Data and Fed Speak in Focus

March S&P 500 E-Mini futures (ESH25) are up +0.70%, and March Nasdaq 100 E-Mini futures (NQH25) are up +0.72% this morning, pointing to a strong open on Wall Street as earnings from AI darling Nvidia reassured investors about the outlook for AI chip demand.

Barchart

Kate Forbes hails Scottish GDP growth amid 'damaging' impact of UK Budget

KATE Forbes has said she remains "deeply concerned" about the impact of the UK Budget as new figures showed the Scotland's GDP grew by…

The National (Scotland)

Healey suggests defence spending increase ‘something over £6bn’, not £13.4bn

It comes after the PM told the Commons: ‘Let me spell it out, that means spending £13.4 billion more on defence every year from 2027.’

Evening Standard

Wednesday briefing: Why Keir Starmer cut foreign aid to pay for defence – and who loses out

In today’s newsletter: The prime minister announced a significant increase in defence spending to 2.5% of GDP, funded entirely by a cut in the aid budget

The Guardian - UK

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StockNews.com

Why is Stock Market Outlook So Uncertain?

The S&P 500 (SPY) has quickly pushed back from the highs and once again on the verge of a break below the 100 day moving average. Why is this happening? And what comes next? 40 year investment veteran Steve Reitmeister shares his view and top stocks in the commentary that…

The Independent UK

UK foreign aid: How much is spent and who receives it as Starmer slashes budget

UK foreign aid will be slashed from 0.5 to 0.3 per cent of GDP to fund an increase in defence spending

The Independent UK

Starmer slams accusation he is ‘Farage in disguise’ over defence spending increase

Sir Keir Starmer dismissed an accusation he is "Nigel Farage in disguise" over his plans to slash the foreign aid budget to hike defence spending to 2.5 per cent of GDP to counter “tyrants” like Vladimir Putin.

The Conversation

Trump’s claim that US debt calculation may be fraudulent could put the economy in danger

The US president, Donald Trump, is challenging official figures around the country’s federal debt, suggesting possible fraud in its calculation. The president’s remarks have added a controversial twist to an issue that is both complex and consequential for the United States. And it has implications for the global economy and…

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news in one place.

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The Independent UK

Watch: Starmer defends cutting foreign aid budget to boost defence spending

Watch as Sir Keir Starmer holds a press conference on Tuesday, 25 February, after announcing he will slash the foreign aid budget to hike defence spending to 2.5 per cent of GDP to counter “tyrants” like Vladimir Putin.

Top News

Britain To Increase Defense Spending Amid US-Europe Rift

British PM Keir Starmer announces plans to increase defense spending, emphasizing strong alliances and potential growth to 3% of GDP. This move reflects a ...

The Fashion Central

Keir Starmer Unveils Record-Breaking Defence Boost in Response to Ukraine Crisis

Prime Minister Keir Starmer has announced the most significant increase in UK defence spending since the Cold War, vowing to allocate 2.6% of GDP to defence

The Fashion Central

PM to Drop Surprise Defence Statement Before High-Stakes Trump Talks

UK defence spending will rise to 2.5% of GDP by 2027, the prime minister has announced. Sir Keir Starmer made the announcement in an unexpected Commons

The Guardian - UK

Starmer announces big cut to UK aid budget to boost defence spending

PM confirms rise in military spending to 2.5% of GDP by 2027 – three years earlier than planned

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