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The Latest Breaking News from GDP

Taiwan to up defense spending and develop Iron Dome-inspired missile protection — expert warns one well-placed Chinese missile could make it 'impossible to get a new iPhone for three years'

An expert from the Taiwan NSTC Hsinchu Science Park Bureau estimates that a single missile strike could disrupt iPhone production for three years, with another suggesting that such an event could result in a 6% to 10% contraction of the global GDP.

Tom’s Hardware

FTSE 100 Live 13 November: Index lower as Aviva, Rolls and Burberry report, GDP disappoints

Rachel Reeves was handed an unwelcome pre-Budget surprise today when official figures showed the economy ground almost to a halt over the three months to September.

Evening Standard

New blow for Reeves as economy stalls close to zero in run up to Budget

GDP inches ahead by just 0.1% in the third quarter in a grim set of figures that one City analyst said revived the spectre of recession

Evening Standard

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UK economy grew by just 0.1% in third quarter after hit from JLR cyber-attack

Figure undershoots forecasts, with Jaguar Land Rover hack helping to pull September GDP down by 0.1%

The Guardian - UK

Labour leadership live: Starmer denies No 10 aides to blame for attack on Streeting

Concerns around Labour Party leadership deepens ahead of Rachel Reeves’s upcoming Budget

The Independent UK

UK exports to US hit lowest level since January 2022 as tariffs bite, and economy shrinks – as it happened

New economic data shows fall in UK exports to the US, as Britain’s economy shrinks slightly in September

The Guardian - UK

How Pacific nations plan to go from spending up to 25% of GDP on fossil fuels to running on 100% renewables

Picture dusk falling somewhere in the Solomon Islands. A fisher’s skiff glides home using a whisper-quiet electric outboard motor. In the Cook Islands, a big battery steadies the island grid. In Papua New Guinea’s highlands, solar kits bring electric light to homes for the first time.

The Conversation

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Climate disasters will send many countries into a debt spiral – but there’s a way out

After years of disciplined reform and painful sacrifice, Jamaica had done what few global debt specialists thought possible. Through tough and sometimes controversial spending cuts and fiscal discipline, it slashed its debt from a staggering 150% of GDP in 2013 to just 62% by 2024.

The Conversation

I Asked ChatGPT What Would Happen If the Government Shutdown Lasted Until 2026: Here’s What It Said

A long federal shutdown could impact everything from GDP and stocks to unemployment and consumer spending. See ChatGPT’s projections and expert warnings.

GOBankingRates

Ray Dalio Warns That Things Aren't As Good As They Appear Despite New Highs In The Stock Market: 'You Can't Look At The U.S. As A Whole Nowadays'

Bridgewater Associates founder Ray Dalio is skeptical of the U.S. economy despite a soaring stock market and rising GDP, and his flaws point to future economic challenges if they are not addressed.

Benzinga

UK economic growth set to slump next year if income tax goes up, warns City forecaster

Research firm Morningstar slashes its GDP growth prediction from 1.5% to just 0.5% in 2026

Evening Standard

AI can help the government spend billions better. But humans have to be in charge

The New Zealand government spends about NZ$51.5 billion each year – around 20% of GDP – on goods, services and infrastructure from third-party suppliers. It’s a lot, but how that money is spent matters as much as the amount.

The Conversation

While Establishment Politicians Squabbled Over TikTok, John McEntee Built a New Model for Influence

According to Oxford Economics, TikTok contributed $24.2 billion to U.S. GDP in 2023, supporting over 224,000 jobs. For small businesses and content creators—constituencies Republicans claim to champion—the platform has become essential infrastructure.

International Business Times

Is Europe’s spending boom fuelling a new dangerous debt spiral?

Europe's spending plans are pushing debt levels higher, fuelled by Germany’s stimulus and rising defence budgets. However, as governments ramp up spending, experts warn that markets are becoming less tolerant.

Euronews

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Fortune

Trump’s tariff revenue is soaring off a ‘significant increase,’ budget watchdog says—but the $38 trillion national debt still looms

Despite this surge in tariff revenue, the deficit still totaled $1.8 trillion, or roughly 6% of GDP. And if the Supreme Court strikes the tariffs down …

Euronews

Twenty years on: Did joining the EU make new members richer?

EU membership enjoys strong approval in new member states largely thanks to the economic firepower they have gained. Euronews Business takes a closer look at the GDP growth story in the new accession states since the bloc’s historic enlargement in 2004.

Fortune

Powell said companies are “making money in building [data centers]—it’s not about 25 basis points here or there.”

Fortune

The government shutdown won't be completely recouped—and it could cost the economy up to $14 billion, estimates say

The report says lost goods and services from furloughed workers’ downtime won’t be regained once the government reopens.

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Reason

America's $30 Trillion Publicly Held Debt Is 42 Times Larger Than It Was in 1980

Democrats defend every entitlement and dream up new benefits. Republicans demand more defense spending and still more tax cuts.

Euronews

Eurozone GDP beats forecasts: Portugal emerges as growth leader

Eurozone gross domestic product rose 0.2% in the third quarter of 2025, compared to the previous quarter. Within member states, Portugal recorded the highest growth rate at 0.8%.

Benzinga

Nvidia Hits $5 Trillion: Is This The Next Dot-Com Bubble Or AI Gold Rush? The 56x Return Investor Speaks

As chipmaker NVIDIA Corp. (NASDAQ:NVDA) surges past $5 trillion in market capitalization, several prominent analysts have reacted to the stock’s unrelenting rally, amid growing concerns regarding its sustainability and speculations of an AI bubble.

The Guardian - AU

What is Apec - explained in 30 seconds

The Asia-Pacific Economic Cooperation club has 21 members that represent more than 50% of global GDP and are home to about 2.7 billion people

The Guardian - US

US could lose between $7bn and $14bn during shutdown, budget office says

Federal agency also estimates country’s GDP will reduce by one to two percentage points over shrinking demand

Euronews

Nvidia becomes first company to pass $5 trillion market capitalisation

Nvidia's value is now greater than the GDP of India, Japan and the United Kingdom, according to the International Monetary Fund.

Fortune

The U.S. is joining Europe’s debt club—Trump’s ‘Big Beautiful Bill’ could fuel $38 trillion tab, bigger than Italy or Greece by GDP share

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