Labour reels from shock 0.1% fall in GDP in October Rachel Reeves admits that the fall in output in the same month as the Budget is “disappointing” Evening Standard · Dec 13, 2024
FTSE 100 Live 13 December: GDP shows surprise fall, Royal Mail fined £10.5m Another dip in UK output today added pressure on the Bank of England to consider a back-to-back cut in interest rates. Evening Standard · Dec 13, 2024
UK’s economy shrinks unexpectedly by 0.1% in October GDP figures underline scale of challenge for Labour to get the economy growing The Guardian - UK · Dec 13, 2024
Financial Advisor Charles Wareham On Skyrocketing US Debt, Rising Taxes And What To Do With America's Retirement Plan With a debt-to-GDP ratio of 122.84% and a recent hike in its interest expenses— now costing $1.133 trillion due to inflation and rising interest rates, the USA is spending 17% of its federal budget just to maintain its debt. International Business Times · Dec 11, 2024
It’s not bigotry to worry about migration – the latest figures tell a complex story Large parts of Britain would not function without migrants, but there are consequences for housing, GDP and productivity, says Guardian columnist Larry Elliott The Guardian - UK · Dec 11, 2024
Newspoll returns to a tie after Coalition leads, but Labor has worst result this term in Resolve A national Newspoll, conducted December 2–6 from a sample of 1,258, had a 50–50 tie, a one-point gain for Labor since the previous Newspoll in early November. Primary votes were 39% Coalition (down one), 33% Labor (steady), 11% Greens (steady), 7% One Nation (up two) and 10% for all Others… The Conversation · Dec 8, 2024
Fact check: Living standards pledge, National Insurance and plane crash image Round up of fact checks from the last week compiled by Full Fact. The Independent UK · Dec 6, 2024
NATO Urges European Allies To Increase Defense Spending NATO calls for increased defense spending in response to Russian threats and U.S. pressure to ensure regional peace and stability. Top News · Dec 4, 2024
What do the latest GDP figures tell us? That the RBA is still getting it very wrong It’s time the reserve started undoing the damage it’s done before even public spending can’t keep the economy growing The Guardian - AU · Dec 4, 2024
UK interest rates to fall more slowly than expected after Budget – OECD The global economics body also increased its GDP forecast for next year on the back of higher public spending from the Budget. Evening Standard · Dec 4, 2024
Australians still feeling pain in the hip-pocket but there are positive signs of growth ahead Australia’s economic growth remains in the slow lane, at only 0.3% for the September quarter, keeping Australia close to recession territory. The Conversation · Dec 4, 2024
Interest rate cut hopes rise and Australian dollar slumps after GDP expands by a weak 0.3% Per capita GDP continued to decline for seventh consecutive quarter as population grew, ABS data shows The Guardian - AU · Dec 4, 2024
Poland's GDP Set for Growth in 2025 as EU's Fastest Economy Poland’s GDP is set to expand further in 2025, cementing its position as the European Union’s (EU) fastest-growing economy. Benzinga · Dec 3, 2024
Trump's Tariff Plan Risks Economic Pain For North America, Goldman Sachs Warns Goldman Sachs warns that Trump's proposed 25% tariffs on Canada and Mexico could cause economic turmoil, with GDP shrinkage and inflation. Benzinga · Dec 3, 2024
Latin Times · Dec 3, 2024 Venezuela's 'Pearl Of The Caribbean' Loses Its Luster An 80-percent drop in GDP over a decade of increasingly repressive rule by strongman President Nicolas Maduro between 2013 and 2023 pushed more than seven million Venezuelans -- almost a quarter of the population -- to seek a better life elsewhere.
Evening Standard · Dec 3, 2024 Truong My Lan: Death sentence upheld for Vietnamese property tycoon over massive fraud Truong My Lan had been convicted in April of embezzlement and bribery over the fraud amounting to 12.5 billion dollars, nearly 3% of Vietnam's 2022 GDP
Evening Standard · Dec 3, 2024 Why Trump's tariffs may not end up so bad for the UK after all While the threatened tariffs may mean the US buys fewer UK goods, it may also mean the US buys more UK services.
The Conversation · Dec 2, 2024 In a sluggish Europe, Poland stands out and is aiming to become a key player With its strong economic growth for a western country, added to its desire to play a greater military role within NATO, Poland is poised to become a key player in Europe.
Latin Times · Nov 29, 2024 Texas Faces $160B GDP Loss by 2030 if Water Infrastructure Investments Are Not Made, Report Finds The report also projects a water supply deficit of nearly 6.9 million acre-feet by 2070—enough to serve 20.7 million households annually
The Independent UK · Nov 28, 2024 Trump’s tariffs in his first term did little to alter the economy. This time things could be very different The total tariffs collected in the United States was less than 0.3% of the GDP in 2019, during Trump’s first term
The Independent UK · Nov 27, 2024 US economy grows at 2.8% pace in third quarter on consumer spending, unchanged from first estimate The American economy expanded at a healthy 2.8% annual pace from July through September on strong consumer spending and a surge in exports, the government said Wednesday, leaving unchanged its initial estimate of third-quarter growth
Barchart · Nov 27, 2024 Dollar Weakens as the Euro and Yen Rally The dollar index (DXY00 ) Wednesday fell by -0.86% and posted a 2-week low. Strength in the euro and the yen on Wednesday undercut the dollar. Also, Wednesday’s mixed US economic news pushed T-note yields lower, weakening the dollar’s interest rate differentials. US Q3 GDP was unrevised at 2.8% (q/q...
The National (Scotland) · Nov 27, 2024 Kate Forbes says economy 'recovering steadily' as Scottish GDP growth beats UK KATE Forbes said Scotland's economy is "recovering steadily" as new figures showed GDP grew by 0.3 between August and September ...
Barchart · Nov 27, 2024 Dollar Falls with Bond Yields The dollar index (DXY00 ) today is down by -0.67%. Strength in the euro and the yen today is weighing on the dollar. Also, today’s mixed US economic news pushed T-note yields lower, weakening the dollar’s interest rate differentials. US Q3 GDP was unrevised at 2.8% (q/q annualized) right on...
The Guardian - UK · Nov 27, 2024 Von der Leyen calls for more EU defence spending after narrow election victory European Commission president says average spending in Europe is 1.9% of GDP, while Russia’s is 9%