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The Latest Breaking News from GDP

Boost UK defence spending to win Trump’s support, former navy chief urges Starmer

Lord West says Republican victory is chance to show Britain is willing to prioritise military by allocating 3% of GDP

The Guardian - UK · Nov 9, 2024

‘Budget emperor has no clothes’ says shadow minister as MPs continue debate

The final day of debate on Labour’s first Budget in 14 years is taking place in the Commons.

The Independent UK · Nov 6, 2024

Asia braces for disruption to alliances, trade after Trump’s victory

Following decisive election win, Trump is expected to pursue more aggressive version of his ‘America first’ vision.

Al Jazeera · Nov 6, 2024

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Extreme weather has already cost vulnerable island nations $141 billion – or about $2,000 per person

Two years ago, when the curtain fell on the COP27 summit in Sharm El Sheikh, Egypt, developing nations on the frontline of climate change had something meaningful to celebrate.

The Conversation · Nov 6, 2024

The Internet's Defenders Are Running Out of Money—And We're All at Risk

Small businesses represent 43.5% of the American GDP. These underdogs employ 61.6 million people and provide critical products and services to communities across the nation.

International Business Times · Nov 5, 2024

US Election 2024: How does the US measure up to the rest of the world?

The US has the largest economy in the world, the highest healthcare costs and the biggest military budget.

Al Jazeera · Nov 4, 2024

Russia fines Google $2.5 decillion for YouTube bans—eclipsing global GDP

It would take more than 33 quintillion years for Google to pay Russia based on its annual profits last year.

Fortune · Oct 31, 2024

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Russia Demands Decillion From Google For Blocking Channels

Russia demands an astronomical sum from Google for fines related to blocked YouTube channels, exceeding global GDP.

Reeves to face scrutiny over Budget that raises taxes, borrowing and spending

The overall tax burden will reach a record 38.3% of gross domestic product (GDP) in 2027-28.

Evening Standard · Oct 31, 2024

Stock Market Today: Stocks Slide as Solid GDP and Softer Inflation Vex Rate Cut Bets

Encouraging economic news damped hopes for accelerated rate cuts.

Kiplinger · Oct 30, 2024

Dollar Slips on Euro Strength and Mixed US Economic News

The dollar index (DXY00 ) on Wednesday fell by -0.24%. Strength in the euro weighed on the dollar as the Eurozone Q3 GDP report was stronger than expected. The dollar added to its losses after Wednesday’s economic news showed US Q3 GDP grew less than expected. Losses in the dollar...

Barchart · Oct 30, 2024

Rachel Reeves didn’t scare the markets. But nor did she impress with a growth plan

Businesses adopt a wait-and-see response as it becomes clear the autumn budget is part of a long-term missionBusinesses react to

The Guardian - UK · Oct 30, 2024

Historical benchmarks and milestones in Rachel Reeves’ first Budget

Government investment is forecast to reach the highest sustained level since the 1970s.

The Independent UK · Oct 30, 2024

Dollar Weakens on Euro Strength and Lower T-Note Yields

The dollar index (DXY00 ) today is down -0.27%. Strength in the euro is weighing on the dollar on today’s news that Eurozone Q3 GDP grew more than expected. The dollar added to its losses after T-note yields fell when US Q3 GDP grew less than expected. Losses in the...

Barchart · Oct 30, 2024

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US Economy Achieves Rare 'Soft Landing' Amid Election Uncertainty

US economy achieves soft landing with 2.8% GDP growth in Q3, driven by consumer spending and controlled inflation.

Barchart · Oct 30, 2024

Nasdaq Futures Climb on Upbeat Alphabet Results, U.S. GDP Data and More Big Tech Earnings on Tap

December Nasdaq 100 E-Mini futures (NQZ24) are trending up +0.28% this morning as strong quarterly results from Alphabet boosted sentiment, while investors also awaited a fresh batch of U.S. economic data and earnings reports from “Magnificent Seven” companies Microsoft and Meta.

The Guardian - UK · Oct 30, 2024

US economic growth slows, as Germany avoids recession and France gets Olympics boost – as it happened

Eurozone GDP grew by 0.4% in the last quarter, faster than expected, as Germany’s economy avoids second contraction in a row

International Business Times · Oct 30, 2024

US Economy's Solid Growth Unlikely To Register At Ballot Box

The US economy is set to report another quarter of solid growth Wednesday, less than a week before the presidential election, but analysts say it remains unclear if positive data can sway inflation-weary voters.

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Reason · Oct 29, 2024

Increase in Tariffs Would Trigger Global Economic Decline, Study Finds

A new IMF study finds that a global increase in tariffs could decrease global GDP by nearly 1 percent by 2025 and over 1 percent by 2026.

The Conversation · Oct 29, 2024

Palestine’s economy teeters on the brink after a year of war and unrelenting destruction

The Palestinian economy has been devastated beyond recognition. Israel’s intense military operations in Gaza have led to unprecedented destruction, wiping out much of the enclave’s essential infrastructure, private property and agricultural resources.

The Guardian - UK · Oct 28, 2024

UK loses out on £19bn in annual GDP growth due to lack of social mobility

Co-op/Demos report details how people from lower socioeconomic backgrounds are far less likely to earn good incomes

Kiplinger · Oct 28, 2024

Trump Tariff Plan: Which States Would Be Hit the Hardest?

Donald Trump's tariff policy would substantially increase prices in as many as 20 states.

The Conversation · Oct 28, 2024

GDP is an outdated way of measuring the health of the economy – it doesn’t reflect the health of people or the planet

Economics and economic policy need a rethink. This is clear from the scale of inequality, joblessness, insecurity and environmental disasters we see in the world.

The Guardian - UK · Oct 28, 2024

Lithuanian election winner promises to bolster defence to counter Russia threat

Social Democrat leader says spending should be no less than party’s election manifesto pledge of 3.5% of GDP

Barchart · Oct 28, 2024

Stocks Set to Open Higher as Investors Await Key U.S. Economic Data and Big Tech Earnings

December S&P 500 E-Mini futures (ESZ24) are up +0.37%, and December Nasdaq 100 E-Mini futures (NQZ24) are up +0.48% this morning as investors looked ahead to earnings reports from some of the biggest tech heavyweights as well as key economic data, including a payrolls report, the Fed’s favorite inflation gauge,…

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