The Latest Breaking News from GDP

Stocks Move Lower Before the Open as Investors Await Key U.S. GDP Data, Salesforce Earnings on Tap

September S&P 500 futures (ESU23) are down -0.19%, and September Nasdaq 100 E-Mini futures (NQU23) are down -0.28% this morning after three major U.S. benchmark indices rallied on Tuesday as soft economic reports bolstered expectations that the Federal Reserve would pause its interest-rate hikes in September, while investors also braced…

Barchart · Aug 30, 2023

Data | The problems with the Prime Minister’s economic claims

India to become $5trillion economy soon: PM Modi; however, nominal GDP, exchange rate conversions, and skewed income distribution complicate the narrative. In terms of PPP-based GDP, India is already the 3rd largest economy in the world. To attain a dignified living standard for its people, India needs to augment resource…

The Hindu · Aug 29, 2023

Earnings, GDP and Other Can’t Miss Items This Week

Last week was a wild one in the markets. The S&P 500 ended the week basically flat, but that does not do the wild moves this week justice.

Barchart · Aug 27, 2023

Australia to spend less on age pension despite doubling of retirees, intergenerational report shows

Australia on track for pension payments to shrink from 2.3% of GDP to 2% by 2062-63 as superannuation balances balloon

The Guardian - AU · Aug 22, 2023

Age pension cost to ease by 2060s but super tax breaks to swell: Intergenerational report

Australia’s comprehensive superannuation system means spending on the age pension will decline as a proportion of GDP by 2062-63 despite a doubling of Australians aged 65 and over, according to the government’s Intergenerational Report to be released on Thursday.

The Conversation · Aug 22, 2023

Size, population, GDP: The BRICS nations in numbers

Officials from Brazil, Russia, India, China and South Africa gather in Johannesburg on Tuesday for a three-day BRICS summit, a five-nation club comprising 40% of the world’s population and more than 25 percent of global GDP that positions itself as an economic counterweight to the West. Almost 15 years on…

France 24 · Aug 22, 2023

'Care' economy to balloon in an Australia of 40.5 million: Intergenerational Report

Australia’s care economy could increase from its present about 8% of GDP to about 15% in 40 years, according to the government’s Intergenerational Report, to be released by Treasurer Jim Chalmers on Thursday.

The Conversation · Aug 20, 2023

The issue is not about India’s GDP, but its JDP

There is a big dissonance between GDP growth and its translation into actual jobs and incomes for people

The Hindu · Aug 18, 2023

Scrap PPP model in ICAR, says Bharatiya Kisan Sangh

Bharatiya Kisan Sangh (BKS), an RSS offshoot, calls for cancellation of ICAR's provision of private-public participation (PPP) in research, citing insecurity of senior scientists.

The Hindu · Aug 18, 2023

Are these really the world’s happiest countries?

And why are so many of them often rich, Western nations?

Al Jazeera · Aug 18, 2023