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The Latest Breaking News from GDP

Thailand affirmed at BBB+, outlook stable

Fitch Ratings has affirmed Thailand's long-term foreign-currency issuer default rating (IDR) at BBB+ with a stable outlook. Among the key ratings drivers are:

Bangkok Post · Jul 14, 2023

Jeremy Siegel says we are in a 'Goldilocks economy' and the Fed doesn't need to raise interest rates anymore

“It’s a Goldilocks economy—strong economic growth and falling inflation,” the veteran market watcher told CNBC Friday.

Fortune · Jul 14, 2023

Agri & allied sector contribution to GDP can further rise by strengthening marketing; FPOs are key: Amit Shah

Coop. Min. Shah urges FPOs, PACS to work in hybrid model to enhance GDP, create jobs. FPOs can link to PACs to provide services to members, share info, marketing & profit. Modi govt. has increased budget, MSP & strengthened procurement ops. to boost farmers' income.

The Hindu · Jul 14, 2023

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Delay poses risks to the economy

The University of the Thai Chamber of Commerce (UTCC) expects a prolonged delay in the selection of a prime minister and formation of a new government, leading to protests that, if violent, will significantly affect tourism revenue, causing a loss of 500 billion baht, or a one percentage point decline…

Bangkok Post · Jul 14, 2023

Fast-rising borrowing costs putting UK public finances at great risk, warns OBR

Gloomy report says national debt could exceed 300% of GDP within next 50 years

The Guardian - UK · Jul 13, 2023

UK GDP: mortgage payers’ worst fears are likely to come true

Cycle of interest rate rises are expected to continue after better than forecast economic data

The Guardian - UK · Jul 13, 2023

FTSE 100 Live: UK GDP down by 0.1% as sterling tops $1.30, shares climb

Burberry has revealed a strong start to its financial year as the luxury goods group sees a surge in demand from Chinese consumers.

Evening Standard · Jul 13, 2023

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Rishi Sunak's key pledge dealt a blow as UK economy shrinks

RISHI Sunak’s core pledge to “grow the economy” has been dealt a blow after the latest statistics showed the UK economy contracted over the…

The National (Scotland) · Jul 13, 2023

Pound hits 15-month high as UK GDP shrinks in May; sickness threat to economy – business live

UK GDP report for May shows that factory output and construction shrank during the month, with some blaming extra bank holiday

The Guardian - UK · Jul 13, 2023

‘Cause for concern but not panic’ — UK economy shrinks by 0.1% in May as bank holidays hit GDP

The extra bank holiday in May for the King’s coronation played a part in the decline

Evening Standard · Jul 13, 2023

UK economy shrinks by 0.1% in May after coronation festivities

GDP fell month on month after growth of 0.2% in April, reports ONS

The Guardian - UK · Jul 13, 2023

Six killed in Kenya at anti-tax hike protests

In tonight's edition: Kenya warns demonstrators that they'll be met with a short fuse from authorities as at least six people are killed in clashes with police during banned anti-tax rallies. Also, the mystery of a possibly missing migrant boat deepens as Senegal denies the claims of a Spanish NGO…

France 24 · Jul 12, 2023

Volatile politics set to hit economy

Kasikorn Research Center (K-Research) expects the domestic political situation to be a key factor affecting the Thai economy in the second half of this year.

Bangkok Post · Jul 12, 2023

TAT upbeat on obtaining full budget in 2024

The Tourism Authority of Thailand (TAT) hopes its proposed budget for fiscal 2024 will not be cut as it attempts to drive a full recovery, generating 3 trillion baht in tourism income and increasing the GDP contribution to 25% by 2027.

Bangkok Post · Jul 12, 2023

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The Conversation · Jul 12, 2023

After being a 'welcome guest' at NATO, NZ now needs to consider what our partnership with the alliance really means

As a “welcomed guest” at the latest NATO summit in Lithuania, New Zealand Prime Minister Chris Hipkins had a front-row seat for debates over Ukrainian membership, the role of countries outside NATO’s traditional geographic boundaries, the ongoing threat of China, military spending and an accelerating nuclear arms race.

The Independent UK · Jul 11, 2023

Truss’s taskforce claims average Briton £10,000 worse off than US counterpart

The Growth Commission launched on Wednesday, suggested ‘consistent growth levels’ of 3% by 2040 are achievable.

Zenger · Jul 11, 2023

‌Bank Of Israel Maintains Steady Interest Rate As Inflation Shows Signs Of Moderation‌

‌Research Department at the Bank of Israel predicts 3% growth in GDP in 2023 and 2024 with delayed impact from monetary restrain‌

France 24 · Jul 11, 2023

NATO Summit: How the Alliance is strengthening its eastern flank

Along with seeking a compromise for Ukraine’s entry into NATO, leaders at the Vilnius summit are on a quest to bolster the Alliance’s eastern front.

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France 24 · Jul 11, 2023

At Vilnius summit, NATO members to pledge minimum defence spending of 2% of GDP

NATO's 31 members are meeting in Lithuania's capital for a summit where they will discuss a new financial commitment to the Alliance. On Friday, Secretary General Jens Stoltenberg said member states will "invest a minimum of 2 percent of GDP annually on defence". In this segment, we see that so…

The Hindu · Jul 10, 2023

AI’s disruptive economic impact, an India check

Artificial Intelligence could be highly disruptive, but growing advancements in AI are now a reality and being equipped with the latest tools will be an advantage

Bangkok Post · Jul 10, 2023

Krungsri hosts Japan-ASEAN Startup Business Matching Fair 2023

In Thai national economy, there are more than 3 million micro, small, and medium-sized enterprises. They account for approximately 35 percent of the country’s GDP and above 70 percent of employment. Both the government and private sectors have been supporting startup and small business development for many years, while also…

Fortune · Jul 7, 2023

3 things that could still go wrong for the U.S. economy, Bank of America’s chief economist says

Despite recent bullish economic data, Michael Gapen says he still expects a “mild recession” by the start of 2024.

The Hindu · Jul 7, 2023

Fisheries sector is key for growth of country’s GDP, says Union Minister

Union Minister for Earth Sciences Kiren Rijiju said that the fisheries and aquaculture sector is going to play a key role in the growth of the country’s Gross Domestic Product (

The Guardian - UK · Jul 7, 2023

Missions v priorities: how Starmer’s policy goals compare with Sunak’s

As the Labour leader completes his key pledges, we compare them with the prime minister’s – and assess how firm they are

Kiplinger · Jul 7, 2023

Risk of Fall Government Shutdown: Kiplinger Economic Forecasts

The latest Congress stalemate risks a government shutdown in October 2023, spending cuts and a dent in GDP growth.

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