The Latest Breaking News from GDP

Hopes of economic rebound are hobbled by wave of strike walkouts

Zero growth in latest GDP figures casts a shadow on the economy

Evening Standard · Apr 13, 2023

Strikes drag UK economic growth to a standstill; mortgage defaults rising as households struggle – as it happened

Latest GDP report shows that civil service and teachers’ strikes held back service sector growth, leading to no growth in February

The Guardian - UK · Apr 13, 2023

UK national debt will continue to rise over next five years, says IMF

Forecast by Washington-based body puts at risk Rishi Sunak’s pledge to cut debt as share of GDP

The Guardian - UK · Apr 12, 2023

Predicted 0.08% boost from UK-Asia trade deal could be overestimate

Trade department used different approach to estimating economic boost which ‘generates larger estimated GDP impacts’

The Independent UK · Apr 10, 2023

Which global economy does your state match up to?

Fortune compares each state to the country with the most similar GDP. Texas, meet Canada; New York, meet Brazil.

Fortune · Apr 10, 2023

Region told to rev up decarbonisation

Southeast Asia needs to accelerate decarbonisation of its global value chains (GVCs) as the region could face up to a 30% loss of GDP annually by 2100 due to climate change, according to the Asian Development Bank (ADB).

Bangkok Post · Apr 6, 2023

Why Britain’s new CPTPP trade deal will not make up for Brexit

The UK recently announced that it will join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), giving British businesses access to the 11 other members of the Indo-Pacific trade bloc and bringing its combined GDP to £11 trillion.

The Conversation · Apr 6, 2023

Fitch Upgrades Saudi Arabia’s Economy to A+

Fitch ratings has upgraded Saudi Arabia’s Long-term foreign-currency issuer default rating (Idr) to ‘A+’ from ‘A’, with stable outlook. This reflects Saudi Arabia's strong fiscal and external balance sheets, with government debt/GDP and sovereign net foreign assets (SNFA) considerably stronger than both the 'A' and 'AA' medians, and significant fiscal…

Asharq Al-Awsat · Apr 6, 2023

Gavin Newsom fact check: Do blue states really have lower crime, better health and higher GDP?

When Gov. Gavin Newsom announced last week that he was launching a new political action committee to stand up against “rising authoritarianism” and regressive policies adopted by Republicans, he lambasted red state leaders for banning books, targeting trans children and stoking racism.

Tribune News Service · Apr 5, 2023

CPTPP: is trade deal first sign of Brexit’s sunlit uplands?

The Government struck a deal to join an 11-member Asia-Pacific trade bloc last week, a step hailed by No. 10 as an example of Britain seizing its “post-Brexit freedoms”. 

The Week · Apr 5, 2023