The Latest Breaking News from GDP

Ministers to discuss UK joining Pacific trade pact this week, says Downing Street

Trade agreement could give UK tariff-free access to market worth 13% of global GDP

Evening Standard · Mar 29, 2023

Egypt to Raise Food Subsidies Spending by 20% in FY 2023/24 Draft Budget

Egypt expects to raise its allocation for food subsidies by 20% and for petroleum products by 24% in the 2023-24 fiscal year, according to a draft budget approved by the cabinet on Wednesday. The budget forecasts GDP growth at 4.1% and inflation at an average rate of 16% during the…

Asharq Al-Awsat · Mar 29, 2023

Scottish GDP rises by almost 1% in January

CBI Scotland argues that the uplift can’t mask ongoing challenges facing the economy

Insider UK · Mar 29, 2023

Is the 'Climate Time-Bomb' Really Ticking Toward Imminent Catastrophe?

Climate change is a problem, but the IPCC AR6 Synthesis Report is wrong to suggest that humanity is on the brink of catastrophic warming.

Reason · Mar 21, 2023

What is a wellbeing economy and what does it mean for Scotland?

ON Wednesday MSPs are set to hold a debate on Scotland’s transition to a wellbeing economy.

The National (Scotland) · Mar 21, 2023

NATO chief urges members to boost defence spending as only 7 hit target

NATO chief Jens Stoltenberg urged member countries to speed up increases in defence spending as new figures showed fewer than a quarter of them meeting the alliance's target.

Reuters · Mar 21, 2023

Spring Airlines sees recovery in flights

Flights between Thailand and China on Spring Airlines have recovered to 50% of pre-pandemic levels and are expected to resume normal frequencies this year, aided by high demand and a forecast of 5% Chinese GDP growth.

Bangkok Post · Mar 21, 2023

World Bank estimates Syria's three-year earthquake recovery needs at $7.9 billion

The World Bank on Monday said the February earthquakes are expected to have caused Syria's real GDP output to contract by 5.5% in 2023, with recovery and reconstruction needs estimated at $7.9 billion over three years.

Reuters · Mar 20, 2023

Economic growth is not a magic wand for ending poverty

Misguided policies are hurting the poorest in society; our focus should be on reducing inequality not increasing GDP

The Guardian - UK · Mar 20, 2023

Budget 2023: why the UK's fiscal watchdog does not share the chancellor's optimism

UK chancellor Jeremy Hunt confidently described his first budget of 2023 as a “budget for growth”. He went on to offer a fairly upbeat assessment of both economic performance and future prospects, arguing: “The declinists are wrong and the optimists are right.”

The Conversation · Mar 17, 2023