News

South Korea's economy unexpectedly contracted in the first quarter of the year, the country's central bank said Thursday, ...
Century-high tariff levels imposed by President Trump are expected to take a bite out of global economic growth this year, ...
Australia's conservative opposition party leader Peter Dutton, trailing in polls related to the May 3 election, has pledged ...
The International Monetary Fund, a global financial agency tied to the United Nations, predicted that tariffs and escalating trade tensions will impact the U.S. and global economies in 2025. As a ...
Spain will meet NATO's target of spending 2% of gross domestic product on defence this year, much earlier than its previous ...
To overcome this problem, the Fed should drop its current inflation-targeting approach and instead adopt a nominal gross domestic product (NGDP) target. NGDP targeting, never formally adopted by any ...
The International Monetary Fund (IMF) has downgraded Malaysia's real gross domestic product (GDP) growth forecast for this ...
Current economic data indicate that economic growth weakened in the first three months of this year, said Powell on Wednesday. “The data in hand so far suggest that growth has slowed in the first ...
Cyprus' economy expanded by 3.4 percent in real terms in 2024, with gross domestic product (GDP) reaching 33.57 billion euros (38 billion U.S. dollars) at current prices, according to preliminary data ...
Real gross domestic product (GDP) grew 0.4% in January, following a 0.3% increase in December. Both goods-producing and services-producing industries were up, with 13 of 20 sectors rising in January.
Italy will likely be able to increase its defense spending to reach a NATO target of 2% of gross domestic product as early as ...