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The Latest Breaking News from GDP

Heathrow third runway GDP yield may be 90% less than previous estimates

Department for Transport analysis suggests tiny economic boost would be outweighed by up to £62.5bn in trade-offs

The Guardian - UK

Extreme heat in Europe: Which countries face the biggest costs?

France, Spain and Italy are among the European economies most exposed to the growing economic costs of extreme heat, which could reduce output by as much as 7% in some countries by 2030, Allianz Trade estimates.

Euronews

Brent crude expected at USD 90-95/barrel, raising India's CAD risk: Crisil

India's current account deficit is projected to widen significantly. Higher crude oil prices are expected to drive this increase. This will put pressure on the economy. Experts anticipate Brent crude to average between USD 90-95 per barrel this fiscal. This is a substantial rise from previous levels. The deficit is…

The Economic Times

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Average Thai household income declined in 2025

Thailand’s average household income declined in 2025, while lower-income households increasingly relied on financial assistance, according to several research institutions.

Bangkok Post

UK to show ‘strong commitment’ to defence amid Nato chief’s challenge

Mark Rutte has called on Nato allies to ‘present clear, concrete and credible plans’ for how they are raising defence spending to 3.5% of GDP.

Evening Standard

Parliamentary panel moots higher education spending, says NEP's 6% GDP target unmet

A parliamentary committee has flagged current higher education funding as inadequate. It urges an increase to six percent of GDP, aligning with the National Education Policy-2020. The committee noted a lack of significant growth in enrollment ratios. The government stated allocations are based on departmental needs and within budget ceilings.

The Economic Times

Polish civilians take army training course amid spectre of war with Russia

Poland, which is regularly targeted by Russian hybrid attacks, takes the threat of war with Moscow very seriously. The country now spends nearly 5 percent of its GDP on defence, and aims to train its civilians too, so they will know how to react if war breaks out. To this…

France 24

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How Brexit is estimated to have hit the UK economy

Britain's economy shows weak growth since leaving the European Union. Various researchers estimate significant losses in GDP, productivity, and investment. These impacts stem from increased business uncertainty and reduced trade. New trade deals are not expected to offset these effects. The long-term outlook points to a smaller economy compared to…

The Economic Times

European defence spending: Poland spends larger share of GDP than US

Defence spending across European NATO is at its highest since the Cold War, with countries closest to Russia spending the most. But the continent is splitting between front-line states racing towards 5% of GDP and a large group doing the bare minimum.

Euronews

NZ’s health spending isn’t enough for current, let alone future needs – we’ve calculated the shortfall

Health usually accounts for one of the largest expenditures in annual budgets, as it did in Budget 2026.

The Conversation

New savings accounts could lift SET to 1,800

The proposed Thailand Individual Savings Account (TISA) scheme could be launched in the third or fourth quarter this year, creating a new growth path that could lift GDP growth to 4% and push the benchmark stock index towards 1,800 points, says the Federation of Thai Capital Market Organizations (Fetco).

Bangkok Post

UK will have to ‘dial back’ military plans without more funding, says chief of defence

Rich Knighton tells Lords committee he is ‘most concerned’ about impact on day-to-day military activities

The Guardian - UK

The era of trillionaires will be dire for democracy. Here is how we can fight back

There is a fundamental tension between extreme wealth and the very possibility of democracy. That’s because extreme wealth is always an extreme power

The Guardian - US

5 Stocks Built to Thrive in a Higher-for-Longer Economy

These five stocks are positioned to benefit from persistent inflation, elevated interest rates, and strong nominal economic growth.

MarketBeat

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MyLifeXP

What Rahul Gandhi Saw That Triggered the Tsunami Warning

Is India standing on the edge of an economic crisis, or is the country continuing its growth story despite global challenges? That question has suddenly become the center of a heated political battle after Leader of Opposition Rahul Gandhi warned of an approaching "economic tsunami." His remarks sparked strong reactions,…

The Economic Times

CEA Nageswaran cites East Asia, says protection must be tied to productivity and global competitiveness

Chief Economic Advisor V Anantha Nageswaran highlighted that East Asian economies like China, South Korea, and Vietnam succeeded by offering conditional government support to domestic industries. This support was contingent on demonstrable performance, productivity, and international competitiveness, with aid withdrawn if these metrics weren't met. Nageswaran emphasized this 'protection for…

The Economic Times

CEA defends India's GDP data, says country does not use methodology changes to inflate growth numbers

Nageswaran responded to concerns raised by some economists over India's GDP estimates, stressing that GDP measurement is an estimate in every country and that India follows internationally accepted statistical practices.

The Economic Times

India has capacity to repay 94% of its foreign debt in a single day, says Devendra Fadnavis

Maharashtra CM Devendra Fadnavis dismissed economic slowdown fears, stating India can repay 94% of foreign debt in a day and has reserves for 11 months of imports. He highlighted India's robust GDP growth, remaining the world's fastest-growing economy despite recession predictions, and its emergence as the fourth-largest economy.

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The Economic Times

FIFA 2026 is so much more than football

The 2026 Football World Cup is a significant economic event, contributing billions to global GDP. For India, this translates into measurable market impacts, from media rights deals boosting stocks to increased activity in travel, food delivery, and consumer electronics. Smart investors recognize these events as demand signals, shifting towards opinion-led…

AAP

What Elon Musk's trillion means in real terms

Catapulted by the market debut of his rocket company SpaceX, Elon Musk is now the world's first trillionaire

The Economic Times

What Elon Musk's trillion would mean in real terms

Elon Musk is poised to become the world's first trillionaire. This unprecedented wealth accumulation follows the market debut of his company SpaceX. The article highlights the immense scale of a trillion dollars. It compares this sum to global economic indicators and everyday purchases. This development underscores a growing wealth gap.

The Independent UK

$1 trillion could buy millions of US homes. Here’s how to contextualize the mass wealth

This surge in extreme wealth occurs while more people worldwide struggle to pay everyday bills

The Independent UK

How much is the Government spending on defence compared to other priorities?

The government has pledged to allocate 3.5% of GDP to defence by 2035

Evening Standard

The UK economy contracted by 0.1% in April

In the three months to April, GDP grew by 0.7 per cent, according to the Office for National Statistics

Euronews

Lagarde defends ECB interest rate hike as ‘robust across three scenarios’

Critics worry the decision to keep rates high could hit productivity and keep inflation from returning to target levels until 2027.

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