The Latest Breaking News from GDP

London’s housing stock is worth almost as much as Italy’s annual GDP

Egypt, the UAE, Jordan, and Bahrain signed 12 agreements and partnerships in nine integrated industrial projects with an investment value of more than $2 billion at the third Higher Committee meeting of the Industrial Partnership for Sustainable Economic Growth in Amman, Jordan. The projects are expected to boost the national…

When Russia invaded Ukraine a year ago, the shelves of the Novus supermarket chain in Kyiv quickly emptied as its supply chains - domestic and overseas - collapsed. Fresh produce became scarce and panic buying spread.

As disconcerting as the U.S.’s current debt situation is, the outlook is even worse. When the bipartisan Congressional Budget Office updated its forecasts this month, it estimated that debt held by the public will climb to $46 trillion by 2033 from $31 trillion currently. This puts the country one step…

The issues that led Sri Lanka to become an economic basket case in 2022 serve as a warning for other nations.

Eye-watering government debt makes for good headlines, but how much is too much is far less clear.

When nations get caught in spiralling debt, it’s future generations who will end up paying the price.

Pakistan faces a wave of problems on multiple fronts, but its growing debt can no longer be overlooked as inflation soars and foreign reserves crumble.

Despite nine sets of sanctions imposed by the European Union, the Russian economy only experienced a small contraction of its GDP in 2022. The "resilience" of the Russian economy was hailed on Tuesday by President Vladimir Putin during his state of the nation address. However, certain Western observers and politicians…

Increasing profits going to corporate Australia account for more than two-thirds of the nation's inflation problem, according to new research from the Australia Institute.

The revised estimate marked a deceleration from the 3.2 percent growth rate from July through September.