The Latest Breaking News from GDP

The Oxford Dictionary defines a recession as a period of temporary economic decline during which trade and industrial activity are reduced, generally identified by a fall in GDP in two successive quarters. It is also defined as a period of declining economic performance across an entire economy that lasts several…

The SPDR S&P 500 ETF Trust (NYSE: SPY) has taken a big hit so far in 2022. Negative U.S. GDP growth in the first quarter has investors increasingly spooked that inflation and aggressive Federal Reserve tightening could push the economy into a recession.

The COVID-19 pandemic has dealt a catastrophic blow to Canada’s charitable and non-profit sector. Representing almost nine per cent of the country’s GDP and employing over two million people, the sector experienced an overwhelming demand for services with fewer staff and even less volunteers to meet increased demand during the…

Japan is proposing to double its defence budget to around £86 billion, or 2% of its GDP. This move – like recent pledges by Germany to massively increase its military spending in the wake of Russia’s invasion of Ukraine – brings the country full circle since it was militarily neutered…

Economists have shaped the modern world in many ways. Governments make policy choices in response to the data that we produce about things like GDP and inflation. Social media companies use our insights about human behaviour to create features that encourage people to use their platforms. And we’re at the…

For India to increase remittances’ contribution to GDP, it doesn’t need more workers but skilling and better management

₹28,000 crore spent on irrigation projects in arid Palamur region, says Minister

The second leaders' debate on the Nine Network was full of accusations and acrimony. RMIT ABC Fact Check cuts through the shouting to bring you the facts.

Navid Hanif, Director of Financing for Sustainable Development Office at the United Nations, said that the Middle East and North Africa region would need to spend at least 8.2 percent of GDP to achieve infrastructure goals by 2030. “With the population of the Middle East and North Africa expected to…

The world's richest nations must implement their promises to keep alive a global goal to avoid the worst impacts of climate change, US climate envoy John Kerry told Reuters on Saturday. Kerry said progress was vital as Egypt prepares to host the next round of UN climate talks, known as…

The west has to dramatically “reboot” its approach to dealing with aggressors in the wake of Russia’s invasion of Ukraine, according to UK foreign secretary Liz Truss. “Geopolitics is back”, she told an audience at the Mansion House in London recently in what has been reported as a major foreign…