The Latest Breaking News from GDP

In the midst of today’s cost of living crisis, many people who are critical of the idea of economic growth see an opportunity. In their recent book The Future is Degrowth, for example, prominent advocates Matthias Schmelzer, Aaron Vansintjan and Andrea Vetter argue that the post-Covid inflation has predominantly been…

State-backed digital bank Wio announced Tuesday its official launch in the United Arab Emirates, becoming the first platform bank in the region. This step aims to transform banking operating models towards a more digital future. It comes in line with the UAE’s Digital Economy Strategy that aims to double the…

Expected ‘sugar rush’ of tax cuts could knock growth off track by forcing up inflation and interest rates, economists warn

Jordan’s public debt rose 1.6 percent to 29.16 billion dinars ($41 billion) in the first half of 2022 from 28.7 billion dinars at the end of 2021. Its domestic debt reached 13.89 billion dinars at the end of H1, while its foreign debt reached 15.26 billion dinars, according to statistics…

Germany must meet NATO's 2% of GDP military spending target over the long term even after a 100 billion euro ($101 billion) special fund is used up, and accept a military leadership it earlier shied away from, its defence minister said.

Latest GDP growth figures come in lower than the 0.3% expected by most economists

THE UK economy grew by 0.2 in July, which is slower than expected, following a sharp drop in the previous month.

THE UK economy grew by 0.2 in July, which is slower than expected, following a sharp drop in the previous month.

GDP rises by 0.2% in July as worker shortages and inflation weigh on activity

UK economy expanded by 0.2% in July, less than hoped, with growth driven by customer-facing services such as the sports and recreation sector

A year ago, El Salvador became the first country to make Bitcoin legal tender – alongside the US dollar, which the Central American country adopted in 2001 to replace its own currency, the colón.