The Latest Breaking News from GDP

Europe is unlikely to find a solution to an aging population hammering the region’s economy.

Fitch Ratings revised France's long-term outlook to "negative" on Friday while keeping its rating at AA-. The company cited increased fiscal policy risks, with government debt moving toward 118.5 percent of GDP by 2028.

In September 2024, the Federal Reserve made a surprising move by slashing interest rates by 50 basis points—a bigger cut than most economists had predicted. While rate cuts are usually a sign of an economic slowdown, U.S. GDP remains relatively strong, leaving many market watchers puzzled. So, why the rate...

Latinas' economic output surpasses the entire economy of Florida and places Latina economic output behind only California, Texas, and New York.

The French government plans to subject the budget to a €60 billion belt-tightening drive next year in the hope of bringing the deficit down to 5 percent of GDP from an estimated more than 6 percent this year. Two-thirds of that sum are to come from spending cuts, and the…

A year of conflict between Israel and Hamas has resulted in a "devastating impact on the economy" in the occupied West Bank and Gaza, the IMF said Thursday, including a nearly 90 percent drop in Gaza's GDP. "Preliminary official estimates indicate an 86 percent decline in GDP in the first…

Liberia, with a population of just over 5.6 million people, is one of the world’s ten poorest countries, with a GDP per capita of US$662.50. The lingering effects of two civil wars (1989-2003), Ebola outbreaks (2014-2015) and the COVID-19 pandemic (2020) have left Liberia short of achieving widespread development goals.…

European lawmakers call out Trump’s ‘unnecessary bluster and unrealistic demands’ from Taiwan in the face of Chinese aggression

Prime Minister Michel Barnier pledged new taxes and public spending cuts to reduce a "colossal" debt, in a policy address to the French parliament. France's debt reached more than 110 percent of GDP in the second quarter of 2024.