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The Latest Breaking News from GDP

New Zealand exits recession, but economic troubles linger

GDP grows 0.2 percent in first quarter, buoyed by record immigration.

Al Jazeera

New Zealand exits recession but economic woes remain

New Zealand has posted both quarterly and annual GDP growth of 0.2 per cent, confirming an economy stuck in the doldrums.

AAP

The Guardian view on GDP: a poor measure of what matters in Britain’s economy

Editorial: The public doesn’t understand how economic growth is measured, let alone enjoy much of it. So why is it central to this election?

The Guardian - UK

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EU reprimands France, six others over budget deficits

The European Commission has recommended disciplinary action against France, as well as Belgium, Italy, Hungary, Malta, Slovakia and Poland, for running excessive budget deficits.The EU's Maastricht treaty requires member states to keep public debt below 60 percent and deficits below 3 percent of GDP. Plus, Nvidia has overtaken Microsoft to…

France 24

The problems with climate scenarios, and how to fix them

Faced with the uncertainties surrounding climate change, policymakers and investors need to know what can happen and how likely these outcomes may be. Unfortunately, current scenarios answer only the first question – and at that, only partially. Research carried out at the EDHEC Risk Climate Institute tries to provide approximate…

The Conversation

Soaring Budget Deficit Raises Risk For S&P 500; Can AI Save The Day?

Will the AI boom boost productivity enough to rein in the federal budget deficit? The S&P 500 faces a bumpy ride while we wait for the answer.

Investors Business Daily

For the next prime minister to solve the UK’s productivity problem, they must attract more foreign investment – here’s how

The British economy has a serious productivity problem that will have to be addressed by the next government. According to data from the OECD (the Organisation for Economic Co-operation and Development), productivity measured as GDP per hour worked in the UK only rose 4% between 2015 and 2022. The average…

The Conversation

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Thailand is still attracting fewer visitors than before COVID. But its tourism sector is thriving thanks to AI, savvy marketing, and Season 3 of 'White Lotus'

The tourism sector, which makes up as much as 20% of Thailand's GDP, is maturing post-pandemic.

Fortune

Pharma Stocks Look Cheap. Here's One Way to Invest.

Last year’s projected healthcare spending growth rate of 7.5% outpaced GDP growth for the first time since the pandemic. As an aging population creates more demand for medical care, it opens up opportunities for companies that can come up with new and novel treatments. A good way to invest is…

Barchart

3 Stocks to Buy for Exposure to Emerging Markets

With growing consumer class, rising net capital inflows, and steady GDP growth, emerging markets and economies are poised to experience robust growth. Thus, solid emerging market stocks Taiwan Semiconductor (TSM), Alibaba Group (BABA), and Silicon Motion (SIMO) could be ideal buys. Keep reading.

StockNews.com

Canada Boosting Military Spending To Meet NATO Guidelines

Canada is ramping up defense spending to meet NATO's 2% GDP target by 2029, with a focus on Arctic security and modernization efforts.

Top News

Gallup Poll Shows Unhappy Workers May Hurt Global Economy

A poll by Gallup showed that negative daily emotions at the workplace can have an impact on the global GDP.

International Business Times

Time to Buy: iShares MSCI Brazil ETF Hits Another 52-Week Low

The iShares MSCI Brazil ETF hits its 16th 52-week low of the past 12 months in early Wednesday trading. One of only three ETFs hitting a 52-week low compared to 249 hitting a 52-week high. It’s time to buy EWZ.

Barchart

Stalled UK growth ‘is a blip’ not a new downturn, City experts say

Heavy rainfall during the month was blamed for keeping shoppers away from the high street and delaying work on construction sites

Evening Standard

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The National (Scotland)

UK economy shows no growth in April in latest blow to Rishi Sunak

THE UK economy recorded no growth in April after wet weather dampened consumer spending, according to the Office for National Statistics, in a…

Evening Standard

Economy fails to grow in sodden April in new blow to Rishi Sunak

The latest ONS growth figures come ahead of the Bank of England’s decision on interest rates next week

The Guardian - UK

UK GDP stagnated in wet April; Wall Street hits record high as US inflation falls – as it happened

UK GDP failed to grow in April, as wet weather hit retailers and construction firms

The Guardian - UK

China’s glut of idle property causes headache for the government

The industry that has traditionally powered about a quarter of GDP has been in a downward spiral that policymakers have struggled to halt

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news in one place.

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Evening Standard

Back to flat: GDP growth set to hit zero as the economy struggles to expand

Official numbers for April predicted to make grim reading in Downing Street and add to calls for the Bank of England to cut interest rates

International Business Times

Tourism Buoys Southern Europe's 'Club Med' Nations

Derided as "Club Med" nations during the European debt crisis 15 years ago, the economies of Spain, Greece and Portugal are now outperforming their northern peers thanks to a rebound in tourism.

The Guardian - UK

UK growth since 2010 has been lacklustre and largely driven by immigration, says report

Resolution Foundation report suggests parties are dodging the economic challenges facing the country

Fortune

Remember, the U.S. doesn't have to pay off all its debt, and there's an easy way to fix it, Nobel laureate Paul Krugman says

"Given the political will, we could resolve debt concerns quite easily."

Barchart

Dollar Rallies and Gold Sinks as Fed Rate Cut Hopes Recede

The dollar index (DXY00 ) Friday rose by +0.75% and posted a 1-week high. The dollar jumped Friday on the stronger-than-expected US May payroll report, which reduced expectations for Fed rate cuts. May nonfarm payrolls rose more than expected and May average hourly earnings unexpectedly accelerated, hawkish factors for Fed...

The Guardian - AU

Stagflation: is Australia heading back to the 1970s? Our economics and business writers go head to head

The economy has stalled and inflation remains high. Should we be worried? Guardian Australia’s experts have very different views

Barchart

Dollar Jumps and Gold Tumbles on Reduced Fed Rate Cut Chances

The dollar index (DXY00 ) today is up by +0.69% at a 1-week high. The dollar jumped today on the stronger-than-expected US May payroll report, which reduced expectations for Fed rate cuts. May nonfarm payrolls rose more than expected and May average hourly earnings unexpectedly accelerated, hawkish factors for Fed...

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