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The Latest Breaking News from GDP

Learn about Brazil's public sector debt challenges and the need for fiscal discipline to ensure economic stability and growth.

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Budget 2024: UK taxes head for highest level since 1948 despite Hunt’s NI cut

Borrowing and stealth taxes fund £14bn giveaway, but public spending squeeze looms after election

The Guardian - UK

Chancellor to raise UK government borrowing to fund budget measures – OBR

Office for Budget Responsibility says national insurance and tax cuts will be paid for by average £8bn-a-year borrowing to 2028-29

The Guardian - UK

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Potentially Double Your Investments With These 3 Financial Stocks

The strong US economic expansion in 2023, surpassing GDP estimates, is expected to benefit the financial industry by boosting lending, investment activity, and profitability for financial institutions. Hence, fundamentally solid financial stocks ORIX Corporation (IX), FLEETCOR Technologies (FLT), and Jiayin Group (JFIN) might be ideal buys for solid gains. Read…

StockNews.com

Indonesia's School Lunch Project Boosts GDP Growth

Indonesia's GDP set to rise by 2.6% in 2029 through a strategic lunch project focusing on school children's nutrition for economic growth.

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RBI Chief Forecasts India's GDP Growth Near 8%

RBI chief's positive outlook on India's GDP growth close to 8% amid pandemic challenges.

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Germany's Ifw Kiel Cuts 2024 GDP Forecast

Learn about Germany's IfW Kiel economic institute's revised GDP forecast and its implications for the economy.

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Australia’s economy has slowed to a halt. It’s time for the Reserve Bank to take its foot off the brake

The country ended 2023 teetering on the brink of recession, with essentially only population growth keeping things going

The Guardian - AU

Budget in five charts: what will underpin Jeremy Hunt’s statement?

Falling inflation and so-called fiscal headroom will guide a chancellor keen to heed calls from Tories for tax cuts

The Guardian - UK

GDP figures show Australia’s economy grew by just 0.2% in the December quarter

Treasurer Jim Chalmers had been preparing the public for ‘quite weak’ economic growth at the end of 2023 as interest rate rises hit home

The Guardian - AU

China's Economic Woes Far From Over, Despite Optimistic Growth Goal

Beijing's leadership on Tuesday laid out an objective of "around five percent" gross domestic product (GDP) growth this year -- a dream of many developed Western nations but for China a far cry from the breakneck expansion that powered its rise.

International Business Times

What are the UK’s ‘fiscal rules’ and why is the OBR under attack?

The Treasury watchdog is seen by some Tories as a block to tax cuts – and could be ignored by Jeremy Hunt

The Guardian - UK

China sets challenging GDP target in face of regional tensions and ageing population

Economists say 5% target is ambitious, as premier Li Qiang tells annual gathering that global economy and problems at home are presenting hurdles to recovery

The Guardian - AU

China's Leaders Set Five Percent Growth Goal For 2024

China on Tuesday set a growth target of five percent, in line with last year's GDP but a far cry from the double-digit expansion that for years drove the world's second-largest economy.

International Business Times

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Panama GDP Growth To Slow In 2024 Due To Mine Closure

IMF projects Panama's GDP growth to slow to 2.5% in 2024 due to the closure of the First Quantum mine, highlighting the need for diversification and collab...

The Hindu

Facts and statistics: On the national income data released by the National Statistical Office

There must be a sober analysis of the real state of the economy that draws on multiple statistical sets

The Guardian - UK

Tax and spending cuts will backfire, economists warn Jeremy Hunt

Former Treasury aides say the chancellor is courting danger on UK debt and that fiscal rules must go

The Hindu

Govt. failed to realise 'Make in India' due to 'complete inaction', says Congress chief Kharge

Posing several questions, the Congress chief asked why the value added by manufacturing in India’s GDP declined from 16% to 13% over the past decade.

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The Guardian - UK

The Conservatives’ economic record since 2010 in 10 charts

From a huge budget deficit to weak GDP and a record rise in tax, we look at the background to the Tory budget

Top News

India's Q3 GDP Growth Boosted By Subsidy Reduction

India's economy shows growth in Q3 with subsidy reduction driving positive economic trends.

Top News

Taiwan Raises 2024 GDP Forecast Amid Export Recovery

Taiwan's economy shows resilience as GDP growth forecast for 2024 is revised upwards, driven by export recovery and government stimulus measures.

Barchart

Stocks Finish Lower Ahead of Thursday’s Core PCE Deflator Report

The S&P 500 Index ($SPX ) (SPY ) on Wednesday closed down -0.17%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down -0.061%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -0.54%. Stock indexes on Wednesday posted moderate losses. Long liquidation pressure from recent record...

Barchart

Dollar Ends Higher as Stocks Retreat

The dollar index (DXY00 ) on Wednesday rose by +0.13% and posted a 1-week high. Weakness in stocks on Wednesday has boosted liquidity demand for the dollar. Also, hawkish comments Wednesday from Fed Presidents Williams, Bostic, and Collins undercut precious metals when they said they favored waiting before cutting interest...

The Hindu

Multi hazard vulnerability map for coastline under preparation, says Secretary of MoES

Government of India working on multi hazard vulnerability map for coastline to improve marine sector contribution to GDP.

Barchart

Stocks Decline Ahead of Thursday’s Key Inflation Report

The S&P 500 Index ($SPX ) (SPY ) this morning is down -0.15%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.21%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.49%. Stock indexes this morning are moderately lower. Long liquidation pressure from recent record...

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