Fitch ratings cut global GDP growth forecast for 2025 to 2.3%, down 0.3 percentage points as U.S. tariff hikes are “rapidly ...

Taiwanese President William Lai Ching-te said Thursday that the island’s defense budget will exceed 3% of its economic output as it overhauls its military in the face of the rising threat from China ...

Our ongoing series, "Just the Facts," strives to approach news stories with both an open mind and skepticism, so we may ...

India’s real Gross Domestic Product (GDP) grew 6.2% in the October to December 2024 period, the third quarter of the fiscal year, picking up pace from the 5.6% growth recorded in the previous ...

Growth has remained broadly steady post-pandemic but has not quite returned to the upward trend seen between 2013 and 2019. However, with no growth recorded in Q4 2024, if GDP remains the same or ...

No, argued Simon Kuznets, the Nobel economics laureate who helped create the measure now known as GDP. When the US Department of Commerce started publishing estimates of national output in the ...

The currency for the debate has been defence spend as a % of GDP. This isn’t a good way of working out what we need, but is a helpful shorthand for the debate. In 2024 this was 2.3%, and our ...

Copyright 2025 The Associated Press. All Rights Reserved. People vote during an early voting for Greenlandic parliamentary ...

The path to a trillion-dollar economy may begin with GDP rebasing, but it must culminate in genuine transformation.