News

Trump's trade war could drag global economic growth to the lowest since the 1960s, World Bank says
The World Bank says tariffs will hurt global growth, estimating that the trade war will shave almost half a percentage point ...
Canada plans to hit NATO spending target early and reduce reliance on US defense, Carney says
Canada will meet NATO’s military spending guideline by early next year and diversify defense spending away from the United ...
US Wholesale Inventories in April Revised Higher
Inventories, a key part of gross domestic product, climbed 0.3% in March. They advanced 2.3% on a year-over-year basis in ...
Bank of Spain Cuts GDP Forecast as US Tariffs Cloud Outlook
The Bank of Spain lowered its 2025 growth forecast for the country, citing a high level of economic uncertainty due to US ...
Russian Budget Deficit for January-May Was 1.5% of GDP
Russia raised the 2025 budget deficit estimate to 1.7% of gross domestic product in April from 0.5% after reducing the energy ...
Nikkei Asia2h
AI robots will narrow China's GDP gap with the US, says think tank
In a long-term economic forecast released on Thursday, the Japan Center for Economic Research predicts that by the end of the 2050s, China's real GDP will be 3.5 times the size it was in 2024. The gap ...
KTEN22h
April was a bad time for Britain’s economy. Trump’s tariffs are a big reason why
Britain’s economy shrank by the most in nearly two years in April, when President Donald Trump’s tariffs also caused UK goods exports to the United States to ...
Capital Market on MSN6d
Indias Gross Domestic Product to grow at 6.5% for in FY26
The Reserve Bank of India (RBI) has projected India's Gross Domestic Product (GDP) growth at 6.5% for 2025-26, with domestic ...