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Sweden and the Netherlands say before NATO summit they will spend 5% of GDP on defense
Sweden and the Netherlands say they intend to increase defense spending to 5% of their gross domestic product in line with ...
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 ...
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 ...
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 ...
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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 ...
Japan’s Economy Remains at Risk of Technical Recession, Data Shows
The Japanese economy shrank less than initially estimated in the first quarter but remains at risk of technical recession, ...