market value of goods and services produced within a country
Russians strike closer to Polish border, port city reels: MARIUPOL, Ukraine (AP) — Russian forces struck a military training base in western Ukraine on Sunday ...
apnews.com/article/russia-ukraine-kyiv-europe-chechnya-b1ce8f7db6408fc78e9204385b6dc754
The economy grew a disappointing 1.6% in Q1. What does it mean for interest rates?
usatoday.com/story/money/2024/04/25/gdp-report-first-quarter/73437532007/
Quick Glance: Disappointing Q1 Economic Growth and Implications
- The U.S. GDP grew at a rate of 1.6% in the first quarter, falling below expectations due to slower inventory replenishment and weak export growth.
- Despite the disappointing growth last quarter, this could potentially alter the views of Fed officials who were not keen on cutting rates following an upsurge in consumer prices.
- Some analysts believe that the weaker-than-expected report indicates the beginning of a broader economic slowdown.
- The report also highlights the performance of other sectors of the economy, such as the surge in housing construction, business investment growth, slower government spending, and the impact of trade on economic growth.
Stock market today: GDP growth weaker than expected to start the year: The US economy grew at an annualized rate of 1.6% in the first three months of the year ...
markets.businessinsider.com/news/stocks/stock-market-today-q1-gdp-sp500-earnings-meta-microsoft-alphabet-2024-4
Analysis: French Expert’s Claims Ukraine’s F-16s and Pilots Won’t be ‘Up to the Job’ Disproved
kyivpost.com/analysis/31630
Ukrainian evangelical pastors show resilience while facing persecution from Russian forces
pbs.org/newshour/show/ukrainian-evangelical-pastors-show-resilience-while-facing-persecution-from-russian-forces
Sunak announces increase in defence spending to 2.5% of GDP by 2030: The prime minister said the world is "the most dangerous it's been since the end ...
bbc.com/news/av/uk-politics-68884595
Quick Glance: Increase in UK defence spending by 2030
- Prime Minister Rishi Sunak commits to raising spending to 2.5% of GDP, putting the defence industry on a 'war footing'.
- Sunak emphasized the need for deeper stockpiles of munitions and quicker replenishment due to the events in the Ukraine conflict.
- The planned increase in defence spending would require significant financial reshuffling, partly through announced measures to reduce the size of the civil service.
- Shortly after announcing the pledge to send weapons worth 500 million pounds to Ukraine, this commitment followed.
NATO target for defence spending should rise due to 'more dangerous world', Grant Shapps says
news.sky.com/story/nato-target-for-defence-spending-should-rise-due-to-more-dangerous-world-grant-shapps-says-13121877
US economy grew slower than expected at the start of 2024: Gross domestic product, the broadest measure of goods and services produced across the economy ...
foxbusiness.com/economy/us-gdp-economy-first-quarter-2024
What to read about India’s economy: Can it emulate China’s past manufacturing success—and should it even try?
economist.com/the-economist-reads/2024/04/22/what-to-read-about-indias-economy
Yellen: Subpar U.S. growth may get revised up, inflation will ebb: U.S. economic growth for the first quarter could be revised higher and inflation will ease to ...
reuters.com/markets/us/yellen-says-economy-performing-well-inflation-will-ebb-2024-04-25/
Mark Zuckerberg asked for patience during Meta's earnings meeting and the stock market responded. The company saw $170 billion worth of equity wiped out ... Show more trib.al/5UKISh4
US Treasuries Slide After GDP Data as Inflation Pressures Temper Fed Rate Cuts: Treasuries slid as signs of sticky price pressures in a reading of first-quarter ...
bloomberg.com/news/articles/2024-04-25/treasuries-drop-as-first-quarter-price-pressures-temper-fed-cuts
Shehbaz Sharif is 'ashamed' as Bangladesh edges Pakistan in economic growth
wionews.com/south-asia/shehbaz-sharif-is-ashamed-as-bangladesh-edges-pakistan-in-economic-growth-714891
Cooler US GDP Growth Obscures Resilient Demand From Consumers, Businesses: The surprisingly sharp downshift in US economic growth last quarter masked otherwise ...
bloomberg.com/news/articles/2024-04-25/cooler-us-gdp-growth-obscures-resilient-demand-from-consumers-and-businesses
NATO’s defence spending should go toward countries that need it, not to ourselves
theglobeandmail.com/opinion/article-natos-defence-spending-should-go-toward-countries-that-need-it-not-to/
US GDP: Strong Economy Doesn’t Make the Fed’s Job Harder: The past year has shown that it is possible to have a rapid decrease in inflation along with low ...
bloomberg.com/opinion/articles/2024-04-25/us-gdp-strong-economy-doesn-t-make-the-fed-s-job-harder
Paid articlePaid
Tepid economic data weighs on equities; yen sinks to fresh lows: Stocks snapped a three-day winning streak on Thursday as disappointing forecasts from Facebook ...
reuters.com/markets/global-markets-wrapup-1-2024-04-25/
16 million Californians use TikTok. Soon, it could go away. What would that mean?
sacbee.com/news/politics-government/capitol-alert/article287974225.html
Quick Glance: Biden Signs TikTok Ban Bill Into Law, ByteDance Forced to Sell
- After signaling his intention, President Joe Biden signs the foreign aid package including the TikTok ban bill into law.
- The U.S. Senate passes a bill forcing ByteDance to sell TikTok or face a ban.
- ByteDance has nine months to sell TikTok to comply with the law.
- The U.S. government has been persistent in trying to ban TikTok due to national security concerns.
GDP Numbers: U.S. Economy Grew Far Less Than Projected in the First-Quarter: The Bureau of Economic Analysis released its first estimate of the ...
on.barrons.com/49UeR5W
What might a serious growth agenda look like? More labour, more capital, and more incentive to use both wisely
theglobeandmail.com/opinion/article-what-might-a-serious-growth-agenda-look-like-more-labour-more-capital/
Paid articlePaid South Korea Q1 GDP growth smashes estimates, but outlook's uncertain: The South Korean economy grew at the fastest pace in more than two years in the first ...
reuters.com/markets/asia/south-korea-q1-gdp-13-qq-beating-forecast-2024-04-24/
Quick Glance: South Korea Q1 GDP Growth Exceeds Estimates
- The South Korean economy grew faster than expected in the first quarter, driven by an increase in domestic consumption and robust exports. However, the sustainability of the recovery was questioned.
- GDP for the January-March quarter grew by 1.3%, marking the sharpest expansion since the fourth quarter of 2021 and surpassing all forecasts.
- Growth in domestic demand was the main factor behind the stronger-than-expected GDP, with private consumption increasing by 0.8%. Analysts expressed uncertainty regarding the long-term strength of economic growth.
- Despite a rebound in exports and an increase in government spending, uncertainty remains regarding inflation outlook and monetary policy, as the Bank of Korea reconsiders its economic growth projections for 2024.
U.S. economy grew at 1.6 percent annual rate in first quarter 2024, a sharp slowdown
washingtonpost.com/business/2024/04/25/gdp-2024-economy-growth/
Europe can't afford another austerity crisis: Europeans are calling for leadership, not cowardice. This is not the time for quick fixes and old approaches ...
euronews.com/business/2024/04/25/europe-cant-afford-another-austerity-crisis
Gross domestic product: How tourism strengthens Europe: Tourism makes an important contribution to GDP not only outside but also within Europe ...
fvw.de/touristik/destination/uebersicht-der-tourismus-als-bollwerk-des-wohlstands-in-europa-242561
Paid articlePaid
Wall Street Breakfast: AI Frenzy: This article discusses Meta’s stock slump on disappointing guidance and heavy AI spending, upcoming U.S. GDP data ...
seekingalpha.com/article/4686007-wall-street-breakfast-ai-frenzy
Finance Ministry: Government cuts will offer economic relief, but won't solve debt problems
yle.fi/a/74-20085673
Household debt set for new peak: India's household debt hits record high at 39.1% of GDP, driven by non-housing loans, says analysis.
financialexpress.com/policy/economy/household-debt-set-for-new-peak/3466349/
Five Things You Need to Know to Start Your Day: Americas: Good morning. Tech stocks struggle after Meta disappointment, earnings season continues apace and ...
bloomberg.com/news/newsletters/2024-04-25/five-things-you-need-to-know-to-start-your-day-americas
Can the US manage escalating debt without triggering a fiscal crisis?: The US is grappling with record $34.5 trillion debt, triple the eurozone's ...
euronews.com/business/2024/04/25/can-the-us-manage-its-escalating-debt-without-triggering-a-fiscal-crisis
US GDP Report Set to Highlight Immigration-Driven Economic Boom: Initial data on US gross domestic product for the first quarter of 2024 is set to confirm an ...
bloomberg.com/news/articles/2024-04-25/us-gdp-report-set-to-highlight-immigration-driven-economic-boom
Paid articlePaid
Taiwan 2024 GDP forecast is 3.29% | Taiwan News | Apr. 25, 2024 14:16
taiwannews.com.tw/en/news/5673279
Sri Lanka’s Debt Restructuring Talks With Private Bondholders Hit a Snag: Is the government quibbling over small details to signal to the public that it is ...
thediplomat.com/2024/04/sri-lankas-debt-restructuring-talks-with-private-bondholders-hit-a-snag/
Rupee may struggle on higher US bond yields, weak Asian cues: The Indian rupee is expected to broadly struggle on Thursday amid an uptick in U.S ...
reuters.com/markets/currencies/rupee-may-struggle-higher-us-bond-yields-weak-asian-cues-2024-04-25/
Poland’s Duda insists on NATO allies to spend 3% of GDP on defence: Polish President Andrzej Duda has urged other NATO countries to increase their respective ...
euractiv.com/section/politics/news/polands-duda-insists-on-nato-allies-to-spend-3-of-gdp-on-defence/
Stock market today: US stocks mixed ahead of GDP data, fresh earnings: Meta Platforms will report earnings after the closing bell, with Microsoft and Alphabet on ...
markets.businessinsider.com/news/stocks/stock-market-today-economy-outlook-gdp-earnings-q1-tech-rally-2024-04
Stock Market Today: Dow, S&P Live Updates for April 24: A $250 billion exchange-traded fund tracking the Nasdaq 100 got hit in late hours after Meta Platforms ...
bloomberg.com/news/articles/2024-04-23/stock-market-today-dow-s-p-live-updates
Paid articlePaid -Blinken in Shanghai-Turkey rate decision
-US GDP
-Earnings
-NFL draft
Here's what to watch tomorrow www.bloomberg.com/markets
All NATO members should increase defense spending to 2.5%, says UK defense chief: 'We think (that) in a more dangerous world, that would make sense ...
yenisafak.com/en/world/all-nato-members-should-increase-defense-spending-to-25-says-uk-defense-chief-3682010
Paid articlePaid Shadow environment secretary Steve Reed says Labour is aiming to match the current government’s aim to spend 2.5% of GDP on defence by the end of the decade ... Show more #politics #defence #labour #conservative
Sunak promise to boost UK defence spending raises prospect of cuts : Economists and opposition question how government will lift MoD share of GDP to 2 ...
ft.com/content/9c157204-f4ab-4103-8476-be0e83de3efe
Exclusive: Russian ministry stress scenario has growth stalling, rouble diving, document shows
reuters.com/markets/europe/russian-ministry-stress-scenario-has-growth-stalling-rouble-diving-document-2024-04-24/
Tepid US core capital goods orders point to weak business equipment spending: New orders for key U.S.-manufactured capital goods increased moderately in March ...
reuters.com/markets/us/us-core-capital-goods-orders-rise-moderately-march-2024-04-24/
Rupee likely to inch higher at open tracking Asian peers: The Indian rupee is likely to open slightly higher on Wednesday, aided by an uptick in its Asian peers ...
reuters.com/markets/currencies/rupee-likely-inch-higher-open-tracking-asian-peers-2024-04-24/
Economy nears complete recovery: The Bahamas’ economic recovery since Hurricane Dorian and the COVID-19 pandemic has yet to match the second quarter of 2019 ...
thenassauguardian.com/news/economy-nears-complete-recovery/article_952cf5d4-01b8-11ef-acdc-9bf3e172db5f.html
Ringgit rebounds on softer US$ after PMI data: KUALA LUMPUR: The ringgit rebounded in early trade Wednesday as the US dollar retreated after S&P Purchasing ...
thestar.com.my/business/business-news/2024/04/24/ringgit-rebounds-on-softer-us-after-pmi-data
How India’s Economy Has Really Fared Under Modi: Talk of an economic miracle is foundational to Modi's appeal and legitimacy at home. Ye his record is far from ...
time.com/6969626/india-modi-economy-election/
Higher primary surplus in 2023: Last year’s primary surplus in Greece proved significantly higher than the budget estimate for 1.1% of gross domestic product ...
ekathimerini.com/economy/1237065/higher-primary-surplus-in-2023/
German professional investors see a clear buying opportunity: Is this the next big growth market?
boerse-online.de/nachrichten/fonds/deutsche-profiinvestoren-sehen-klare-kaufchance-ist-das-der-naechste-grosse-wachstumsmarkt-20355732.html
UK announces £75B defense boost — and challenges Europe to follow suit: Move will see Britain spend 2.5 percent of GDP on defense by end of the decade as Downing ...
politico.eu/article/uk-announce-75bn-defense-boost-challenge-europe-eu-follow-suit-rishi-sunak/
Egypt’s total budget deficit to widen to 7.2% of GDP in FY24/25 - Economy - Business
english.ahram.org.eg/NewsContent/3/12/522410/Business/Economy/Egypt%E28099s-total-budget-deficit-to-widen-to--of-GDP-i.aspx
Federal finances: Switzerland lacks up to 9 billion francs: Even without the popular initiatives currently under discussion, the state has a significant need for ...
nzz.ch/schweiz/wegen-der-alterung-in-der-schweiz-fehlen-dem-staat-ohne-reformen-langfristig-5-bis-9-milliarden-franken-pro-jahr-ld.1827525
New fiscal rules a 'fresh start' as European Parliament vote passes ｜ DPA
nordot.app/1155542253581140445
Oman nominal GDP sees 2.8% slip: RIYADH: Oman’s nominal gross domestic product registered an annual 2.8 percent drop thanks to an output decrease from the ...
arab.news/pwf37
Russian ministry sees 2024 GDP at 2.8%, but with higher inflation, weaker rouble: Russia's economy ministry improved its expectations for 2024 gross domestic ...
reuters.com/world/europe/russian-ministry-sees-2024-gdp-28-with-higher-inflation-weaker-rouble-2024-04-23/
Sunak announces increase in defence spending to 2.5% of GDP by 2030: The prime minister said the world is "the most dangerous it's been since the end ...
bbc.com/news/av/uk-politics-68884595
Quick Glance: Increase in UK defence spending by 2030
- Prime Minister Rishi Sunak commits to raising spending to 2.5% of GDP, putting the defence industry on a 'war footing'.
- Sunak emphasized the need for deeper stockpiles of munitions and quicker replenishment due to the events in the Ukraine conflict.
- The planned increase in defence spending would require significant financial reshuffling, partly through announced measures to reduce the size of the civil service.
- Shortly after announcing the pledge to send weapons worth 500 million pounds to Ukraine, this commitment followed.
UK to increase defence spending to 2.5% of GDP - meaning tens of billions of pounds of extra funding
news.sky.com/story/uk-to-increase-defence-spending-to-2-5-of-gdp-meaning-tens-of-billions-of-pounds-of-extra-funding-13121450
War, fear of war spur global military spending to new record: SIPRI report: New high of $2.4 trillion is ninth straight annual increase, suggesting trend will ...
aljazeera.com/news/2024/4/22/war-fear-of-war-spur-global-military-spending-to-new-record-sipri-report
Quick Glance: Global Military Spending Hits Historic High in 2023
- Global military spending hit a record high of $2.443 billion in 2023 after a 7% increase, as per a report.
- Military expenditure rose consistently over nine years in all regions due to worsening peace and security globally.
- Countries like Ukraine, Russia, Poland, Germany, and the UK saw significant spikes in their military spending.
- Israel notably increased its military spending significantly due to the conflict in the Middle East, particularly a major offensive in Gaza in 2023.
Two years of war have impoverished many Ukrainians: The elderly, the displaced and the disabled are the worst affected
economist.com/europe/2024/04/21/two-years-of-war-have-impoverished-many-ukrainians
Gov't estimates New Year's quake cut Japan growth by 115 bil. yen - The Mainichi: TOKYO (Kyodo) -- The government on Tuesday estimated that a deadly earthquake ...
mainichi.jp/english/articles/20240423/p2g/00m/0na/044000c
Stability Pact: The EU introduces new debt rules: The EU has strict budget requirements that member states must adhere to. However, many of them are ignoring the ...
nzz.ch/wirtschaft/stabilitaetspakt-die-eu-fuehrt-neue-schuldenregeln-ein-ld.1827553
Argentina celebrates its first quarterly budget surplus, President Milei promises continued fiscal discipline
wionews.com/business-economy/argentina-celebrates-its-first-quarterly-budget-surplus-president-milei-promises-continued-fiscal-discipline-714060
World economy’s star athlete may run out of puff: The United States is the MVP of GDP. That was the International Monetary Fund’s verdict at its spring gathering ...
reuters.com/breakingviews/world-economys-star-athlete-may-run-out-puff-2024-04-23/
'Austerity 2.0': EU budgetary rules approved despite long-standing opposition campaign
brusselstimes.com/belgium/1018413/austerity-2-0-eu-budgetary-rules-approved-despite-long-standing-opposition-campaign
FinMin Aurangzeb confident of reserves reaching $10bn by June: With the Shehbaz Sharif-led government striving to stabilise the country's economy ...
thenews.com.pk/latest/1181418-finmin-aurangzeb-confident-of-reserves-reaching-10bn-by-june
Why did it take Rishi Sunak so long to up defence spending?: Britain is putting its defence industry on a 'war-footing', the PM has said, as he vowed to boost ...
spectator.co.uk/article/why-did-it-take-rishi-sunak-so-long-to-up-defence-spending/
IRDA's RM636bil investment goal to help propel Malaysia into top 30 global economies
thestar.com.my/business/business-news/2024/04/23/irda039s-rm636bil-investment-goal-to-help-propel-malaysia-into-top-30-global-economies
Finland’s relative debt burden grew more than anywhere else in EU in 2023: Finland’s debt-to-GDP ratio increased by 2.3 points to 75.8 per cent between late 2022 ...
helsinkitimes.fi/finland/finland-news/domestic/25153-finland-s-relative-debt-burden-grew-more-than-anywhere-else-in-eu-in-2023.html
UK spending closer to France's than the US, says World Bank economist: The increase in public spending in the UK is slowing down economic growth and making ...
euronews.com/business/2024/04/23/uk-economy-more-on-a-par-with-france-than-the-us-says-world-banks-chief-economist
Buffett indicator with warning signal: stock market overvalued?: After the significant price gains in the first quarter of this year, some experts are warning of ...
finanzen.net/nachricht/aktien/anstieg-gerechtfertigt-buffett-indikator-warnt-vor-ueberbewertung-am-aktienmarkt-13430364
Rupee recovery likely to be challenged by importers, Fed view: The Indian rupee is expected to open little changed on Tuesday on expectations that importers will ...
reuters.com/markets/currencies/rupee-recovery-likely-be-challenged-by-importers-fed-view-2024-04-23/
Argentina's Milei touts rare government surplus, argues 'shock' therapy is working
reuters.com/world/americas/argentinas-milei-touts-rare-government-surplus-argues-shock-therapy-is-working-2024-04-23/
South Korea's economy likely saw steady economic growth in Q1: Reuters poll: South Korea's economy likely grew 0.6% last quarter, maintaining the same pace of ...
reuters.com/markets/asia/south-koreas-economy-likely-saw-steady-economic-growth-q1-2024-04-23/
Ringgit opens slightly easier against US$ ahead of macro data: KUALA LUMPUR: The ringgit lost ground slightly against the US dollar as the market awaits more ...
thestar.com.my/business/business-news/2024/04/23/ringgit-opens-slightly-easier-against-us-ahead-of-macro-data
World Bank says Vietnam GDP to grow 5.5% in 2024, 6.0% in 2025: Vietnam's gross domestic product is seen growing 5.5% this year, the World Bank said on Tuesday ...
reuters.com/markets/asia/world-bank-says-vietnam-gdp-grow-55-2024-60-2025-2024-04-23/
Stock market today: US futures climb ahead of Magnificent 7 earnings: Microsoft, Alphabet, Meta, and Tesla are all set to report first-quarter earnings this week ...
businessinsider.com/stock-market-today-microsoft-alphabet-meta-tesla-magnificent-seven-earnings-2024-4
India to surpass Japan as 4th-largest economy in 2025, IMF says: MUMBAI -- India's nominal gross domestic product will likely outstrip Japan's ...
asia.nikkei.com/Economy/India-to-surpass-Japan-as-4th-largest-economy-in-2025-IMF-says
Paid articlePaid Philippine-U.S. drills, South Korea GDP, Beijing revives auto show: Welcome to Your Week in Asia.It's a busy week of diplomacy as U.S. Secretary of State ...
asia.nikkei.com/Spotlight/Your-Week-in-Asia/Philippine-U.S.-drills-South-Korea-GDP-Beijing-revives-auto-show
SMEs make up 40% of SA’s GDP— here’s how the JSE is helping them grow: The Johannesburg Stock Exchange (JSE) has committed to supporting SME growth through a ...
news24.com/news24/partnercontent/smes-make-up-40-of-sas-gdp-heres-how-the-jse-is-helping-them-grow-20240419
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