Taiwan needs to hike defense spending to 10% of GDP-Pentagon nominee
Taiwan needs to dramatically hike defense spending to around 10% of gross domestic product in order to deter a war with China ...
Trump official floats new approach on GDP, as economy poised to slow sharply
Commerce Secretary Howard Lutnick wants to separate government spending from GDP, which economists worry could lead to cherry ...
Commerce Secretary’s Comments Raise Fears of Interference in Federal Data
Howard Lutnick, the commerce secretary, suggested government spending should be excluded from data about U.S. economic output ...
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White House Aims to Remove Government Spending From GDP
The Trump administration proposes removing government spending from GDP calculations. Economic experts debate the ...
GDP grows at fastest pace since 2022
The 0.6 per cent GDP growth in December confirms the RBA’s view that the economy has turned a corner, but means another rate ...
Economy turns a corner as shoppers open wallets and go to the cricket
A record seven quarters of falling GDP per person has finally ended with new figures showing the economy improving in the ...
China sticks to 5% GDP growth target amid trade war and economic challenges
Premier Li Qiang unveiled the GDP growth target Wednesday during the opening session of the National People’s Congress, China ...
GDP tipped to grow at fastest pace since 2022 as exports jump
The economy is expected to have grown by 0.6 per cent in December thanks to higher state and federal government spending, ...
Belgium aims to hike defence spending to 2% of GDP this year, De Tijd reports
The Belgian government aims to accelerate defence spending by 4 billion euros ($4.2 billion) in the coming months, Belgian newspaper De Tijd reported, citing Prime Minister Bart De Wever.
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China sets GDP growth target of 'around 5%' for third year running, despite worsening trade war
China has maintained the same GDP target since 2023, signalling confidence in economic growth amid trade tensions and global ...
Small businesses will benefit from increased govt defence spending, Rachel Reeves says
SMALLER British firms will see increased government spending funnelled towards them to create more innovative weapons, Rachel ...