An updated read on gross domestic product — basically, how fast the economy grew in the fourth quarter of 2024 — comes out Thursday. The first estimate from the Bureau of Economic Analysis said the economy grew at an annual rate of 2.3%. Roughly 70% of ...
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UK to raise defense spending to 2.5% of GDP by 2027, Starmer says before Trump meeting
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Starmer Commits to Raise UK Defense Spending to 2.5% of GDP by 2027
UK announces defense spending increase ahead of Starmer-Trump meeting
Prime Minister Keir Starmer told Parliament that the U.K. would increase its defense spending from 2.3% of the gross domestic product to 2.5% by 2027.
Hungary's economic growth this year is likely to come in between 2% and 3%, below the official government forecast of 3.4%, Prime Minister Viktor Orban's chief of staff said in a podcast on news site 24.
Peru's gross domestic product (GDP) will likely expand by 4% this year and rank as the second-fastest growing economy in Latin America, a senior official told reporters on Monday, as inflation is seen holding for another year at around 2%.
Major cities are the primary drivers of the U.S. economy. According to the U.S. Census Bureau, about 86% of Americans lived in a metropolitan area in 2023 — and data from the Bureau of Economic Analysis shows that these places accounted for over 90% of U.
Dalio stressed that governments are responsible, and that leaders should make a pledge to reduce the U.S. budget deficit from 7.5% to 3% of GDP or resign.
Argentina’s economy expanded more than expected in December, solidifying the country’s bounceback in the last quarter of the year under President Javier Milei’s watch.
Faced with undisguised hostility from the Trump administration, Europeans are preparing for what is shaping up to be a go-it-alone era.
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