Big, beautiful budgets: not just an American problem Across the rich world, governments are splashing the cash. What could go wrong?

The leaders of NATO countries have agreed to increase defense spending to 5% of GDP and commit to the principle of collective defense, without mentioning Ukraine’s accession to the alliance, in ...

Taiwan may be an island of just over 23 million people, but what happens there could ripple across the global economy.

MINSK, 12 June (BelTA) - The World Bank has significantly improved its GDP forecast for Belarus in 2025. Last year, the bank predicted growth of 1.2%, while now the economy is expected to grow by ...

The World Bank says tariffs will hurt global growth, estimating that the trade war will shave almost half a percentage point from world GDP growth this year.

The world’s largest economy is expected to grow by just 1.4% in 2025, a sharp deceleration from the 2.8% expansion recorded in 2024.

The OECD has lowered its global GDP growth projection to 2.9% for both 2025 and 2026, citing heightened trade tensions and policy uncertainty, especially due to U.S. tariffs. Yet Taiwan could be ...

A proposed 3.5% tax on remittances from the United States could cost some Latin American countries up to half a percentage point in GDP, sparking concern in nations where remittances are a large ...

Texas, with its $2.7 trillion of GDP in 2024, would rank No. 8. That’s roughly the size of Italy’s economy. Here are the other states in last year’s global Top 25 … ...

California is not the only state economy that’s a business powerhouse on a global scale. The state’s businesses produced $4.1 trillion worth of goods and services in 2024, according to gross domestic ...