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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 ...
Portugal Aims to Meet Defense Spending Goal of 2% of GDP in 2025
Portugal said it aims to reach a target for investment in defense to represent 2% of gross domestic product in 2025, ...
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 ...
U.K. Economy Shrinks on Tariff Hit
The U.K. contracted more than expected in April as the uncertainty created by Trump’s evolving trade policy brought a halt to ...
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 Lowers 2025 Economic Growth Forecast to 2.4% From 2.7%
Bank of Spain Lowers 2025 Economic Growth Forecast to 2.4% From 2.7% MADRID (Reuters) -Spain's central bank lowered its gross ...
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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 ...