Although the U.S. is a net oil exporter, higher oil prices could increase inflation and lower economic growth.

Sweden will reach a new NATO spending target of 5% of the country's GDP, Swedish Prime Minister Ulf Kristersson said on ...

The Dutch caretaker government is in favour of increasing the country's defence spending to a total of 5% of gross domestic ...

Portugal said it aims to reach a target for investment in defense to represent 2% of gross domestic product in 2025, ...

In the broader economy, labour cost growth for major IT firms has slowed significantly — from a peak of 26 per cent in Q3 ...

In May, the Reserve Bank forecast growth of just 0.4% for the three months to the end of March. However, most economists are ...

The UAE’s real gross domestic product (GDP) reached Dhs1,776 billion in 2024, marking a 4 per cent increase compared to that ...

Sweden and the Netherlands say they intend to increase defense spending to 5% of their gross domestic product in line with ...

By Dipo Aliu Gross Domestic Product (GDP) is one of the most critical economic indicators that reflect a country’s economic ...

Nsukka Chamber of Commerce, Industry, Mines and Agriculture (NSCCIMA), has stated that the zone is advantageously placed ...

Russia raised the 2025 budget deficit estimate to 1.7% of gross domestic product in April from 0.5% after reducing the energy ...

US President Donald Trump’s push for Indo-Pacific allies to ramp up military spending to counter growing threats from the ...