Modeling shows an estimated loss of global GDP of up to 50 percent in coming decades—unless we make changes now.
The govt intends to develop a framework to comprehensively capture the impact of knowledge on economic and social life in the country.
Faced with undisguised hostility from the Trump administration, Europeans are preparing for what is shaping up to be a go-it-alone era.
The strengthening of the Kenyan shilling has led to a 2% reduction in the country’s gross public debt, according to the country's National Treasury.
Mexico’s economy posted the biggest quarterly contraction since 2021, with domestic demand and private investment faltering just as tensions with its top trade partner mount.
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.
The Danish government has announced plans to bolster its military by setting up a 50 billion-kroner ($7 billion) fund that it says will raise the country’s defense spending to more than 3% of gross domestic product this year and next.
Canada's retail sales in December grew by a robust 2.5% on a monthly basis, beating analysts' expectations, as a sales tax holiday bumped up spending on food and beverages and people also bought cars and vehicle parts,
The Japanese economy expanded in the final three months of 2024 thanks to solid corporate spending and external demand, a positive show of strength as the central bank mulls further rate increases.