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 ...

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

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

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 ...

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

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 ...

India's household savings continued their downward trajectory for the third straight year, slipping to 18.1 per cent of GDP ...