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 ...

Less than two weeks before a NATO summit, Sweden and the Netherlands said Friday that they intend to increase defense ...

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

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

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

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

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

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

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

The upbeat data has reinforced confidence in the UAE’s long-term economic trajectory, driven by structural reforms, increased ...

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