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World Bank: Trump’s Trade War Could Destroy the Global Economy
The report did not name President Trump explicitly, but made it clear that his unprecedented tariffs—a 10 percent tax on ...
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 ...
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 ...
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 ...
Q1 GDP Second Estimate: Real GDP At -0.2%, Higher Than Expected
The BEA's second estimate of real gross domestic product showed economic growth decreased at an annual rate of 0.2% in Q1 ...
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April was a bad time for Britain’s economy. Trump’s tariffs are a big reason why
Britain’s economy shrank by the most in nearly two years in April, when President Donald Trump’s tariffs also caused UK goods exports to the United States to ...
Bank of Spain Cuts GDP Forecast as US Tariffs Cloud Outlook
The Bank of Spain lowered its 2025 growth forecast for the country, citing a high level of economic uncertainty due to US ...
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 ...