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Buffett’s Latest Donations Push Total Giving Over $60B—Bigger Than Many Countries’ GDP
Warren Buffett's recent charitable contributions have increased his cumulative donations to more than $60 billion, an amount exceeding the gross domestic product of several nations...
Read Full Article →UK households hit by squeeze on living standards despite fastest growth in G7
Despite the UK economy expanding more rapidly than other G7 nations, increased taxes and inflation led to lower real disposable income per household, reducing overall financial res...
Read Full Article →Shrinking GDP may not be enough for the Bank of Canada to start cutting rates again
The recent economic contraction presents a complex situation for monetary policy, as it may not provide sufficient justification for the central bank to lower interest rates in the...
Read Full Article →Canada's economy starts to lose momentum
Canada's recent decline in economic activity, marked by decreasing output in consecutive months, indicates a potential overall reduction in economic growth for the current quarter.
Read Full Article →Canada's GDP shrank in April, with hefty decline in manufacturing
Canada experienced a slight contraction in economic output during April and May, driven primarily by reduced industrial production, according to preliminary figures released by Sta...
Read Full Article →The U.S. economy contracted sharply to start 2025 — worse than previously thought
The latest GDP data for the first quarter of 2025 reveals a more pronounced economic slowdown, indicating that trade policies are contributing significantly to reduced growth rates...
Read Full Article →Premarket: U.S. stock futures rise as chips gain on Micron results; GDP data ahead
U.S. stock futures show positive movement driven by semiconductor sector strength after Micron's earnings, while global markets remain uneven as investors await upcoming economic g...
Read Full Article →A poor country acting like a rich one
Despite appearances and behavior resembling wealthier nations, the United Kingdom's economic indicators, including GDP per capita, position it closer to average European countries...
Read Full Article →Nato promises historic rearmament shift in bid to win over Trump
Increasing defense expenditures to a significant portion of the economy could lead to a substantial injection of funds into military capabilities across member states, impacting ov...
Read Full Article →Carney says Canada can reach new $150 billion NATO bill with mines
Canada’s abundant supply of essential minerals could help the nation fulfill a potentially increased NATO expenditure target, which may amount to five percent of its gross domestic...
Read Full Article →UK vows to spend 5% of GDP on national security by 2035
The UK plans to allocate a substantial portion of its economic output toward enhancing defense capabilities, reflecting a long-term commitment to strengthening national security by...
Read Full Article →Higher tax ‘inevitable’ as PM makes defence spending pledge
Increasing defence expenditure to a larger portion of the country’s economic output is likely to require additional revenue generation through taxation, according to economic analy...
Read Full Article →NATO wants allies to spend 5% of GDP on defense: This chart shows how hard it could be
NATO member countries are expected to increase their defense budgets to five percent of their GDP by 2035, highlighting the substantial financial efforts required to meet this targ...
Read Full Article →UK defence funding will hit 5% of GDP by 2035, Starmer to tell Nato summit
By 2035, the United Kingdom plans to allocate a substantial portion of its economic output to defense, with a notable fraction dedicated to enhancing cybersecurity and border secur...
Read Full Article →Amber Kanwar’s Weekly Setup: Canadian GDP, BlackBerry, Couche-Tard and more
This week’s economic reports and corporate updates are expected to influence market trends and investor decisions, particularly as experts analyze inflation rates and overall econo...
Read Full Article →Canada’s household debt crisis: When and how we outpaced Britain and the U.S.
Canada’s ratio of household liabilities relative to national economic output now exceeds that of Britain and the U.S., largely driven by increasing mortgage obligations within the...
Read Full Article →UK economy rebound hopes gather as City ‘ready to invest’
Recent business surveys indicate cautious optimism in the UK market, suggesting potential increases in investment and economic growth that could positively impact overall financial...
Read Full Article →Falling home prices could mean trouble for Canada’s GDP, the Home of the Week and more top real esta...
Declining residential property values may negatively impact Canada's overall economic growth, influencing key market indicators while mortgage rates remain at notably low levels ac...
Read Full Article →UK economy suffers worst monthly contraction since 2023
The 0.3% drop in GDP during April marks a notable setback for the UK economy, underscoring the difficulty faced by the government in stimulating economic expansion.
Read Full Article →UK GDP report to show if economy kept growing in April – business live
The sharp increase in housing costs over the last twenty years highlights growing affordability challenges, potentially impacting consumer spending and overall economic stability i...
Read Full Article →Reeves’ straitjacket: Why Britain’s spending problem is political, not economic
The debate over the UK’s budget highlights that decisions on public expenditure are influenced more by political priorities than by purely economic forecasts or minor changes in gr...
Read Full Article →Spending Review: Reeves promises UK will become defence ‘superpower’
Chancellor Rachel Reeves announced an increase in military expenditure to 2.6 percent of GDP by 2027, indicating a significant boost in the UK’s defense-related financial commitmen...
Read Full Article →2020s on course to be weakest decade for global economy since 1960s, says World Bank
The World Bank has lowered its projection for worldwide economic expansion, attributing the slowdown to trade conflicts, resulting in the poorest growth outlook for the global econ...
Read Full Article →UK GDP growth expected to slide after Awful April
Economic forecasts indicate a slight contraction in the UK’s output for April, influenced by increased taxation and rising energy costs, potentially undoing the modest expansion re...
Read Full Article →Labour claims to be defending Britain from new threats, but its warfare state is steeped in old thin...
The government’s defence spending plans, despite promises of economic benefits, rely on traditional military investments that are unlikely to generate substantial growth or signifi...
Read Full Article →Weak GDP gives RBA green light for another interest rate cut in July
The recent slowdown in economic growth increases the likelihood of a reduction in borrowing costs, potentially easing financial pressure for consumers and businesses in the upcomin...
Read Full Article →Australia's first-quarter economic growth misses estimates, expanding 1.3% from a year earlier
Australia's economy grew by 1.3% in the first quarter, slightly below expectations, prompting the central bank to reduce interest rates to encourage further expansion and support f...
Read Full Article →Live: ASX to rise ahead of first-quarter GDP data release
Investors are anticipating a boost in Australian share prices influenced by gains in US markets, as upcoming economic data on quarterly growth is scheduled to be announced later th...
Read Full Article →UK set to back Nato push for members to spend 3.5% of GDP on defence
The UK is anticipated to support NATO’s proposal for increased defence budgets, highlighting the importance of higher military expenditure amid ongoing political scrutiny regarding...
Read Full Article →Nato to pressure UK to spend 3.5 per cent on defence
The UK is expected to increase its defence budget to 3.5 percent of GDP by 2035 under NATO's new guidelines, significantly raising government military expenditures beyond current p...
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