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The Latest Breaking News from GDP

Senegal’s crisis: why debt restructuring may be the least bad option

Senegal is facing a serious debt crisis. The IMF estimated the country’s debt at 132% of GDP at the end of 2024. Debt servicing costs are projected at 5.5 trillion CFA francs (about $9.1 billion) this year, eating up a growing share of tax revenue.

The Conversation

The case of the missing Rs 80 lakh crore: Who shrunk India’s consumption economy?

On February 27, 2026, a new gross domestic product (GDP) series with 2022-23 as its base year was unveiled. This replaced the previous series with a base year of 2011-12. GDP is a measure of the size of an economy. The base year is a fixed year used to compare…

Newslaundry

Iran War Drags Stocks Lower

The S&P 500 Index ($SPX ) (SPY ) on Friday closed down -0.61%, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed down -0.26%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -0.62%. March E-mini S&P futures (ESH26 ) fell -0.60%, and March E-mini Nasdaq futures...

Barchart

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Stocks Erase Early Gains on Iran War Anxiety

The S&P 500 Index ($SPX ) (SPY ) today is down -0.18%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +0.10%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.30%. March E-mini S&P futures (ESH26 ) are down -0.19%, and March E-mini Nasdaq futures...

Barchart

Stocks Retreat From Initial Highs as Oil Prices Rebound

The S&P 500 Index ($SPX ) (SPY ) today is up +0.08%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +0.30%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.14%. After initially opening higher, stocks are now mixed. WTI crude oil has rebounded off...

Barchart

S&P Futures Gain as Oil Prices Retreat, U.S. PCE Inflation and GDP Data in Focus

March S&P 500 E-Mini futures (ESH26) are trending up +0.18% this morning, rebounding slightly from yesterday’s sharp losses as oil prices steadied, while investors await a flurry of U.S. economic data, with particular attention on the Fed’s favorite inflation gauge and the second estimate of fourth-quarter GDP.

Barchart

Economy stagnates in January ahead of Iran war and fears over UK impact

Experts warned a prolonged Middle East conflict and an ongoing spike in oil prices could send the economy into reverse in 2026.

Evening Standard

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Bleak economic data shows UK plc in trouble well before Middle East crisis

Zero GDP growth in January will not help Rachel Reeves claim she has put UK in position to weather oil price storm

The Guardian - UK

FTSE 100 Live 13 March: Economy stalls, markets in red as Brent crude oil tops $100

A flat GDP figure for January today heightened fears over the impact of the Iran war on the UK economy.

Evening Standard

UK economy unexpectedly flatlined in January, official figures show

January’s GDP figure comes as higher energy prices look likely to drive up inflation, dashing hopes of interest rate cut

The Guardian - UK

Oil price shock likely to ‘push the UK economy into recession’; US growth revised down – as it happened

Surprise lack of growth in January as service sector stagnated, with falls in recruitment activity

The Guardian - UK

Tax the Rich All You Want. It Won't Fix the Deficit.

The problem is not that the government collects too little. It's that the government spends too much.

Reason

Czech 2026 budget passes but defence outlays fall short of NATO pledge

Czech lawmakers approved the 2026 budget, keeping defence at 1.7% of GDP despite NATO and President Petr Pavel’s calls to reach the targets outlined by the US following a push from the Trump administration to aim for 5% of total spending.

Euronews

America's never had such high national debt heading into an economic shock. We need a 'break glass' plan, think tank warns

The U.S. national debt has reached 100% of GDP—a level not seen since WWII. A leading fiscal watchdog is calling on Congress to build a "Break Glass Plan" before the next crisis hits.

Fortune

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Fortune

CBO highlights the good news in Trump’s lost tariff revenue hiking the deficit by $2 trillion: Lower inflation and unemployment—and higher GDP

In the past year, tariffs were, at least partly, responsible for 166,000 lost blue-collar jobs and $1,700 in annual increased costs for American households.

The Guardian - AU

China sets lowest GDP growth target for decades as it braces for economic slowdown

‘High-quality growth’ target of 4.5-5% outlined at Two Sessions as Chinese premier talks of complex situations at home and abroad

The Guardian - AU

Australia’s GDP growth is partly due to government spending. So why isn’t the Coalition complaining?

After such a long period of miserable figures, seeing the economy grow closer to 3% is a relief

The Independent UK

Britain’s economic growth to be weakest in a century outside of pandemic and WWII, think tank warns

The UK’s top two economic think tanks – the Resolution Foundation and the Institute for Fiscal Studies – have issued dire warnings over economic growth and borrowing a day after Rachel Reeves delivered her spring statement

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Evening Standard

Tax burden heading to ‘uncharted territory’ with risk to growth, OBR warns

Budget responsibility committee member Professor David Miles said there was ‘clearly a risk’ in the historically high tax burden.

The Conversation

Australian economy picks up speed, but managing inflation and rates is getting harder

Australia’s economy grew at its fastest annual rate in almost three years in the December quarter, rising 2.6%, although this is still modest growth by historical standards.

The Guardian - UK

Unemployment set to hit 5.3% this year amid ‘worrying’ rise in young jobless

OBR raises forecast from 4.9% and downgrades UK’s growth prospects for 2026 – while also warning of war uncertainty

AAP

Good news is bad news: GDP growth fuels inflation fears

Australia's economy expanded by 2.6 per cent over 2025, above Reserve Bank forecasts, raising fears of an impending interest rate hike.

The Independent UK

Reeves accused of being ‘tone deaf’ on energy prices as Middle East crisis deepens

Growth forecast cut again and unemployment to rise as chancellor warned economy risks big hit from Iran war – but Reeves insists ‘plan is right’

Evening Standard

Unemployment to jump to 5.3% as UK economy faces slower growth, says OBR

UK gross domestic product (GDP) is expected to grow by 1.1% in 2026, as the OBR cut its previous prediction of 1.4% from last November.

Fortune

Why Ray Dalio, Scott Bessent and others are rallying around a '3% solution' to the national debt

Bipartisan consensus is building in support of lowering the gulf between revenues and outlays to 3% of GDP.

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