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The Latest Breaking News from GDP

Donald Trump’s rhetoric can be ‘destabilising’, David Lammy suggests

Mr Lammy told the BBC that he believes Mr Trump’s comments earlier in the week about Greenland come from his concerns about US economic security.

The Independent UK

Lammy laughs off Trump threat to grab Greenland: ‘It’s not going to happen’

Foreign secretary also hit back at Trump’s demands that the UK double its defence spending to 5 per cent of GDP

The Independent UK

If Greenland were for sale, what would it be worth? How to put a ‘price tag’ on a territory

It’s unlikely you’ve missed the story. In recent weeks, US President-elect Donald Trump has again repeatedly voiced his desire for the United States to take “ownership and control” of Greenland – an autonomous territory of the Kingdom of Denmark.

The Conversation

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read the most diverse news in one place.

Ministers will always spend enough on defence, No 10 says amid Trump 5% GDP call

The president-elect has called for all members of the transatlantic alliance to more than double their defence commitment.

Evening Standard

Fully recovering Australia’s threatened species would cost 25% of GDP. We can’t do it all at once – so let’s start here

Australia has already lost at least 100 species since European colonisation. Across land and freshwater habitats, 1,657 species are currently threatened with the same fate. Their populations have fallen 2-3% every year over the last quarter century.

The Conversation

China’s economy took centre stage in Xi’s new year address, spinning slow growth as a ‘remarkable’ achievement

Chinese president Xi Jinping delivered his annual televised new year address on December 31, and commentators have been quick to share their interpretation. Some have emphasised Xi’s passing reference to Chinese reunification as a threat against Taiwan. Others have focused on Xi’s comments about China’s economy, framing them as a…

The Conversation

What's in Store for the Bull Market in 2025?

The current bull market recently turned two and most – but not all – Wall Street pros expect the party to continue in the new year.

Kiplinger

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Taiwan struggles to reconcile climate ambitions and chip manufacturing

The island’s semiconductor industry represents one-quarter of GDP but is a major source of carbon emissions.

Al Jazeera

Nato cannot defend Europe from Russia without the US, warn alliance’s frontline leaders

Leaders of Finland, Latvia and Estonia tell The Independent that Ukraine’s victory over Russia is vital to the defence of a poorly armed Europe

The Independent UK

‘It’s a huge problem’: what’s gone wrong at the ONS and why does it matter?

The UK’s number-crunching body is still playing catchup over job figures after the pandemic, with validity of survey data being questioned

The Guardian - UK

Lack of growth in UK’s latest GDP figures ‘deeply alarming’, says Swinney

The First Minister accused the UK Government of making ‘mistakes’ in its budget which will exacerbate the problem.

Evening Standard

How were so many economists wrong on whether we’d have a recession? Northern Trust’s Ryan Boyle points to 3 culprits

Recession red flags had a track record that “was never perfect, but they have really failed us during the past two years,” says Boyle.

Fortune

Stocks Set to Open Higher as Investors Assess Fed’s Rate Cut Outlook, U.S. Economic Data in Focus

March S&P 500 E-Mini futures (ESH25) are up +0.12%, and March Nasdaq 100 E-Mini futures (NQH25) are up +0.48% this morning, extending Friday’s solid gains after muted U.S. inflation data helped reignite Federal Reserve rate cut bets, while investors also awaited a fresh batch of U.S. economic data this week.

Barchart

Stocks Set for Muted Open as Bond Yields Climb, U.S. Economic Data in Focus

March S&P 500 E-Mini futures (ESH25) are down -0.05%, and March Nasdaq 100 E-Mini futures (NQH25) are up +0.11% this morning as Treasury yields climbed at the start of a holiday-shortened week, with investors looking ahead to a fresh batch of U.S. economic data.

Barchart

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news in one place.

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Barchart

Stocks Set to Open Higher as Investors Recalibrate Fed Rate Cut Bets, U.S. Economic Data in Focus

March S&P 500 E-Mini futures (ESH25) are up +0.16%, and March Nasdaq 100 E-Mini futures (NQH25) are up +0.28% this morning, extending Friday’s solid gains after muted U.S. inflation data helped reignite Federal Reserve rate cut bets, while investors also awaited a fresh batch of U.S. economic data this week.

The Independent UK

Rachel Reeves describes ‘challenge’ of fixing economy as ‘huge’

The Office for National Statistics said on Monday that UK gross domestic product (GDP) showed no growth between July and September.

The Independent UK

Blow for Rachel Reeves as zero growth puts UK on brink of recession

Figures from the ONS show no growth took place between July and September

The Guardian - UK

UK growth revised down to zero; firms warn economy is heading for ‘worst of all worlds’ – as it happened

UK GDP flatlined in the July-September quarter, ONS reports, as companies warn October budget has hurt economy too

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news in one place.

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Barchart

Stocks Climb Before the Open After Fed-Fueled Selloff, U.S. GDP Data and Nike Earnings on Tap

December S&P 500 E-Mini futures (ESZ24) are up +0.40%, and December Nasdaq 100 E-Mini futures (NQZ24) are up +0.52% this morning, partially rebounding from yesterday’s dramatic selloff after the Federal Reserve forecast fewer interest rate cuts next year, while investors awaited a raft of U.S. economic data and an earnings…

AAP

GDP hit slumps New Zealand further into recession

New Zealand's economy is 2.1 per cent smaller than it was six months ago, according to new GDP data from Stats NZ.

Barchart

Stocks Plunge on a Hawkish Fed

The S&P 500 Index ($SPX ) (SPY ) Wednesday closed down -2.95%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down -2.58%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -3.60%. Dec E-mini S&P futures (ESZ24 ) are down -3.14%, and Dec E-mini Nasdaq futures...

Kiplinger

UBS Global's Solita Marcelli: It's a Green Light for U.S. Stocks in 2025

A strong economy, rate cuts and continued AI spending should support stocks in the new year, says UBS Global's chief investment officer, Americas.

The Guardian - AU

A predicted deficit will get the headlines but remember that budgets are about choices

Right now the government is choosing to deliver $50bn a year to the richest 10% of Australians for no discernible benefit to the nation

StockNews.com

3 Chinese Stocks Poised for a Rebound in 2025

China’s strategic initiatives to bolster its industries are crafting a resilient economic narrative. The nation’s GDP reflects good growth, driven by focused policies and innovation. Amid this dynamic environment, Ping An Insurance (PNGAY), Alibaba Group (BABA), and Tencent Holdings (TCEHY) could emerge as wise investments for the year ahead. Read…

The Guardian - AU

Federal budget $27bn in the red and won’t return to balance for a decade, Myefo forecasts

Budget downgrade blamed on Australian economy being hit harder than anticipated by higher interest rates, cost of living pressures and global uncertainty

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