Today: 5. Nov, 2024
In a time of escalating tensions and conflicts worldwide, Israel faces the daunting challenge of balancing its defense needs with economic stability, evoking memories of the tumultuous 1970s. As defense expenditures soar to unprecedented levels, economists and policymakers are raising red flags…
Projections from investment banking firm Jefferies indicate that India is on the cusp of claiming the title of the world’s third-largest economy by 2027, surpassing stalwarts Japan and Germany. This forecast is backed by compelling data showcasing India’s remarkable rise from the…
In a notable shift, Japan, once lauded as an economic juggernaut, has slipped to become the world’s fourth-largest economy, trailing behind the United States, China, and now Germany. Recent government data released on Thursday highlighted Japan’s descent, with the country falling behind…
In a significant development within the North Atlantic Treaty Organization (NATO), 18 of the 31 member states are poised to achieve the defence spending benchmark of 2% of their Gross Domestic Product (GDP) this year. This announcement was made by NATO Secretary-General…
As it faces a challenging economic environment, China is poised to announce an aggressive growth target for 2024, signaling its determination to rebound from the recent economic slowdown and a faltering property market. This decision is a key element in the country’s…
India’s economy has demonstrated remarkable resilience, achieving its swiftest growth rate in a year during the April-June quarter. Robust demand and a thriving services sector propelled the Gross Domestic Product (GDP) to expand by 7.8% on an annual basis, surpassing the 6.1%…
As Russia’s conflict with Ukraine enters its second year, the world’s attention remains fixed on the economic consequences of the extensive sanctions imposed by the US, the European Union, and their allies. These measures were initially aimed at deterring the invasion, but…
