GDP

The Swiss economy grew at its fastest rate since 2021, despite facing trade turmoil. This boost was helped by the chemicals and pharma sectors, which contributed to increasing GDP by 1.5% in the second quarter.

Singapore is reportedly unaffected by the Iran war due to an AI boom, which is helping boost growth. Furthermore, the oil trading hub has increased its GDP outlook, stating that energy market disruption was less severe than expected.

Singapore has revised its annual growth forecast, expecting GDP growth for 2026 to range from 4.5% to 5.5%. This projection represents a substantial increase compared to the previous low end of 2%-4%, driven by an AI-related boost.

Economic growth rates do not necessarily indicate prosperity. Billboard-worthy figures for economic development can conceal high levels of wealth and income inequality.

Brazil’s nominal fiscal deficit widened to nearly 10% of GDP in the 12 months to June 2026, the largest since 2021. Nominal interest payments reached R$1.11 trillion (US$219bn), or 8.48% of GDP, in the year to May 2026.

The article provides a 2026 reference guide on Argentina's economic crisis under Milei, covering verified inflation, GDP, poverty figures, investment steps, and pitfalls for expats. It is published by The Rio Times.

US stocks rallied, the dollar softened, and yields remained steady ahead of upcoming PCE and GDP data. The article was published by The Rio Times.

The U.S. economy grew at a 1.5% annual rate in Q2, below expectations, with June core inflation at 3.3%. The GDP shortfall was attributed to declines in federal government spending and inventories.

The Saudi economy experienced a 4.8% GDP contraction in the second quarter compared to the same period in 2025, attributed to the heavy toll of the Middle East conflict.

Latin America pre-open shows B3 futures declining in line with Wall Street. Market attention is on Chile's copper and retail data, Mexico's GDP figures, and Brazil's budget announcement.

BIS economists warn that the AI boom increases the risk of monetary policy mistakes. Central banks face challenges in assessing the strength and timing of technology's impact on GDP and inflation.

The week ahead includes Brazilian mid-month inflation data, a Federal Reserve decision, and Mexico's GDP report. Additional highlights are Chilean interest rates, Colombian GDP, and a Bank of Japan meeting.

Restoring the UK's population health to 2014 levels could boost GDP by 2% and generate a £72bn public finance dividend, according to a Health Foundation thinktank paper. The research argues that health should be valued as an economic asset by policymakers.

Free Trade Agreements, including those with India and the UK, provide favorable market access for over 6.3 crore MSMEs in India, which contribute nearly 30% to the GDP. FKCCI President Uma Reddy highlighted the transformative potential of leveraging these agreements for MSMEs.

The UK economy grew by 0.1% in May, reversing a 0.1% decline in April, according to the Office for National Statistics. The growth occurred despite the impact of the Iran war on energy costs, aligning with economists' forecasts.

Bci's brokerage raised its IPSA target to 12,050 points for 2026-2027 and increased expected index earnings-per-share growth to 19.8% for 2026. The upgrade was offset by a 1% GDP forecast cut and a 3.7% inflation increase. The analysis also highlighted SQM and Banco de [...] as key entities.

McKinsey's analysis suggests Chile could gain 2.0–2.5 percentage points of annual productivity growth by 2030 through automation and AI, potentially boosting GDP growth to 4–5 percent annually. The report highlights generative AI's role in task automation.

The article criticizes JD Vance's opposition to GDP as misguided, arguing that GDP remains a valid measure despite its limitations. It references a quote from Captain Picard to underscore the debate over GDP's value.

A record-breaking heat wave in Europe is causing economic damage through reduced labor productivity and rising cooling costs, with Allianz estimating $638 billion in cumulative GDP losses by 2030 for France, Italy, Germany, and Spain. Research highlights that heat reduces student performance, increases workplace accidents, and lowers GDP growth, with most damage stemming from frequent, less extreme heat events rather than record-breaking extremes.

The U.S. economy's GDP growth in early 2026 was revised upward to 2.1% from 1.6% in the prior estimate, primarily due to a downward revision to imports.

The U.S. economy shows strong macroeconomic indicators like GDP and unemployment, but public dissatisfaction stems from rising and volatile prices for essential goods like food, gas, and healthcare. A new initiative by Lael Brainard and Rohit Chopra, the 'Kitchen Table Project,' analyzes how these affordability challenges strain household budgets, highlighting the gap between official data and everyday economic experiences.

UK Prime Minister Keir Starmer resigned, marking the country's seventh leader in a decade since the Brexit referendum. He highlighted achievements like reducing immigration and healthcare waiting times but remains unpopular with a -42 favorability rating. His likely successor is Andy Burnham, former Manchester Mayor, as the UK faces weak economic growth and Brexit divisions.

The UK's 2016 vote to leave the EU enters its tenth anniversary, with an LSE professor estimating a 8% reduction in GDP per head by 2025 due to Brexit. Research on the economic impact of Brexit has been extensive over the past decade.

Brazil's economy grew in April according to the central bank's GDP preview, showing resilience. This growth reduces the central bank's flexibility to cut interest rates as the Copom committee deliberates.

Elon Musk has become the world's first trillionaire, according to a report citing his wealth from the market debut of SpaceX. This level of wealth was previously associated with the GDP or debt of major economies.

Elon Musk has become the world's first trillionaire, driven by the market debut of his rocket company SpaceX. The article notes that such wealth, previously associated with the GDP or debt of major economies, is now held by an individual for the first time.

Elon Musk could become the world's first trillionaire, with his wealth surpassing double South Africa's GDP. The article compares his potential $1 trillion fortune to metrics like 200 round trips to the moon and $122 for every person on Earth.

Elon Musk could become the world's first trillionaire due to SpaceX's market performance. The article explores the implications of $1 trillion through comparisons like 200 round trips to the moon, $122 per person globally, and double South Africa's GDP. It also highlights growing wealth inequality as a concern.

The UK economy contracted by 0.1% in April as the Iran war led to higher energy prices, with the closure of the Strait of Hormuz disrupting global trade. This followed a 3% rise in GDP during March.

The Penn Wharton Budget Model warns that U.S. debt exceeding 210% of GDP could trigger a crisis where even steep tax hikes cannot cover interest payments. Current debt is 100% of GDP, with projections reaching 175% by 2056, and healthcare cost growth could accelerate the threshold. A 15-percentage-point tax hike on labor income is proposed as a solution, but factors like higher interest rates and market instability could worsen risks.

The European Bank for Reconstruction and Development (EBRD) has reduced its GDP growth forecast for Kyrgyzstan due to concerns over sanctions. The slowdown is attributed to the increasing impact of sanctions on the country's economy, though growth is still expected.

Australia's GDP growth for the first quarter of the year was 2.5%, falling short of economists' expectations of 2.6% due to severe weather and weak demand.

A Treasury minister stated that Britain re-entering the EU is inevitable and noted Brexit has caused the nation to lose between 6% and 8% of GDP.

The United Nations is developing a new plan to assess economic gains alongside health and environmental progress. However, achieving consensus on this approach remains challenging.

The U.S. economy grew at a 1.6% annualized rate in the first quarter of 2023, reflecting moderate expansion. The report indicates a mixed performance, with the economy avoiding a severe downturn but also not showing robust growth.

The Korean central bank chief, Shin Hyun-song, stated that the AI boom is overshadowing economic pain from the Iran war, projecting GDP growth driven by chip demand and rising stock markets.

The article argues that relying on markets and economic metrics like GDP to address environmental issues is insufficient, emphasizing the need for political action to mitigate global risks. It criticizes the approach of treating nature as capital, suggesting economic considerations must be secondary to political ones.

A report claims £325 billion of illicit funds flow through Britain annually, equivalent to 10% of the UK's GDP. This highlights significant money laundering activities by criminals within the country.

An economic adviser to President Biden acknowledges growing concerns over the U.S. national debt, which has reached 100% of GDP. The article highlights risks from higher deficits, rising interest rates, and a potential debt spiral, with a Stanford policy brief warning of escalating borrowing costs and fiscal challenges.

India's economic earnings face significant risks as an oil price shock threatens to derail the country's growth trajectory. The surge in oil prices is expected to have cascading effects on India's economy, affecting inflation, fiscal deficits, and overall GDP growth.