Global debt tops USD 365 trillion after USD 10 trillion surge in H1 2026
Borrowing is accelerating as higher bond yields, fiscal deficits and refinancing needs threaten to turn mounting debt into a self-reinforcing cycle...
Tag : GDP
China’s two-speed economy, record exports and a consumer who will not spend
Shipments are growing at 25% a year while retail sales barely move. Beijing now has a dedicated plan for the gap, but the fixes are slow...
Powered by oil boom, Nigerian economy expands at its fastest pace in five years
Real GDP grew 4.43% in the three months through June, accelerating from 3.89% in the Q1, according to the Nigeria's National Bureau of Statistics...
Saudi economy stays resilient amid Iran war, retains top Fitch ratings
As per the Fitch, Saudi to grow 0.6% in 2026, reflecting trade disruptions due to the Hormuz tensions, before rebounding in 2027...
Energy shock bites: Iran war forces IMF to cut global growth outlook
The global economy is now expected to grow 3% in 2026, down from an April forecast of 3.1%, a modest slowdown partly offset by AI-driven demand...
Germany unveils record 2027 budget with defence, infrastructure push
The approved plans for total spending of 555.4 billion euro will be financed partly through new borrowing worth 203.6 billion euro...
Can Britain’s 298 billion pound ‘Defence Investment Plan’ keep the country safe?
In its largest defence budget in the last 30 years, Britain is looking to fund everything from stealth fighter jets and nuclear submarines to drones...
Iran war: World Bank cuts global growth outlook to 2.5%
As per the World Bank, growth could slow to just 1.3% if energy supply disruptions prove more severe and come with substantial stress in financial markets...
Saudi Arabia’s nominal GDP rises 6.3% in Q1 2026, finds report
Inflationary conditions within the Saudi economy remained stable, with the Consumer Price Index (CPI) remaining at 1.7% in April 2026...
Morocco unseats South Africa as continent’s most industrialised economy
Morocco scored higher than South Africa in most of the ADB's metrics, including the all-important manufacturing sector’s contribution to overall GDP...