News

Japan cancels US defence meeting after demand for more spending
Tokyo scrapped the meeting after the US asked Japan to boost defence spending to 3.5 per cent of gross domestic product.
Spain rejects NATO’s anticipated 5% defense spending proposal as ‘unreasonable’
Spain has rejected a NATO proposal to spend 5% of gross domestic product on defense needs that’s expected to be announced ...
The Fed Lowers Its Economic Growth Forecast Again
Uncertainty about tariffs and inflation appear to be taking their toll on the economy. Members of the Federal Reserve’s ...
Vietnam Q2 GDP Growth Estimated at 7.6% Y/y, Deputy PM Says
HANOI (Reuters) -Vietnam's gross domestic product is expected to have grown 7.6% in the second quarter from a year earlier, ...
South Korea says defense spending 'very high' compared to U.S. allies
South Korea's Defense Ministry said Friday that its defense spending as a share of gross domestic product is already "very ...
Why Americans haven’t felt the brunt of Trump’s tariffs — yet
For months, economists and retailers have claimed that the tariffs will spike prices, yet government measurements of ...
Spain asks for break on NATO contribution: Report
Leaders in Madrid urged NATO Secretary-General Mark Rutte to exempt them from a proposed defense spending goal set at 5 ...
U.S. economy to slow and and unemployment to rise in 2025, Fed projects
The U.S. economy is on track to slow in 2025 as households and businesses grapple with higher prices stemming from U.S. tariffs, the Federal's Reserve latest forecast shows. Gross domestic product, ...
New Zealand Economy Grows Faster Than Expected in Q1
Official data on Thursday showed gross domestic product (GDP) rose 0.8% in the first quarter from the previous quarter, ...