When it comes to measuring the strength of the economy, one of the most important metrics to watch is the gross domestic product, or GDP. This week, the Commerce Department announced the U.S. had ...
In 2020, we observed the largest one-year debt surge since World War II, with global debt rising to $226 trillion as the world was hit by a global health crisis and a deep recession. Debt was already ...
BRASILIA, March 3 (Reuters) - Brazil's economy shrank by 4.1% last year due to the coronavirus pandemic, its worst drop in decades, data showed on Wednesday, as a devastating second wave of COVID-19 ...
An earlier version of this story inadvertently mischaracterized the direction of GDP. After a blockbuster 2021, the U.S. economy decidedly came back to earth early this year, contracting for the first ...
ISLAMABAD, Jan 20 (Reuters) - Pakistan has revised up its economic growth rate for 2020-21 to 5.37% from 3.9%, the minister for planning and development said on Thursday. "The growth in 2020-21 was ...
The US economy in the second quarter expanded at a slower rate than expected but still at its fastest pace since last fall, growing at a seasonally adjusted, annualized rate of 6.5%. In terms of real ...
WASHINGTON — The U.S. economy grew last year at the fastest pace since Ronald Reagan’s presidency, bouncing back with resilience from 2020’s brief but devastating coronavirus recession. The nation’s ...
Global debt remained above pre-pandemic levels in 2021 even after posting the steepest decline in 70 years, underscoring the challenges for policymakers. Total public and private debt decreased in ...
As Share of GDP, Global Aid to 26 Low-Income Economies Falls to 21-Year Low WASHINGTON, October 13, 2024—The world’s 26 poorest economies—home to about 40 percent of all people who live on less than ...
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