The role of imports in GDP—Gross Domestic Product—confuses many people. The current political discussion about tariffs has triggered some of the misunderstanding. This article aims to help business ...
It was a rare bit of stellar economic news. The U.S. Commerce Department revised Gross Domestic Product upward last month, saying that the broad measure of the economy grew at an annual rate of 3.3 ...
NATO member nations voted to increase defense spending to 5% of their annual GDP by 2035, following long-term pressure from President Donald Trump, as the alliance reaffirmed its defensive agreement.
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