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UNBELIEVABLE: 10 | History Defined

New Zealand economy limps on with lacklustre GDP

New Zealand's fledgling economic revival, confirmed by fresh GDP figures, is at risk as supply chain disruptions push up inflation.

AAP

Starmer facing fresh Labour backlash over international aid cuts

Aid allocations set to be announced more than a year after the prime minister said the budget would be reduced from 0.5% of GDP to 0.3% by 2027

The Independent UK

Elon Musk Backs Warren Buffett's 5-Minute Plan to Fix US National Debt Nearing $40T

Elon Musk has endorsed Warren Buffett's radical '5-minute' proposal to eliminate the US deficit as the national debt hits a record $39 trillion (£30.7 trillion) amid 2026 recession fears.

International Business Times UK

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Zack Polanski says Greens would ditch GDP targets and focus on wellbeing instead

Leader uses first major economic speech to prioritise public services and reduction of inequality over growth

The Guardian - UK

‘This is the way’: Elon Musk endorses Warren Buffett’s famed 5-minute plan to fix the national debt

The richest man in the world joins prominent financial leaders in supporting a plan to lower the deficit to 3% of GDP.

Fortune

Real GDP growth in Europe: Which countries grew the most in 2025?

Spain has the highest real GDP growth among major economies while Germany lags behind. Euronews Business takes a closer look at the figures, with experts explaining the key drivers.

Euronews

Ray Dalio sees a pattern that shows China killing America's economy. This 2,000-year chart explains why

A Bank of America Institute analysis of 2,000 years of GDP data reframes American exceptionalism — and points toward what comes next.

Fortune

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A 'debt spiral,' before a fiscal crisis: interest on the national debt will be growing faster than GDP in just 5 years, think tank warns

The Committee for a Responsible Federal Budget sees a critical threshold crossing by 2031—and the consequences could be nearly impossible to reverse.

Fortune

Senegal’s crisis: why debt restructuring may be the least bad option

Senegal is facing a serious debt crisis. The IMF estimated the country’s debt at 132% of GDP at the end of 2024. Debt servicing costs are projected at 5.5 trillion CFA francs (about $9.1 billion) this year, eating up a growing share of tax revenue.

The Conversation

The case of the missing Rs 80 lakh crore: Who shrunk India’s consumption economy?

On February 27, 2026, a new gross domestic product (GDP) series with 2022-23 as its base year was unveiled. This replaced the previous series with a base year of 2011-12. GDP is a measure of the size of an economy. The base year is a fixed year used to compare…

Newslaundry

Iran War Drags Stocks Lower

The S&P 500 Index ($SPX ) (SPY ) on Friday closed down -0.61%, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed down -0.26%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -0.62%. March E-mini S&P futures (ESH26 ) fell -0.60%, and March E-mini Nasdaq futures...

Barchart

Stocks Erase Early Gains on Iran War Anxiety

The S&P 500 Index ($SPX ) (SPY ) today is down -0.18%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +0.10%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.30%. March E-mini S&P futures (ESH26 ) are down -0.19%, and March E-mini Nasdaq futures...

Barchart

Stocks Retreat From Initial Highs as Oil Prices Rebound

The S&P 500 Index ($SPX ) (SPY ) today is up +0.08%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +0.30%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.14%. After initially opening higher, stocks are now mixed. WTI crude oil has rebounded off...

Barchart

S&P Futures Gain as Oil Prices Retreat, U.S. PCE Inflation and GDP Data in Focus

March S&P 500 E-Mini futures (ESH26) are trending up +0.18% this morning, rebounding slightly from yesterday’s sharp losses as oil prices steadied, while investors await a flurry of U.S. economic data, with particular attention on the Fed’s favorite inflation gauge and the second estimate of fourth-quarter GDP.

Barchart

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Evening Standard

Economy stagnates in January ahead of Iran war and fears over UK impact

Experts warned a prolonged Middle East conflict and an ongoing spike in oil prices could send the economy into reverse in 2026.

The Guardian - UK

Bleak economic data shows UK plc in trouble well before Middle East crisis

Zero GDP growth in January will not help Rachel Reeves claim she has put UK in position to weather oil price storm

Evening Standard

FTSE 100 Live 13 March: Economy stalls, markets in red as Brent crude oil tops $100

A flat GDP figure for January today heightened fears over the impact of the Iran war on the UK economy.

The Guardian - UK

UK economy unexpectedly flatlined in January, official figures show

January’s GDP figure comes as higher energy prices look likely to drive up inflation, dashing hopes of interest rate cut

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The Guardian - UK

Oil price shock likely to ‘push the UK economy into recession’; US growth revised down – as it happened

Surprise lack of growth in January as service sector stagnated, with falls in recruitment activity

Reason

Tax the Rich All You Want. It Won't Fix the Deficit.

The problem is not that the government collects too little. It's that the government spends too much.

Euronews

Czech 2026 budget passes but defence outlays fall short of NATO pledge

Czech lawmakers approved the 2026 budget, keeping defence at 1.7% of GDP despite NATO and President Petr Pavel’s calls to reach the targets outlined by the US following a push from the Trump administration to aim for 5% of total spending.

Fortune

America's never had such high national debt heading into an economic shock. We need a 'break glass' plan, think tank warns

The U.S. national debt has reached 100% of GDP—a level not seen since WWII. A leading fiscal watchdog is calling on Congress to build a "Break Glass Plan" before the next crisis hits.

Fortune

CBO highlights the good news in Trump’s lost tariff revenue hiking the deficit by $2 trillion: Lower inflation and unemployment—and higher GDP

In the past year, tariffs were, at least partly, responsible for 166,000 lost blue-collar jobs and $1,700 in annual increased costs for American households.

The Guardian - AU

China sets lowest GDP growth target for decades as it braces for economic slowdown

‘High-quality growth’ target of 4.5-5% outlined at Two Sessions as Chinese premier talks of complex situations at home and abroad

The Guardian - AU

Australia’s GDP growth is partly due to government spending. So why isn’t the Coalition complaining?

After such a long period of miserable figures, seeing the economy grow closer to 3% is a relief

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