gdp news - Search News

UK to target 3% of GDP for defence spending

UK defence spending to rise to 2.5% of GDP by 2027, funded by cut in international aid

The announcement comes ahead of a high-stakes meeting between Keir Starmer and Donald Trump at the White House on Thursday.

Hosted on MSN · 4h

UK to hike defence spending to 2.5% of GDP by cutting aid budget

Britain will raise defence spending to 2.5% of GDP by 2027 and target 3% in the longer term by cutting its overseas development budget, Prime Minister Keir Starmer said on Tuesday. "This government will begin the biggest sustained increase in defence spending since the end of the Cold War,

UK defence spending to rise to 2.5% of GDP by 2027 - as Starmer hits out at 'tyrant' Putin

The prime minister made the unexpected announcement to raise defence spending - and reduce foreign aid - after all European leaders faced pressure from the US president to increase support.

GDP, Starmer

The Associated Press on MSN · 4h

Starmer commits to raise UK defense spending to 2.5% of GDP by 2027

Prime Minister Keir Starmer committed to raise U.K. defense spending to 2.5% of gross domestic product by 2027, saying Tuesday that Europe is in a new era of insecurity.The U.K. currently spends 2.3% of gross domestic product on defense,

Daily Sabah · 4h

Britain commits to lift defense spending to 2.5% of GDP by 2027

Britain will raise defense spending to 2.5% of gross domestic product (GDP) by 2027 and will slash its international aid budget to fund the increase,

StamfordAdvocate · 3h

UK to raise defense spending to 2.5% of GDP by 2027, Starmer says 2 days before Trump meeting

Prime Minister Keir Starmer pledged Tuesday to raise U.K. defense spending to 2.5% of gross domestic product by 2027, saying Europe is in a new era of insecurity that requires a “generational response.

13h

Bank of Korea cuts rates to bolster growth, lowers GDP forecast

The Bank of Korea lowered interest rates by a quarter of a percentage point on Tuesday, steering Asia's fourth-largest ...

3d

S&P 500: GDP To Fall To 0.6% - Darkening Picture Of Heightened Uncertainty

Stagflation looms as GDP slows to 0.6% and service inflation rises. Read more on its impact on the S&P 500 and consumer ...

Nigeria records 3.4% GDP growth in 2024

Nigeria’s Gross Domestic Product (GDP) grew by 3.84 percent (year-on-year) in real terms in the fourth quarter of 2024.

PM News on MSN2h

Nigeria's GDP grows by 3.84% in fourth quarter of 2024

The Bureau stated that the performance of the GDP in the fourth quarter of 2024 was driven mainly by the Services sector, ...

Legit on MSN43m

GDP: Nigerian Economy Growth Hit 3-Year High, NBS Lists 10 top contributing sectors

The National Bureau of Statistics (NBS) has announced that Nigeria's Gross Domestic Product which measures the economic ...

13hon MSN

Vietnam's US exports account for 30% of GDP, making it highly vulnerable to tariffs

Vietnam's goods exports to the United States accounted for 30% of its gross domestic product last year, the highest share ...

1don MSN

China's fiscal deficit target will likely rise to 4% from 3% of GDP last year: Goldman Sachs

Andrew Tilton, chief Asia-Pacific economist at Goldman Sachs, discusses the outlook for China's economy in the lead-up to ...

Some results have been hidden because they may be inaccessible to you

Show inaccessible results