US Budget Deficit Approaches $2 Trillion as Government Spending Outpaces Revenue
WASHINGTON: The United States recorded a federal budget deficit of approximately $1.993 trillion in fiscal year 2026, highlighting growing concerns...
International Economy
OECD Data Shows Inflation Trends Remain Uneven Across Major Economies
New consumer price data released by the Organisation for Economic Co-operation and Development is providing fresh insight into how inflation...
OECD Projects Moderate Global Growth as Inflation and Economic Risks Persist
Paris: The global economy is expected to continue expanding in 2026 and 2027, but growth is projected to remain moderate...
Indonesia to Repay Bank Loans Supporting Nationwide Village Cooperative Programme
Indonesia is preparing to repay bank financing used to support a nationwide village cooperative programme, as the government moves to...
OECD Unemployment Rate Holds at 4.9 Percent as Labour Market Remains Resilient
The unemployment rate across the Organisation for Economic Co-operation and Development remained at 4.9 percent in July 2026, according to...
G20 Economic Growth Slows as OECD Data Shows 0.7 Percent Expansion in Second Quarter
Economic growth across the G20 group slowed during the second quarter of 2026, according to the latest figures from the...
ASEAN Economic Ministers Advance Regional Trade Integration and New Trade Facilitation Measures
Manila, September ASEAN economic ministers have renewed efforts to strengthen regional trade integration, improve the movement of goods and prepare...
Global Economic Growth Slows Slightly as Second-Quarter GDP Expansion Eases
Global Economy: The world economy recorded a modest slowdown in growth during the second quarter of 2026, according to newly...
High Public Debt, EU Accession and Asia’s Growth: Key Themes in This Week’s Economic Outlook
Washington, September 12, 2026: High public debt is emerging as an increasingly complicated factor for governments and central banks attempting...
NEW DELHI — India’s currency market is facing renewed pressure as elevated crude oil prices increase concerns over the country’s import bill and external financial position.
The rupee has come under strain as international oil prices remain above the $100-a-barrel mark. Because India imports a substantial...
OECD Report Examines How Social Protection Systems Are Being Financed
The Organisation for Economic Co-operation and Development (OECD) has published a new report examining how countries finance social protection systems...
World Bank Sees Opportunity for Zimbabwe to Turn Economic Stability Into Long-Term Job Growth
HARARE — Zimbabwe has an opportunity to build stronger long-term economic growth and expand formal employment after recent improvements in...
Global Trade Heads Toward Record Year as UNCTAD Warns of Rising Price Pressures
Geneva, Global trade remained on a strong growth path during the first half of 2026, but rising prices, geopolitical tensions...
OECD Economy Expands 0.5% in Second Quarter as Global Growth Shows Mixed Signals
GLOBAL DATA AI Generated Image Paris, Economic activity across the Organisation for Economic Co-operation and Development (OECD) area strengthened slightly...
Global Economy Set for 3% Growth in 2026 as AI Momentum Offsets War-Related Pressures
Global growth is projected at 3.0% in 2026 and 3.4% in 2027, according to the IMF's latest World Economic Outlook...
IMF Keeps Global Growth Outlook at 3% as War Risks and AI Boom Pull Economy in Opposite Directions
The global economy is showing greater resilience than many expected despite geopolitical tensions, energy disruptions and uncertainty surrounding international trade....
OECD: Food Inflation Slows to 3.4% Across Member Countries in June 2026
Paris — Food inflation across the Organisation for Economic Co-operation and Development (OECD) eased to 3.4% year-on-year in June 2026,...
