Britain cuts thousands of civil servants to boost defense spending to 2.5% of GDP April 25, 2024 A large increase over the next six years indicates what Britain will do in its defense spending, to reach a level equal to 2.5%…
Its perpetual public debt as Greece’s dependency factor March 7, 2024 The public debt (Central Government Debt) amounted to €406.5 billion at the end of 2023 and is increased compared to the previous year by…
Aid to Ukraine rose to record levels, while aid to Africa fell by 7.4% February 1, 2024 In 2022, Ukraine received more aid in one year than any other country since records began, although some of this was spent on refugees…
USΑ: GDP growth, but households and small businesses are “suffocated” by the cost of living February 1, 2024 According to data released by the Bureau of Economic Statistics (BES), US real GDP grew at an annual rate of 3.3% in the fourth…
Why does GDP growth equal population growth and productivity growth? November 23, 2023 Even before the advent of the Covid-19 pandemic, the world had entered a strange phase, where the demographic pyramid after many generations was being…
The Productive Issue of an Economy June 15, 2023 In order to see if an economy has entered a long-term path of dynamic development that will inevitably result in its transformation within a…
The Eurozone is in a technical recession June 8, 2023 The Eurozone economy contracted marginally by 0.1% in the first quarter of 2023 compared to the previous quarter, against a previous estimate of 0.1%…
The way of estimating the Nominal value of Public Sector Expenditures May 18, 2023 A few days ago, the IMF published a study on the impact of inflation on public finances (“The Effects of Inflation on Public Finances“,…
BRICS overtake G7 in GDP: leading to world de-dollarization April 13, 2023 The total GDP of the BRICS countries exceeded the GDP of the G7 member countries, according to data from last October, but recently released…