Gdp
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Biden Administration Downplays Recession Warnings As Midterms Approach
The Biden administration continues to play down the possibility of the US facing a recession in the near future amid warnings that the process may kick off in just a matter of months.
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UK Defense Spending to Double to £100bn by 2030, Says Minister
The UK defense secretary, Ben Wallace, said military spending will double from its current level to hit £100bn in 2030 as a result of Liz Truss’s commitment to increase the armed forces’ budget to 3% of GDP.
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Iran’s tourism income sees 40% growth in 2021
The total contribution of travel and tourism to Iran’s GDP saw 40-percent increase in 2021, with international visitors spending 2.5 billion dollars in Iran that year, data by World Travel and Tourism Council (WTTC) shows.
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Iran-Eurasia trade in dire need of infrastructural progress
Gilan province in northern Iran requires infrastructural development to pave the ground for enhanced economic cooperation between Iran and Eurasia market.
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Italy populists Five Star and League launch government pact
The two populist parties preparing to govern Italy have published a joint policy programme including tax cuts and a guaranteed basic income for the poor.
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Iran's Gross Domestic Product up 65%
Iran Statistics Center says Iran's Gross Domestic Product (GDP) grew by 6.5 percent in the first six months of this Iranian calendar year of 1395 (started on March 20) compared to the figure in the same period last year.