Tag: GDP

U.S. Refuses to Expand NATO as Long as Members Do Not Spend More on Defense
On Tuesday, President Trump stated that NATO members should allocate 5% of their GDP to defense. On Thursday, Richard Grenell, U.S. President Donald Trump’ Envoy for Special Missions, expressed his rejection of an expansion of NATO to include countries like Ukraine, stating that current members of the Alliance are not paying “their fair share” of […]
January 23, 2025

China to Overcome Economic Challenges and Uncertainties in 2025: President Xi
The Chinese gross domestic product is expected to pass the mark of US$18 trillion in 2024. On Tuesday, Chinese President Xi Jinping called for the nation to remain confident in the coming year, saying the world’s second largest economy can overcome its challenges and pressure through hard work. RELATED: Jimmy Carter Was a Key Promoter […]
December 31, 2024

Russian Economy Has Continued to Grow Despite Foreign Sanctions: Putin
Russia has the largest European economy and the fourth largest in the world by purchasing power parity. On Thursday, President Vladimir Putin stated that the Russian economy is stable and predicted that the Gross Domestic Product (GDP) would grow by 3.9% or even 4% this year. RELATED: Russia is Getting Closer to Achieving Its Goals […]
December 19, 2024

Sustained Economic Growth in Venezuela: GDP Increases 8.5% in the First Quarter of 2024
In this regard, he mentioned a 42% increase in purchases in domestic trade during the last weekend compared to the same period of the previous year. Related: “Venezuela’s GDP Increases 8.78% in the Second Quarter of 2024”: Central Bank Reports The President of the Republic, Nicolás Maduro Moros, recently announced that Venezuela’s Gross Domestic Product […]
December 2, 2024

BRICS Output Exceeds GDP of Most Industrialized Countries: Putin
For 2028, the GDP of BRICS will reach 33.8 percent, and the G7’s output will be 27.9 percent. On Wednesday, Russian President Vladimir Putin stated that the production of BRICS countries surpasses the gross domestic product (GDP) of the Group of 7, the bloc composed of the United States, Canada, France, Germany, Italy, Japan, and […]
September 25, 2024

US Blockade Causes Cuba Losses of $5 Billion Per Year
The damage caused to the Cuban people by Washington’s foreign policy amount to about US$14 million per day. On Wednesday, Cuban Foreign Affairs Minister Bruno Rodriguez published a report showing that the U.S. blockade caused his country damages of over US$5 billion between March 2023 and February 2024. RELATED: Washington Must Remove Cuba From List […]
September 12, 2024

“Venezuela’s GDP Increases 8.78% in the Second Quarter of 2024”: Central Bank Reports
The achieved represents the continuation of the economic recovery process initiated in the second quarter of 2021.
August 29, 2024

Venezuela’s Economy Grew 7% in the First Quarter of 2024
The Venezuelan executive vice president Delcy Rodríguez said on Saturday that the Venezuelan Gross Domestic Product (GDP) grew up a 7% in the first 2024 quarter, achieving 12 quarters of continuous economic growth. RELATED: Venezuela and China Sign Three New Bilateral Economic Cooperation Agreements The also Minister of Economy, Finance and Foreign Trade highlighted that […]
June 22, 2024

Venezuelan Growth in Q1 2024 Exceeds IMF Projection
On Wednesday, Venezuelan Vice President Delcy Rodriguez confirmed that her country’s Gross Domestic Product (GDP) growth during the first four months of 2024 exceeded the forecasts of the International Monetary Fund (IMF). RELATED: USAID Carries Out Covert Operations Against Venezuela: Gil During the 7th edition of the Retail Radiography 2024 event, she stated that the […]
May 9, 2024

Eurozone Economic Growth Reached Very Low Levels in Q1 2024
On Tuesday, the European statistical office Eurostat confirmed that both the Eurozone and European Union’s (EU) economies expanded by 0.3 percent in the first quarter of 2024 compared to the previous quarter. RELATED: Skilled Labor Situation in German Healthcare Remains Tense In the fourth quarter of 2023, gross domestic product (GDP) declined by 0.1 percent […]