Trump Says NATO Nations Should Spend 5% of GDP on Defense
President-elect Donald Trump said NATO nations should spend the equivalent of 5% of their economic output on defense, ramping up his demands on European allies to more than double the current target.
European Defense Stocks Climb After Trump's NATO Remarks
Shares of European defense companies were on the rise Wednesday after Donald Trump renewed his calls for higher spending from members of NATO. Trump said in a wide-ranging press conference Tuesday that North Atlantic Treaty Organization members should spend 5% of gross domestic product on defense.
Trump: "I Saved NATO, But NATO Has Taken Advantage Of Us"
Donald Trump said NATO member states should be paying 5% of their GDP into their militaries during a press conference Tuesday at Mar-a-Lago: REPORTER: If I could just follow up on Ukraine and Iran, the two negotiations you'll be heading into.
Trump calls on NATO to raise defense spending benchmark to 5% of GDP
U.S. President-elect Donald Trump said on Jan. 7 that NATO should raise its defense spending benchmark from 2% of GDP to 5%, echoing his earlier calls for Europe to spend more on its security.
Donald Trump steps up the pressure on NATO
US President-elect Donald Trump on Tuesday urged NATO members to increase their defense spending to 5% of GDP. Donald Trump continues to hammer home his claims that these countries pay too little to be protected by the US.
Donald Trump demands NATO allies double defense spending or risk losing US support
During a rambling speech, Trump also vowed to change the name of the Gulf of Mexico to the Gulf of America and said the US would demand that NATO countries boost defense spending
China revises up 2023 GDP, sees little impact on 2024 growth
China revised upwards on Thursday the size of its economy by 2.7%, but said the change would have little impact on growth ...
Economists Have Predictions for 2025, But How Accurate Are They?
As a new year begins, professional forecasters have released a slew of economic predictions for 2025. A new study suggests ...
Fact-check: Past government shutdowns cost the U.S. economy billions
Government offices and economic analysts found that previous full and partial government shutdowns cost the U.S. multiple ...
German politicians rebuke Trump over NATO defence spending demand
US President-elect Donald Trump said NATO member states should increase their defence spending to 5% of GDP and criticised ...
Will the Economy Continue Its Growth in 2025?
Forecasters see good chances the U.S. economy will continue to grow steadily in 2025, while the odds of a downturn have ...
India’s GDP growth may fall to four-year low of 6.4% in 2024-’25, say official estimates
Economic growth is expected to fall below the 7% mark for the first time in four years, down from 8.2% in financial year 2023 ...
2 Brilliant AI Stocks to Buy in January and Hold for the Long Term
The exponential growth of artificial intelligence (AI) in multiple sectors of the economy is expected to add trillions to the world's gross domestic product. Investors can already see this playing out ...
Hosted on MSN1h
These are the industries driving San Antonio's economic growth
Data: U.S. Bureau of Economic Analysis; U.S. Census Bureau; Note: Based on change in real gross domestic product from 2022 to 2023; Chart: Axios Visuals The San Antonio area had some of the fastest ...
Channel NewsAsia Singapore1d
Vietnam's 2024 GDP growth accelerates driven by strong exports
Vietnam's gross domestic product grew 7.09 per cent last year to $476.3 billion, faster than the 5.05 per cent expansion in ...
NSO projects higher consumption, lower capital expenditure growth in FY25
NSO data shows that the share of GFCF, a proxy for infrastructure investment in the economy, is expected to fall to 30.1 per ...