Javier Milei Announces First GDP Surplus for Argentina Since 2008
Argentine President Javier Milei announced that Argentina registered a 0.2 percent surplus of its GDP for the first time since 2008.
Argentine President Javier Milei announced that Argentina registered a 0.2 percent surplus of its GDP for the first time since 2008.
The economy did not grow quite as fast as previously thought in the third quarter, but the details should undermine any hopes that this might allow for earlier or deeper rate cuts from the Federal Reserve this year.
Economic success must have a price and a global tax on carbon emissions can help redress Africa’s chronically low Gross Domestic Product (GDP) rates, Kenya’s President William Ruto declared Tuesday as the first Africa Climate Summit began.
The government said that gross domestic product grew at a 2.1 percent annual pace in the the three months from April through June. The first estimate had the economy growing 2.4 percent in the quarter.
The specter of a coming economic slump haunts the return to growth shown in U.S. economic data for the third quarter.
The growth follows two straight quarters of contraction. It probably will not last.
The economy very likely grew in the third quarter, but that growth will not last.
The UK’s Green Party has demanded that the two candidate’s vying to become Britain’s next Prime Minister abandon aims for economic growth for the sake of the climate crazy agenda.
A second consecutive quarter of contraction.
The Western Energy Alliance filed suit on Wednesday challenging President Biden’s executive order to halt drilling leases on federal land.