GDP

BRICS Declaration Calls for a ‘ ‘Democratic World Order’

The China-led BRICS coalition released a declaration from its annual summit.

Argentina Achieves Historic Trade Surplus for Tenth Consecutive Month

Financial analysts reported on Wednesday that Argentina achieved a trade surplus for the tenth consecutive month in September under libertarian President Javier Milei, nearing...

JPMorgan CEO Warns United States ‘Speeding Toward a Cliff’ As Debt Continues to Increase

JPMorgan Chase chairman and CEO Jamie Dimon says the United States is "speeding toward a cliff" as the nation's debt continues to mount.

Iran, Russia to Trade Local Currencies Instead of U.S. Dollar

Iran and Russia have finalized an agreement to trade using their local currencies instead of the U.S. dollar, according to Iranian state media.

Larry Elder Suspends Presidential Campaign, Supports Trump

Republican presidential candidate Larry Elder announced that he has suspended his campaign to support Donald Trump.

U.S. Budget Deficit Hits $1.7 Trillion

The U.S. budget deficit increased 23 percent to $1.7 trillion, an increase of $320 billion, in the year after the Biden administration pushed through the Inflation Reduction Act which it claimed would close the government’s funding gap.

West Funds Nearly 70% of Zelensky Administration’s Ukraine Operations

Ukraine, facing ongoing internal and external conflict, is experiencing a substantial reliance on international aid, with external assistance forming about 70% of its budget.

Africa Climate Summit Proposes Carbon Tax On World’s Wealthiest Nations

Speakers at Africa's Climate Summit suggested a global tax on carbon emissions in order to help boost the countries low GDP rates.

BRICS Expansion Could Threaten U.S. Financial Dominance

The BRICS consortium (comprising Brazil, Russia, India, China, and South Africa) is set to see its share in global GDP jump to 30% in January 2024.

U.S. Inflation Rises to 3.2% Under Biden

Digging deeper into the data, "core inflation," which excludes the often fluctuating prices of food and energy, rose to an alarming 4.7% for the year.

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