GDP

80% of world economy now aiming for net zero – but not all pledges are equal

November 1, 2021

Economic

British Reporter — More than 80% of global GDP – and 77% of global greenhouse gases – are now covered by a national net zero target, up from 68% and 61% last year, according to a new tracker co-led by Oxford Net Zero. But that number shrinks to 10% of global GDP and 5% of global emissions, if only strong

GDP up by 12.5% and employment up by 1.0% in the euro area

The FINANCIAL -- In the EU, GDP up by 11.5% and employment up

by The FINANCIAL

December 9, 2020

5 mins read

European Commission revealed Autumn 2020 Economic Forecast

The FINANCIAL — The coronavirus pandemic represents a very large shock for

by The FINANCIAL

November 5, 2020

5 mins read

GDP up by 12.7% in the euro area and by 12.1% in the EU

The FINANCIAL — In the third quarter 2020, seasonally adjusted GDP increased

by The FINANCIAL

November 2, 2020

1 min read

Europe

Government debt up to 87.8% of GDP in EU

The FINANCIAL — At the end of the second quarter of 2020, the quarter in which the impacts of the containment measures as well as policy responses to the containment measures fully materialised in increased financing needs, the government debt to GDP

by The FINANCIAL

October 23, 2020

1 min read

Tech

Blockchain technologies have potential to add $1.76 trn to global GDP by 2030

The FINANCIAL — New analysis by PwC shows Blockchain technology has the potential to boost global gross domestic product (GDP) by US$1.76 trillion over the next decade. That is the key finding of a new PwC report Time for trust: The trillion-dollar reason

by The FINANCIAL

October 13, 2020

3 mins read

Tech

Nokia research says that 5G is thought to add $8trn to global GDP by 2030

The FINANCIAL — 5G-enabled industries have the potential to deliver $8trn in value to the global economy by 2030 according to new research from Nokia and Nokia Bell Labs. The 5G Business Readiness Report surveys 5G adoption among businesses around the world, providing a

by The FINANCIAL

October 12, 2020

4 mins read

Georgia

Georgia’s GDP declined by 5.3% in August 2020

The FINANCIAL — National Statistics Office of Georgia published data of rapid estimates of economic growth. Estimated real Gross Domestic Product (GDP) declined by 5.3 percent in August 2020 YoY. Asian Development Bank’s new report says that Georgia is forecast to return to the

by The FINANCIAL

September 30, 2020

1 min read

Markets

Georgia’s GDP Declined by 12.3% in Q2 of 2020

The FINANCIAL — National Statistics Office of Georgia published data of Gross Domestic Product of Georgia (2020 II quarter, preliminary data). In Q2 2020 the nominal GDP amounted to GEL 11 210.0 million. The real Gross Domestic Product (GDP) declined by 12.3

by The FINANCIAL

September 18, 2020

1 min read

WORLD

Australia falls into the first recession in nearly 30 years

The FINANCIAL — 2020 is the year Australia technically lost its famous nickname as ‘The Lucky Country’ and fell into recession for the first time in almost three decades. Australia last fell into recession in mid-1990 which ran into late 1991. But the

by The FINANCIAL

September 5, 2020

2 mins read

Markets

Georgian economy contracted by 5.5 % in July 2020

The FINANCIAL — National Statistics Office of Georgia published data of rapid estimates of economic growth in Georgia (July 2020). Estimated real Gross Domestic Product (GDP) declined by 5.5 percent in July 2020 YoY and by 5.8 percent in the first seven months

by The FINANCIAL

August 31, 2020

2 mins read

Europe

Bulgarian growth rises above expectations

Bulgarian third-quarter growth came in at 3.7% YoY in line with most countries in the CEE region. This is pushing our GDP forecast 0.3ppt higher to 3.7% for 2019

by The FINANCIAL

November 15, 2019

1 min read