Taking Government Out of GDP, An Update

The latest Real Gross Domestic Product (GDP) release from the Bureau of Economic Analysis (BEA) shows a net decrease from Q4 2024. This net decrease “primarily reflected an increase in imports, which are a subtraction in the calculation of GDP, and a decrease in government spending…partly offset by increases in investment, consumer spending, and exports.”…

Is the EU a Free Trade Zone?

On January 1, 1993, the European Single Market came into being. The previous October, British Prime Minister John Major had looked forward to “a single European market of 330 million people…A market for British computers. British cars. British televisions. British textiles. British services. British skills. The biggest free trade area in the world.”  By eliminating…

US travel ban takes effect amid LA protests against immigration crackdown | Migration News

President Donald Trump’s order banning citizens from 12 countries from entering the United States has come into effect amid rising political tensions over his administration’s harsh anti-immigration policies. The measure, announced by Trump last week as necessary to prevent the importation of “terrorists”, took effect on Monday. The clampdown comes amid chaotic scenes on the…

Final Trade (Monday June 9): D-Street closes in green as Sensex climbs 256 pts; Nifty closes at 25,103

Indian benchmark indices have largely traded in green today, with Sensex climbing 256 points to close at 82,445. While The Nifty closed just above 25,100 climbing 100 points. Markets opened the week on a positive note, with GIFT Nifty rising 75 points to a strong open.  However, shares of Zomato and Swiggy came under pressure after news surfaced about Rapido’s…