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Economy

Global Tourism Sector Forecast to Reach $12 Trillion Impact by 2026.

May 15, 2026 at 2:07 AM

New projections from the World Travel & Tourism Council indicate that the global tourism industry will outpace broader economic growth in 2026, contributing $12 trillion to the global GDP and supporting 376 million jobs.

10 sources

Global Tourism Sector Forecast to Reach $12 Trillion Impact by 2026

Image Credit : connectingtravel.com

Technology

Image Source : sesamedisk.com

Global AI Investment Projected to Skyrocket to $3 Trillion by 2035.

May 14, 2026 at 11:34 AM

6 sources

Economy

Image Source : theweek.in

Pakistan Records Economic Growth Despite Rising Mideast Tensions.

May 13, 2026 at 2:03 PM

8 sources

Local News

Sri Lanka’s Omission from IMF GDP Projections: A Wake-Up Call for Structural Reform.

Former ADB Institute researcher Ganeshan Wignaraja highlights that Sri Lanka's absence from recent IMF growth projections underscores the urgent need for deep structural reforms beyond mere crisis management.

May 5, 2026 at 7:40 AM

10 sources

India's Economic Stability Masks Growing Struggles in the Informal Sector

Image Source : bfsi.economictimes.indiatimes.com

Economy•

May 2, 2026 at 8:36 AM

India's Economic Stability Masks Growing Struggles in the Informal Sector.

While India’s overall GDP growth remains resilient at 6.7%, economists warn that the country's vast informal sector is suffering from significant, unmeasured pressure caused by global geopolitical conflicts and rising costs.

17 sources

Economy

US Economic Growth Accelerates in Q1 2026 Amid Geopolitical Headwinds.

April 30, 2026 at 12:41 PM

The US economy saw a real GDP growth of 2% in Q1 2026, marking a recovery from the previous quarter, despite pressures from inflation, rising energy costs linked to the Iran conflict, and a fluctuating labor market.

16 sources

Economy

Hong Kong Records Historic Trade Deficit Amid Tech Hardware Surge.

Hong Kong has reported its widest trade deficit since 1952, reaching HK$89.1 billion, driven by a 41% surge in imports linked to the global AI investment boom and regional supply chain shifts.

April 29, 2026 at 6:44 AM

10 sources

Local News

Sri Lanka Records Economic Milestone as Per Capita GDP Crosses $5,000 in 2025.

Sri Lanka achieved a significant economic milestone in 2025, with per capita GDP surpassing the USD 5,000 threshold for the first time, fueled by strong growth in industry and services despite regional weather challenges.

April 26, 2026 at 8:32 PM

10 sources

Economy

Image Source : ft.com

U.S. Economic Activity Shows Resilience Amidst Persistent Inflationary Pressures.

April 23, 2026 at 1:57 PM

5 sources

Economy•

April 23, 2026 at 8:06 AM

Eurozone Economic Activity Contracts Amid Escalating Geopolitical Tensions.

The Eurozone private sector has entered a contraction phase for the first time since late 2024, as the services sector falters under the weight of the ongoing Iran war and its impact on consumer sentiment.

4 sources

Economy

Russian Economic Performance Under Scrutiny as Government Confronts Stagnation.

April 16, 2026 at 10:04 AM

President Vladimir Putin has expressed frustration over Russia's economic performance, citing significant contractions in GDP and key industrial sectors as the nation faces budget deficits and declining oil revenues.

8 sources

Russian Economic Performance Under Scrutiny as Government Confronts Stagnation

Image Credit : kyivpost.com

Technology

Image Source : atlantafed.org

Beyond GDP: Why 'Gross Domestic Intelligence' Is the New Metric for National Power.

April 10, 2026 at 10:42 PM

8 sources

Economy

Image Source : cbc.ca

Canada Economic Outlook Diminished by Middle East Conflict and Energy Price Volatility.

April 6, 2026 at 12:09 PM

9 sources

Local News

Image Source : lankatalks.com

Sri Lanka’s Economic Growth Outlook Revised Downward Amid Global Uncertainties.

April 3, 2026 at 2:27 PM

18 sources

Italy's Fiscal Target Missed: Budget Deficit Climbs Above EU Threshold

Image Source : ilmessaggero.it

Economy•

April 3, 2026 at 9:18 AM

Italy's Fiscal Target Missed: Budget Deficit Climbs Above EU Threshold.

Italy's budget deficit reached 3.1% of its GDP last year, exceeding the European Union's fiscal ceiling and marking a significant challenge for Prime Minister Giorgia Meloni's administration.

4 sources

Economy

German Economic Growth Forecasts Slashed Amid Escalating Middle East Tensions.

April 1, 2026 at 10:15 AM

Leading German economic institutes have halved their 2026 growth projections to 0.6%, citing the destabilizing impact of the Iran conflict on inflation and consumer spending.