California surpasses Japan to become worlds fourth-largest economy

Sacramento: Californias economy has overtaken Japan to become the worlds fourth-largest economy, behind only the United States, China, and Germany in global economic rankings. California Governor Gavin Newsom made the announcement, citing the latest data from the International Monetary Fund and the US Bureau of Economic Analysis. The Golden States nominal GDP reached $4.1 trillion []

25 Apr 2025 7:15 pm

UK economy hit by US tariffs, government may intervene

Oxford: Ironclad and nonnegotiable is how UK prime minister Keir Starmer recently described the countrys fiscal rules. The government has been coming under pressure to relax the rules and cut itself some financial slack. But according to the PM, these self-imposed restrictions are vital for maintaining UK economic stability. What Starmer is referring to is []

14 Apr 2025 12:53 pm