Thailand Q1 GDP Grows Faster Than Expected But Ukraine War Dims Outlook

Thailand’s economy grew faster than expected during the first quarter of the year, with the help of a pickup in exports and easing of COVID-19 restrictions, although inflation poses risks for the rest of the year. Gross domestic product grew …

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Global Military Spending Rises $2T After EU Defense Upgrade

TSC GrafenwoehrA German Army Leopard II tank - Markus Rauchenberger

The global military spending rose to $2.1 trillion in 2021, an all-time high, as the European Union boosted its military defenses. Stockholm International Peace Research Institute (SIPRI) reported a 0.7 percent increase in global military spending in 2021. Amid the …

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Credit Suisse Expects Venezuela to Grow 20%

Fourth EstateRegional map of South America centered on th counry of Venezuela - Fourth Estate

Credit Suisse Group AG said on Wednesday that Venezuela’s gross domestic product would grow 20% this year due to an increase in oil production. Previously, the bank forecasted Venezuela’s economic output to 4.5% but revised its 2022 forecast while predicting …

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