Author name: Steve

Canadian housing starts plummet as interest rates bite

The Canadian housing market is facing a significant slowdown in new construction, with housing starts plummeting as rising interest rates take their toll. After years of rapid growth and booming demand, the landscape has shifted dramatically, especially in key provinces like Ontario and British Columbia. In the first quarter of 2025, new home starts across […]

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UK wage growth rises despite slowing overall economy

## UK Wage Growth: A Resilient Trend Amid Economic Challenges The UK economy has been navigating through a complex landscape, with various indicators suggesting a slowdown in overall economic growth. However, despite these broader economic challenges, wage growth in the UK has shown remarkable resilience. This trend is particularly noteworthy as it reflects the ongoing

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Argentina defaults again as debt crisis deepens

Argentina has once again found itself in the throes of a deepening debt crisis, marking another painful chapter in its long history of financial turmoil. Despite recent efforts to stabilize the economy under President Javier Milei’s market-oriented government, the country defaulted on key debt payments yet again, underscoring just how fragile its fiscal situation remains.

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India surpasses Japan in global GDP rankings

India has officially surpassed Japan to become the world’s **fourth-largest economy** in 2025, marking a historic milestone in its economic journey. According to the latest data from the International Monetary Fund (IMF), India’s nominal GDP reached approximately **$4.19 trillion**, just edging past Japan’s $4.18 trillion[1]. This shift is not just a number on paper—it reflects

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France posts strongest quarterly growth in over a decade

France has just posted its strongest quarterly economic growth in over a decade, a development that’s catching the attention of economists and policymakers alike. After years of sluggish performance and stagnation, this surge signals a notable shift in momentum for the country’s economy. The latest figures reveal that France’s GDP grew by 0.6% in the

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