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GDP

While You Were Sleeping: 5 stories you might have missed, Sept 21, 2026

A woman casts her ballot on the last day of voting on Sept 20 at a polling station in Podolsk, Moscow, Russia.
A woman casts her ballot on the last day of voting on Sept 20 at a polling station in Podolsk, Moscow, Russia.

Iran’s economy contracts by more than 10% during US war, official data shows

People walk past a billboard about the Strait of Hormuz, on a building in Tehran. Iran’s economy has long struggled with hyperinflation and devaluation of its currency, caused in large part by economic sanctions.
People walk past a billboard about the Strait of Hormuz, on a building in Tehran. Iran’s economy has long struggled with hyperinflation and devaluation of its currency, caused in large part by economic sanctions.

France’s debt climbs to highest since 1995: Ministry

A ministry source told reporters the public debt will reach 119.3 per cent of GDP in 2026.
A ministry source told reporters the public debt will reach 119.3 per cent of GDP in 2026.

Argentina submits 2027 budget bill to Congress, foresees 4% GDP growth

Members of the Joint Finance and Consumer Defense Committee meet to discuss the Argentine government's 2027 budget proposal, which is expected to include increased defense spending, at the National Congress in Buenos Aires, Argentina, September 15, 2026. REUTERS/Alessia Maccioni
Members of the Joint Finance and Consumer Defense Committee meet to discuss the Argentine government's 2027 budget proposal, which is expected to include increased defense spending, at the National Congress in Buenos Aires, Argentina, September 15, 2026. REUTERS/Alessia Maccioni

WTO says global trade system at critical juncture, urges reform

The WTO said existing rules have struggled to keep pace with shifts in economic power, the rise of industrial policy, digital trade and escalating political tensions between major powers.
The WTO said existing rules have struggled to keep pace with shifts in economic power, the rise of industrial policy, digital trade and escalating political tensions between major powers.

Japan may spend 3.5% of GDP on defence after US pressure

A new five-year defence spending plan is expected at the end of 2026.
A new five-year defence spending plan is expected at the end of 2026.

AfD victory clouds Merz's reform agenda as ally seeks changes

German Chancellor and Christian Democratic Union (CDU) party leader Friedrich Merz attends a press conference the day after the Saxony-Anhalt state elections in Berlin, Germany, September 7, 2026.    REUTERS/Axel Schmidt
German Chancellor and Christian Democratic Union (CDU) party leader Friedrich Merz attends a press conference the day after the Saxony-Anhalt state elections in Berlin, Germany, September 7, 2026.    REUTERS/Axel Schmidt

Japan economy grew faster than estimated, revised data show

Japan’s economy expanded 0.4 per cent in the three months to June, compared with the 0.3 per cent shown in preliminary data.
Japan’s economy expanded 0.4 per cent in the three months to June, compared with the 0.3 per cent shown in preliminary data.

Economists raise Singapore’s 2026 growth forecast to 5% on AI boom: MAS survey

All economists in the survey identified a sustained AI-driven upturn in the technology cycle as a key support to Singapore’s economic outlook.
All economists in the survey identified a sustained AI-driven upturn in the technology cycle as a key support to Singapore’s economic outlook.

Indonesia President Prabowo pledges strong growth in 2027 with 2.4% budget deficit

Indonesian President Prabowo Subianto (left), along with Vice-President Gibran Rakabuming Raka, at his annual state of the nation address on Aug 14.
Indonesian President Prabowo Subianto (left), along with Vice-President Gibran Rakabuming Raka, at his annual state of the nation address on Aug 14.

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MDDI (P) 046/10/2025. Published by SPH Media Limited, Co. Regn. No.202120748H. Copyright © 2026 SPH Media Limited. All rights reserved.