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Vietnam says 2024 GDP may decline 0.15% due to Typhoon Yagi's impact
Vietnam's economic growth in 2024 may decline by 0.15% compared to the previous forecast due to the impact of Typhoon Yagi, Asia's most powerful storm this year, according to Planning and Investment Minister Nguyen Chi Dung.
Vietnam's Typhoon Yagi Death Toll Passes 250, Scores Still Missing
The death toll in Vietnam from typhoon Yagi and the landslides and flash floods it triggered rose to 254 on Friday, authorities said, as flood waters receded and search efforts pressed on. The Southeast Asian country is still reeling from the strongest storm to hit Asia this year which made landfall on its northeastern coast on Saturday.
Vietnam Sees $1.6 Billion Damage From Yagi, May Cut Into Growth
Super Typhoon Yagi and its aftermath cut a swath of destruction across north Vietnam estimated at 40 trillion dong ($1.6 billion), threatening to lower the country’s economic growth for the year.
Typhoon Yagi death toll rises to 254 in Vietnam
The death toll in Vietnam from typhoon Yagi and the landslides and flash floods it triggered rose to 254 on Friday, the state disaster management agency said, as flood waters receded and search efforts pressed on.
Super Typhoon Yagi Causes Destruction Across Asia, Vietnam Reports Four Deaths
Super Typhoon Yagi, Asia’s strongest storm of 2024, made landfall in northern Vietnam, killing at least four people and injuring dozens. The typhoon caused widespread damage, uprooted trees, and swept boats out to sea after already causing casualties in China and the Philippines.
Typhoon Yagi wrecks $1.6B damage to Vietnam: government
Yagi typhoon has caused damages worth VND40 trillion ($1.63 billion) in northern localities and might bring Vietnam’s 2024 GDP down by 0.15 percentage points from an earlier forecast, according to the government.
Typhoon Yagi batters Thailand, Myanmar as Vietnam cleans up
The death toll has continued to rise across Vietnam, Myanmar and Thailand, while scores of people remain missing. The death toll passed 300 across Vietnam, Myanmar and Thailand, with the storm threatening more extreme weather in the coming days.
1d
on MSN
Brazil sees GDP accelerating in 2024 to 3.2% growth
Brazil's Finance Ministry raised its economic growth forecast on Friday to 3.2% for this year, projecting an acceleration ...
10d
Gross Domestic Product (GDP): A Fraudulent Monument To Double Counting
All of which speaks to the impressive fatuity of economics, the profession. While there are Keynesian (majority) and ...
4d
Landmines Cost Ukraine $11 Billion in GDP Each Year, Says Report
The report showed that at current levels, landmines and explosive remnants of the war suppressed Ukraine's GDP by $11.2 ...
In Depth
4d
In Depth
Explainer: How do Ukraine's GDP-linked warrants work and why do they matter?
Ukraine wants to follow up its newly inked $20 billion debt restructuring by tackling another $2.6 billion worth of GDP ...
Mises Institute
6d
Is GDP an Accurate Measure of Reality?
Mainstream economists speak of GDP as though it is the economy itself, however, GDP is not a good measure of economic reality ...
2d
Singapore’s 2024 GDP growth likely to be on stronger side of 2%-3% range: MAS chief
MAS managing director Chia Der Jiun says inflation is easing and will decline further in 2025 Read more at straitstimes.com.
6d
on MSN
UAE's GDP grew estimated 3.4% in Q1- state news agency
The United Arab Emirates' economy grew 3.4% in the first quarter of 2024 compared with the same period the previous year, ...
4d
Summer of sport saves GDP from a surprise slump in July as economy stalls
The stellar sporting summer saved Britain’s economy from slipping backwards in July as disappointing official figures showed ...
ABC News
13d
African nations are losing up to 5% of their GDP per year with climate change, a new report says
A new report says African nations are losing up to 5% of their
GDP
every year as they bear a heavier burden than the rest ...
12d
Novo to Contribute Half Danish GDP Growth in 2024, Danske Says
Novo Nordisk A/S is likely to contribute about half of Denmark’s economic expansion this year, helping the nation to ...
Daily Mail
3d
Broke Britain: UK faces a debt mountain up to SIX TIMES the size of GDP in 50 years as aging population, climate change and global insecurity put country on 'unsustainable ...
Public spending is already standing at 45 per cent of
GDP
, the highest sustained level since the 1970s. The tax take is rising to 37.1 per cent, a peak since the 1940s. However, the OBR cautioned ...
3d
2024 U.S. Latino GDP Grows by 13% to $3.6 Trillion; The World’s Fifth-Largest Economy is Now Projected to Surpass Japan and Germany by 2027
The Latino Donor Collaborative (LDC), a think tank dedicated to producing research that highlights economic opportunities for ...
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