Global economy
World Bank warns of growing geopolitical commodity shocks, beyond oil crisis
Increasing geopolitical risk, despite the market resilience displayed so far, is weakening the global order
Imbalances are back on the global agenda
Policymakers must overcome the mercantilist fallacy that the way to get rich is by running surpluses forever
IMF chief Georgieva warns of ‘much worse outcome’ if Middle East war drags into 2027
The adverse scenario forecast global growth slowing to 2.5% in 2026 and headline inflation of 5.4%
Asean’s test in a fragmented global economy
South-east Asia’s resilience will depend on greater economic integration within the region and continued strategic engagement with external partners
Are stock markets in denial about the true cost of Iran war?
Macro risks suggest that the markets are too sanguine and may be mispricing the impact of the war
US-China rivalry and the Kindleberger Trap: Why inaction – not escalation – is the biggest risk
In periods of transition, the greatest threat may not be the clash of powers but the absence of leadership
IMF, World Bank meetings show limits in mitigating shocks, reliance on US for solutions
Participants swing from gloom over a worsening global outlook to tentative optimism
Iran war revives stagflation dangers for global economy
For all the gloom, multiple policymakers remain cautious about how to respond
G7 finance chiefs say it is urgent to limit Middle East war’s cost to global economy
[WASHINGTON] Finance chiefs of the Group of Seven nations on Thursday said it was urgent to limit the cost to the global economy of an enduring Middle East war and “reaffirmed the pressing need to mov...
Former US Treasury Secretary Yellen says Iran war to bring more inflationary pressure
Policymakers had signalled an expectation for one interest-rate cut in 2026, unchanged from their December forecasts