For the second time in his political career, US President Donald Trump has initiated the process of withdrawing the United States from the Paris Agreement, a landmark global accord designed to combat climate change. Announced during his inauguration, this decision has reignited global debates over America’s role in climate action and the future of global […]

A Milestone in Trade Diplomacy In a significant development for international trade, Malaysia and the European Union (EU) have resumed negotiations for a free trade agreement (FTA) after a 12-year hiatus. This renewed effort was announced following Malaysian Prime Minister Anwar Ibrahim’s recent working visit to Brussels, signaling a mutual commitment to strengthening economic ties. […]

The International Monetary Fund (IMF) has raised its forecast for global economic growth in 2025, attributing much of the upward revision to stronger-than-expected growth in the United States. However, the IMF also warned of the potential adverse impacts of protectionist trade policies and subsidies, emphasizing their potential to disrupt global markets and harm long-term growth. […]

The World Bank has raised concerns over potential new U.S. trade policies and their adverse effects on global economic growth. In its latest Global Economic Prospects report, the Bank projected global growth would remain stagnant at 2.7% through 2024, 2025, and 2026. The report underscores the fragility of the current economic climate, highlighting the weakest […]

In a historic agreement, the World Bank has announced a 10-year Country Partnership Framework (CPF) with Pakistan, pledging $20 billion in funding to address critical development challenges and drive sustainable growth in the nation. This ambitious plan, set to roll out from 2026, aims to prioritize climate resilience, clean energy, private sector growth, and key […]

Overview of Inflation Data The United Kingdom’s inflation rate dropped to 2.5% in December, marking an unexpected cooling in consumer prices, according to data released by the Office for National Statistics (ONS). This decrease comes as a relief to policymakers and households grappling with the high cost of living. Economists had expected the consumer price […]

The United Nations’ latest economic report has projected that global economic growth will remain at 2.8% in 2025, consistent with the 2024 figure. This stagnant growth rate reflects a combination of structural challenges, subdued investment, and slowing momentum in the world’s largest economies, the United States and China. Global Economic Overview The World Economic Situation […]

Global economic growth is expected to remain at a modest 2.8% in 2025, matching the growth rate for 2024, according to the latest World Economic Situation and Prospects report released by the United Nations. While some regions demonstrate resilience, ongoing structural challenges and a slowdown in the world’s largest economies—the United States and China—are holding […]

Indonesia officially marked its entry into the BRICS economic bloc, heralding the membership as a significant milestone in its global economic and diplomatic journey. The Indonesian Foreign Ministry described the move as a “strategic step” towards deeper collaboration with developing economies and reaffirmed its commitment to fostering an equitable and inclusive global order. This development, […]

Malaysia and Singapore have embarked on a landmark initiative to strengthen their economic ties with the establishment of a Special Economic Zone (SEZ) in Johor, Malaysia. This ambitious project, announced during the annual leaders’ summit in Putrajaya, marks a significant step toward enhancing investment cooperation, fostering economic growth, and creating new opportunities for both nations. […]