The Organisation for Economic Co-operation and Development (OECD) has warned that both high government debt interest payments and rising US tariff barriers will dampen the United Kingdom’s economic expansion over the coming years. In its latest Economic Outlook, published on 3 June 2025, the OECD trimmed its forecast for UK growth in 2025 from 1.4% […]

In a significant breakthrough during the ongoing budget negotiations between Pakistan and the International Monetary Fund (IMF), Islamabad has secured a commitment from the Fund to provide relief to the salaried class in the upcoming fiscal year 2025-26. According to sources cited by ARY News, the IMF has agreed to reduce income tax rates across […]

A federal appeals court in Washington on Thursday temporarily reinstated the most sweeping of President Donald Trump’s global tariffs—known as the “Liberation Day” tariffs—after a lower court had struck them down as an unconstitutional overreach of executive power. The decision pauses enforcement of the U.S. Court of International Trade’s May 28 ruling, buying time for […]

A Summit of Influence: Setting the Agenda for 2030 The fifth edition of the Qatar Economic Forum, Powered by Bloomberg, wrapped up in Doha last week, drawing 3,000+ in-person attendees from over 90 countries and featuring 120+ speakers, including heads of state, Fortune 500 CEOs, policymakers and thought leaders. Against the theme “The Road to […]

Overview: A Modest Upgrade Amid Lingering Risks On 27 May 2025, the International Monetary Fund (IMF) raised its GDP growth forecast for the United Kingdom in 2025 from 1.1% to 1.2%, citing a stronger-than-expected first quarter and signs of a nascent economic recovery. However, the Fund simultaneously warned that U.S. tariffs and persistent productivity weaknesses […]

European Central Bank (ECB) President Christine Lagarde warned yesterday that the long-standing global economic order anchored by the US dollar is “fracturing,” and she called for concerted EU efforts to elevate the euro into a genuine alternative reserve currency. Speaking at the Hertie School in Berlin, Lagarde argued that multilateral cooperation is giving way to […]

Introduction Nissan Motor Co., once a global frontrunner in electric vehicles with its Leaf model, finds itself at a critical juncture. The Yokohama-based automaker recorded a ¥670.9 billion (US $4.5 billion) loss for the fiscal year ended March 31, 2025, marking its worst financial performance in recent memory (AP News). With mounting headwinds from U.S. […]

U.S. Trade Representative Jamieson Greer is pressing the European Union to unilaterally slash its tariffs on U.S. goods or risk a fresh round of 20 percent “reciprocal” duties, according to the Financial Times. In talks with European Trade Commissioner Maroš Šefčovič, Greer is set to argue that Brussels’ latest “explanatory note” falls well short of […]

Key Takeaways Procedural Milestone Sets Stage for Early-Morning Votes Shortly before midnight in Washington, the 13-member House Rules Committee reconvened after a nearly 22-hour marathon session. By an 8–4 margin, including no Democratic support, the committee approved a package of amendments and procedural motions to bring President Trump’s signature legislation—dubbed the “big, beautiful bill”—to the […]

A recent April 2025 Economic Impact Study by Nielsen has quantified what many in Thailand’s sports and tourism sectors have long suspected: ONE Championship, the world’s largest martial-arts organisation, generates approximately US $470 million in annual economic value for Thailand through its portfolio of combat-sports events (Bangkok Post, nationthailand). From packed stadiums in Bangkok to […]