World Bank forecasts global growth for 2027 at 2.4%, while it says investment remains subdued as firms await clearer signals on the external environment and domestic policy, which it called a binding constraint on growth
The World Bank's forecast of global growth at 2.4% for 2027 suggests a cautious outlook, reflecting subdued investment as businesses are hesitant amid uncertainty in external conditions and domestic policies.
Brazil court suspends oil export tax for Shell (SHEL LN), Equinor (EQNR), TotalEnergies (TTE FP) and Repsol (REP SM)
IRGC claimed on Thursday that shipping through the Strait of Hormuz slowed sharply and then stopped following what it said was an Israeli ceasefire violation in Lebanon, according to CNN
World Bank forecasts global growth for 2027 at 2.4%, while it says investment remains subdued as firms await clearer signals on the external environment and domestic policy, which it called a binding constraint on growth
Iranian Parliament's Security and Foreign Policy Committee Chairman Ibrahim Azizi says '"Once again, you have proven that you do not know the meaning of a ceasefire" and "Only fire will discipline you...so wait for it"
North Korea state media KCNA reports that North Korea has tested some missiles and also tested an electromagnetic weapon system
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This highlights potential headwinds for growth, signaling to markets that without stronger policy clarity, recovery could remain sluggish, impacting risk sentiment and possibly influencing monetary policy discussions.
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