Our Economy and the World Issue 414

06-07-2025

This week’s issue of “Our Economy and the World” includes:

Key Global and Regional Developments over the Past Week

  • Reuters: US manufacturing mired in weakness as tariffs bite
  • Bloomberg: Starmer says Reeves will stay as UK Chancellor despite setbacks
  • Reuters: Euro zone inflation picks up to ECB target
  • Reuters: Trump says US could reach trade deal with India, casts doubt on deal with Japan

Special Analysis 

  • World Bank: Global Economic Prospects – Global Economy Faces Trade-Related Headwinds

Developments in Financial and Commodity Markets in the Past Week

  • Reuters: Oil prices jump 3% as Iran suspends cooperation with UN nuclear watchdog
  • Reuters: Stocks climb to record gilt yields surge on finance minister uncertainty