🔹 India – Big Infrastructure Push
India is moving faster on large projects such as high-speed rail, ports, and highways under the Viksit Bharat 2047 plan. The goal is to support strong growth (7.8% in Q1 FY25) and prepare for long-term expansion.
🔹 Global Trade Fragmentation
World trade is becoming more divided due to political tensions and shifting policies. This is making it costlier for companies, especially in the U.S., to operate abroad and raises the risk of sudden market disruptions.
🔹 Oil Market Update
OPEC+ countries have decided to raise oil production slightly—about 137,000 barrels per day starting next month. The move signals a cautious return to higher supply while keeping energy prices in check.
🔹 U.S. – Michigan Incentives Debate
In Michigan, plans to reduce state business incentives have sparked concerns. Businesses argue that cutting support could make the state less attractive for investment and jobs.
🔹 Africa – Risk of Financial Crisis
Economic experts warn that several African nations face risks from high debt and weak investment. If financial instability spreads, it could affect global trade, aid, and supply chains.
📊 Broader Global Trends
- World Bank expects global growth to slow to around 2.3% in 2025.
- IMF is slightly more optimistic, projecting 3.0% growth in 2025.
- Labor markets differ across regions: wages rising strongly in Brazil, while the U.S. shows steady jobs but slower pay growth.
🌎 Regional Highlights
- Australia: Economy grew 0.6% in Q2 2025, but per-person income growth is weak.
- Egypt: Launching new strategies to cut debt and increase exports.
- Scotland: Economists call for major reforms in its industrial policy.
- SCO (Shanghai Cooperation Organisation): Plans to set up a development bank to fund social and regional projects.
