North America
Budget austerity will limit global spending and growth
All economies are being advised to strengthen their budgets, but this risks reducing spending on much needed reforms
InternationalGlobal growth trend is stable amid high uncertainties
The IMF sees stable but underwhelming global growth, with most major economies improving but China and US growth slowing
InternationalTurkey's US sanctions evasion to remain a thorny issue
A US appeals court ruled against Halkbank’s sovereign immunity claim in the Iran 'gold-for-oil' case
TurkeyHigh uncertainty, low asset volatility raises risks
The IMF Financial Stability report highlights the disconnect between high uncertainties and relatively low volatility
InternationalCongress will hasten US hypersonic missile development
Congress will press the Pentagon for greater progress in developing hypersonic weapons while demanding closer oversight
United StatesUS Congress moves closer to stablecoin regulation
The latest draft Senate bill on stablecoin regulation takes Congress closer to implementing wider crypto rules
United StatesNew US data transfer rules will have limited reach
US policymakers have introduced new rules regulating data transfers to minimise the threat of foreign cyber campaigns
United StatesAsia’s coal use is likely to peak by 2030
China’s coal use, while rising, is close to peak consumption, although India and ASEAN’s use will increase for longer
International
