Global Economy News
LAST UPDATE: May 26, 2025
Global central banks talk harsh new economic realities in Tokyo
At a central bank conference in Tokyo, global financial leaders discussed challenges such as sluggish growth and persistent inflation, emphasizing the need for cautious monetary policies amid economic uncertainties.
Insight
The conference highlighted the complex balancing act central banks face in managing inflation without stifling growth. Discussions underscored the impact of geopolitical tensions, supply chain disruptions, and volatile markets on monetary policy. The convergence of diverse economic challenges necessitates coordinated strategies and adaptive frameworks to navigate the evolving global financial landscape effectively.
Emmanuel Macron touts France as ‘reliable’ partner for south-east Asia
French President Emmanuel Macron is touring Vietnam, Indonesia, and Singapore to position France and the EU as dependable partners in trade and security, contrasting with the assertive approaches of China and the protectionist stance of the U.S. under President Trump.
Insight
Macron’s visit underscores France’s strategic intent to deepen ties in Southeast Asia, leveraging its historical connections and promoting a rules-based international order. By presenting France as a stable and cooperative partner, Macron aims to fill the vacuum left by the U.S.’s unpredictable trade policies and China’s aggressive regional maneuvers. This approach may enhance France’s influence in the Indo-Pacific and strengthen the EU’s role in global affairs.
France, Vietnam sign Airbus, defence deals as Macron visits Hanoi
During President Macron’s visit to Hanoi, France and Vietnam signed 14 agreements covering aviation, defense, space, and healthcare sectors, including a significant deal for 20 Airbus A330neo aircraft for VietJet.
Insight
These agreements signify a deepening of Franco-Vietnamese relations, with France solidifying its presence in Vietnam’s aviation market and expanding cooperation in critical sectors. The deals also reflect Vietnam’s strategic diversification of partnerships amid global trade tensions, particularly with the U.S. The strengthened ties may lead to increased economic collaboration and bolster France’s influence in Southeast Asia.