Global Economy News
LAST UPDATE: October 9, 2025
G20’s cross-border payments push set to miss 2027 target
The Financial Stability Board (FSB) warns that efforts to make cross-border payments faster, cheaper, and more transparent will likely not meet the 2027 goals.
Insight
Structural, regulatory, and technological challenges across jurisdictions make harmonizing payment systems exceedingly difficult.
The Davos set in decline: can the World Economic Forum save itself?
A confidential investigation revealed governance failures, blurred personal-professional lines, and oversight gaps at the WEF, prompting leadership resignations. (フィナンシャル・タイムズ)
Insight
The WEF must reinvent its structural model and purpose as trust in globalist institutions wanes; its January 2026 meeting could make or break its relevancy. (フィナンシャル・タイムズ)
UN peacekeeping forces to be cut 25% due to budget strains: official
The UN is preparing to reduce its peacekeeping personnel by around 25%, withdrawing thousands of troops from multiple missions due to funding shortfalls. (Reuters)
Insight
This drastic scale-back undermines UN capacity in conflict zones and signals increasing strain on multilateral security frameworks. (Reuters)
India’s Modi, Britain’s Starmer push for benefits from trade deal to add jobs
Modi and Starmer are emphasizing that their recently agreed trade deal will deliver gains in sectors like vehicles, whisky, and textiles, aiming to generate employment. (Reuters)
Insight
The leaders are making the deal politically salient by framing it as directly beneficial to working-class constituencies.
