Global Economy News
LAST UPDATE: June 23, 2025
IMF’s Georgieva Warns of Broader Risks From US Strikes on Iran
IMF Managing Director Kristalina Georgieva warned that U.S. strikes on Iran could spark broader effects beyond energy markets, potentially slowing global growth and increasing market volatility .
Insight
Her warning underscores growing concern that geopolitical shocks in the Middle East may destabilize global economic recovery and worsen energy supply uncertainty.
Japan calls for de-escalation of Iran conflict
Japan’s Foreign Minister Iwaya urged for de-escalation following U.S. airstrikes on Iranian nuclear facilities, emphasizing dialogue between Washington and Tehran .
Insight
The statement reflects Japan’s diplomatic inclination toward conflict resolution, balancing its alliance with the U.S. and concern over regional stability.
World awaits Iranian response after US hits nuclear sites
Following U.S. strikes on Iranian facilities, Iran fired missiles at Israel, warned of blocking the Strait of Hormuz, and the U.S. DHS warned of heightened threats at home .
Insight
The tit-for-tat escalation amplifies risks to global trade and security, with potential spillover into energy markets and heightened U.S. homeland alert.
Trump is still planning to attend NATO summit
U.S. President Donald Trump has confirmed plans to attend the June 24–26 NATO summit in The Hague, after signaling possible withdrawal. The summit will be streamlined to favor his preferences .
Insight
His confirmed presence underscores NATO’s desire for cohesion, but the summit’s simplified agenda around a defense spending pledge suggests a calculated effort to appeal to Trump’s transactional leadership.
Japanese Prime Minister Ishiba to skip NATO summit
Prime Minister Shigeru Ishiba has decided not to participate in the NATO summit in The Hague (June 24–26), reportedly because meetings with Indo‑Pacific leaders (IP4) and President Trump aren’t expected to occur .
Insight
This withdrawal signals Japan’s ambivalence toward NATO’s expanding Indo-Pacific strategy and highlights potential gaps in coordination between Tokyo and Western security frameworks.
