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U.S. envoy Amos Hochstein expressed optimism for a ceasefire between Israel and Hezbollah after talks in Beirut, stating that a 'real opportunity' exists to end the conflict. While Israel insists on a ceasefire that includes disarming Hezbollah and pushing them back from the border, Lebanon maintains its commitment to the terms of the UN Resolution 1701.
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Barclays Bank predicts subdued global economic growth of 3% in 2025, leading to potentially lower investment returns. While the US economy remains robust, the Eurozone faces slow recovery and China's growth is expected to decline. Investors are advised to prioritise quality assets and consider ESG factors in their decision-making.
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Former RBI Governor Raghuram Rajan has warned against high public debt. He says countries like the US are vulnerable to future crises. Rajan suggests reducing debt to create a buffer. He spoke at the Bancor prize award ceremony in Rome. He also advocated for reforming global institutions and increasing trade.
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News and Media
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