Standard Chartered’s Global Market Outlook for 2025 highlights the GCC as a bright spot for global growth, with resilient non-oil sector growth and strategic investments driving economic diversification. Despite global growth slowdown projections, the GCC is expected to outperform due to long-term transformation efforts, lower interest rates, and a conducive environment for private-sector growth. The report also addresses potential challenges from US protectionist policies, geopolitical uncertainties, and economic struggles in the euro-area and China.
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Russia – Middle East Monitor
Russia condemned Israel's attacks on Iranian nuclear facilities, warning they could lead to a "nuclear catastrophe" and violate international law. The Russian Foreign Ministry urged Israel to cease its operations immediately, emphasizing that diplomatic negotiations are necessary for nuclear non-proliferation and security, calling current support for Israel's actions opportunistic. Need More Context? 🔎
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