In a recent speech, former deputy PM Suwat Liptapanlop stressed Northeast Thailand's pivotal role in reviving the national economy amid global crises. Highlighting its agricultural and cultural assets, he urged leveraging these strengths to tackle economic and debt challenges.

Russia's Central Bank held its key interest rate at 21%, counter to predictions of an increase. Despite inflation at 9.5%, the decision is seen as balancing economic growth against rising costs.

The Federal Reserve's closely watched inflation gauge rose by just 0.1% in November, indicating a moderation in price pressures. Despite this, the Fed remains cautious about future rate cuts amid potential inflation from new policies.

Global economic conditions are showing signs of persistent softness, with sub-zero inflation in major economies and downward revisions in GDP growth forecasts for 2025 and 2026. Despite these trends, Brazil is tightening its monetary policy, and OPEC+ delays production increases amid weakening demand, shaping a complex economic landscape for the coming years.

The Reserve Bank of India decided to keep the policy repo rate steady at 6.50%, while lowering banks' cash reserve ratio, amid slowing GDP growth and rising inflation. Governor Das stressed balancing inflation and growth, as forecasts for GDP growth have been downgraded and calls for a rate cut were debated.

Germany's tax revenues surged by 3.8% in 2024, driven by wage increases, yet corporate taxes fell amid economic woes. Economists foresee a GDP decline, prompting a snap election in February.

The Core PCE Price Index rose by only 0.1%, below the expected 0.2%, signaling slower inflation and easing pressure on the Federal Reserve. This may impact USD value and monetary policy decisions.

Japan's CPI inflation hit 2.7% in November 2024, surpassing expectations and continuing a rising trend that began in October. The BOJ hints at potential policy shifts if inflation keeps climbing, with upcoming wage negotiations seen as pivotal.

Japan's core CPI rose to 2.7% in November, exceeding forecasts and increasing from October's 2.3%, driven by higher food and fuel costs. This inflation surge pressures the BOJ to consider raising rates.

Citi Thailand forecasts a GDP growth rise to 3.2% in 2025, up from 2.7% in 2024, driven by strong domestic investments and a booming tourism sector. Foreign tourist arrivals are expected to hit 41 million, as investment in digital sectors and infrastructure projects boost economic momentum.

Taiwan's export orders climbed 3.3% in November 2024 to $52.27 billion, marking the ninth straight month of growth, but fell short of the expected 6.3% rise. The growth was primarily driven by demand for AI and semiconductors, though weaker smartphone shipments and a decline in orders from China and Europe presented challenges.

The Central Bank of Cyprus has raised its GDP growth forecast for 2024 to 3.7%, with unemployment expected to drop to 5%. Inflation is projected to fall to 2.2%, aided by reduced external pressures.

Argentina's economic activity contracted 0.7% year-on-year in October 2024, marking the fifth consecutive month of decline. However, a 0.6% increase was seen compared to September, suggesting a slight recovery as the country grapples with austerity measures under President Javier Milei.

Pakistan's economic woes deepen as the 2024-25 budget exacerbates middle-class struggles with high taxes and inflation. Experts call for urgent reforms and stronger local governance to spur recovery.

Italy's business morale index rose to 95.3 in December, driven by gains in the service sector, despite a slight dip in manufacturing. However, consumer confidence continues to decline, reflecting ongoing economic challenges, as GDP growth remains sluggish.

U.S. jobless claims fell to 220,000 for the week ending December 14, indicating a strengthening labor market despite economic challenges. The Federal Reserve cut interest rates amid declining inflation, projecting fewer rate cuts in 2025.

India is capitalizing on U.S.-China tensions to attract investments by strengthening trade ties with the U.S., achieving a $32 billion trade surplus in 2023/24. The nation is targeting sectors like semiconductors and defense, offering incentives to boost U.S. business presence.

The U.S. economy expanded robustly with a revised 3.1% growth in Q3 2024, driven by strong consumer spending and exports. However, concerns persist over rising unemployment and inflation, as President-elect Trump plans sweeping economic changes.

Capital Economics warns of tough times ahead for emerging markets in 2025, with growth expectations set to lag consensus forecasts. US trade policy impacts, especially on China and Mexico, coupled with weak growth in Latin America and Asia, are key factors, although Sub-Saharan Africa may see GDP improvement.