The global economy will continue to grow, albeit modestly, at rates around 2.8%–3% in 2025, driven by the strong performance of the US, China, India, and Russia. Some companies will begin to increase investment again as trade uncertainty eases slightly. Trade fragmentation will persist, especially with high levels of US tariffs redesigning supply chains and pushing countries to diversify trading partners. Extreme weather will remain a major concern, but a new global economic crisis is not expected in October. Africa will face increasing financial pressure that could have global effects if action is not taken quickly. AI governance will advance, with the entry into force of the European Union's AI Act and continued international efforts to regulate the technology.