IMF World Economic Outlook: In a modelled scenario where AI investment reverses and asset prices fall sharply, global GDP would be about 1.1% lower by 2028.

The German government said the maritime blockade by Iran and Houthi militia must end immediately.

President Trump said on the 12th he believes Russia and Ukraine have agreed to his proposed "energy ceasefire" and must reach a deal to end the conflict. Speaking to reporters as he left the White House for Ohio, he said Putin and Zelenskiy should sit down to negotiate, that Putin is more willing than Zelenskiy to reach an agreement, and when asked whether both sides had agreed to the energy ceasefire he replied, "They have agreed. You know why? Because I said they agreed."