In this episode of Consulum's GlobalME Podcast, hosts Kane Silom and Duncan Mayall break down the major economic and political developments shaking global markets. From Wall Street sell-offs stoking fears of a looming recession to China’s economic struggles, the outlook remains uncertain. Down south, Australia's GDP growth numbers disappoint, as the Treasurer faces increasing pressure amid a cost of living crisis. The duo also shifts focus to Saudi Arabia, where lower oil prices have impacted growth, and the IMF's latest report on the Kingdom provides key insights.