First Squawk
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SUMISHO AIR LEASE CORP: APPROVED PLAN TO CUT WORKFORCE BY 40 PCT, IMPACTING 64 EMPLOYEES; REDUCTIONS EXPECTED TO CONCLUDE IN Q2 & Q3 2026 - SEC FILING
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IMF'S GEORGIEVA: PROLONGED DISRUPTION INTO SUMMER WOULD PLACE GLOBAL ECONOMY IN ADVERSE POSITION; RAPID WORLDWIDE RECOVERY POSSIBLE IF WAR CONCLUDES WITHIN TWO WEEKS
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IMF'S GEORGIEVA: RAPID GLOBAL RECOVERY STILL ACHIEVABLE IF WAR ENDS WITHIN TWO WEEKS; CONTINUED DISRUPTION THROUGH SUMMER PUTS GLOBAL ECONOMY IN ADVERSE POSITION

20 PCT OF OIL & GAS STILL ABSENT FROM WORLD ECONOMY; ENGAGING WITH NATIONS ON REQUIRED SUPPORT
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IMF'S GEORGIEVA: CENTRAL BANKS RISK SUFFOCATING GROWTH IF THEY TIGHTEN POLICY PREMATURELY; HOWEVER IF PROLONGED IMPACT ALLOWS SECONDARY PRICE EFFECTS TO MATERIALIZE, MANY CENTRAL BANKS WILL NEED TO ACT

FISCAL AID TO OFFSET HIGHER ENERGY COSTS SHOULD BE NARROWLY TARGETED &
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UKRAINE'S ZELENSKIY: NO CONFIRMATION ON TIMING OF WITKOFF & KUSHNER VISIT TO UKRAINE
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IRANIAN LAWMAKER: IRAN WILL KEEP ENGAGING IN TALKS TO EXPOSE US CONDUCT - CNN
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COMMERZBANK CEO ORLOPP: HELD DISCUSSIONS ON POTENTIAL DEAL WITH UNICREDIT BUT VIEWS DIVERGE SIGNIFICANTLY AT PRESENT - BTV
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IMF’S GEORGIEVA SAID A QUICK END TO THE WAR COULD DRIVE A RAPID GLOBAL RECOVERY, BUT PROLONGED DISRUPTION INTO SUMMER WOULD PUT THE ECONOMY IN AN ADVERSE POSITION
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IMF’S GEORGIEVA SAID AROUND 20% OF GLOBAL OIL AND GAS SUPPLY REMAINS MISSING, CONTINUING TO STRAIN THE GLOBAL ECONOMY
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IMF’S GEORGIEVA SAID CENTRAL BANKS MUST BALANCE RISKS, WARNING AGAINST PREMATURE TIGHTENING BUT SIGNALING ACTION MAY BE NEEDED IF SECONDARY INFLATION EFFECTS EMERGE
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IMF’S GEORGIEVA SAID GOVERNMENTS SHOULD PROVIDE TARGETED, TEMPORARY FISCAL SUPPORT FOR ENERGY SHOCKS AND AVOID BROAD, UNFOCUSED SPENDING
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IMF’S GEORGIEVA SAID IMF WILL HOLD BIWEEKLY CALLS WITH THE WORLD BANK AND INTERNATIONAL ENERGY AGENCY TO ASSESS THE IMPACT OF ENERGY DISRUPTIONS
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IMF’S GEORGIEVA SAID THE OIL SHOCK IS DIVERTING ATTENTION FROM OTHER KEY RISKS INCLUDING AI AND FINANCIAL STABILITY CONCERNS
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IMF’S GEORGIEVA SAID THE FUND IS WELL-PREPARED WITH STRONG EMERGENCY FINANCING AND RELIABLE PRECAUTIONARY TOOLS TO SUPPORT COUNTRIES
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WHITE HOUSE: 103 EMPTY VESSELS EN ROUTE TO US PORTS TO LOAD OIL - CBS
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UK CHANCELLOR REEVES PROPOSES LESS THAN GBP 10 BLN DEFENCE SPENDING OVER 4 YEARS - THE TIMES
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US API CRUDE OIL STOCK CHANGE: +6.1 MLN (FCST -1.3 MLN, PREV +3.719 MLN)
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BROADCOM AND META ANNOUNCED AN EXTENDED PARTNERSHIP TO DEVELOP NEXT-GENERATION AI ACCELERATOR CHIPS AND DEPLOY MULTI-GIGAWATT SCALE CUSTOM SILICON (MTIA) OVER THE COMING YEARS
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BROADCOM SAID INITIAL DEPLOYMENT COMMITMENT EXCEEDS 1GW IN THE FIRST PHASE OF A BROADER MULTI-GIGAWATT ROLLOUT TO SUPPORT META’S AI INFRASTRUCTURE
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BROADCOM AND META WILL COLLABORATE OVER THE NEXT THREE YEARS ON ADVANCING AI CHIP TECHNOLOGY TO POWER LARGE-SCALE DATA CENTER AND AI WORKLOADS
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BROADCOM SAID CEO HOCK TAN WILL STEP DOWN FROM META’S BOARD AND TRANSITION INTO AN ADVISORY ROLE WITH THE COMPANY
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