The key global economic trends that Fathom analysed during the first quarter of 2025 included China’s AI breakthrough, fiscal risks in France, and rising UK inflation uncertainty. As President Trump returned to the White House we explored early market reactions, Germany’s economic woes, Canada’s shifting alliances, Vietnam’s tech rise, China’s trade gains, and emerging markets in a new rate environment. In this note we have put together a recap of ten of Fathom’s most read research pieces for 2025 Q1,