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US GDP is set for a rapid consumption-led rebound

Location:

UNITED STATES

Economic activity is likely to heat up rapidly as people spend some of the savings accumulated in 2020 and direct payments given to them by the federal government.

COVID-19 global climate impact may be brief

Location:

INTERNATIONAL

COVID-19 and climate.

The WHO’s COVID-19 pandemic declaration may be late

Location:

INTERNATIONAL

Until this point, the organisation had resisted using the term despite COVID-19 reaching all continents apart from Antarctica and a growing external scientific consensus that the…

A revival of money velocity would pressure the US Fed

Location:

UNITED STATES

The debate about how transitory this inflation is will persist. One way to consider the phenomenon is to examine the velocity of money -- the ratio of nominal GDP to monetary…

Rising state budget gaps could rein in the US rebound

Location:

UNITED STATES

Fiscal constraints limit the ability of US states to practise counter-cyclical fiscal policy, and some states and municipalities had budgetary troubles even before the pandemic…

Rising US health spending will hit government budgets

Location:

UNITED STATES

Healthcare spending fell following the onset of COVID-19 as savings from patients foregoing non-COVID care offset the additional costs of fighting the pandemic. While the…

EU’s gas position will remain exposed to shocks

Location:

EU

It is expected to receive much less Russian gas this year than last. Power sector developments and increased liquefied natural gas (LNG) import capacity are both positive, but the…

Putin hovers between Russian and 'Eurasian' aims

Location:

RUSSIA

Putin has alternated between this limited war aim and a desire for the total conquest of Ukraine. These seemingly incompatible aims stem from different nationalist traditions, one…