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Immigration is key to US job market and economic plans

Location:

UNITED STATES

Behind this workforce expansion is higher immigration that has allowed considerably more new jobs without raising real wages. Immigration explains some of the strength in…

South Africa mining slump hurts ANC election campaign

Location:

SOUTH AFRICA

The timing is disastrous for the ruling ANC party, which faces elections in May with its support already crumbling, in part due to its poor performance on economic issues. Major…

Biden will stress regional economic development work

Location:

UNITED STATES

With the economy a central issue for many voters, Biden is stressing his administration’s focus on place-based economic development (PBED), an approach to shaping the economic…

Uruguay's green hydrogen projects will face opposition

Location:

URUGUAY

The plant would be Uruguay’s largest-ever private investment, providing an estimated 3,000 jobs and producing synthetic fuels including green gasoline and green methanol, a…

Prospects for the global economy in 2024

Location:

PROSPECTS 2024

Weak trade and fiscal policy constraints suggest global GDP growth will slow somewhat in 2024, with China and the United States losing momentum. Hopes for growth-boosting rate…

Russia will expand support to small businesses

Location:

RUSSIA

However, small- and medium-sized enterprises (SMEs) play a significant role in the economy, especially in service industries. They also provide a rising share of new jobs. The…

Chinese EV investment runs risks in Hungary, Slovakia

Location:

EASTERN EUROPE/CHINA

Slovakia’s first EV battery plant aims to support the nascent EV industry and underlying supply chains. Foreign capital and technological innovations are key for Central European…

Ageing will drive social care demands in Latin America

Location:

LATIN AMERICA

Latin America’s population is ageing rapidly amid declining birth rates and rising life expectancy. This is driving a need for urgent action to prevent demographic changes…

China’s economic targets will get trickier to achieve

Location:

CHINA

The GDP growth target of 5% and the urban job creation target of 12 million are unchanged from last year, but harder to achieve as the post-pandemic rebound fades and large-scale…

US AI governance is headed for default soft law

Location:

US

This debate ranges from privacy and data protection questions to the potential for wide-scale job destruction and whether AIs pose an existential risk to humanity. A matrix of…