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Risks to China from unemployed youth rise

Location:

CHINA

The timing is suspicious: urban youth unemployment hit an all-time high of 21.3% in June. This is around 6 million people aged 16-24, double the number before the pandemic. For…

Foreign firms' influx will accelerate Saudi change

Location:

SAUDI ARABIA

Without this, companies will not be awarded any government contract worth more than SAR1mn (around USD220,000). To date, the government has issued 162 regional headquarters…

Economic reforms will boost Omani employment

Location:

OMAN

This comes on the back of government efforts to implement reforms, including the passage of a new labour law in July. The law aims to support growth and increase the employment…

Private-sector credit squeeze hits Argentine recovery

Location:

ARGENTINA

The government has continued to absorb banks’ liquidity to close the fiscal deficit, with most private investors reluctant to finance the Treasury. The decline in demand for…

Tight US job market will keep monetary policy tight

Location:

UNITED STATES

Despite fears of a recession, the US economy continues to add jobs and employers report difficulties attracting and retaining workers. Wage growth is decelerating fitfully…

New rules may help consolidate Nigeria's banks

Location:

NIGERIA

The new regulations respond in part to the naira’s recent devaluation and depreciation, which have substantially shrunk domestic banking capital in dollar terms. It is the first…

Brazil renewables will gain priority amid challenges

Location:

BRAZIL

Brazil has one of the cleanest energy matrixes in the world by international standards. However, the production of oil and oil derivatives continues to grow, and the country is…

EU/UK financial trading risks need close monitoring

Location:

EU/UK

Hedge funds are systemically important participants in financial markets and their preference for leverage amplifies their impact, especially when interest rate changes prompt…

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…

Australia visa changes respond to mounting pressures

Location:

AUSTRALIA

The reforms follow a review of migration policy completed last year which found the current system to be not fit for purpose as many migrants were no longer easing shortages of…