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COVID-19 spread halts developing nations' GDP catch-up

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INTERNATIONAL

Amid fears of another COVID-19 wave in high-income nations, developing nations are struggling to control the first wave

Many developing nations risk missing climate targets

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INT

The IEA says that energy spending needs to more than double, and to surge in developing nations, to meet climate goals

Higher interest rates will stress real estate activity

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INTERNATIONAL

House prices have risen by 15% in emerging nations since end-2019 and 26% in advanced nations but price growth will slow

Climate change GDP risk is high regardless of income

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INT

A new study overrules past suggestions that poorer, tropical nations will lose more GDP to the impacts of climate change

High-debt, low-rates trend may trap poorer nations

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INT

The Fed and ECB have confirmed they will keep policy loose through 2019, but this may encourage more debt take-up

Many middle-income states face a fragile recovery

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INT

The G20 summit pledged vaccine equity to help low-and-middle-income nations, but not broader economic commitments

COVID-19 crisis complicates nations’ climate financing

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INT

Leaders will consider how to fund and reduce the costs of climate change with COVID-19 crisis costs still looming large

Rising inequalities will increase climate change costs

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INT

Carbon emissions inequality between and within nations fuels internal and multilateral debates about climate funding

The world economic downturn will be mild but prolonged

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INT

Core CPI is easing towards 2% official targets in major nations, but not fast enough for rate cuts to boost 2024 growth

Risks and opportunities 2021: Global economy

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INTERNATIONAL

Economic and health policies are key to the West and many developing nations emerging swiftly from double-dip recession