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UK economy faces a shallow yet prolonged downturn

Location:

UNITED KINGDOM

The IMF forecast assumes UK interest rates peak at 6.0% (from 5.25% currently), and linger at 4.0-4.25% through to 2028. The IMF’s forecasts are similar to those of the Bank of…

South African railway reform faces major challenges

Location:

SOUTH AFRICA

Reforms to network industries, particularly of the rail and port parastatal Transnet, figure prominently in President Cyril Ramaphosa’s economic recovery plans. There has been…

Tight US job market will only suffer a mild downturn

Location:

UNITED STATES

The US economy faces a period of slow growth and possibly a short and shallow recession, but this is unlikely to cause a significant weakening of labour markets.

Australia report foresees ageing workforce

Location:

AUSTRALIA

The central finding of the report is that an ageing population will create economic and budgetary challenges for the government in the coming decades as workforce participation…

Consensus and trust are key for leaders amid COVID-19

Location:

INT

Research indicates that compared with male heads of state, female leaders more often insist on consensus-building, investment in social services and empathetic communication…

More jobs for Middle East women could boost growth

Location:

MIDDLE EAST

It launched the annual forum of ‘Top CEOs’, reflecting rapid changes in Riyadh’s policy over the past year. Saudi Crown Prince Mohammed bin Salman aims to increase female…

Kazakh transition accelerates with early election

Location:

KAZAKHSTAN

Tokayev announced the early election in a televised address just three weeks after Nursultan Nazarbayev resigned after 30 years in power. Tokayev has spent his short time in…

Modi’s poll proposal will strain Indian federalism

Location:

INDIA

Such a move could especially suit national parties like Modi’s Bharatiya Janata Party (BJP), as national issues would likely take precedence over local ones at poll time. In…

Pandemic may tighten ‘peak’ trade and FDI constraints

Location:

INTERNATIONAL

Protectionism has risen in the last decade while globalisation, having accelerated after the Second World War and especially the 1980s, has stuttered. The pandemic is exacerbating…

South-east Asian e-commerce has wide gender gaps

Location:

SOUTH-EAST ASIA

It is expected to triple again by 2025. The IFC believes about USD280bn could be added to the robust forecast for the value of the region’s digital economy in 2030 -- USD1tn -- if…