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Global spending needs will undermine austerity call

Location:

INT

The IMF urges “decisive fiscal consolidation” to guard public budgets and rebuild buffers, but spending needs will rise

US peace efforts will face Arab distrust

Location:

MIDDLE EAST

Washington seeks a ceasefire and offers a pathway to a Palestinian state, but the region’s public is sceptical

Rising Argentina poverty brings long-term challenges

Location:

ARGENTINA

Urban poverty rose from 40.1% in the first half of 2023 to 41.7% in the second, with indigence up from 9.3% to 11.9%

AI augmentation and automation will alter job markets

Location:

INT

AI will lift global economic productivity over the coming decades, but also transform labour markets

Israel’s Gaza war aims will founder on contradictions

Location:

ISRAEL

Prime Minister Binyamin Netanyahu is playing a short-term tactical game, at home and abroad

Future climate scenarios highlight rising risks

Location:

INT

Climate change impacts will not be avoided, but can be managed and eased to some extent

Germany’s political fragmentation will deepen

Location:

GERMANY

Three new parties have been launched in Germany since the start of this year

Wealth shifts across ages will exacerbate inequalities

Location:

INT

Huge wealth transfers from those currently over 60 to the under-60s in the coming decades will have broad implications

African states will struggle to increase revenue

Location:

AFRICA

The average tax intake of African countries remains markedly low