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Investor concern may impact Australian emission target

Location:

AUSTRALIA

Although one-third of Australian electricity now comes from clean sources, a series of regulatory issues and infrastructure project delays is leading to an exodus of private…

Geothermal energy production will grow in East Africa

Location:

EAST AFRICA

The plan envisages a massive expansion of geothermal energy, through the sinking of 57 new wells across six major steam fields, which would make Kenya the world’s fourth-largest…

Low savings limit Japanese spending and GDP growth

Location:

JAPAN

The economy slowed sharply in the second half of 2023. Consumption is lower than a decade ago, as a consequence of population ageing and insufficient savings, which reflects a…

Mexico will borrow heavily in 2024

Location:

MEXICO

Despite the unprecedented amount, demand for the bonds was substantial at USD21.3bn. The government has forecast a public sector borrowing requirement equivalent to 5.4% of GDP in…

Climate finance will grow but huge challenges persist

Location:

INTERNATIONAL

Climate investment globally topped USD1tn last year but remains well short of the estimated USD8tn requirement. Most funding goes to developed economies and mitigation projects…

Weaker demand to test automakers amid industry change

Location:

INTERNATIONAL

Automakers are cutting costs to invest in the electric, connected and autonomous technologies on which they are staking their future. Risks are high: new firms are challenging…

Prospects for African economies to end-2023

Location:

PROSPECTS H2 2023

The downgrade reflects the expected realisation this year of the delayed global economic slowdown. The resulting debt overhang in the region has depleted the space for fiscal…

GenAI will transform workplace tasks across industries

Location:

INT

Using machine learning algorithms, these tools leverage vast online datasets to create new and unique outputs, such as images, text, videos or code, that appear to mimic human…

US economy myths risk distorting trade policymaking

Location:

UNITED STATES

In reality, US exports and manufacturing output have never been higher. However, less than 9% of the workforce is in manufacturing, and communities and workers have been adversely…