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UK interest rate course to determine inequality level

Location:

UNITED KINGDOM

Household wealth surged after 2013, especially for older and higher-income groups, but has fallen sharply since 2021

Taxing capital over income and spending needs momentum

Location:

INT

Wealth is more unequal than income; tackling property prices and tax is more crucial for some nations than others

China’s policies aim to erase Uighur culture

Location:

CHINA

China describes its repression in Xinjiang as a campaign against terrorism, separatism and religious extremism

Global tensions will spur value chains rethink

Location:

INT

Firms are rethinking their strategies on global value chains, which may change markedly in years to come

Chinese-made electric cars will attract Western wrath

Location:

INT

Chinese-manufactured BEVs are cheaper than Western models, accounting for nearly 10% of EU sales and 50% of imports

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

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%

Common global water pricing policy a long way off

Location:

INTL

Growing usage and pricing transparency will be critical if metropolitan pricing is to begin to align

Aircraft carriers do not make China a ‘global power’

Location:

CHINA

China’s aircraft carriers are hailed as a sign of military might and ambitions to rival US global power projection

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