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Flat US defence spending puts Pentagon under pressure

Location:

US

While Congress broadly supports existing defence programmes and the current level of spending, an increase below inflation leaves the Pentagon struggling to manage current…

China’s army will step up reform efforts

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CHINA

This was consistent with a long-running emphasis on preparing the PLA for future warfare that involves new types of informational and technological dynamics. One effect will be to…

Water scarcity will add costs for Middle East AI hubs

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MIDDLE EAST

In aggregate, Israel and leading Arab states plan to spend approximately USD100bn over the next few years to develop data centres to support the AI ecosystem. This will require…

China-Germany ties will be impacted by trade clashes

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CHINA/GERMANY

Germany’s trade and supply-chain dependence on China, and its sizeable corporate investments in the country, are at odds with pressure from both Brussels and Washington to take a…

Market concentration will remain high in Latin America

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LATIN AMERICA

Markets in the region are characterised by the dominance of a small number of large firms, and the Bank believes that governments can spur growth by strengthening competition…

Policy can deal with climate and development together

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INT

Emerging markets and developing economies (EMDEs) bear little responsibility for the build-up of greenhouse gas (GHG) emissions but are highly vulnerable to climate change…

Incentives may fuel East Africa green transport growth

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EAST AFRICA

Driven in part by foreign exchange shortages and petroleum import costs, the measure also seeks to leverage Ethiopia’s own electricity resources to underpin a new ‘green…

US oil and gas sector stays strong under Biden for now

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UNITED STATES

President Joe Biden has adopted a gradual approach to replacing fossil fuels with renewable resources, but a second term would see him under greater pressure to address record…

Australia's green push may not be enough for investors

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AUSTRALIA

The policy aims to position the country as a leader in the clean energy sector by strengthening local manufacturing and innovation. Tax breaks will be available for the…

Washington seeks dialogue to limit damage to ties

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CHINA/UNITED STATES

Washington is attempting to limit a further deterioration in relations ahead of its November elections, while simultaneously stiffening tariffs on China amid an expanding…