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US retail media advertising expenditure will multiply

Location:

UNITED STATES

Although the growth rate reverted to trend following the 35% growth seen during the pandemic-related e-commerce surge in 2021, digital advertising now accounts for three-quarters…

Ukraine's nuclear dependence on Russia will decline

Location:

UKRAINE

Nuclear power plants (NPPs) account for over 50% of the electricity supply in Ukraine. Kyiv has been seeking to break its dependence on Russia in all spheres of the nuclear supply…

Kenya’s new budget targets significantly lower deficit

Location:

KENYA

After redeeming much of its USD2bn Eurobond in February, the government has effectively dispelled fears of a default. Nevertheless, it remains under pressure to consolidate public…

China’s coal sector will grow but then shrink

Location:

CHINA

Energy security concerns and regional economic interests are driving the construction of more coal mines and coal-fired power stations, though government mandates will set a cap…

Turkey will reduce inflation gradually

Location:

TURKEY

Although the central bank has increased interest rates substantially since June 2023, the effects on economic activity and inflation have been limited. Prices and policy…

EU and UK rules on financial trading will diverge

Location:

INTERNATIONAL

Some of these rules will directly impact UK-based financial services firms enmeshed in UK markets, though the United Kingdom aspires to diverge from the common regulatory regime…

Brazil food security improves but inequality persists

Location:

BRAZIL

Of those, 8.7 million, or 4% of the population, went hungry. This represents a substantial drop from recent years, thanks to a mix of policy action and positive economic…

Rapid recovery will prove elusive in Argentina

Location:

ARGENTINA

The primary surplus (0.6% of GDP) was driven by a 35% real fall in primary spending, which offset a recession-induced 4.5% drop in revenues. Month-on-month inflation has also…

Immigration is key to US job market and economic plans

Location:

UNITED STATES

Behind this workforce expansion is higher immigration that has allowed considerably more new jobs without raising real wages. Immigration explains some of the strength in…

Recovery of Russian consumption is likely to moderate

Location:

RUSSIA

Strong household demand, now restored to pre-war levels, mitigated the impact on GDP of falling exports last year. The consumer market is profoundly changed, with new brands from…