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Global supply chains will shift as disruptions persist

Location:

INTERNATIONAL

The general cost of materials, components and finished goods are likely to follow suit in sectors where excess demand reverts to oversupply. However, significant supply chain…

Severity of Israel’s downturn hinges on conflict moves

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ISRAEL

Israel’s war with Hamas is taking a growing toll on the economy mainly due to labour shortages. The economy has recovered quickly from previous short wars, but this conflict…

China’s ‘dual circulation’ aims at economic security

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CHINA

It contains both continuity, in its emphasis on domestic demand as a driver of growth, and discontinuity, in its shift in focus towards adjusting to unfavourable external…

Ukraine war will damage South Korea's economic growth

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SOUTH KOREA

It threatens its energy security, creates cost-push inflation due to rising prices of imported commodities and disrupts exports and supply chains. This will slow South Korea's…

June summits signal progress on EU-US trade ties

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EU/US

The two sides have suspended tariffs arising from their dispute over subsidies to Airbus and Boeing, are working on an international deal on corporate taxation and have…

Jakarta will champion developing countries in G20 role

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INDONESIA

Indonesia is the G20’s president this year. It is set to host the 17th G20 summit in Bali in late October.

US sanctions on Russia ratchet up with limited impact

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RUSSIA

The state of US sanctions against Russia.

LNG use will be crucial to nations’ energy transitions

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INTERNATIONAL

LNG is cleaner than most fossil fuels but still incompatible with net zero emissions. India, China and other Asian economies see LNG imports as a ready and economically viable…

Russia incurs heavy economic cost for invading Ukraine

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RUSSIA

Russia has experienced severe economic distress since it invaded Ukraine on February 24. Rising geopolitical risk and stringent sanctions imposed by the United States, the EU and…

Sanctions will increase risks for Russian economy

Location:

RUSSIA

However, although output has grown, a tight labour market and persistent inflation have created new problems. The reorientation of trade away from Europe has resulted in a…