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Spending patterns portend permanent economic changes

Location:

INT

Services spending shows little sign of recovering, exacerbating the inflationary imbalances in durable goods and energy

Inclusion and privacy policies may lag cashless growth

Location:

INTERNATIONAL

Cashless spending is surging, giving customers and traders more flexibility and reducing ‘organisational’ costs

Big tech’s share of some finance segments will surge

Location:

INT

The network-to-activity loop lets ‘big tech’ firms gain market share quickly, but the loop may be vicious not virtuous

Trade shifting from multilateralism to smaller groups

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INT

The WTO meeting may struggle to reach agreement on fishing and farming, let alone on dispute resolution or digital trade

Many middle-income states face a fragile recovery

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INT

The G20 summit pledged vaccine equity to help low-and-middle-income nations, but not broader economic commitments

AI proliferation will have serious environmental costs

Location:

INT

Recent breakthroughs in AI will intensify the digital economy’s environmental footprint

Space junk threatens national security

Location:

INTERNATIONAL

Critical national infrastructure is exposed to vast clouds of metal fragments circling the Earth at the speed of bullets

Policy and technology are key to full financial access

Location:

INT

Nearly 70% of all over-15s are ‘banked’; at least 76% of them have also made a digital transaction

The job dislocation of COVID-19 will reduce global GDP

Location:

INTERNATIONAL

The more jobs that are lost worldwide this year, the more disjointed the economic recovery will initially be