A rise in energy-related carbon dioxide emissions in the United States has emerged as one of the most significant developments in the global energy transition, underscoring how fuel prices, electricity demand and energy security concerns can temporarily outweigh long-term decarbonisation… Read More ›
Economy & Finance
Development Priorities Reshape World Bank Climate Strategy
The World Bank is shifting its approach to climate finance by replacing a long-standing lending target with a broader focus on development outcomes, signalling a change in how the institution intends to integrate climate action into its global development agenda…. Read More ›
Export Recovery Drives China’s Economic Rebound
China’s economy is showing renewed signs of stabilisation after losing momentum earlier in the second quarter, with stronger export activity emerging as the principal force supporting improvements in manufacturing and broader business activity. Recent surveys, trade data and economists’ assessments… Read More ›
South Korea’s AI Leadership Strategy Hinges on Expanding Semiconductor Capacity Beyond Seoul
South Korea has unveiled one of its most ambitious industrial strategies in decades, placing semiconductor manufacturing and artificial intelligence at the centre of its long-term economic agenda as the government seeks to strengthen the country’s position in the rapidly evolving… Read More ›
Rising AI Costs Are Driving Businesses Toward Cheaper Models and Multi-Model Strategies
The rapid adoption of artificial intelligence across industries is prompting companies to rethink how they deploy the technology, as rising operating costs increasingly outweigh the benefits of relying exclusively on the most advanced AI models. Businesses that initially embraced premium… Read More ›
Court Decision and Global Debut Shape Warsh’s US Fed Leadership
Kevin Warsh’s first weeks as chair of the U.S. Federal Reserve are unfolding against two developments that could significantly influence both the institution’s independence and the direction of U.S. monetary policy. One is the anticipated U.S. Supreme Court ruling on… Read More ›
Debt, AI Expansion and Financial Strains Reshape Global Risk Outlook: BIS
The world’s leading central bank forum has warned that a combination of mounting public debt, rapid artificial intelligence investment, persistent inflation risks and growing financial vulnerabilities is creating a more challenging environment for policymakers. According to the latest assessment from… Read More ›
Football World Cup Expansion Fuels Global Sports Betting Boom
The expansion of the FIFA World Cup is transforming more than international football. It is reshaping the global sports betting industry, creating what operators and market analysts believe could become the largest wagering event in sporting history. While every World… Read More ›
China Uses Canada to Prepare for U.S. Auto Market
China’s leading automobile manufacturers are accelerating their expansion into Canada, but the country’s relatively small vehicle market is not the primary attraction. Instead, industry developments suggest that Canada is increasingly being viewed as a strategic stepping stone toward the much… Read More ›
Labour Tensions Challenge Australia’s Resource Advantage
Australia’s resources sector has long been regarded as one of the country’s greatest economic strengths, underpinning export earnings, government revenues and employment across vast regions of the continent. Rich reserves of iron ore, natural gas and critical minerals have helped… Read More ›