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Global economy

Drop-outs, educational gaps ‘cost global economy $10trn a year’

The UNESCO puts the cost to the global economy of school drop-out and education gaps at $10 trillion a year by 2030, equivalent to more than the annual GDPs of France and Japan combined.   In a new report entitle

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Drop-outs, educational gaps ‘cost global economy $10trn a year’

The UNESCO puts the cost to the global economy of school drop-out and education gaps at $10 trillion a year by 2030, equivalent to more than the annual GDPs of France and Japan combined.   In a new report entitle

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Global economy looks strong despite inflation: JP Morgan

Despite global inflation not falling as quickly as forecasters may have hoped, the global economy looks remarkably strong, defying the pressure of higher interest rates.    This is according to Grace Peters,

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AI to add $15trn to global economy: DMCC

Dubai Multi Commodities Centre (DMCC) has highlighted the $15 trillion opportunity brought to the global economy by the widespread use and adoption of artificial intelligence (AI), particularly in highly tradeable sectors.  &

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AI to add $15trn to global economy: DMCC

Dubai Multi Commodities Centre (DMCC) has highlighted the $15 trillion opportunity brought to the global economy by the widespread use and adoption of artificial intelligence (AI), particularly in highly tradeable sectors.  &

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Bonds present interesting investment opportunities: EFG

With inflation trends and the pace of economic growth being key factors shaping markets in 2024, investing in bonds presents interesting opportunities, says EFG, a leading Swiss private bank.   Three-to-five-year

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Slower, fragmented growth seen in 2024: report

Global GDP growth is seen at 2.5% in 2024 and growth in developed markets (DM) will average 0.7% versus 3.6% in Emerging Markets (EM) amid the prospects of a slow and fragmented world economy. These are the predictions of Amundi, a leading Eur

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Slower, fragmented growth seen in 2024: report

Global GDP growth is seen at 2.5% in 2024 and growth in developed markets (DM) will average 0.7% versus 3.6% in Emerging Markets (EM) amid the prospects of a slow and fragmented world economy. These are the predictions of Amundi, a leading Eur

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Growth likely to slow to 4.5% in 2022, says report

Global economic growth is set to slow to 4.5% next year, as opposed to 6.2% this year, marking a considerable drop, but still a bit stronger than the years leading up to Covid, said Barclays in a new report. Barclays forecasts a s

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Global economic recovery strong, but uneven: WB

The global economy is expected to expand 5.6% in 2021, the fastest post-recession pace in 80 years, largely on strong rebounds from a few major economies, said the World Bank in its June 2021 Global Economic Prospects. However, ma

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