Wholesale energy prices are soaring across Europe, especially in the UK, Spain and Portugal, because of shortages of the supply of natural gas from Norway and Russia..
Ahead of COP26, the EIU will be hosting two free virtual event sessions on Thursday, October 21st. Join our expert analysts as they explore the business environment impact of climate pledges. Register here..
Africa suffered an almost fully synchronised economic downturn in 2020, but the region has largely emerged from recession in 2021, and the recovery looks set to accelerate in 2022..
A new wave of asset sell-offs has placed fresh depreciation pressures on the region’s currencies. Given the uncertain political and policy climate, it appears increasingly likely that Latin American currencies will undergo another stress test in 2022..
Following the testimony of former employee Frances Haugen, Facebook is under heavy pressure over claims that it fails to protect children and other users from harmful content..
The global economy is going through a digital-payment revolution. Accelerated by the effects of the coronavirus pandemic, countries across the world have been forced to modernise their payments systems with touchless and contactless payment options in order to keep commerce flowing and sustain economic growth..
The Economist Intelligence Unit now expects China to vaccinate 60% of its population by the third quarter of 2021, compared with mid‑2022 previously..
The euro zone recorded robust quarterly growth of 2% in the second quarter. The rebound reflected the impact of the lifting of restrictions across the bloc during April-June and was in line with what we were expecting. Consumer confidence and service sector activity picked up sharply, catching up with already resurgent manufacturing activity..
On August 5th Statistics Indonesia (BPS) released data showing that the economy grew by 7.1% year on year on a real, seasonally adjusted basis in the second quarter of 2021. This compares with a 0.6% contraction in the first quarter..
There is little reason to believe that the Taliban will not implement the extremely harsh ruling style they adopted when last in power, between 1996 and 2001. .