Special Reports

The G7, which includes Canada, France, Germany, Italy, Japan, the United Kingdom, and the United States, was established during the oil crisis of the 1970s. Over the years, it has become recognized as a powerhouse of the world economy, representing large, mature, high-income nations that dominate key global sectors. In...

Europe faces a challenging economic future unless its leaders take decisive action to implement reforms and foster conditions that encourage substantial private investment, according to a recent report by The Conference Board. The think-tank predicts that the 20-nation eurozone will experience average annual growth of just 0.9% through 2039, lagging...

The world’s 26 poorest countries face a pivotal 25 years to progress from low-income to middle-income status, according to a new World Bank analysis. These nations, home to over 40% of people surviving on less than $2.15 a day, are at the center of global efforts to eliminate extreme poverty....

The Economic Commission for Latin America and the Caribbean (ECLAC) is set to present its flagship annual report, Preliminary Overview of the Economies of Latin America and the Caribbean 2024, on Wednesday, December 18. The report will analyze the region’s economic performance over the past year and provide updated growth...

To be in the top 1% of earners in the United States, households need to bring in nearly $800,000 annually on a national scale. However, in some areas, earning half that amount could still grant entry into this exclusive group. A report by Axios highlights that location plays a critical...

British International Investment (BII), the UK’s development finance institution and impact investor, has unveiled a new initiative under its recently launched $127 million Mobilisation Facility. The program aims to enhance the flow of private capital into emerging economies that are often considered too high-risk for global investors. Emerging markets, which...

Global efforts to decarbonize heavy industries such as steel, cement, and chemicals are gaining momentum, with approximately $1 trillion worth of projects currently under development. These industries collectively account for over 30% of global greenhouse gas emissions, emphasizing the urgency of addressing their environmental impact. The challenge lies in securing...

The United States has imposed sanctions on Kapila Chandrasena, the former CEO of SriLankan Airlines, as part of a broader anti-corruption initiative. Chandrasena, who led the airline from 2011 to 2015, was among 14 individuals designated for sanctions on December 9, 2024, coinciding with International Anti-Corruption Day. According to a...

Croatia has achieved significant progress in implementing the European "Once-Only Technical System" (OOTS), a project designed to streamline administrative processes and enhance interoperability among public institutions across the European Union. As one of the top-performing nations, Croatia has reached level 5 on the OOTS integration success scale, a distinction shared...

Real-time payments are predicted to generate over $15 billion in additional GDP growth for Nigeria and South Africa by 2028, according to the Real-Time Payments: Economic Impact and Financial Inclusion report published by ACI Worldwide. This report, produced in collaboration with The Centre for Economics and Business Research, draws on...