Special Reports

In 2023, Google and Microsoft each consumed 24 TWh of electricity, surpassing the consumption levels of over 100 countries, according to new research. Analysis by Michael Thomas shared on X, indicates that both tech giants used the same amount of energy as Azerbaijan, which has a GDP of $78.7 billion....

According to the UN's World Population Prospects 2024 report, Africa is set to witness extraordinary population growth in the coming decades, with the top ten fastest-growing countries all situated on the continent. Niger is projected to lead with a population increase of 581%, followed by Angola at 473% and Tanzania...

A new study by PwC indicates that advertising will become increasingly crucial for streaming platforms like Disney, Netflix, Warner Bros. Discovery, and Amazon. According to PwC's Global Entertainment & Media Outlook 2024-2028, advertising is projected to account for almost 28% of streaming service revenue by 2028, up from 20% in...

In a region where policy shifts, governance changes, and technological advancements continuously reshape the economic landscape, the Middle East is embracing an era of constant transformation. PwC's recent Middle East Workforce Hopes and Fears Survey highlights a workforce that is not only engaged and forward-thinking but also deeply optimistic about...

The International Monetary Fund (IMF) has raised concerns about China's manufacturing sector, highlighting issues of overcapacity despite a generally improved economic outlook. China last faced significant overcapacity in 2014-2016, following extensive stimulus packages introduced by Beijing and local governments during the 2008-2009 Global Financial Crisis. This overcapacity was particularly evident...

Cross-border payments are gaining significance in international economies. According to the 2024 Financial Services Consumer Survey by GlobalData, around 63% of global consumers use international real-time payments (RTPs) to send money to family and friends, while 51% use them to pay for goods and services. The G20 has laid out...

The business adage suggests that arriving early is on time, and being on time is considered late. However, for some Gen Z workers, arriving late is deemed acceptable. A recent survey by Meeting Canary, an AI tool for analyzing work meeting behaviors, revealed that 47% of Gen Z respondents consider...

The world’s population was 2.5 billion in 1950. Now, it’s surpassed 7.9 billion, with a significant increase in young individuals. Approximately 41 percent of the world’s population is 24 or younger, and almost 60 percent of Africa’s population falls under this age bracket. In contrast, Monaco has the highest median...

The International Energy Agency (IEA) has updated its forecasts, indicating a continued slowdown in global oil demand growth, with a significant decline in consumption in China. This revision reflects ongoing economic challenges and shifting energy policies that are affecting global oil markets. According to a report from News.Az, citing AFP,...

A significant number of South Africans under the age of 60 intend to continue working beyond the traditional retirement age, viewing it as a transitional phase rather than a complete exit from the workforce. The 2024 FNB Retirement Insights Survey highlights that economic pressures and insufficient financial literacy contribute to...