Special Reports

From 2022 to 2050, the GDP of emerging economies (excluding China) is projected to grow at an annual rate of 3.2%, nearly three times the growth rate of developed economies. This economic expansion drives a continuous increase in energy demand, which peaks in the early 2030s under the Net Zero...

Latin America's economic growth has lagged behind Asia's in the twenty-first century, expanding at only half the pace. A recent World Bank study attributes this to the region's cities lacking productivity. Over the past two decades, rural areas experienced economic boosts due to advancements in agriculture and increased global demand...

China's economic impact is felt worldwide, according to a new survey by the Pew Research Center covering 35 countries. Majorities in almost all surveyed nations, spanning six continents and diverse income levels, report significant Chinese influence on their economies. This influence is perceived more widely now compared to 2019, with...

European hardware deep tech teams now have a valuable resource akin to Point Nine's renowned SaaS Funding Napkin. This innovative tool, the Deep Tech Hardware Napkin, has been introduced by First Momentum, a pre-seed fund specializing in technical B2B and deep tech startups. The German VC firm aims to democratize...

Labor markets worldwide have remained robust, with many nations experiencing record-high employment and low unemployment levels. By May 2024, the OECD unemployment rate was 4.9%. Notably, employment rates for women have improved more significantly than for men compared to pre-pandemic levels. Although labor market tightness is easing, it remains generally...

The World Bank's latest Global Economic Prospects report forecasts that the global economy will stabilize in 2024 for the first time in three years, though growth remains weak compared to recent historical standards. Global growth is expected to hold steady at 2.6% in 2024, increasing slightly to an average of...

By 2025, reaching the top 2% of wealth in the United States will require a net worth of around $2.7 million, signifying an elite economic status. In contrast, a recent Schwab Modern Wealth Survey indicated that Americans generally consider $2.2 million as the threshold for feeling wealthy. Net worth, a...

Mumbai, India's financial hub, leads the nation's wealth rankings with a staggering total wealth of $820 billion, housing 46,000 millionaires and 28 billionaires, according to a report by New World Wealth. High Net Worth Individuals (HNWIs), defined as those with net assets of $1 million or more, are concentrated in...

A recent study reveals that reskilling staff can save financial services firms up to $65,804 per employee. Research conducted by the Financial Services Skills Commission (FSSC) and PwC UK indicates that reskilling offers significant cost advantages compared to hiring new employees or making roles redundant. On average, reskilling a financial...

A new study from financial consultancy the lang cat has revealed that only 9% of people in the UK currently pay for financial advice, down from 11% in 2023. This decline has led the lang cat to question the effectiveness of the Financial Conduct Authority's (FCA) Consumer Duty regulation, which...