Special Reports

A landmark report by the Intergovernmental Science-Policy Platform on Biodiversity and Ecosystem Services (IPBES) has revealed that the global economy incurs losses of up to $25 trillion annually because industries such as agriculture, energy, and fishing fail to address the interconnected crises of biodiversity loss, climate change, and human health....

The James Irvine Foundation, headquartered in San Francisco, has announced a commitment of $220 million through 2031 to advance inclusive economies as part of its Priority Communities initiative. Initially launched in 2020, the initiative focuses on fostering equitable economic growth in Fresno, Stockton, Salinas, San Bernardino, and Riverside—cities identified for...

A recent KPMG survey has identified economic uncertainty, geopolitical instability, and the integration of Generative AI (Gen AI) as the three most significant challenges facing Consumer and Retail CEOs in 2024. The KPMG 2024 CEO Outlook highlighted that while 82% of sector leaders remain confident in their company’s growth trajectory,...

European Union member states have endorsed a plan to tighten regulations on microplastic pollution by introducing stricter rules for companies handling plastic pellets, known as nurdles. These tiny pellets, comparable in size to a lentil, serve as the building blocks for various plastic products, including car parts and kitchenware. Commonly...

President-elect Donald Trump, alongside SoftBank Group CEO Masayoshi Son, announced that SoftBank plans to invest $100 billion in the United States over the next four years. The investment, which is expected to boost the U.S. economy, will focus on artificial intelligence and related infrastructure, with the funds to be allocated...

A recent report from the Office for National Statistics reveals a stark reality: only the wealthiest 10% of households in England can afford the average home using the traditional affordability measure of five times a household’s annual disposable income. The figures underscore the widening gap in housing accessibility, with the...

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...