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Cracks in Israel’s unity government are widening
What’s happened? National Unity, the centre-right opposition party that joined an emergency government on October 11th at the start of the Gaza war, boycotted the weekly cabinet meeting on January...
View ArticleIowa results highlight obstacles in the next GOP primaries
What’s happened? Donald Trump easily won the Iowa caucuses held on January 15th, the first primary race for the Republican presidential nomination, with 51% of the vote, versus 21% for Ron DeSantis...
View ArticleUS government’s new spending deadline looms in March
What’s happened? A day before the January 19th deadline Congress approved another stopgap spending measure to avoid a government shutdown. The bill received bipartisan support and gives lawmakers...
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New railway corridor to Angola to expand regional trade
What’s happened? In late 2023 Angola’s port of Lobito received its first consignment of 960 tonnes of copper from the Democratic Republic of Congo (DRC) through the new Lobito railway corridor. EIU...
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China’s demographic outlook and implications for 2035
China’s population has reached its peak and is projected to remain above 1.39bn until 2035. After a brief rebound, the number of newborns is expected to return to its previous downward trend owing to...
View ArticleGlobal Outlook: demand trends and supply chain risks for electric vehicles
In EIU’s February 2024 Global Outlook video, director of industry analysis, Ana Nicholls, and automotive analysts, Arushi Kotecha and Nishita Aggarwal, discuss demand trends for electric vehicles...
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Investors and the new era for geopolitics
Geopolitical volatility is increasing. EIU’s dataset shows that the rise in inter-state tensions has been most pronounced in Europe, but all regions have been affected. Volatility is here to stay. Our...
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US defies expectations of an economic slowdown
What’s happened? Initial GDP estimates from the Bureau of Economic Analysis (BEA) put fourth-quarter growth at 3.3% (quarter on quarter, annualised) and full-year growth at 2.5%. These exceeded our...
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Global trade update: Red Sea disruptions
What’s happened? Global sea freight rates have risen rapidly as a result of security disruptions in the Red Sea. We expect rates to stabilise around mid-February as trade demand, which was frontloaded...
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Kenyan trade deals with UK and EU face tariff dispute
What’s happened? Kenya’s Economic Partnership Agreement (EPA) with the EU, which was signed on December 18th but is not yet ratified, and its EPA with the UK, which came into force in March 2021, both...
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Democracy Index: conflict and polarisation drive a new low for global democracy
EIU’s Democracy Index, launched today, sheds light on trends in democracy globally in 2023, as war and conflict spread across the globe, reinforcing existing negative trends in many countries. The...
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Belligerence aside, North Korea is not on a war footing
Despite the recent escalation of North Korea’s rhetorical hostility towards South Korea and the severance of inter-Korean communications channels, the country’s leadership is unlikely to launch a...
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Hong Kong’s 2024 performance depends on trade recovery
Preliminary GDP figures show Hong Kong’s real GDP grew by 3.2% in 2023, with fourth-quarter GDP up by 4.3% year on year. Despite a solid recovery from pandemic‑era lows, weak good and service trade...
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Signs emerge of slower economic growth in Mexico
What’s happened? According to preliminary estimates by the national statistics institute (INEGI), GDP grew by 0.1% in seasonally adjusted terms in the fourth quarter of 2023 compared with the third....
View ArticleUS national security bill inches forward in Congress
What’s happened? On February 13th the Senate (the upper house) voted 70‑29 to approve a US$95bn national security bill providing aid to Ukraine, Israel, Taiwan and other US allies. The bill has since...
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Three countries are set to challenge China for chips
Malaysia, India and Vietnam are deploying a three-pronged approach to attract investment: tech alliances with the US, knowledge transfer from global chipmakers, and subsidies Malaysia’s expertise in...
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Saudi Arabia takes first step towards relaxing alcohol laws
Saudi Arabia has opened an off-licence in the diplomatic quarter of its capital, Riyadh, which is the kingdom’s first commercial outlet for the sale of alcohol beverages since a ban on the public sale...
View ArticleGlobal Outlook: the war in Ukraine
In EIU’s March 2024 Global Outlook video, regional director for Europe, Emily Mansfield, and senior analyst, Adeline Van Houtte, discuss the outlook for the war in Ukraine. As efforts by both sides to...
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Red Sea crisis affects African ports
The Red Sea security crisis has seriously and negatively affected traffic through Africa’s Red Sea ports but has benefited some ports elsewhere through increased demand for bunkering and restocking...
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US presidential nominee picks come into view
What’s happened? Joe Biden and Donald Trump comfortably won their respective party primaries in Michigan on February 27th, following decisive wins in South Carolina’s primaries earlier in February....
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