Global Scans · Decent Work and Growth · Weekly Summary

In September 2015, 193 world leaders agreed to 17 Global Goals for Sustainable Development. If these Goals are completed, it would mean an end to extreme poverty, inequality and climate change by 2030.
Goal 9: Build resilient infrastructure, promote inclusive and sustainable industrialization and foster innovation.

• [New] Oil prices will be under pressure over the next two years as global production growth outpaces demand. Irina Slav on energy
• [New] Latin America: Latin American countries offer growth opportunities due to their abundant timber resources and increasing awareness of sustainable building practices. MarkWide Research
• [New] Asia Pacific: The Asia Pacific region offers significant growth opportunities for timber frame construction due to rapid urbanization, population growth, and increasing environmental consciousness. MarkWide Research
• [New] There is significant near-term potential for lower central bank rates outside the U.S. in the event of more aggressive U.S. trade policies that weaken global growth and weigh on commodity prices. Pacific Investment Management Company LLC
• [New] Any larger-than-expected U.S. government spending cuts, aggressive trade actions, or immigrant deportation could pose cyclical downside risks to both U.S. and global growth. Pacific Investment Management Company LLC
• [New] Mexico's growth forecast for 2025 remains unchanged at 1.4%, with the IMF predicting a gradual acceleration to 2% in 2026, reflecting a steady recovery in economic activity. FX Leaders
• [New] Global oil prices: EIA expects growth in global oil production to outpace global demand for petroleum products, which would push oil prices downward through 2026. EIA - Energy Information Administration
• [New] Expansion in Emerging Markets: Rising incomes and changing dietary preferences in Asia, Africa, and Latin America provide new opportunities for growth. MarkWide Research
• [New] The Iraqi economy will witness a high investment boom in 2025 thanks to the economic accelerator factor in the investment field, in addition to the high positive growth effects of national income in 2024. LATEST MNT GOAT NEWSLETTER
• [New] With growth in key member states France and Germany remaining low, despite inflation rising to 2.4% in December and likely to remain above target, the ECB will have to balance out the risks of restrictive policy on growth. EXANTE Next Generation Investment Company
• [New] The London region's booming population rose at a near-record pace again in 2024, new figures show, but there are plenty of reasons to expect the skyrocketing growth will slow starting in 2025, one expert says. lfpress
• [New] Supply chain planning is projected to experience rapid growth due to increasing complexity in global trade and the necessity for efficient, resilient supply chains to fulfill evolving customer demands and mitigate risks. Research and Markets
• Trade in services is a key strategic opportunity for UK economic growth and is an absolute priority on the UK trade agenda. CBI
• For resource-rich developing countries, rising global demand for critical minerals presents a unique opportunity to boost growth, create jobs, and increase public revenues for investment in sustainable development. DESA Publications
• The potential of AI to drive future economic growth and address complex global challenges marks a pivotal chapter in human history. Cameron Academy
• Nigeria's renewable energy projections for 2034 indicate a compound annual growth rate of 9.88%, potentially reaching approximately 5.01 gigawatts by 2029. Bloomfield Law
• The automobile industry in Asia Pacific is projected to experience growth due to rising living standards, increased vehicle ownership, and stricter emissions regulations in developing nations. Persistence Market Research
• The significance of IoT in smart cities is obvious from the projected growth forecast by Markets & Markets, showcasing a compound annual growth rate of 19%. Mapsted Blog
• The US economy outperformed expectations last year thanks to consumer and public-sector spending, but growth is expected to slow from 2.8% to 1.9% in 2025. Republic World
• The Asia-Pacific region is anticipated to experience rapid growth attributed to the increasing digitalization initiatives and the proliferation of SMEs adopting email security measures. ReAnIn
• Asia Pacific is expected to experience significant growth, particularly in countries like China, India, and Japan, as businesses and governments prioritize email security in response to growing cyber threats. ReAnIn
• Robust growth in India and ASEAN nations, combined with increased policy support from Mainland China, is expected to keep Asia's (ex-Japan) GDP growth at a strong 4.4%, well above the global average of 2.7%. influencing

Last updated: 19 January 2025