Manufacturing
Services trade will be a key engine of global growth
Trade in services grew by an estimated 7% this year, far outpacing goods trade growth of about 2%, according to UNCTAD
International
European gas prices will be high through much of 2025
EU gas storage capacity utilisation is markedly lower than last year but still reasonable compared to historical trends
International
China’s traditional policy tools are losing efficacy
The Central Economic Work Conference promises looser fiscal and monetary policy to boost GDP growth, jobs and inflation
ChinaUS tariff rises will prove counterproductive
President-elect Donald Trump’s plan to raise tariffs will have wide effects on manufacturing activity
InternationalUS-UAE technology partnerships will strengthen
Washington has reportedly approved exports of advanced AI chips to a Microsoft facility in the UAE
United StatesEV battery technology race may upset China’s dominance
New battery technologies give countries beyond China another chance to build market share in next-generation batteries
InternationalLonger OPEC+ cuts set stage for 2025 member tensions
OPEC+ has agreed to delay its plans to return oil to the market
International
