INT
EU labour costs will reduce scope for more rate cuts
Growth in total labour costs accelerated in the early months of 2024, keeping wage-price spiral fears alive
EUUS interest rate easing cycle will be slow and uneven
Inflation continued to ease modestly in May while the Fed left rates on hold and signalled just one cut this year
United StatesWeaker-than-expected trade would dampen global GDP
The World Bank sees global growth unchanged this year and slightly up next year, assuming rate cuts and firmer trade
InternationalSocio-economic cost of internet shutdowns is rising
The number of internet shutdowns reached a record-high last year; 2024 appears to be on track for a similar rate
InternationalOil demand forecasts vary widely due to uncertainties
The oil demand forecasts from OPEC, the IEA and the EIA are increasingly diverging
InternationalApple's future is challenging despite AI features
Apple unveiled 'Apple Intelligence' at its developers conference in California yesterday
InternationalCarbon pricing will grow, but slowly and unevenly
Nearly 50 countries have carbon pricing schemes and USD500bn has been raised in revenue, USD104bn last year alone
InternationalUS climate risk disclosure rule doubts will persist
Implementation of the SEC’s climate risk disclosure rule, which forms part of the Biden green agenda, is in doubt
United States
