International
COP28 actions will fall short of Paris goals
COP28 had mixed results, paving the way for more ambitious climate action, but also leaving substantial room for failure
InternationalRed Sea crisis will worsen the world trade downturn
Many shipping firms are no longer sending ships through the Red Sea; this is sharply disrupting global trade
InternationalECB rate cuts may start a little later than US cuts
The ECB left interest rates on hold but announced a slight speeding up of its balance sheet reduction plans
EUPMIs signal more services inflation and trade weakness
The flash PMIs for the UK, euro-area, Japan and Australia continue the long-standing services/manufacturing divergence
InternationalGenAI will test major 2024 national elections
Several major countries will hold national polls next year amid rising risk from artificially generated disinformation
InternationalThis downturn will be more job-rich than past slumps
Employment recovered far faster from the pandemic global recession than past crises, and remains historically strong
InternationalBond and stock trends diverge on 2024 outlook
Contradictory signals from bonds and stocks over the economic outlook set financial markets up for a volatile 2024
InternationalRules for cloud cybersecurity will tighten
Regulators are increasingly concerned about the misuse and hacking of cloud infrastructure
International