In the first face-to-face EU summit since the pandemic hit Europe, on 17-18 July, leaders will face several challenges to effectively respond to economic downturn that has been created by COVID-19. It could be a decisive moment in European history with an ambitious recovery and economic stimulus on the top…
The country could suffer the deepest recession in Southeast Asia. A reshuffle of key economic positions in the third quarter is more about political consolidation than in formulating new ways of thinking about economic policy. The focus will continue to be on the big-ticket infrastructure projects and in keeping specific…
EU and Chinese leaders met on 22 June for a virtual summit, characterised by EU efforts to put more pressure on its Asian rival. The EU took an assertive foreign policy stance by condemning cyber-attacks on EU hospitals and a Covid-19 disinformation campaign that the EU attributed to China. The…
Below please find key take-outs from our July 8th senior panel with Richard Curtis CBE, one of Britain's best loved writers and directors; Danny Sriskandarajah, CEO of Oxfam GB; David Isaac CBE, Partner at Pinsent Masons and chair of the Equality and Human Rights Commission; and Claire Perry O'Neill, former…
The E&C sector has been slow to embrace ‘digital’, however it is quickly rising up the board agenda. The industry is now at a tipping point, with digital transformation providing a huge opportunity for successful adopters, and a significant threat for those left behind. COVID-19 has served as a stark…
COVID-19 has had an unprecedented impact on global trade, bringing major challenges to the shipping industry with falling demand and disruption to the supply chain globally. The WTO expects a c. 15-30% contraction worldwide in 2020, and even if demand recovers in 2021, the crisis will have significant impacts on…
China’s military exercise in the South China Sea was followed by a US exercise. Mexico’s president will visit the White House following the entry into force of the new USMCA trade agreement. In Japan, the governor of Tokyo has been reelected. South Africa’s supplementary budget will create noise. In Germany,…
The United States-Mexico-Canada trade agreement (USMCA, or T-MEC as it is known in Mexico) came into effect on 1 July. Although President Andres Manuel Lopez Obrador (AMLO) sees the USMCA as a catalyst for a post-pandemic economic recovery, the agreement is unlikely to involve a dramatic upshift in investment into…
Below please find key take-outs from our July 1st senior panel with Professor Karol Sikora, CMO of Rutherford Health, Founding Dean and Professor of Medicine and Ex-Director of the WHO Cancer Programme; Claire Enders, Founder of Enders Analysis; Amber Rudd, Teneo Senior Adviser and former Home Secretary; and Wolfango Piccoli,…
The once-in-a-hundred years global pandemic and once-in-a-generation global protests have created a seminal moment for companies and their leaders to reestablish and reinforce the basic tenets by which they run their businesses. The expansiveness of the role of the CEO and the board, as demonstrated by ESG, will continue. The changes…
Our Emerging Markets (EMs) outlook table summarizes the impact of elections in EMs over the next 12 months. Markets are ordered in accordance with the electoral calendar. Risk ratings are relative to each country, and not comparative across all countries listed. The table is intended as a summary, not to replace…
EU heads of state maintained a positive atmosphere when they met on 19 June, despite not advancing meaningfully towards agreeing on a European Recovery plan after the COVID-19 pandemic. Broad agreement exists on the overall architecture of the recovery plan, but crucial elements still need to be settled, such as…
