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With geopolitical uncertainty disrupting world markets, turbulent times lie ahead for boards and directors. Given the disruptive nature of the interventions in the global trading system, parallel moves to remake the global financial system should be expected to be at least as disruptive, and at least as risky.
On April 2 the US is set to implement a new wave of tariffs under its Fair and Reciprocal Trade Plan. Details of the plan that will impact all US trading partners are not yet known, but the US administration has suggested these tariffs will target any rules it considers “unfair”.
Last week, US President Donald Trump said his administration would introduce tariffs of 25 per cent on steel and aluminium imports into the United States. As the impact on Australia remains unclear, experts are urging boardrooms to ignore the noise and continue to stay the course and govern with pragmatism.
We could not have predicted in 2015, when we first published our Top 5 Predictions for the coming year that a decade on, we’d still be...
The January 2025 Chief Economists Outlook explores key trends in the global economy, including the latest outlook for growth, inflation, monetary and fiscal policy. It discusses the impact of US policy on the global economy, investigates fragmentation trends and discusses the turbulent outlook for global trade.
Third-quarter GDP reports reveal a mixed global economy. China faces an economic slowdown; the United States sees growth; and the eurozone is stable. The IMF forecasts a slow but stable global trajectory into 2025.
Champion US baseball manager Casey Stengel once said, “Never make predictions, especially about the future”.
On 30 November, COP28 welcomed world leaders and representatives in Dubai to discuss the most pressing global climate change concerns. The Conference of Parties (COP) to the United Nations Framework Convention on Climate Change will proceed intensively until 12 December. The core work of COP28 is the same as it has been in previous years:...