Cyberattacks driven by artificial intelligence (AI) pose unprecedented risks to global economies, supply chains, and trade. A new study in the journal Risk Analysis explores the cascading impacts of AI-driven cyberattacks.
The Global Business Travel Association (GBTA) today unveiled a new study, the “GBTA U.S. Economic Impact Study: Business Travel’s Impact on Jobs and the U.S. Economy,” which quantifies the significant economic impact of traveling for work…
After starting the week with sharp swings, the Australian dollar is showing little movement on Wednesday. AUD/USD is trading at 0.6644 in the European session, down 0.06% on the day. Australian GDP posts 0.1% growth Australia’s GDP was a…
Avocado is one of Mexico's main consumption and export products. BBVA research estimates the GDP of avocado from 2018 to 2022 by the production method using a deterministic approximation and official sources. The results are consistent…
A tripling of global trade tariffs over the past year shows 'industrial policy willy-nilly everywhere,' and is a big risk to global growth, the IMF head says.
The increasing number of multinational companies exiting their operations in Nigeria will lead to reduction in foreign investment inflows thereby affecting the country’s $1 trillion economy target by 2030. Analysts said that continuous…
Australia’s GDP grew by 0.1% qoq in Q1, below the anticipated 0.2% growth. On a year-over-year basis, GDP increased by 1.1%. Katherine Keenan, head of national accounts at ABS, remarked that GDP growth was weak in March, marking the lowest…
Mikhail Mishustin noted that since the creation of the EAEU, the volume of mutual trade has almost doubled, agricultural production has increased by more than a quarter, and industrial production by more than 20%
Statistics South Africa has announced South Africa’s GDP decreased by 0.1% in the first quarter of this year, with decreases in the manufacturing sector and the mining and quarrying industry.
Recommends broader approach to measuring economic success Onome Amuge Akinwumi Adesina, president of the African Development Bank (AfDB) has underlined the urgent need to align increased gross domestic product (GDP) growth with job…
US ISM Manufacturing PMI fell from 49.2 to 48.7 in May, below expectation of 49.8. Looking at some details, new orders fell from 49.1 to 45.4. Production fell from 51.3 to 50.2. Employment rose from 48.6 to 51.1. Prices fell from 60.9 to…
Get latest articles and stories on Business at LatestLY. S&P Global Market Intelligence asserts that weak private consumption in India remains the largest concern, with rural demand in particular still "straggling to catch up", at a time…