Global Scans · Decent Work and Growth · Weekly Summary

In September 2015, 193 world leaders agreed to 17 Global Goals for Sustainable Development. If these Goals are completed, it would mean an end to extreme poverty, inequality and climate change by 2030.
Goal 9: Build resilient infrastructure, promote inclusive and sustainable industrialization and foster innovation.

• [New] Growth in video usage: 92% of companies plan to increase their use of audiovisual content over the next two years, with 58% anticipating significant growth. Watchity
• [New] As global inflation and GDP growth rates decline, the dairy products and alternatives industry expects low value growth in 2024, although the forecast period looks more promising. Euromonitor
• [New] Investment in steel supply chains: A public-private partnership should drive investment into steel supply chains, which will attract inward investment, create jobs, drive economic growth, and ensure the UK develops resilient supply chains in the face of uncertain geopolitics. UK Steel
• [New] In the global economy, there are no signs that an acceleration of growth could drive significant oil demand growth beyond the IEA's forecasts. Bimco
• [New] Chinese demand growth will remain muted and that it will be South and Southeast Asia that will be the main drivers of growth instead, with an increase of 0.4 mbpd. Bimco
• [New] Growing at a compound annual growth rate of 16.1%, the installed base of connected mining solutions across all segments is forecasted to reach roughly 2.7 million units by 2028. Research and Markets
• [New] With growing investments, rising demand for tech talent, and the rapid adoption of digital solutions worldwide, the tech industry is expected to remain a significant driver of economic innovation and growth in the coming years. StockNews.com
• [New] By 2030, Vientiane Capital aims to become a livable, equitable, eco-friendly city that fosters sustainable economic growth, enhances climate resilience, and improves the quality of life for its residents. GGGI - Global Green Growth Institute
• [New] Double-digit growth is projected in North America and Brazil, while Western Europe remains in negative growth for the month. Morningstar, Inc.
• [New] Looking forward, As global demand for seamless internet is growing, Kuiper's success could influence the future of smart cities, remote work and digital education. FE Tech Bytes
• [New] As demand for seamless global connectivity increases, Kuiper could have a significant impact on the future of smart cities, remote work, and digital education. FE Tech Bytes
• The global demand for zero-emission logistics solutions is expected to rise sharply as factors like population growth, increased income levels, and a growing e-commerce sector drive up demand for light-duty road freight. EuropaWire
• Prices charged inflation continued their downward trajectory in November, which is a sign that UK companies have lost their pricing power, which could jeopardize economic growth and corporate earnings in the coming months. Vox Markets
• U.S. assets managed by OCIO providers reached $2.9 trillion by year-end 2023 and, according to Cerulli's latest projections, will reach $4.2 trillion by year-end 2028, reflecting an average annual growth rate of 7.9%. Cerulli
• Self-driving regulations could loosen: Companies working to scale self-driving fleets in the United States could get a regulatory boon in the coming year if reported Trump-admin policy moves come good. TWiST Ticker
• Shell's new plant will improve plastic recycling capabilities, reduce dependence on fossil feedstock and stimulate innovation and green growth. Renewable Carbon News
• The Federal Reserve will lower its policy rate toward neutral in 2025, reducing the downward pressure of higher interest rates on growth. AdvisorAnalyst.com
• A modest slowdown in growth to potential rates will continue in the US in the near term, given the restrictive monetary policy environment that has persisted for several quarters and continues to this day, despite recent policy changes. AdvisorAnalyst.com
• The global push toward sustainable manufacturing and resilient supply chains will continue to define the 3D Lidar Mapping Sensor semiconductor market's trajectory, enabling innovation and growth across regions and applications. Mobility Foresights
• With the India-UK Free Trade Agreement on the horizon, we expect significant growth opportunities for UK companies in India. Grant Thornton Bharat
• The relationship between India and the UK has grown stronger over the years, with a focus on shared economic interests, mutual growth, and investment opportunities in India. Grant Thornton Bharat

Last updated: 01 December 2024