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Air travel down 60 per cent, as airline industry losses top $370 billion

A new report from the UN’s air transportation agency confirms there was a “dramatic” fall in international air travel due to COVID-19, of around...

Reskilling and Labour Migration Vital to the Pacific’s Economic Recovery

While the Pacific and Papua New Guinea (PNG) have avoided some of the worst health impacts of the COVID-19 pandemic, the closure of international...

Turkey: A full recovery from the COVID-19 crisis will take time

The COVID-19 crisis has hit Turkey’s people and economy hard, accentuating pre-existing challenges such as the low share of workers in formal employment and...

Cities Are Key to India’s Post-Pandemic Growth

The unfolding COVID-19 pandemic has been catastrophic for cities, which have borne the brunt of the outbreak. According to estimates, about 70% of India’s...

Explainer: COVID-19 vaccination in the EU

With which companies have you concluded COVID-19 vaccine agreements? The Commission is negotiating intensely to build a diversified portfolio of vaccines for EU citizens at...

Call for Closer Policy Collaboration on Artificial Intelligence

A recent APEC Business Advisory Council (ABAC) report revealed that artificial intelligence (AI) has a role to play in mitigating both the short and...

Global Economic Outlook 2021: Rebound will drive growth at record speed

The global economy is projected to grow in 2021 by around 5% in market exchange rates - the fastest rate recorded in the 21st...

Global Economy to Expand by 4% in 2021

The global economy is expected to expand 4% in 2021, assuming an initial COVID-19 vaccine rollout becomes widespread throughout the year. A recovery, however,...

Bias, racism and lies: Facing up to the unwanted consequences of AI

Powerful digital tools using artificial intelligence (AI) software are helping in the fight against COVID-19, and have the potential to improve the world in...

The virus that shut down the world: Education in crisis

Children all over the world have had their education severely disrupted this year, as schools struggle to cope with repeated closures and re-openings, and...

Latest

Can France Fix Its Debt Problem Without ECB Help?

France's worsening borrowing costs are putting renewed pressure on...

Why Has Yemen’s War Escalated Again and What Does It Mean for the Red Sea?

Yemen's long-running war has entered another dangerous phase, with...

Why Is North Korea Taking a Stronger Line on Taiwan and Russia?

North Korea is increasingly positioning itself alongside China and...

Can Energy, Debt and AI Turn the Next Global Shock Into a Growth Crisis?

The global economy is facing an increasingly complicated combination...
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