Our Scans · (LF.8) Decent Work and Growth · Weekly Summary

• [New] As Zimbabwe looks towards a future of economic growth and infrastructure development, initiatives like the ZBCA's Youth Desk will play a vital role in shaping the trajectory of the construction industry. The Standard
• [New] With global economies showing signs of normalising and optimism over Fed interest rate cuts in 2024, analysts expect companies across key markets to spend more on technology that will drive higher growth forecasts by Indian software services firms. The Straits Times
• [New] Surat, Agra and Benguluru will be the top three fastest growing cities in the world during 2019-2035 with estimated YoY growth rates of 9.17%, 8.58% and 8.5% respectively. BizzBuzz
• [New] The global tech industry is projected to reach a staggering value of $15.8 trillion by 2026, with a compound annual growth rate of 4.9% during the forecast period. Smartphone Magazine
• [New] GBA Plus will help ensure that Canada's FTAs are more gender responsive and inclusive so all members of Canadian society can reap the benefits of free trade and continued economic growth. GAC
• [New] The Indian government's efforts to boost infrastructure development, while undertaking fiscal consolidation and providing an enabling business environment will help in increased manufacturing competitiveness to augment exports and drive future growth. Daily Pioneer
• [New] We expect Pacific unit revenues to be in line with the prior year on 30% growth in capacity driven by strong demand for Korea and Japan, offsetting lower unit revenues in China. Yahoo Finance
• [New] The ADB's growth forecast for the 2024-25 fiscal year is in line with the projections made by the Reserve Bank of India. Mint
• [New] Growth of private debt: Private debt, particularly to companies backed by private equity, is rapidly expanding and forecasted to reach USD 2 trillion by 2027, competing with traditional funding routes. Evalueserve
• [New] What we found is 80% of the consumers in the United States expect for governments and private sector to work on water conservation issues, and so that's 80% of consumers. The Washington Post
• [New] We forecast Canadian real GDP growth to slow to 0.5-1.0% compared to the long-term average growth rate of 2.0%. Letko, Brosseau & Associates
• [New] While private spending will remain the main driver of the U.S. economy's expansion, fiscal policy will make a positive contribution to growth. Letko, Brosseau & Associates
• [New] Most of the major risks facing the Russian economy today stem from the fact that the Kremlin's political aims take precedence over economic growth. Carnegie Endowment for International Peace
• [New] Japan will provide and maintain a pressurized rover to support astronauts living and working on the Moon, while the United States will allocate two astronaut flight opportunities to the lunar surface for Japan on future Artemis missions. The White House
• The manufacturing sector is expected to be more supportive of economic growth in China in the coming months. Fana News
• Although the UK fell into a recession in the second half of last year, most economists are confident that growth will return in 2024 thanks to a stronger consumer. CityAM
• While the AI sector has experienced significant growth in recent years, specific sectors are expected to continue driving the expansion of AI-linked stocks such as Nvidia. elblog.pl
• While the AI boom has already seen significant growth in recent years, there are key sectors that will continue to drive the expansion of AI-linked stocks like Nvidia. elblog.pl
• GDP Annual Growth Rate in Russia is expected to be 5.0% by the end of this quarter. Trading Economics
• The property insurance industry is expected to grow from TWD51.8 billion ($1.7 billion) in 2024 to TWD66.8 billion ($2.2 billion) in 2028, in terms of gross written premiums at a compound annual growth rate of 6.5% over 2024-28. Insurance Journal
• The property insurance sector will experience growth, with gross written premiums increasing from TWD51.8 billion ($1.7 billion) in 2024 to TWD66.8 billion ($2.2 billion) by 2028, reflecting a compound annual growth rate of 6.5% over the period from 2024 to 2028. Insurance Business
• The pace of growth varies widely across scenarios, the most optimistic being BNEF NZS, where renewables are expected to grow by a factor of 21 by 2050. World Energy Council

Last updated: 15 April 2024