NEWS

Latest updates

• The global automotive sector to see double-digit growth in 2021

  • The global automotive industry will witness double-digit growth in 2021 but it will not be enough to make up for the slump caused by the coronavirus (Covid-19) pandemic.
• EIU Global Outlook: Siding with the US or with China?

  • The coronavirus (Covid-19)-induced uptick in protectionism has prompted governments to reassess their approach to globalisation, including by calling for supply-chain reshoring.
• Telecoms demand will be strong in 2021 but US-China disputes will complicate 5G rollout

  • Mobile subscriptions and revenue will stage a strong recovery in 2021, reflecting the critical nature of connectivity during the pandemic.
• A patchy recovery will offer limited relief to consumer companies in 2021

  • Our new report “Industries in 2021,” forecasting growth and assessing key risks in the consumer and retail sector for 2021, predicts that retail sales volumes will grow by 3% after a 4.3% decline in 2020. However, volumes will trail 2019 levels, reflecting high unemployment and uncertain incomes.
• Coronavirus will prompt zombification of global economy

  • Our new report “Q4 global forecast 2020” argues that advanced countries will enter into a period of low growth, low inflation and high debt after the pandemic.
• Covid-19 cases surge as US presidential campaign enters final stretch

  • In the week to October 19th the US reported a daily average of 59,261 new coronavirus (Covid‑19) cases—up by 34% compared with two weeks earlier. The reported death toll passed 220,000 on October 19th.
• Covid-19 Series: Covid-19 and mental health: front-line reflections and a view to the future

  • Psychiatric hospitals are experiencing severe COVID-19 outbreaks. As patients frequently share communal spaces and doors and windows are kept shut, these environments become conducive to the spread of airborne diseases.
• Growth in services demand and fall in unemployment claims boost Q3 nowcast

  • The EIU nowcast for the US economy for Q3 2020 improved to 4.06% (quarter-on-quarter) as of last week, compared with 3.86% during the week ending 16th October.
• Financial firms face a rocky recovery in 2021 amid debt defaults and low interest rates

  • Financial firms will face weak demand for their services, ultra-low interest rates and mounting defaults by businesses and households in 2021.
• [On-demand Webinar] Will Covid-19 Accelerate the Next Wave of Adoption of Next-Generation Sequencing (NGS) in Healthcare?

  • Sequencing-based diagnostic testing has been on the uptrend, with the adoption of next-generation sequencing (NGS) testing in oncology, genetics and prenatal screening – areas where the vast majority is done – continuing to grow strongly.

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