Finnish researchers have developed a productive life index that takes into account both paid and informal work. Their study revealed that the period of full working capacity is significantly shorter than the average life expectancy, highlighting the true economic burden of an aging population.
Oil production at the Kingfisher field in Uganda is expected to begin by the end of the year, with operations at the larger Tilenga field set to start next year. Combined output could reach 190,000 barrels per day by 2027, which will have a significant impact on the country's economic growth.
Switching to healthier diets and reducing food waste could significantly reshape the structure of agriculture and lower CO2 emissions by 2050. A decline in livestock farming and an increase in plant-based food production are expected; however, the economic impacts will vary by region and will require thoughtful support for vulnerable sectors.
The Central Bank of Turkey has revised its inflation forecasts due to geopolitical instability and rising prices, opting not to publish forecast ranges. The new target for the end of 2026 is 24%, while expectations for the end of the current year are approaching 26%.
Credit Agricole expects the South African Reserve Bank to raise its key interest rate to 7.25% due to accelerating inflation and rising energy prices. While the country's economy remains resilient, a decision not to increase the rate could put additional pressure on the rand.
In 2026, Hungary's primary budget deficit is expected to increase compared to 2025, highlighting the importance of keeping the deficit under control. The central bank is maintaining its rate to contain inflationary risks.
European economic officials have, for the first time, publicly acknowledged the risk of stagflation due to rising energy prices and a slowdown in GDP growth. The full extent of the damage will become clear in the coming weeks.
ECB Governing Council member Joachim Nagel expressed support for the bank’s current strategy and noted readiness to raise rates if necessary. He emphasized that persistent inflation and ongoing geopolitical tensions require a cautious approach.
The Central Bank of Mexico has released updated forecasts: inflation by the end of 2026 is expected to be higher than previously estimated, while economic growth is projected to be slightly lower. However, the outlook for the peso exchange rate has improved.
Moody’s has upgraded its outlook for Vietnam to “positive,” citing the strengthening of the country’s credit profile and a reduction in external risks. The agency also anticipates an upgrade in market status and expects rapid economic growth.
The Bank of Thailand has kept its key interest rate at 1.00%, despite ongoing economic challenges and low inflationary pressure, in line with analysts' expectations.
Experts believe that the Federal Reserve may keep current interest rates unchanged until the end of the year, with a particular focus on inflation. The economy is showing resilience and no downturn is expected.
Mexico's economy shrank by 0.8% in the first quarter, performing worse than expected. The decline was observed across all sectors, with agriculture and industry being hit particularly hard.
The U.S. Federal Communications Commission has updated its rules for the use of satellite spectrum to increase speeds, reduce costs, and improve the reliability of satellite internet. These changes take into account modern technologies and could boost the capacity of satellite networks by up to seven times.
Moody’s has affirmed China’s long-term ratings at A1 and revised its outlook from “negative” to “stable,” highlighting the resilience of the country’s economy despite internal and external challenges. The agency expects a gradual slowdown in GDP growth and an increase in government debt, but notes the strengths of China’s financial system and the competitiveness of its exports.