Logistics Execs: Global Economy will Power through Supply Chain Turmoil
February 8, 2022-Executives are upbeat about 2022 despite pandemic-driven disruption, record freight rates
Most logistics industry executives see moderate-to-strong economic growth and little or no chance of recession in 2022, even without immediate relief from the snarled supply chains and sky-high ocean and air freight rates triggered by the COVID-19 pandemic.
Roughly two-thirds of the 756 industry professionals surveyed for the 2022 Agility Emerging Markets Logistics Index believe shippers will see cargo rates come down by the end of the year. Eighty-percent see port bottlenecks, air capacity shortages and trucking issues easing by year end.
Global carbon markets value surged to record $851 bln last year-Refinitiv
January 31, 2022--The value of traded global markets for carbon dioxide (CO2) permits grew by 164% to a record 760 billion euros ($851 billion) last year, analysts at Refinitiv said on Monday.
Most of the increase came from the European Union's Emissions Trading System (EU ETS), which launched in 2005 and is the world's most established carbon market.
It accounted for 90% of the global value at 683 billion euros, the annual Refinitiv Carbon Market Year in Review showed.
The State of Finance for Nature in the G20 report
January 26, 2022--The State of Finance for Nature in the G20 report attempts to capture the complete amount and future need for G20 country spending on nature-based solutions assets and activities. It reveals that current G20 investments in nature-based solutions are insufficient, at USD 120 billion/year, and G20 Official Development Assistance and private sector investments are small when compared with domestic government spending.
The report calls for G20 countries to scale-up annual nature-based solutions spending to USD 285 billion by 2050 to tackle the inter-related nature, climate, and land degradation crises on which much of our economies are dependent, and provides recommendations to align development and economic recovery with nature goals through setting quantifiable monetary objectives, governance and policy options, and devices to facilitate systemic changes to meet this investment gap.
view the The State of Finance for Nature in the G20 report
IMF-A Disrupted Global Recovery
January 25, 2022--Growth slows as economies grapple with supply disruptions, higher inflation, record debt and persistent uncertainty.
The continuing global recovery faces multiple challenges as the pandemic enters its third year. The rapid spread of the Omicron variant has led to renewed mobility restrictions in many countries and increased labor shortages.
Supply disruptions still weigh on activity and are contributing to higher inflation, adding to pressures from strong demand and elevated food and energy prices. Moreover, record debt and rising inflation constrain the ability of many countries to address renewed disruptions.
Some challenges, however, could be shorter lived than others. The new variant appears to be associated with less severe illness than the Delta variant, and the record surge in infections is expected to decline relatively quickly. The IMF's latest World Economic Outlooktherefore anticipates that while Omicron will weigh on activity in the first quarter of 2022, this effect will fade starting in the second quarter.
Banks Prep a $100 Billion Debt Bonanza in Year of Mega Deals
January 21, 2022--Take-privates and corporate spin-offs attract buyout firms
Capacity of loan and high-yield market is set for a big test
Investment banks are readying more than $100 billion in massive debt packages to arm private equity with historic firepower in the battle for global acquisitions.
Bitcoin's dominance declines as altcoins take over
January 19, 2022--Bitcoin's dominance declines as altcoins take over
A decade ago, crypto investors had a choice of one-bitcoin.
In the following years, a host of new cryptos were launched, such as Litecoin (LTC) and Ethereum (ETH), each offering novel features and use cases that were lacking in bitcoin (BTC).
Today, there are more than 8 000 cryptocurrencies, with scores being released to the market each week.
Most of these fail to attract much attention, and many will likely fail. But out of this confusion is emerging a core of potentially riveting crypto stories with real utility, rather than hype, to justify their surging prices.
Net growth in ETF numbers almost doubles to a record 1,239 last year
January 17, 2022--Robust markets limit fund closures and spur optimism in new launches
The global exchange traded fund industry not only attracted record inflows it also racked up extraordinary growth in the breadth and depth of its offering last year.
An overall total of 1,503 ETFs and exchange traded commodities were launched, far ahead of the previous record of 873 recorded in 2018, according to data from Morningstar.
Nearly half of City GDP at Risk of Disruption from Nature Loss, New Report Finds
January 16, 2022-Nearly half of City GDP at Risk of Disruption from Nature Loss, New Report Finds
Cities can take a leading role in unlocking economic opportunities with Nature-based Solutions
44% of GDP in cities around the world -$31 trillion- is at risk of disruption from nature loss
A new roadmap to help cities adopt Nature-based Solutions for urban infrastructure to optimise spend and supercharge sustainable growth
Climate-resilient infrastructure can create 59 million jobs and can mitigate growing risks from extreme weather
Cities contribute 80% to global GDP-but they also account for 75% of global greenhouse gas emissions. Integrating nature-positive solutions can help protect cities from growing risks associated with extreme weather while driving sustainable economic growth.
In collaboration with the Alexander von Humboldt Institute and Government of Colombia, the World Economic Forum's BiodiverCities by 2030 Initiative published a report addressing the urgency of cities' untenable relationship with nature. The Initiative's goal is to reverse this existential global threat and move forward with a plan that will result in cities and nature co-existing in harmony by the end of the decade.
BlackRock hits $10tn in AUM driven by strong Q4 inflows
January 14, 2022-BlackRock has become the first asset manager to cross the $10tn mark after the group's 2021 net flows hit a three-year high.
BlackRock has reached the $10tn milestone in assets under management, buoyed by $540bn in total net flows over the course of 2021, according to the firm's latest quarterly earnings report.
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BlackRock makes cuts to fees on $35bn in bond ETFs
January 13, 2022--Reduction bring charges on the iShares MBS ETF in line with its biggest competitors
BlackRock has shaved fees on two bond ETFs amid strong flows and price competition.
Fees on the $25.5bn iShares MBS ETF dropped 2 basis points to 4 bps, and expenses on the $9.1bn iShares 0-5 Year Tips Bond ETF fell 1 bp to 3 bps, the company said last week.