Are we back to the 1970s price crisis? The Russian invasion of Ukraine has soared inflationary expectations. Portuguese economist Sérgio Rebelo assesses the repercussions of the conflict on a European economy that, by the end of 2022, was struggling with high inflation.
With the central bank expecting this year’s growth to be 1.7 %, Colombia exhibits one of the highest GDP growth rates in the region over the past decade. Going forward, growth for next year should improve on the back of higher investment levels and some mild increase in consumption.
In Poland, the introduction of the 500+ childcare benefit plan, along with the reduction of unemployment and the increase of wages, have been boosting consumption and driving economic growth. In the coming quarters, the odds are good, as EU funds are expected to continue to accelerate the Polish economy.
In Portugal, the past four years of recovery saw GDP improve more than three-quarters of what it had lost. The most significant factor has been employment: more than 400 thousand jobs have been created. The biggest hike in employment was recorded in manufacturing, and human health and social work activities.
A leadership crisis in the corporate world is causing a crisis of trust. Robert Philips, former President and CEO, EMEA, of Edelman, and author of “Trust Me, PR is Dead”, talks about the seven strategies to deal with this new reality.
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