Germany bails out France

It's Germany to the rescue as France's banking system stands on the brink of collapse.See previous 2021 prediction France is one of the European countries facing the highest wall of debt in the coming years. Before the Covid-19 pandemic outbreak, public debt was flirting with the 100% of GDP threshold...

Next-generation tech supercharges frontier and emerging markets

Investors flock to new frontiers as new-age tech spurs productivity boom.See previous 2021 prediction In 2021, economists discover that the growth rates in many frontiers and emerging markets have been woefully underestimated in recent years, especially when delving into the private sector and entrepreneurial developments. Closer analysis reveals that key...

Amazon “buys” Cyprus

Tech giant relocates its EU HQ to Cyprus to avoid a government crackdown.See previous 2021 prediction The Covid-19 pandemic was the best thing that ever happened to Amazon, as a world forced to stay and even work at home drove soaring growth in online shopping, and companies moved to expand...

China’s new digital currency inspires tectonic shift in capital flows

China opens up its capital account, giving foreign investors full access for the first time.See previous 2021 prediction The People’s Bank of China (PBOC) rolled out an advanced digital currency experiment in October 2020. The Digital Currency Electronic Payment (DCEP) will be a blockchain-based digital version of the Yuan (CNY)....

Blockchain tech kills fake news

Verizon, Twitter and Facebook unite to save the truth, and themselves.See previous 2021 prediction The fake news industry is booming more than ever, polluting reliable news sources we have trusted for decades. The spread of disinformation is accelerated by algorithms that favour engagement, funnelling readers to extreme, attention-grabbing positions on...