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Start your week with a generous dose of foresight. In just 5 minutes get a head start on this week’s global political and economic events that will shape your business, strategy, and portfolio. Subscribe to our newsletter to receive the latest edition, every Monday, in your inbox. Be the first to know so you are the first to lead!
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Welcome to Government Analytica’s Geopolitical & Development Week Ahead newsletter. We provide in-depth coverage and analysis of the latest in local and international development, economy, regulations, and politics that shape the national business environment of key countries around the world.
We delve into the policies and decisions that shape economic development and regulatory frameworks, and how they impact businesses and individuals alike. We explore the challenges and opportunities faced by different industries and sectors and provide insights into emerging government-influenced trends and opportunities.
In addition, we closely monitor government developments and their potential impact on the economy and regulatory landscape. From changes in government policies to shifts in international megatrends, we keep you informed of their emergence and impact.
Whether you are a company, business owner, investor, advisor, consultant, policymaker, or simply interested in staying up to date on the latest economic and political developments, our newsletter is the perfect resource for you.
GOVERNMENT ANALYTICA ACADEMY: Learn more about 6-steps to Effective Government Advocacy with this quick 1-pager. Contact us to learn more about our capabilities and see how we can be of service to you.
HAPPENING THIS WEEK
MONDAY
The 42nd ASEAN Leaders’ Summit – The participants will discuss economic, political, security and sociocultural developments in Southeast Asian countries in Labuan Bajo (Indonesia).
Interactive multistakeholder hearing as part of the preparatory process toward High-level meeting on the fight against tuberculosis. The event will be broadcast live on UN Web TV.
The United Nations Conference on Trade and Development (UNCTAD) will host the third UN Trade Forum (8-9 May).
Japanese Prime Minister Kishida Fumio meets with South Korean President Yoon Suk-Yeol in Seoul.
World Red Cross and Red Crescent Day.
Reducing methane emissions. Members of European Parliament will debate and vote on their position to start talks with Council on legislation to reduce methane emissions in the energy sector to reach the EU’s climate goals and improve air quality.
TUESDAY
U.S. House Committee on Ways and Means – Hearing: Trade in America: Securing Supply Chains and Protecting the American Worker – Staten Island – Meeting Details
Stopping greenwashing/durability of products. Following a debate on Tuesday, Members of European Parliament are set to adopt on Thursday their negotiating position on a new directive to improve product labelling, ban planned obsolescence so products will last longer and end misleading claims.
WEDNESDAY
The EU and ASEAN hold their 24th summit in Labuan Bajo, Indonesia, to discuss economic, political, security and sociocultural cooperation between the two regions. The summit aims to strengthen the strategic partnership between the EU and ASEAN, as well as to address common challenges such as climate change.
U.S. House Transportation and Infrastructure Subcommittee on Highways and Transit – Hearing: Freight Forward: Overcoming Supply Chain Challenges to Deliver for America – Meeting Details
U.S. Senate Committee on the Budget – Hearings to examine leadership perspectives and experience on the national costs of climate change.
THURSDAY
The G7 summit takes place in Niigata, Japan, with the participation of leaders from Canada, France, Germany, Italy, Japan, the UK and the US. The agenda of the summit includes topics such as global health, trade, digital transformation, climate action.
The Global Expert Group Meeting in preparation of the SDG7 (ensure access to affordable, reliable, sustainable and modern energy for all) review at the HLPF 2023 will be organized by the UN Department of Economic and Social Affairs (DESA). The meeting will continue until 12 May.
House Financial Services Subcommittee on Oversight and Investigations – Hearing: Oversight of Silicon Valley Bank and Signature Bank: GAO’s Preliminary Review – Meeting Details
House Transportation and Infrastructure Subcommittee on Railroads, Pipelines, and Hazardous Materials – Hearing: Getting Back on Track: Exploring Rail Supply Chain Resilience and Challenges – Meeting Details
EU Artificial Intelligence Act. The EU’s Internal Market and Civil Liberties committees will vote on draft rules ensuring AI systems placed on the EU market are safe and lawful. The text includes specific obligations for high-risk AI systems and bans on certain unacceptable AI practices, e.g. social scoring.
FRIDAY
Liberia presidential elections.
SATURDAY & SUNDAY
EU Indo-Pacific Ministerial Forum – Sweden and the EU will host the forum in Stockholm (Sweden), under Sweden’s EU presidency.
Elections: Mauritanian National Assembly, Turkish Presidency, Turkish Grand National Assembly, Thai House of Representatives.
GLOBAL ECONOMIC PULSE
The Bank of England, National Bank of Poland and National Bank of Romania will announce its interest rates next week. Emerging Market countries are holding interest rates unchanged as they have already imposed much higher interest rates compared to developed markets. China’s credit growth, trade and inflation data will be released this week. A softer inflation picture is expected out of the U.S. too. Hungary, Czech Republic and Romania will report inflation rates. India industrial production will also be released. Deloitte reports that EU economies grew in the first quarter of 2023, but only modestly. Compared to the previous quarter, real GDP was up 0.1% in the Eurozone and up 0.3% in the larger EU. Compared to a year earlier, real GDP was up 1.3% in both the EU and Eurozone. This performance was significantly slower than in the United States. Japan predicts that by 2050, its population will be below 100 million and likely 87 million by 2070. Today it stands at 126 million.
Earnings Reports This Week: PayPal Holdings (PYPL), McKesson Corp. (MCK), KKR & Co. (KKR), Suncor Energy (SU), Devon Energy Corp. (DVN), BioNTech (BNTX), Tyson Foods (TSN), and Palantir Technologies Inc. (PLTR), Duke Energy Corp. (DUK), Airbnb (ABNB), Air Products and Chemicals Inc. (APD), Occidental Petroleum (OXY), Transdigm Group Inc. (TDG), Alcon Inc. (ALC), Apollo Global Management (APO), Electronic Arts (EA), GlobalFoundries (GFS), Coupang (CPNG), Fox Corporation (FOXA), Wynn Resorts (WYNN), and Rivian Automotive (RIVN), The Walt Disney Company (DIS), Toyota Motor Corp. (TM), Takeda Pharmaceutical Company (TAK), Manulife Financial Corp. (MFC), Nutrien Ltd. (NTR), Li Auto (LI), Roblox Corporation (RBLX), First Citizens BancShares (FCNCA), and U-Haul Holding Company (UHAL), JD.com (JD), Brookfield Corporation (BN), Sun Life Financial (SLF), Telefonica (TEF), PerkinElmer (PKI), News Corporation (NWS), and U.S. Foods Holding Corp. (USFD), Sumitomo Mitsui Financial Group (SMFG), Honda Motor Company (HMC), Mizuho Financial Group (MFG), and Spectrum Brands Holdings (SPB)
NOTEWORTHY REGULATIONS, LEGISLATION, DECISIONS & REPORTS
- WORLD ECONOMIC FORUM: Since its first edition in 2016, the World Economic Forum’s bi-annual Future of Jobs Report has tracked the labour-market impact of the Fourth Industrial Revolution, identifying the potential scale of occupational disruption and growth alongside strategies for empowering job transitions from declining to emerging roles. The 2023 edition is a stellar piece of work. The Future of Jobs Report 2023 explores how jobs and skills will evolve over the next five years. This fourth edition of the series continues the analysis of employer expectations to provide new insights on how socio-economic and technology trends will shape the workplace of the future.
- AIRBUS: Airbus published its Airbus Annual Report.
- U.S. NATIONAL STANDARDS: United States Government released its U.S. National Standards Strategy for Critical and Emerging Technology (also see Strategy), with the goal of safeguarding American consumers’ technology and U.S. leadership and competitiveness in international standards development. Standards used will ensure the technology Americans routinely rely on is universally safe and interoperable. This Strategy strives to renew the United States’ rulesbased approach to standards development. It also will emphasize the Federal Government’s support for international standards for critical and emerging technologies (CETs), which will help accelerate standards efforts led by the private sector to facilitate global markets, contribute to interoperability, and promote U.S. competitiveness and innovation.
- UNITED NATIONS: United Nations published DRAFTING DATA PROTECTION LEGISLATION GUIDE, A Study of Regional Frameworks
- India: Pharmacopoeia Commission, Ministry of Health & Family Welfare, Government of India published How to improve regulatory practices for refurbished medical devices
- WORLD HEALTH ORGANIZATION: The World Health Assembly in May, and later on the run-up to the three High Level meetings in September, with priority on Global Health Governance and Pandemic Preparedness & Response.
- COP28: The next UN Climate Summit will consider health issues in depth for the first time, with COP28 dedicating a day to health.
- HEALTH CARE MEGATREND: Public Policy & Aging Report published an article titled The New Hospital-at-Home Movement
- INDIA: With an objective to establish a comprehensive framework supported by guiding strategies for ensuring sustained growth and development of the medical devices sector, India’s Department of Pharmaceuticals, Ministry of Chemicals and Fertilizers, released the India’s National Medical Devices Policy, 2023 (Policy).
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AREAS WE TRACK
POLITICAL LEADERSHIP: Covering changes in political leadership and elections.
GEOPOLITICS & POLITICAL RISK: Movements of government positions in multilateral organizations. Major changes in governments policies and regulations.
SUPPLY CHAINS & INDUSTRIAL POLICY: Major global issues around trade, trade relations and supply chains.
ECONOMY: Major countries’ economic developments, major changes in GDP and other economic indicators. Investments, jobs, monetary pressures in key economies.
FISCAL STIMULUS or SURPLUS SPENDING: Government investments in economic stimulus and social assistance. Government social assistance to businesses. External or internal national investments.
TAXES: Changes in taxation regulation for VAT, corporate tax, and other forms of taxation.
LABOR: Employment and unemployment trends and regulations. Workforce changes and shifts in labor demands.
FINANCIAL SERVICES: Multilateral financial institution investments in new projects. National banks and important monetary decisions.
INFRASTRUCTURE & CONSTRUCTION: Major new infrastructure investment projects focused on transportation (roads, rail, aviation, shipping), municipal water systems, national and regional electrical grid, telecommunication & broadband.
ENERGY & ENVIRONMENT: Government investments and regulation in support of major environmental policies. Investment and regulation for energy production including oil & gas and renewables, smart electricity transmission and distribution. Investment and regulation for point-of-use electrification.
HEALTHCARE: Major new health policies and regulatory changes in key economies around the world. Major global new or updated pharma or medical device regulations. New emerging threats of infectious diseases and outbreaks. Pandemic preparedness and response.
TECHNOLOGY: Major movements in government technology policy. Major technological advancements impacting market verticals.
AVIATION: Airlines and aviation company developments including MRO. Flag carrier policy developments.
AUTO INDUSTRY: Major auto industry trends and government policy.
READERSHIP PROFILE
Subscribers: C-Suite executives, leaders in associations, nonprofits, NGOs, major consulting companies, think tanks, ministers and members of parliaments.
Subscriber Location: They hail from the U.S. and dozens of other countries, mostly developed and fast-growing emerging economies.
Open Rate: On average, over 70% open and read our newsletter.
We take an in-depth look one week ahead and one week back. Start your week with a generous dose of hindsight and foresight!
