Global Scans · Decent Work and Growth · Weekly Summary

In September 2015, 193 world leaders agreed to 17 Global Goals for Sustainable Development. If these Goals are completed, it would mean an end to extreme poverty, inequality and climate change by 2030.
Goal 9: Build resilient infrastructure, promote inclusive and sustainable industrialization and foster innovation.

• [New] Global liquid fuels consumption growth is driven almost entirely by non-OECD countries, which grow by 1.2 million b/d in 2025 and 1.0 million b/d in 2026, while OECD consumption falls by 0.1 million b/d in 2025 before increasing by 0.1 million b/d in 2026. EIA - Energy Information Administration
• [New] We expect the United States, Brazil, Canada, and Guyana to drive production growth over the forecast period. EIA - Energy Information Administration
• [New] The continued growth of non-OPEC supply, especially from U.S. shale and new offshore projects, will remain a critical determinant. The Chronicle-Journal
• [New] The drag on overall labour force growth stemming from sharp declines in the U.S.-born labour force over the next decade will likely be quite steep. Economic Policy Institute
• [New] Labour productivity growth in mature economies has been weak, with the US expected to witness a substantial decline for the second consecutive year. Staffing Industry Analysts (SIA)
• [New] Growth in South Asia is expected to slow sharply from 6.6% in 2025 to 5.8% in 2026. Deccan Chronicle
• [New] The marketplace lending segment is expected to witness the fastest growth from 2025 to 2034. Precedence Research
• [New] Asia Pacific is anticipated to witness significant growth during 2025-2034. Precedence Research
• [New] Latin America and the Middle East & Africa represent developing markets with considerable growth potential. Market Research Intellect
• [New] Business travel growth is not expected to exceed leisure travel until after 2026. Newsweek
• [New] Emerging markets offer high growth but face geopolitical risks, with 74% of firms prioritizing political risk in 2025 (KPMG). Ainvest
• [New] The US and Western Europe will lead, accounting for over 70% of global security spending, and Latin America, Central & Eastern Europe, and the Middle East & Africa will experience strong growth. fortinet
• [New] A deflating AI bubble and buckling consumer against the backdrop of a broadly slowing economy would result in a 30% decline for the S&P 500 that could take years to work off. Morningstar, Inc.
• AI could unlock $13 trillion in global economic value by 2030, and Gartner forecasts that 75% of enterprises will leverage AI to drive revenue growth by 2025. Rapidops
• From 2025 to 2034, Asia Pacific is predicted to have the highest growth, at 15.6%. Precedence Research
• In 2050, based on a predicted annual growth rate of 5%, the price of Universal Basic Income (UBI) is expected to reach $0.0003433. Bitget
• Based on an annual growth rate of 5%, the Universal Basic Income (UBI) price is expected to reach $0.0001064 in 2026, $0.0001294 in 2030, $0.0002107 in 2040, and $0.0003433 in 2050. Bitget
• AI continues to revolutionize various industries, with an expected annual growth rate of 36.6% between 2023 and 2030. Emplibot
• Medicare expenditures have risen dramatically, from 2.2% of GDP in 2000 to 3.7% in 2023, with projections showing further growth to 5% by 2034. Hoover Institution
• IREN's strategic expansion into AI Cloud services, targeting US$ 500 million in ARR by early 2026, underscores its growth strategy. Simply Wall St

Last updated: 12 October 2025