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WHAT'S NEW?: Moves away from traditional, hierarchical, full-time structures towards a gig and shared economy continue apace. New models of virtual working and work anywhere, anytime for anybody are likely to grow dramatically in the coming years.

[New] More export opportunities and more advanced tech partnerships - if the UK follows the digital trade policy standards set in the trade agreements with Japan and the EU in future trade negotiations.
[New] The UK's Board of Trade report highlighted the importance of strengthening trade ties with fast-growing emerging markets, with 65% of the world's middle classes set to be in the Asia-Pacific by 2030.
[New] Smart electric vehicles represent one of the largest business opportunities in the next decade and represent an indispensable component of smart living.
[New] The global BaaS market is expected to reach $43.15 billion by 2026, growing at a compound annual rate of 24.4% from 2019 to 2026.
[New] While there are certain similarities between Australia and other countries, in the regulatory and business environments that platforms encountered, there are some distinctive local factors worth mentioning that might have shaped Australians' views of platforms and gig work.
[New] If the last two decades in China were about the rise of the consumer internet, the next two decades will be about digital transformation in traditional businesses.
[New] Extreme events at 1.1 °C of global warming are placing Australian lives and livelihoods at increasing risk, with concern that 3 °C of global warming would not be sustainable.
[New] Sharply higher global bond yields could abruptly tighten financial conditions for domestic borrowers given Australia's integration in global financial markets and high asset price correlations.
[New] The pace of global growth will determine commodities consumption, while demand from China may cool as investment growth there slows.
[New] Along with a tetchy U.S.-China relationship, other risks include the threat of sharply higher real yields in global bond markets that could tighten Asia-Pacific's financial conditions.
[New] Even as the rate of growth slows down following the dramatic spikes of 2020, grocery e-commerce will continue its upward trajectory over the coming years, reaching $129 billion in sales in the U.S. in 2023, compared to $89 billion in 2020.
[New] The new RoO requirements will shape the cost-benefit analysis for carmakers with plants in the UK: If they are unable to source batteries in the UK, they will move production elsewhere.
[New] The United States will need to collaborate with non-democracies like Vietnam in order to balance China, but we will also need to work with non-democratic China to deal with specific challenges, such as North Korea.
[New] China will dominate the headline numbers, but the USA, UK, South Korea and Japan will also be among the fastest to make 5G services widely available to consumers and enterprises.
[New] Under the FAO projection, the rate of average annual cereal yield growth could fall gradually over the next 35 years and still meet demand using only existing cropland.
[New] The price-weighted basis of the FAO figures implies a larger increase in crop demand than is actually projected on a mass basis: For example, FAO projects only a 46% increase in cereals demand.
[New] Agricultural production in the United States is projected to expand to meet the increased food needs of the US population, which is expected to double in the next 70 years.
[New] The increasing demands placed on the global water supply threaten biodiversity and the supply of water for food production and other vital human needs.
[New] Early infant diagnosis is increasingly available globally, enabling the earlier identification of infection and provides new exciting opportunities to study acute infection in children and promising cure strategies.
[New] On the export side, most regions will only see modest gains while Asia continues to supply large quantities of goods to global markets.
[New] In summary, reported outbreaks in Pakistan suggest that the spread of HIV might continue if adequate prevention strategies are not adopted.
[New] The spectrum auction for 5G services has been postponed by several federal governments across key countries, such as Spain, the U.S., and France, which will hinder the market growth.

Last updated: 05 April 2021

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