When this firm was producing strategic scenarios on climate change ten years ago, we knew that the Pentagon saw rising temperatures as a recipe for geopolitical insecurity. They knew that the ecological disasters would likely affect populations already beset by famine and weak institutions, and that humanitarian missions would be increasingly required. Ten years later, the IMF is sounding the …
Global Digital Advertising Spend 2017
As we see the effect Russian intelligence had on the 2016 election by coopting Google, Youtube, Facebook, and other platforms, it’s clear that digital advertising and media in general has taken primacy in terms of influence over global affairs. This chart shows how Google and Facebook essentially are the Internet, as evinced by the money spent to affect its message …
US Payroll Employment Trends, 2008-2017
It’s been a good run, but somewhere between hurricanes and Donald Trump actively threatening tariffs or war every couple of days, payroll job growth is off.
Solar PV grew the fastest in adding electricity production to the grid
Good news from the International Energy Agency: solar PV and renewables in general grew the most in 2016 in terms of adding to the electrical grid. Boosted by a strong solar PV market, renewables accounted for almost two-thirds of net new power capacity around the world last year, with almost 165 gigawatts (GW) coming online, according to the new report, Renewables …
Canadian labour trends strong, as well as wages
While things are less cheery for their southern neighbors, Canada has just reported an increase in both labour participation and rising wages for the 10th straight month. This is particularly welcome news for Canada given two main threats to its economic stability. First, its reliance on raw materials – especially oil exports – means that low petroleum prices damage their …