The first round of French regional elections was a disappointment for both Marine Le Pen’s Rassemblement National (RN) as well as President Emmanuel Macron’s La République En Marche (LREM). RN obtained 19% of…
Iran held its presidential election on June 20. Islamic cleric and regime hardliner Ebrahim Raisi won the election as expected, with 62% of the vote. Voter turnout fell from 70% in 2017 to 49% this year, as Iranian liberals…
Highlights The US Innovation and Competition Act shows that the US is rediscovering industrial policy amid domestic populism and foreign geopolitical risk. Fiscal accommodation is a basis for the economy to improve, political…
According to BCA Research’s US Political Strategy service, the US Innovation and Competition Act (USICA) will produce a mini-boom in US productivity. The Senate’s passage of the Innovation and Competition Act on…
The Group of Seven meeting in the UK on June 11-13 highlighted the rhetorical shift among western democracies as they attempt to recover their political support in the wake of the global pandemic and recession. The joint…
Highlights Geopolitical risk is trickling back into financial markets. China’s fiscal-and-credit impulse collapsed again. The Global Economic Policy Uncertainty Index is ticking back up after the sharp drop from 2020. All of our…
Highlights US labor-market disappointments notwithstanding, the global recovery being propelled by real GDP growth in the world's major economies is on track to be the strongest in 80 years. This growth will fuel commodity demand,…
The Global Policy Uncertainty Index is falling sharply and is now at the lowest level since April 2019. The decline is consistent with positive global pandemic developments which are supporting economic recoveries worldwide.…