Global Scans · Economy · Weekly Summary

DRIVER: The global economy still faces serious headwinds and political uncertainty potentially balanced by the enormous promise of technological advancements in many fields. Read on to get a solid handle on the opportunities and risks you and your organization may likely face and set your sails accordingly.

• [New] If prices remain high, solar could save Pakistan $6.3 billion in fossil fuel imports over 2027. WRAL
• [New] Global secondary aluminum production stood at 28.3 million metric tons in 2023 and is projected to reach 40.6 million metric tons by 2030 at a CAGR of 5.3%. Persistence Market Research
• [New] In the longer term a lot will depend on the development of economic ties between the largest BRICS powers, most notably China and India. BRICS
• [New] The closure of the Strait of Hormuz has transformed a geopolitical risk into a global supply shock affecting energy markets, supply chains, inflation dynamics, and monetary policy worldwide. Rothschild & Co
• [New] Generative AI and smart automation could add between $2.6 trillion and $4.4 trillion to the global economy each year, mostly by making knowledge work more productive. The AI Journal

Last updated: 14 April 2026