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Feb 17, 2021

Digital-enabling countries proved more resilient to the Covid-19 economic shock

The higher the digitization of your country or company, the higher the resilience of this country or company in a context of Covid-19. The Euler Hermes Enabling Digitalization Index (EDI) measures the ability – and agility – of countries to help digital companies thrive and traditional businesses harness the digital dividend.

Feb 15, 2021

Italy: Draghinomics FAQs

As Italy’s next Prime Minister, former ECB President Mario Draghi starts with a double economic burden: weak growth momentum and a vaccination delay that could cost EUR10bn (0.6% of GDP).

Feb 11, 2021

Is the Chinese Ox reflating the world, one container at a time?

Amid surging demand for imports from China, a container shortage and a strengthening RMB are pushing up import prices for European firms: We expect a peak of +6% y/y by end-April 2021 from +3% in November 2020. For the US, the impact should be milder: +2% y/y by July from -1% in November.

Feb 09, 2021

China: Riding the silicon ox?

The recent shortages of chips used in the automotive industry highlight the growing ubiquity and critical nature of semiconductors, which are the essential components that power the USD3,000bn IT industry.

Feb 08, 2021

Big Oil: At risk of becoming fossil firms?

Turning off the (profit) tap. After a year of low oil prices and low demand that pushed most major oil companies into losses, the hit to profitability will continue in 2021 and 2022.

Feb 04, 2021

Covid-19 vaccines: a USD40bn revenue windfall for pharmaceuticals

The race to find a cure for Covid-19 saw an estimated USD25bn spent on pharmaceutical R&D in 2020 alone, with half coming from the US’s "Operation Warp Speed".

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