Months of trade uncertainty and higher tariffs haven’t stopped US shoppers from adding to their carts throughout the year. Black Friday and Cyber Monday sales are likely to hit a new record this year but the US consumption engine has been resilient throughout the tariff uncertainty.
The global transition stands at a critical crossroads. A decade after the Paris Agreement climate impacts are accelerating: 2024 was the hottest year on record, with direct climate damages reaching USD300bn and broader economic losses in the trillions.