Studies and reports

Currencies

US GDP growth expectations fall

After accounting for the dismal data prints, the Atlanta Fed’s ‘GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the fourth quarter of 2018 is 1.5 percent on February 14, down from 2.7 percent on February 6,’ and signs of a more meaningful slowdown may continue to drag on interest-rate expectations as a growing number of Fed officials endorse a wait-and-see approach for monetary policy.

Worldwide consumption of food and beverages will account for 8.9 per cent of GDP by 2030 – up from today’s 8.5 per cent - according to the Gulfood Global Industry Outlook Report 2019 released today at the world’s largest annual food and beverage trade exhibition.

The winter season is upon us and vacationers in the Middle East are all set for their holiday ski trips. However, according to FireEye Threat Intelligence, you can’t get away from hackers even during holidays in the mountains. The new report highlights recent ransomware attacks to cable cars in Austria and Moscow, highlighting a greater risk to the kind of transportation systems used by winter travelers. 

Ford has been ranked the 3rd most intimate brand in the UAE, according to MBLM’s Brand Intimacy 2019 Report. The annual report ranks brands on their ability to build strong emotional bonds with their customers, and Ford’s third spot behind Apple and Emirates airline, ranks it first in the automotive industry.

A poll undertaken by leading global health insurance services and health care company, Aetna International, has revealed almost a third (31%) of Millennials in the UAE are unaware of the causes or symptoms for heart disease, when cardiovascular disease is the leading cause for death in the region.