Photo: Brendan McDermid / Reuters
This year, the global economy will be a global shift: the priority will be not economic growth, and caring about the environment and climate. This forecast was made by analysts of the Danish Saxo Bank, says “Kommersant”.
As noted by chief economist and Director for investment Bank Steen Jakobsen, lack of food, clean air and water becomes an existential problem. Bank analysts believe that climatic disasters such as, fires in Australia, and stimulate the authorities in the fight against climate change. “Green stock a lot of potential, but investors should carefully weigh their investments”, — noted experts.
In December 2019, the Saxo Bank predicted that in 2020, Hungary will leave the EU, the US presidential election will benefit democratic nominee Elizabeth Warren, and Asia will be the new reserve currency, which will be called “Asian drawing right” (ADR). As for Russia, according to analysts, the coming year will be successful for the country. The world price of oil will rise and reach the level of 90 dollars per barrel. At the same time there will be to experience the green energy.
Video, photo All from Russia.