Hello Readers,

Did you hear?

PM Trudeau is in trouble!

Canadian Prime Minister Justin Trudeau is in a lot of trouble as both he and his Liberal Party are in trouble. His Deputy PM recently resigned over policy differences as the Canadian population has now gotten fed up with the Liberal government. Opposition leader Pierre Polievre’s Conservative Party now has the support of 50% of Canadians while the Liberal Party has fallen to its lowest of under 20%. Some reports suggest that Liberal MPs now want Trudeau to resign as PM Trudeau’s political career is in danger. What about the UK?

UK PM Starmer is in hot water!

Incumbent UK Prime Minister Kier Starmer’s political standing is in danger as people are dissatisfied with his work as PM. 61% of Britons are discontent with Starmer’s performance as Labour leader as Pro-Islamic extremist elements have been growing stronger under Starmer as Tesla chief Elon Musk linked Starmer to Pakistani grooming rape gangs! He also called for King Charles to dissolve the UK Parliament and hold elections. Moreover, 20 councilors from Labour have left the party due to Starmer’s leadership! Wait, there’s more!

South Korea’s President might get arrested!

After the martial law fiasco by President Yoon Suk Yeol, the South Korean political landscape has been engulfed in chaos. Protests have been going on as the Parliament impeached President Yoon. However, trouble began when the matter of his arrest was called out. Investigators and police approached his residence with an arrest warrant but were forced to stand off against the Presidential security and supporters. The investigators were unable to carry out the arrest as former President Yoon’s legal team deemed the warrant invalid, worsening an already tense condition. What about China?

Xi Jinping is planning for reunification!

In his New Year’s speech, Chinese President Xi Jinping reiterated his stand about reuniting China and Taiwan! Despite Taiwan claiming independence, China has long considered Taiwan its own land which has pro-independence forces. This has led to massive tensions in the region as the US has been supporting Taiwan. In his speech, he claimed that “no one” would be able to stop the “reunification” as there are fears of an all out attack on Taiwan. Taiwanese President Lai Ching-te has called for more weapons to defend Taiwan as the US is its biggest supporter. What about the US?

Trump’s sentencing is coming!!

Donald Trump, President elect and the only convicted US President, is about to get his sentencing on 10th January. The case stems from Trump falsifying accounts relating to hush money payments to adult actress Stormy Daniels. While Trump was declared guilty on 34 counts of the case, he is not expected to be jailed. Judge Juan Merchan indicated that his sentencing will proceed, despite the proximity of his inauguration, Trump is expected to get an “unconditional discharge”, resulting in no jail time for the former and future President!! It will be interesting to see how the political landscape in the US plays out.

Speaking of the US, did you know that New York City serves as a global hub for consulting?

While 2024 saw a sharp slowdown in the Consulting industry, 2025 is expected to show great change. Companies are looking for ways to boost profitability as major changes like the acceptance of advanced technologies like AI and ML, digital transformation, sustainability, hybrid working, and other new business practices will require significant assistance.

According to a report by Mordor, the Healthcare sector will witness the highest growth and Asia-Pacific is expected to drive overall market growth with companies seeking out specialized advice to tackle new business challenges.

How will that benefit India?

With a growing economy, weaker currency, rising education, and growing skill levels among the young demographic, a larger amount of services are now being outsourced to India. Several MNCs are now setting up multiple offices in India to take advantage of lax labour laws and a smart workforce. In fact, 16 governmental ministries gave the Big Five consultancies 300+ assignments worth over Rs 500 crores over the last 6 years, indicating the government’s acceptance and reliance on consulting.

Moreover, the global management consulting market is set to grow at a CAGR of 10.2% to reach $811.3 billion to reach new horizons. As such, firms like KPMG, Deloitte, EY, PwC, and McKinsey are expanding their presence in the country and ramping up hiring. But are you taking advantage of it?

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