A shipping industry leader explains how to keep supply chains moving amid a pandemic

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Clara Young, Writer Confinement and border closings have caused major challenges for global shipping logistics. Jim Snabe, chairman of the world’s biggest shipping line, AP Møller – Mærsk A/S, says “we can keep supply chains going.” In light […]

Oil prices could remain depressed for at least a year. Here’s why

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Roland O. Rechtsteiner, Partner, Global Energy Practice, Oliver Wyman Both the coronavirus pandemic and a Russia/Saudi Arabia price war have sent oil prices plummeting. Oil supply and demand might not become rebalanced until well after the virus is […]

6 ways social innovators are responding to the COVID-19 pandemic

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: François Bonnici, Head of Schwab Foundation for Social Entrepreneurship, World Economic Forum & Pavitra Raja, Community Specialist, Social Entrepreneurs – Europe and the Americas, World Economic Forum The COVID-19 pandemic increases the need for social innovations to help […]

‘Act fast and do whatever it takes’ to fight the COVID-19 crisis, say leading economists

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Rosamond Hutt, Senior Writer, Formative Content Leading economists urge governments to bring out the ‘big artillery’ to fight the economic fallout caused by the COVID-19 pandemic. Unconventional policy options such as ‘helicopter money’ should be on the table, […]

How the coronavirus market turmoil compares to 2008 – and what we can do

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Han Yik, Head of Institutional Investors, World Economic Forum The coronavirus outbreak is wreaking havoc on global financial markets. The 2008 recession can provide helpful insights and lessons. Strategies include government-led economic relief plans. With the Dow having […]

Renewable energy could power the world by 2050. Here’s what that future might look like

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Johnny Wood, Senior Writer, Formative Content It’s possible to switch to a fully sustainable global energy landscape within the next 30 years, according to research. Greater geographical connectivity of solar, wind and hydro power, can reduce energy use […]

How a chocolate bar gives hope for a new economy

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Achim Steiner, Administrator, United Nations Development Programme (UNDP) As the world seems to wake-up to new challenges on a daily basis – from devastating wildfires in Australia, to the unpredictable global spread of a new coronavirus – it […]

How AI is shaping financial services

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Lukas Ryll, Research Affiliate, Cambridge Centre for Alternative Finance, the University of Cambridge Judge Business School & Mary Emma Barton, Research and Analysis, Financial and Monetary Systems, World Economic Forum & Bryan Zheng Zhang, Executive Director, Cambridge Centre […]

Tips for investor engagement in emerging markets

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Justin Jensen, Project manager, World Economic Forum Investors are looking to grow their portfolios in emerging markets. They must take the time to understand the local business environment, culture, and evolving regulations. Partnering with local investors can be […]

Threat to biodiversity risks a flood of economic ruin

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Enric Sala, Explorer-in-Residence, National Geographic Society Mangroves are trees that grow miraculously on seawater, fringing some of the tropical shores of our planet. They shelter a wealth of wildlife, protecting more than 3,000 fish species, many of which […]

Markets can accelerate the transition to a low-carbon economy

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Mario Greco, Chief Executive Officer, Zurich Insurance Group Prices shape the behaviours of individuals and companies alike. Insurers are incentivizing customers to tackle climate change. A carbon tax would encourage users to put less of it into the […]

This is the IMF’s latest take on the economy in 2020

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Briony Harris, Senior Writer, Formative Content Climate change is already having an impact on the global economy. Countries must ensure the vulnerable are protected in order to maintain social cohesion. Despite the note of optimism, significant risks remain. […]

Negotiations on Investment Facilitation at the WTO gain support at Davos

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Ministers at Davos announced negotiations between 99 economies on a new international framework on investment facilitation for development at the World Trade Organization (WTO), with the strong support of business and other key stakeholders. The framework is aimed at […]

The world needs a circular economy. Help us make it happen

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Frans van Houten, Chief Executive Officer, Royal Philips & Naoko Ishii, Chief Executive Officer and Chairperson, Global Environment Facility The circular economy could be a $4.5 trillion business opportunity. Only 9% of the global economy is circular at […]

E-commerce is globalization’s shot at equality

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Henadi Al-Saleh, Chairperson, Agility Small businesses have global potential thanks to e-commerce. SMEs active on the internet export more than traditional businesses. Heightened economic activity can especially benefit women. Globalization got a bad rap in part because, by […]

We need better alignment between climate and trade. Here’s a roadmap

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Carolyn Deere Birkbeck, Senior Researcher, The Graduate Institute, Geneva; Senior Research Associate, Global Economic Governance Programme, University of Oxford & John W.H. Denton, Secretary-General, International Chamber of Commerce (ICC) Trade and climate policy-makers have worked in separate silos […]

The power of partnership: joining forces to fight financial crime

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Charlotte Edmond, Senior Writer, Formative Content Financial crime is a complex and ever-evolving issue. 49% of global organisations victim of fraud or economic crime. Regulators, law enforcement and industry working together. We are living in a period of […]

Questions directors need to ask in the age of stakeholder capitalism

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Milton Cheng, Global Chair, Baker McKenzie & Beatriz Pessoa de Araujo, Partner; Head, Corporate Governance, Baker McKenzie & Julia Hayhoe, Chief Strategy Officer; Member of the Global Executive Committee, Baker McKenzie Shareholder capitalism is making way for stakeholder […]

Is corporation tax good or bad for growth?

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Jane McCormick, Partner; Global Head, Tax, KPMG & Christopher Morgan, Head of Global Tax Policy, KPMG Business requires a stable society to which it should contribute. Business pays taxes on production, people, property and environmental impact, as well […]

A win-win strategy for private equity deals

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: David Novak, Partner, Clayton, Dubilier & Rice LLP ⦁ Dealmaking is not a zero-sum game. ⦁ Sellers should select a buyer based on their view of the new owner’s ability to increase the value of the business. ⦁ […]

Financial services are changing. Here’s how

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Michael C. Bodson, President and Chief Executive Officer, Depository Trust & Clearing (DTCC) Disruptive technology is empowering financial services clients. APIs enable the development of financial services applications that can be customized to an organization’s needs. The industry […]

What wealth managers can learn from family dynamics

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Viola Steinhoff Werner, Founder, Young Investors Organization; Head of Global Next Generation and Families, Credit Suisse The next generation of wealth management clients are disrupting the industry. Wealth managers must include the next generation early on to understand […]

Financing fossil fuels risks a repeat of the 2008 crash. Here’s why

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Jennifer Morgan, Executive Director, Greenpeace International To continue financing fossil fuel expansion is today’s equivalent of betting the bank – and the global economy – on subprime mortgage-backed securities over a decade ago; it is fuelling a crisis […]

How green investment will help Latin America and the world fight climate change

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Luis Alberto Moreno, President, Inter-American Development Bank Climate change is having a dramatic effect on Latin America and the Caribbean. Most people in the region view climate change as a major peril. Costa Rica, Chile and 21 regional […]

Here’s how businesses can make the circular economy a reality

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Alain Bejjani, Chief Executive Officer, Majid Al Futtaim Half of all existing plastic was manufactured in the last 13 years. Less than 10% of all plastic has been recycled. Corporations like Dell, PepsiCo, British Telecom and Majid Al […]

Here are 3 ways venture capital can fund a better future

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Zachary Bogue, Managing partner and co-founder, DCVC Venture capital investment in artificial intelligence (AI), massive cloud computing, robotics and the application of molecular and biological science could reshape major global industries. “Deep Tech” offers an investment opportunity at […]

Why we need to rethink geo-economics to beat climate change

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Abhinav Chugh, Content and Partnerships Specialist, Strategic Intelligence, World Economic Forum On Mousuni Island – a part of the Indian Sunderbans with a rich ecosystem and UNESCO World Heritage site status – the climate crisis has already threatened […]

How venture capital can transform global health

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Dr Nina Rawal, Founder and Managing Director, Emerging Health Ventures Venture capital can turn scientific discoveries into consumer products for patients in LMIC. It has transformed the market for rare disease medicines, bringing huge benefit to patients worldwide. […]

The Fourth Industrial Revolution is redefining the economy as we know it

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Katica Roy, CEO, Pipeline The Fourth Industrial Revolution (4IR) upends current economic frameworks. Who makes money – and how – has changed. Demographics have changed. Even the skills that brought our society to where we are today have […]

This digital currency could build a more sustainable global economy

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: John Liu, chief product officer, Fusion Foundation & Peter Lyons, Senior Adviser, Emerging Technologies, Lapa Capital Whether we are talking about trade and investment or banking and payments, stablecoins and the technology underlying them will be the building […]

Brexit update: can the UK General Election of 12 December 2019 lead to a Brexit extension to 2030?

Both Boris Johnson and Jeremy Corbyn are debating ahead of the general elections in the UK which will be held on December 12th, 2019. The polls show a clear advantage of the conservative party with Tories’ leader to offer a way out of the EU. UK business trembles about how things will evolve and is […]

To build a circular economy, we need to put recycling in the bin

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Alexandre Lemille, Co-founder and general secretary, African Circular Economy Network Too often the concept of a circular economy is muddled up with some kind of advanced recycling process that would mean keeping our industrial system as it is and […]

The world’s economy is only 9% circular. We must be bolder about saving resources

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Janez Potocnik, Co-chair, International Resource Panel & Antonia Gawel, Head of Circular Economy Initiative, World Economic Forum The immense progress in human development over the past century has provided incredible opportunities for many, yet it has been largely fuelled […]