What is inclusive capitalism, and why does it matter?

This article is brought to you thanks to the strategic cooperation of The European Sting with the World Economic Forum. Author: Miguel Milano, President, Salesforce The concept of building shareholder value has been a driving force of business since companies began to go public. Yet as businesses and governments adjust to the new realities of the Fourth Industrial Revolution, […]

EU-US ties to break over Iran; Democrats’ electoral win may not change it

After last Tuesday’s midterm elections in the United States, the Republicans of President Donald Trump lost the House of Representatives to the Democratic Party. The vote was turned out into a referendum for the Trump administration, and the GOP lost the full control of the two chamber Congress. From now on, the White House will […]

The Europeans back Russia-Turkey on Syria: A ‘Waterloo’ for Saudis and their Crown Prince

France and Germany have put their weight behind the Russia–Turkey agreement for a lasting ceasefire in Syria. The four leaders also said they agreed to put together a committee to draft a constitution for the political rehabilitation of the devastated country. Last Saturday, the French President Emmanuel Macron, German Chancellor Angela Merkel and the Russian […]

EU tells Britain stay in as long as you wish

This newspaper has repeatedly asserted there will be no real Brexit, at least in the foreseeable future. Last week, the European Council in Brussels confirmed this. The President of the Council, Donald Tusk, made it clear. He plainly said Britain can remain as a full EU member after the Brexit day of 29 March 2019, […]

US-China trade war: Washington now wants control of the renminbi-yuan

The US- China trade war is now taking new dimensions, touching the very financial heart of the most populous country on earth. The Washington administration has already more or less ordered Beijing to perform unbelievable structural changes of American liking in the economy. Now they say monetary issues have to be inserted in the trade […]

How transparency can help the global economy to grow

This article is brought to you thanks to the strategic cooperation of The European Sting with the World Economic Forum. Author:  Alex Konanykhin, CEO, TransparentBusiness Countries around the world spend an estimated $9.4 trillion a year on procurement – 15% of global GDP. Indeed, UN figures estimate that public procurement can account for 15-30% of GDP for many countries. […]

Populist Eurosceptics helped by Trumpists seriously threaten the EU edifice

The confrontation between the populist Italian government and the European Union’s leadership has already left a clear trail on the European ground that permits us to project the itinerary of this conflict in the future. The Italian government is an unorthodox coalition of the extreme right wing party Lega, under its rebellious leader Matteo Salvini […]

Italy’s populist government appears determined to drive EU economy and markets into recession

The Italian budget plan has recently created turbulences and serious concerns in the EU economy as the third largest economy of the bloc cuts growth forecasts and increases spending. The European Commission together with the International Monetary Fund (IMF) have urged the Italian government to restate its budget and comply with the EU fiscal rules […]

The new North America trade deal USMCA punishes German cars

The North America Free Trade Agreement (NAFTA) is dead. Long live the new United States, Mexico, Canada Agreement (USMCA). The three North American nations will continue trading goods of a value of at least $ 1.2 trillion yearly between them. The US President Donald Trump had termed NAFTA as the worse trade deal his country […]

Cryptocurrency mining could become the new face of energy storage. Here’s how

This article is brought to you thanks to the strategic cooperation of The European Sting with the World Economic Forum. Author: Enass Abo-Hamed, CEO, H2GO Power & Daniel Evans, Co-founder, Gibraltar Stock Exchane If we want to prepare for the future, we must acquire a stake in the new and crucial area of technology called blockchain. Amongst other applications, […]

Parallel downfalls of Merkel and Deutsche Bank threaten Germany and Europe

Only a few years ago, Germany’s stars of pride and accomplishment were personified and embodied in the unparalleled triumphant stories and achievements of Chancellor Angela Merkel and Deutsche Bank. They both had amazed Europe and the world, with their successes in the politico-economic universe. Until the legislative elections of September 2017, and probably sometime earlier […]

Who can unlock the stalled Brexit negotiations? UK Premier sticks to her proposal

The Brexit cataclysm comes to its apex. On the one side is Prime Minister Theresa May, and on the other around 50 unrepentant Brexiteer Tory MPs. The sides are about to cross swords within and without Parliament. Reportedly, May could pass her own – not so mild but negotiable in Brussels – version of Brexit […]

Draghi to lay his print on long term ECB policies prior to exiting next year

Mario Draghi, the President of the European Central Bank, was criticized by major global financial media for insisting to end the easy money policy this December. The argument is that, after ECB’s Governing Council decided at the end of the prosperous 2017 to end its extraordinary monetary policy, the world has become a riskier place. […]

3 things the G20 can do to save the World Trade Organization

This article is brought to you thanks to the strategic cooperation of The European Sting with the World Economic Forum. Author: Shuaihua ChengManaging Director, ICTSD China, International Centre for Trade and Sustainable Development (ICTSD) This week, trade and investment ministers from the G20 will gather at Mar del Plata in Argentina for the first time since the tariff […]

Is there a new debt crisis on the horizon?

This article is brought to you thanks to the strategic cooperation of The European Sting with the World Economic Forum. Author: Zhu Ning The US Federal Reserve governor, Jerome Powell, stated in the recent Jackson Hole meetings of global central bankers that the US economy is doing well at present and confirmed the continuation of interest-rate hikes in […]

Global trade is broken. Here are five ways to rebuild it

This article is brought to you thanks to the strategic cooperation of The European Sting with the World Economic Forum. Author: Wendy CutlerVice-president, Asia Society Policy Institute Tension, angst and mistrust pervade today’s global trade landscape. The multilateral trading system that has governed the international flow of commerce over the past 70 years is being tested in ways that […]

These are the next big products in consumer technology

This article is brought to you thanks to the strategic cooperation of The European Sting with the World Economic Forum. Author: Johnny Wood Writer, Formative Content Gadgets come and gadgets go. While some live up to the hype, many just fade away and are forgotten. Technology moves on at such a rapid pace that it’s sometimes hard to determine […]

Activist investors are more powerful than ever. Here’s what that means for the economy

This article is brought to you thanks to the strategic cooperation of The European Sting with the World Economic Forum. Author: Dominik BreitingerCommunity Lead, Professional Services Industry, World Economic Forum & Sophie Hardach Greedy locusts or corporate reformers? Ruthless predators or clear-eyed strategists? Activist investors are transforming the corporate landscape, but their broader impact is still far from clear. Their […]

Trade, entrepreneurship and the future of ASEAN’s economy

This article is brought to you thanks to the strategic cooperation of The European Sting with the World Economic Forum. Author: Sushant Palakurthi Rao, Head of Global Partnerships, Agility As the World Economic Forum comes to Ha Noi for this year’s ASEAN meeting, we’re reminded of how far Viet Nam has come since the country first hosted the gathering […]

What do the economic woes of Turkey, Argentina and Indonesia have in common?

This article is brought to you thanks to the strategic cooperation of The European Sting with the World Economic Forum. Author: Michael Hanley, Head of Digital Communications, Member of the Executive Committee, World Economic Forum Since Turkey suffered an economic crisis of confidence in September – with its currency falling by some 40% that month – emerging markets around […]

Is this the way to finally beat corruption?

This article is brought to you thanks to the strategic cooperation of The European Sting with the World Economic Forum. Author: Isabel Cane, Project Lead, Partnering Against Corruption Initiative (PACI), World Economic Forum Corruption is a dirty word. The very definition of it is contested, its existence constantly denied and when you get close to shedding enough light on […]

US-China trade war at point of no return: Washington’s demands go beyond tariffs

It seems the US-China trade conflict, if not full scale trade war, is entering the phase of no return. Nothing will be as before in the economic and otherwise relations between the two largest economies of the world. Washington appears ready to push its cause to the end, while Beijing still pretends not to understand […]

Greece bailout ends but with no substantial effect on citizens’ life

It was yesterday when the Prime Minister Alexis Tsipras stated from the Greek island of Ithaca that the austerity measures are over cheering for the Greek bailout programme exit. Mario Centeno, the chairman of the ESM’s board of governors, had said last Monday that Greece is once more a nation which doesn’t need any additional […]

Measuring consumer confidence isn’t useful anymore. Here’s what we should do instead

This article is brought to you thanks to the strategic cooperation of The European Sting with the World Economic Forum. Author: Jon Alexander, Co-founder, New Citizenship Project & Amy J.C. Cuddy, Social Psychologist and Author, Harvard University The Consumer Confidence Index is a child of its time. Established in 1967 by US business association The Conference Board, it was […]

More than one billion people do not have access to electricity. What will it take to get them connected?

This article is brought to you thanks to the strategic cooperation of The European Sting with the World Economic Forum. Author: Peter LyonsCommunity Lead, Technology, Media, and Digital Industries, World Economic Forum & Frank RayalPartner, Xona Partners The United Nations’ Sustainable Development Goal 7 centres around achieving access to affordable, reliable and sustainable modern energy for all by 2030. […]

How this one change can help people fight poverty

This article is brought to you thanks to the strategic cooperation of The European Sting with the World Economic Forum. Author: Leora Klapper, Lead Economist, Development Research Group, World Bank Nearly 800 million people globally live in extreme poverty, estimates the World Bank. Africa is home to more extremely poor people than all other regions combined. Most of the […]

Shifting Tides: Policy Challenges and Opportunities for the G-20

This article was written by Ms Christine Lagarde, Managing Director of the International Monetary Fund. The opinions expressed belong to the distinguished writer. The article was first published in IMF blog. The artist Claude Monet once said, “I worked without stopping, for the tide at this moment is just as I need it.” As the Group […]

Which countries have the highest unemployment rates?

This article is brought to you thanks to the strategic cooperation of The European Sting with the World Economic Forum. Author: Johnny Wood The global financial crisis that began in 2008 shook the world’s economies, but the long-term impact hit some countries harder than others. First, though, the good news: the Organization for Economic Cooperation and Development’s (OECD) […]

CETA at risk again: Italy says it won’t ratify EU-Canada trade deal over product protection fears

Parmesan cheese on shelves in Italy (Copyright: European Union, 2014 / Source: EC - Audiovisual Service / Photo: Daniela Giusti)

The Comprehensive Economic and Trade Agreement, simply known as CETA, may be under threat again. The shocking news came out last Friday, when Italian Deputy Prime Minister Luigi Di Maio said Italy will not ratify the European Union’s free trade agreement with Canada, which mostly took effect last year. The EU-Canada FTA, which is EU’s […]

A Sting Exclusive: “EU’s Sustainable Finance Action Plan – Laying down the foundations for a Greener Financial System”, by European Commission’s Vice-President Dombrovskis

Mr Dombrovskis’ exclusive piece is another precious response to the United Nations Under-Secretary-General Erik Solheim’s cutting-edge article on renewable energy investment and Sustainable Finance, exclusively written for The Sting. European Commissioner Vella had initially replied to the Head of UN Environment with his own insightful article on Sustainable Finance. These world-shaping articles constitute the most consequential High Level dialogue in European media […]