Can cybersecurity offer value for money?

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Paul Stokes, Co-founder, Managed Security Forum, Prevalent AI Cybersecurity looks like a waste of money. Companies set new global records with $37 billion invested in security in 2018, with spending expected to surpass $42 billion by 2020. Gartner research found […]

Get out, stay out: how financial resilience helps end poverty

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Leora Klapper, Lead Economist, Development Research Group, World Bank Hundreds of millions of people around the world live in extreme poverty. Global development work mostly focuses on helping those poor people become prosperous. Policy-makers generally support financial inclusion because it […]

EU-Turkey relations: EU considers imposing sanctions while Turkey keeps violating Cyprus’ sovereignty

Turkey continues violating the sovereignty rights of Cyprus by conducting a new illegal drilling operation on the northeast of the island. The EU had already urged Turkey last month to stop its gas drilling in waters around Cyprus. Thus the EU bloc will now have to intervene to resolve such disputes. However, Turkey kept on […]

Trump after marginalizing G20 attacks Europe and China where it hurts, brandishes currency war

Last week’s G20 meeting in Osaka confirmed that the forum’s commonly shared concern about our future on the planet is definitively a thing of the past. Last week, the cacophony at the table of the 20 heads of the largest countries of the world – which first appeared last December in Buenos Aires – became […]

Who is first (and last) in the race to build a workforce fit for the future?

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Emily Glassberg Sands, Senior Director of Data Science, Coursera & Vinod Bakthavachalam, Senior Data Scientist, Coursera The Fourth Industrial Revolution is transforming the world of work. Technology is advancing faster than humans, disrupting both jobs and the skills needed […]

The end of Spitzenkandidat: EU leaders concluded unexpectedly on EU top jobs

The EU leaders finally came to a conclusion after three long days of tough negotiations where German Chancellor’s suggestion to appoint Frans Timmermans as next European Commission president has been turned down by Italy and eastern countries. The solution was given with the nomination of a woman and particularly German Defence Minister Ursula von der […]

Trump blocks US warmongers from bombing Iran

Last week the American military-industrial complex (MIC) was ‘cocked & loaded’ to attack key targets in Iran, after Tehran downed a US military unmanned spy drone. Of course, the two sides clash over the exact position of the drone’s hit. However, the Iranians should have avoided hitting an American war machine outside of their air […]

Boris Johnson’s no-deal Brexit to differ when issued from 10 Downing St.

The British Conservative Party is now busy electing a new President and by the same token the new Prime Minister of UK. This is an exemplary democratic exercise but under the current conditions it also turns to be a tricky procedure. For one thing, the outcome of the long selection process becomes every day more […]

Europe faces economic turmoil as Italy gets closer to the Excessive Debt Procedure

Italy is in serious trouble as the EU deputy finance ministers seem to support the European Commission’s opinion on the actions required to reduce the country’s public debt. The huge growing debt together with the centre-right and euroskeptic alliance government is causing turbulences as regards its relations with Brussels. However, the Italian coalition leaders have […]

Draghi’s negative interest rates help Eurozone’s cohesion

Super Mario did it again. Only months before leaving the helm of the European Central Bank he made sure his accommodative monetary policy will hold well, even after he leaves Frankfurt am Main. Last Thursday, he pushed interest rates below the zero level for at least another year. Even if his successor will be a […]

Trump in London poisons UK and Europe

The unbelievable American President, while on a full state visit to Britain, didn’t hesitate to target the British crown jewel which is the country’s health system, the National Health Service. Trump plainly said he wants Britain out of the European Union, in order to open the NHS budget for the American health contractors to scavenge. […]

Will the EU be condemned by the International Criminal Court for violating migrants’ human rights?

It was two days ago when a group of lawyers sued the EU for the deaths of Libyan migrants who attempted to cross the Mediterranean. The case is being investigated by the International Criminal Court (ICC) which will have to rule whether or not EU nations violated human rights and are responsible for thousands of […]

3 charts that show the economics of European football

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Douglas Broom, Senior Writer, Formative Content It reads like an end-of-match report – Real Madrid topple Manchester United to become the king of Europe. But this time it’s financial success, rather than athletic ability, that has put the […]

Brexit: With May gone the Tory divide is to sink the UK despite Brits wanting to ‘Remain’

When the British Tory Prime Minister Theresa May broke the talks with Labor leader Jeremy Corbyn about Brexit, every analyst wondered what else the Brits could ever think to make things worse. And the Conservative party turned up with a devastating answer to this question; they forced PM May to resign. In this way, the […]

This is what a Green New Deal for Europe could look like

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Kate Whiting, Senior Writer, Formative Content Overhearing teenagers passionately discuss the climate crisis, while working for the British government, was a game-changer for one of the key architects of the Green New Deal for Europe. Pawel Wargan quit […]

The result of European Elections 2019 seals the end of the business as usual era in Brussels

On the morrow of the European election 2019, the ballots showed to Brussels that it will not anymore continue to do tax free business as usual for long. 10 years after the global economic crisis, this election’s result shows that the excuse that austerity brought disappoitnment which subsequently lead towards the rise of far right […]

How fintech is making investment accessible

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Herman Widjaja, Vice-President, Engineering, Tokopedia & Ramil Bansal, Investment Product Head, Tokopedia Mutual funds are considered one of the safest investment options available. They work by allowing an individual to pool their money with other investors, creating a fund […]

European elections: A chance to repel both nationalism and no-deal Brexit

The results of the coming European Parliament elections of 23-26 May will have an unusually strong and long term impact on the wider political developments of the entire Old continent. There are two good reasons for that. The Europeans, including the Brits, will vote to definitely or not repel nationalism and a devastating no-deal Brexit. […]

Explained, the economic ties between Europe and Asia

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Ana Neves, Policy Analyst, Joint Research Centre, European Commission & William Becker, Researcher, Joint Research Centre, European Commission & Marcos Dominguez-Torreiro, Researcher, Joint Research Centre, European Commission Asia and Europe are now leading trade partners, with $1.5 trillion of […]

Trump wants to implicate China in US attacks against global order

Global trade prospects and order is in the hands of a New York bankrupt realtor who is addicted to risk. He doesn’t care if his moves in the trade negotiations harm his own country, as long as the spectators applaud. On Thursday 9 May the American President Donald Trump didn’t hesitate to hike import tariffs […]

EU elections 2019: Rise of nationalist trends and populism in Europe challenges the EU edifice

The European elections are going to be held in just two weeks’ time and far-right propaganda is gaining momentum creating concerns to everyone regarding the future of the EU, which is at stake. Populism and nationalism have dramatically risen in the EU during the last years menacing democratic institutions within a number of European member […]

UK voters sent strong message to May and Corbyn for soft Brexit

Most political analysts agree that the results of last Thursday’s local elections in Britain were a strong slap by voters primarily to the governing Tory PM Theresa May and, secondly, to the major opposition Labor Party leader Jeremy Corbyn. There is also widespread acceptance that the impressive electoral gains of the Liberal Democrats come mainly […]

Why economic growth depends on closing the interview gap

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Mohit Bhende, Co-founder, Karat & Jeffrey Spector, Co-founder, Karat In 2011, Marc Andreessen proclaimed that software is eating the world. The idea that most companies would become software-driven was a prediction. Today, it is an imperative. Lowes and Siemens are just two […]

The world condemned by neo-liberals to feed trillions to banks: the New Deal exorcised

One after the other, all the major central banks of the world follow the regrettable example of the Fed and the ECB in reversing their efforts to contain the greed of the financial mammoths. The American central bank, the Fed, and the European Central Bank will continue feeding the giant financial conglomerates with $4.5 trillion […]

An economist explains what happens if there’s another financial crisis

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Kenneth Rogoff, Thomas D. Cabot Professor of Public Policy and Professor of Economics, Harvard University & Ross Chainey, Digital Media Specialist, World Economic Forum The financial crisis of 2008 may have started in the US banking sector but it […]

The middle-class dream is moving beyond millennial reach

  This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Emma Charlton, Senior Writer, Formative Content Do you feel like your cost of living is rising? If so, you’re not alone. Years of low income growth and increasing prices have made the “squeezed middle” a reality for […]

Don’t underestimate the power of the fintech revolution

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Linda Yueh, Oxford and London Business School economist “Who the hell wants to copy a document on plain paper???!!!” Rejection letter sent to Chester Carlson, inventor of the XEROX machine in 1940. “This ‘telephone’ has too many shortcomings to […]

US and China in painstaking efforts to conclude trade talks

China and the United States are working hard to achieve a trade deal, badly needed for both the two largest economies of the globe as well as for the rest of the world. During the past months of negotiations between the two giants, progress or confrontation in the dealings have been strongly – positively or […]

Brexit update: Will Theresa May’s last-minute desperate efforts procrastinate Brexit?

After a long seven-hour meeting with her cabinet, Theresa May decided to meet Jeremy Corbyn in order to agree on a common plan for the future UK-EU relations, but practically ask for an extention of Article 50. The recent inability of the members of the Parliament (MPs) to get a majority on twelve indicative votes […]

UK: Customs Union with EU or a longer delay of Brexit

Last week, the UK Parliament, the Commons, before rejecting PM Theresa May’s deal with large majority for a third time, had also voted down all eight alternative  exit options, ranging from a wild divorce to no exit at all. So far, the legislative has agreed only on delaying the exit. Now, the Prime Minister says […]

The financial world upside-down: debt failure closer

A round $10 trillion worth of bonds are currently being traded in world markets on negative interest rates. At the same time, the European Central Bank prepares to flood the Eurozone and the banking world with hundreds of billions of zero interest rate euros, in an abrupt change of monetary policy course from restrictive to […]

Logo Mania: A call to action to our crisis of connection

This article was exclusively written for The European Sting by one of our readers, Dr. Paul L. Hokemeyer, an internationally renowned clinical and consulting psychotherapist. The opinions expressed within reflect only the writers’ views and not The European Sting’s position on the issue.  At this year’s Fashion Week in Paris, the runways and sidewalks were littered not with luxurious materials, […]

The UK remains in the EU until a new Brexit date is set

Last Thursday, the EU’s 27 leaders unanimously agreed to delay the departure of Britain from the club by at least a fortnight. The exit date had been fixed on 29 March 2017 for exactly two years on. However, the postponement of the divorce sets a tough task for Jeremy Corbyn, the head of the major […]