These countries are leading the way in green finance

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Katharine Rooney, Senior Writer, Formative Content What if more money went into financing projects and policies that help the planet? Creating a greener economy requires significant investment, whether that is funding a new network of electric buses, the creation […]

How one change to shipping goods could change the way we live

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Stefan Seltz-Axmacher, Founder and Chief Executive Officer, Starsky Robotics Between 191 BC and 1915, it became 10,000 times more efficient to move a ton of grain from Egypt to Rome. But the last 20 miles, from the seaport to […]

The new crisis is already creeping into the financial system

Unquestionably, everything is wrong in the international financial system, even though the major central banks have actually donated trillions to the banking ‘community’. The US central bank, the Fed, has lent almost free of charge $4.5 trillion to the American banking hub. On this side of the Atlantic Ocean, the European Central Bank has done […]

Transparency and tech together can safeguard taxpayers’ money

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Silvina Moschini, Co-founder, TransparentBusiness, Inc. Fraud, waste and abuse of taxpayers’ money in government procurement is unfortunately far too common across the globe. In the US alone, the government spent $4.11 trillion in 2018, with $400 billion of that […]

Why a global recession isn’t inevitable

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Beñat Bilbao-Osorio, Senior Economist, European Commission’s Directorate-General for Research and Innovation The end of this week will showcase two important events for global economic governance. First, central bankers, leading academics and representatives of international organizations from around the world […]

These are the countries with the highest inflation

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 The rate of inflation has a big impact on your financial situation, affecting mortgage payments, savings and the cost of your weekly shopping. How the price of goods and services we regularly spend […]

Can we create an empathic alternative to the capitalist system?

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Murilo Johas Menezes, Expert in the future of long-term investing and social innovation, World Economic Forum Any attempt to propose a detailed alternative to the capitalist economic system in a short article could be seen as somewhat presumptuous. […]

How is the global economy fairing 11 years after the financial crisis?

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Gita Gopinath, Chief Economist, International Monetary Fund (IMF) Following the global financial crisis, overall current account surpluses and deficits fell sharply from about 6 percent of global GDP in 2007 to about 3.5 percent in 2013. Since then, as […]

5 things weighing on the world economy, according to the IMF

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 “Sluggish and precarious. But it doesn’t have to be this way because some of this is self-inflicted.” That’s how the International Monetary Fund’s (IMF) Chief Economist Gita Gopinath recently summed up the state […]

These 5 industries can drive digital financial inclusion

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Dan Salazar, Director, Mastercard & Carlos Monteverde, Product Manager, Mastercard What good is a hammer without a nail – or, for that matter, without a piece of wood? A hammer can be a powerful tool, but alone, it’s just […]

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 […]