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 […]

Everything you need to know about Ireland’s economy (Post Brexit)

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 Image: Statista Ireland’s economy is outperforming most other Eurozone countries with almost full employment and rising real wages. So why are Irish consumers among the most pessimistic in Europe? Although it was among […]

Europe is no longer an innovation leader. Here’s how it can get ahead

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Iliyana Tsanova, Deputy managing director, European Fund for Strategic Investments & Roger Havenith, Deputy chief executive, European Investment Fund When it comes to technological innovation, Europe is now lagging behind not only the US and Japan, but also China. […]

The EU might as well go down the drain if foreign meddling corrupts May’s elections

The EU elections will take place in about two months’ time but anti-European together with foreign parties are most likely going to try to exert influence on the upcoming outcome. Anti-establishment parties are expected to change the current balance and status quo if the two mainstream parties, the conservative EPP (European People’s Party) and the […]

Draghi: ECB to flood Eurozone and the world with more zero cost money; risk of drowning in cash

Last Thursday, the European Central Bank decided to start again feeding the bankers with more zero cost trillions. This was a surprise to many, because everybody thought the €2.6 trillion the ECB has already handed to banks free of charge were enough. Seemingly, Mario Draghi thinks it is not and hurried to invite the bankers […]

EU elections: Can EU citizens’ awareness eradicate fake news more efficiently than Facebook, Twitter and Google?

Last Thursday, the European Commission published the reports of Facebook, Google and Twitter regarding the progress made in January in their voluntary pledges to tackle disinformation. Disinformation is a major challenge globally and for Europe and all stakeholders have to be actively involved in order to address citizens’ exposure to it. However, the US tech […]

A Sting Exclusive: “Cybersecurity: Why consumer products must be looked at urgently”, by BEUC’s Deputy Director General

This article was exclusively written and published for The European Sting by Ms. Ursula Pachl, Deputy Director General of BEUC, the European Consumer Organisation. The opinions expressed in this article belong to our distinguished writer.   According to estimates there will be 75 billion connected devices globally in 2025. More and more traditional consumer products that can connect […]

A Sting Exclusive: “The EU Cybersecurity Act for a more secure and cyber-resilient European Digital Single Market”, by EU Commissioner Gabriel

This article was exclusively written and published for The European Sting by Ms. Mariya Gabriel, the European Commissioner in charge of Digital Economy and Society. The opinions expressed in this article belong to our distinguished writer. The European Cybersecurity Act will help us step up our cybersecurity in the EU. The Cybersecurity Act is one of the key initiatives […]

The Sino-American trade conflict may be resolved soon

This newspaper for many months has been closely following the US-China trade conflict (if not at times a full trade war). The current negotiations in Washington D.C. are stuck at the same point as last summer. On August 27 our leading article said: “… Washington’s demands go beyond tariffs”. On October 18 we observed, “The […]

Fed and ECB prepare a new party for the financial sharks

At the time of trillion dollar companies and global borrowing much above the 2008 crisis levels, and after nine years of continued swelling of values in all and every western capital markets, bankers decided there cannot be turning back to normality, interest rates and debt wise. They say the thing must not be stopped from […]

Trade is not a weapon. Let’s not use it as one

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Børge Brende, President, Member of the Managing Board, World Economic Forum At the Munich Security Conference last week, I moderated a panel discussion with an intriguing headline: can we make [economic] competitors like the US, Europe and China trade […]

A backbencher Tory MP threatens both EU and UK with a no-deal Brexit

Last Thursday’s latest vote in the British Parliament, the Commons, revealed the real forces operating in relation to the country’s Gordian Knot, Brexit. Conservative Prime Minister Theresa May’s newest proposal for a kind of a soft Brexit deal, under the name of ‘Plan B’ was rejected last Thursday in Parliament by 303 to 258 votes. […]

Siemens-Alstom merger: Can Germany and France lobby to circumvent EC’s rejection, against EU consumers’ interests?

The European Commission (EC), after months of investigation and discussions, came to the independent conclusion to refuse the merger of the rail companies Siemens and Alstom despite the improvements provided by the two firms together with the continuous pressure by the French and German governments. Nevertheless, France and Germany still believe that the EU has wrongly […]

How trade wars pose a threat to the global economy

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Pamela Coke-Hamilton, Director, Division on International Trade and Commodities, United Nations Conference on Trade and Development (UNCTAD) In a year defined by retaliation and counter-retaliation, resulting in a trade impasse between the United States and China, more than half […]

Brexit: UK to suffer from EU’s uncompromising stance

Last Tuesday, 29 January, 317 British MPs voted for (301 against) the Tory Sir Graham Brady’s amendment, to replace the ‘Northern Ireland Backstop’ with elusive “alternative arrangements“. This NI Backstop is an integral part of the Brexit Agreement, PM Theresa May concluded with the other 27 EU leaders last December. It guarantees that, after the […]

Here’s how data can shine a light on financial crime

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: David Craig, CEO, Refinitiv Financial crime is multi-faceted, multinational and very often invisible, making it hard to identify, measure and combat. Its impact is felt in many ways. For those forced into slave labour by criminals infiltrating supply chains, […]

After globalization what? Europe’s long, straining shake-up post Davos wreckage

It’s an established fact by now that the Eurozone economy is slowing down. The International Monetary Fund cuts down the relevant growth estimate for this year to 1.6% and 1.7% for 2020. This is far below the robust 2.4% of 2017. The German economy, the largest and the more competitive country of the club, is […]

What next for Europe? Three (completely) different Davos views

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Briony Harris, Formative Content Three political leaders have taken centre stage at the Congress Hall on the third day of the World Economic Forum’s Annual Meeting in Davos. Each of them outlined their vision for the future of the […]

Does the sharing economy truly know how to share?

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: David Morales Olalla, MSc by Research in International Political Economy & Enrique Crespo, MSc in Public Policy and Administration, London School of Economics As we embark on the Fourth Industrial Revolution, experts from multiple areas of work agree the […]