This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Yasmeen Al-Sharaf, Director of Fintech and Innovation, Central Bank of Bahrain The swiftly expanding open banking sector offers benefits to both the fintech industry and customers.By supporting entrepreneurs, it can help governments diversify their economies.Bahrain is leading Middle […]How open banking is levelling the financial playing field in the Middle East
November 23, 2023 by Leave a Comment
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Yasmeen Al-Sharaf, Director of Fintech and Innovation, Central Bank of Bahrain The swiftly expanding open banking sector offers benefits to both the fintech industry and customers.By supporting entrepreneurs, it can help governments diversify their economies.Bahrain is leading Middle […]Here’s why Africa is the world leader in digital and mobile banking
November 22, 2023 by Leave a Comment
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Andrea Willige, Senior Writer, Forum Agenda Africa has often been held up as a pioneer for the future of banking. Many areas have leapfrogged straight to mobile banking to give greater access to the unbanked, meaning that over […]5 strategies for boosting innovation in trade
November 21, 2023 by 1 Comment
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Mariam Soumaré, Community Engagement Specialist, Global Alliance for Trade Facilitation, World Economic Forum, Ines Knäpper, Innovation and Hackathon Lead at Global Alliance for Trade Facilitation, World Economic Forum International trade has undergone significant transformations over the past few […]Global economic growth to slow in 2024, and other economics news to read this week
November 20, 2023 by 1 Comment
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Rebecca Geldard, Senior Writer, Forum Agenda 1. Global economic growth will slow in 2024, say banks Global economic growth will slow even more in 2024 due to high interest rates, increased energy prices and a slowdown in the […]Speaking Gen Z: How banks can attract young customers
November 20, 2023 by Leave a Comment
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Bob Wigley, Chair, UK Finance, Rupal Kantaria, Forum Member, Oliver Wyman Gen Z attitudes toward money and finances are sometimes aligned with and sometimes starkly different from those of older generations.Research suggests that Gen Z trusts traditional banks […]China’s growth forecasts upgraded, Eurozone recession fears and other economy news to read this week
November 13, 2023 by Leave a Comment
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Kate Whiting, Senior Writer, Forum Agenda This weekly round-up brings you the latest stories from the world of economics and finance. Top economy stories: China’s GDP growth forecasts upgraded; Eurozone recession fears grow; UK narrowly avoids start of […]How these emerging economies are shifting towards a low-carbon future
November 8, 2023 by Leave a Comment
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Michelle Brosnahan, Senior editor, custom content, MIT Technology Review The Green Future Index 2023, published by the MIT Technology Review, ranks 76 nations and territories on their ability to develop a sustainable, low-carbon future.The results are based on […]Big central banks pause interest rate rises, and other economics news to read this week
November 6, 2023 by Leave a Comment
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Ian Shine, Senior Writer, Forum Agenda 1. Big central banks pause interest rate rises The world’s three major central banks have kept their interest rates unchanged this week. The US Federal Reserve, European Central Bank (ECB) and Bank […]5 ways to join the circular economy and make your home more sustainable
November 1, 2023 by Leave a Comment
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Ewan Thomson, Senior Writer, Forum Agenda You might not feel part of the circular economy by lending your neighbour your hedge trimmer, but any action that leads to limited resources being used more efficiently – and more intelligently […]How trade can contribute to a sustainable future
October 31, 2023 by Leave a Comment
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Jan Yves Remy, Director, Shridath Ramphal Centre (SRC), Shridath Ramphal Centre for International Trade Law, Policy and Services The World Trade Organization’s legitimacy is being threatened by geopolitical tensions and a perceived failure of it contributing to sustainable […]Biggest US budget gap since COVID-19, and other economics news to read this week
October 30, 2023 by Leave a Comment
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Joe Myers, Writer, Forum Agenda This weekly round-up brings you the latest stories from the world of economics and finance. Top economy stories: US budget deficit; ECB leaves rates unchanged; Business activity in decline across the Eurozone. 1. […]Why the green, circular economy is key to beating the triple planetary crisis
October 27, 2023 by Leave a Comment
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Dr. Moeko Saito-Jensen, Environmental Policy Specialist, UNDP Cambodia Forest fires in Hawaii, floods in Greece, a drought in the Amazon, another 100 species extinct and huge patches of plastic garbage in the ocean. It seems like not a […]Global minimum corporate tax deal ‘dramatically weakened’ by loopholes, report warns
October 26, 2023 by Leave a Comment
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Spencer Feingold, Digital Editor, World Economic Forum In 2021, more than 140 countries and territories agreed to implement a 15% minimum tax rate on multinational corporations. The landmark agreement, however, has been “dramatically weakened” by major loopholes, according […]US economy largely unchanged, China’s GDP growth, and other economics stories to read this week
October 23, 2023 by Leave a Comment
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Joe Myers, Writer, Forum Agenda 1. US economy largely unchanged in recent weeks – Fed report Economic activity in the United States changed little over the last six weeks, according to a new Federal Reserve report. It reports […]What is a soft landing from an economic crisis?
October 18, 2023 by Leave a Comment
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Simon Torkington, Senior Writer, Forum Agenda Central banks are trying to engineer a soft landing from the global economic crisis.A soft landing avoids the risk of economies sliding into a damaging recession.The Forum’s Chief Economists Outlook says recessionary […]Collaboration is key to strengthening the global economic system: ‘We must come together’
October 17, 2023 by Leave a Comment
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Mirek Dušek, Managing Director, World Economic Forum Al-Bayan, a UAE daily newspaper, conducted the following Q&A with Mirek Dušek, Managing Director World Economic Forum, during the Annual Meeting of the Global Future Councils in Dubai. The follow English […]The IMF’s latest economic forecast and other economic stories to read
October 16, 2023 by Leave a Comment
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Joe Myers, Writer, Forum Agenda 1. The IMF cuts 2024 growth forecasts for the global economy The International Monetary Fund has kept its global growth forecast for 2023 unchanged at 3%, but has cut its 2024 forecast to […]The WTO has downgraded expectations of global trade in 2023 – here’s why
October 12, 2023 by Leave a Comment
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Charlotte Edmond, Senior Writer, Forum Agenda A widespread trade slump has led the World Trade Organization (WTO) to downgrade its expectations of goods trade in 2023. Inflation, high interest rates and geopolitical tensions have contributed to the slowdown.The […]International trade: What you need to know this month
October 11, 2023 by Leave a Comment
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Macarena Torres Rossel, Acting Head of GATF, World Economic Forum 1. WTO halves trade growth forecast for 2023 The World Trade Organization (WTO) has halved its growth forecast for global goods trade this year, dropping it to 0.8% […]Building a care economy: 4 leaders on why investing today will create a virtuous cycle of prosperity
October 11, 2023 by Leave a Comment
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Silja Baller, Head of Mission, Diversity, Equity, Inclusion and Social Justice, World Economic Forum, Julia Hakspiel, Action Lead. Diversity, Equity, Inclusion and Social Justice. Centre for the New Economy and Society, World Economic Forum As highlighted by this […]What are central bank digital currencies and what could they mean for the average person?
October 9, 2023 by 1 Comment
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Sandra Waliczek, Blockchain and Digital Assets, World Economic Forum Money has taken many forms over the centuries. In fact, it’s not even always been money at all. It gradually evolved from bartered commodities to pieces of metal, before […]Why the circular economy is a business imperative
October 3, 2023 by 1 Comment
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Henrik Hvid Jensen, Chief Technology Strategist NEE, DXC Technology The circular economy is a paradigm shift in how we do business, focusing on minimizing waste and maximizing resource efficiency.Born-circular companies are leading the way, while born-linear companies must […]US business activity stalls, German GDP expected to shrink, and other economics news to read this week
October 2, 2023 by Leave a Comment
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Jerome E. Bickenbach, Faculty of Health Sciences and Medicine, University of Lucerne, Swiss Paraplegic Research (SPF), Sara Rubinelli, Affiliation Faculty of Health Sciences and Medicine, University of Lucerne, Swiss Paraplegic Research (SPF), Gerold Stucki, Faculty of Health Sciences […]‘Fossil fuel age’ has failed says UN Secretary-General, and other nature and climate stories you need to read this week
September 27, 2023 by Leave a Comment
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Johnny Wood, Writer, Forum Agenda On 18-22 September, the World Economic Forum convened business leaders, policy-makers, civil society organizations, innovators and social entrepreneurs for the Sustainable Development Impact Meetings. These carefully curated impact-driven leaders’ dialogues focus on ways […]Bank of England halts interest rate rises and other economics stories to read this week
September 25, 2023 by Leave a Comment
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Joe Myers, Writer, Forum Agenda 1. Bank of England halts interest rate rises The Bank of England has brought an end to its run of interest rate rises, holding rates steady for the first time since December 2021. […]Partnerships can help scale and accelerate circularity. Here’s how
September 20, 2023 by Leave a Comment
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Kyriakos Triantafyllidis, Head of Growth and Strategy, Centre for Advanced Manufacturing and Supply Chains, World Economic Forum, Tessa Bysong, Partner, Bain & Company, Josh Hinkel, Senior Partner, Bain & Company Circular transformation brings a wide range of economic […]International trade: What you need to know this month
September 18, 2023 by Leave a Comment
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Edgard Carneiro Vieira, Lead, Community and Business Engagement, World Economic Forum 1. BRICS and G20 add new members The BRICS bloc of emerging market economies has agreed to add six new members in what will be the biggest […]Europe and China face lower economic growth, and other economics stories to read this week
September 18, 2023 by Leave a Comment
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Ian Shine, Senior Writer, Forum Agenda This weekly round-up brings you the latest stories from the world of economics and finance. Top economy stories: Europe faces lower economic growth; Global debt falls for second year but trend may […]Why trillions more are needed to bridge the SDG financing gap
September 18, 2023 by Leave a Comment
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: James X. Zhan, Senior Director, Investment and Enterprise, United Nations Conference on Trade and Development (UNCTAD), Bruno Casella, Senior Economist, United Nations Conference on Trade and Development (UNCTAD), Reuben Wambui, Research Consultant, United Nations Conference on Trade and […]Where is the global economy heading in 2024? This is what chief economists think
September 15, 2023 by Leave a Comment
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Aengus Collins, Head, Economic Growth, Revival and Transformation, World Economic Forum, Kateryna Karunska, Insight Specialist, Economic Growth, Revival and Transformation, World Economic Forum The global economy is likely to weaken in the coming year, according to 61% of […]Economic uncertainty is taking a toll on the sustainable development goals. Chief economists explain
September 15, 2023 by Leave a Comment
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Spencer Feingold, Digital Editor, World Economic Forum Progress towards achieving the Sustainable Development Goals by 2030 has been slowed by global crises. The World Economic Forum’s Chief Economists Outlook report highlights the challenges ahead for global development. We […]Gender equality progress under threat at mid-point of sustainable development goals
September 14, 2023 by Leave a Comment
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Delphine O, French Ambassador and Secretary-General, Generation Equality Forum, Alison Holder, Executive Director, Equal Measures 2030 Almost three-quarters of the SDGs are directly or significantly reliant on gender equality, yet action on the SDGs fails to sufficiently embed […]Realizing a resource-autonomous circular economy through material innovation
September 13, 2023 by Leave a Comment
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Nobuyoshi Yamasaki, Founder and Chief Executive Officer, TBM In March 2023, the Japanese government announced its Resource-Autonomous Circular Economy growth strategy to efficiently use natural resources and maximize recycling.Developing a new circular economic model focusing on resource autonomy […]
