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 […]

EU-US trade war? EU calls for logic while Trump’s administration is a loose cannon in a dangerous lose-lose situation for global prosperity

The European Parliament (EP) voted yesterday for the kick-off of the negotiations with the US government in an attempt to eliminate the industrial goods tariffs and harmonise conformity assessment. These mandates need to be supported by the EU member states in order to bridge the current trade differences between the European Union and the United […]

Everything you need to know about the US government shutdown

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Alex Thornton, Senior Writer , Formative Content The US is potentially facing another federal government shutdown. President Donald Trump wants $5.7 billion to fund a border wall with Mexico. The Democrats who took control of the House of Representatives […]

China is winning the electric vehicle race

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Alex Thornton, Senior Writer , Formative Content Demand for electric vehicles in China is soaring. Nearly 1.3 million new energy vehicles (plug-in electric vehicles and plug-in hybrids) were sold there last year – a 62% rise on 2017. To […]

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 […]

Why South Africa is on a path of economic renewal

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Cyril Ramaphosa, President, South Africa This year, South Africa will celebrate 25 years of democracy, hold its sixth democratic national election and accelerate the process of economic revival and growth. Over the last quarter century, the country has made […]

Can free trade deliver cheaper renewable energy? Ask Mexico

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Juan Manuel Ávila, Director, Top Energy México Clean energy as a concept began as a merely experimental way to produce energy. The prices of this new technology were sky-high, and although more and more countries developed public policies geared […]

We can feed the world in a sustainable way, but we need to act now

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Lyu Jun, Chairman, COFCO To feed almost 10 billion people by 2050, while at the same time preserving the natural resources that sustain food production, is possibly the greatest challenge that human civilization has ever faced. When we add […]

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 […]

A multipolar world brings back the national champions

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Nannette Hechler Fayd’herbe, Global Head of Investment Strategy & Research, Credit Suisse In 2018, we moved closer to the multipolar world that looks set to replace the bipolar US-Russian geopolitical regime that emerged from the Cold War. China’s ascent […]

Shaping the future of democracy in Armenia

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Nikol Pashinyan, Prime Minister of the Republic of Armenia, Office of the Prime Minister of the Republic of Armenia The changes that took place in Armenia last year are indeed historic in nature and magnitude. The Velvet Revolution led […]

How Asia could be the winner in the US and China’s Belt and Road race

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Ai Ai Wong, Chair of the Asia Pacific region, Baker McKenzie Infrastructure development has become one of the great battlegrounds of our time. The world’s three largest economies – the US, China and Japan – are actively manoeuvring for […]

Protectionism doesn’t stand a chance in the age of connectivity

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Hikmet Ersek, President and Chief Executive Officer, Western Union One of the questions I’m asked most frequently as the CEO of a global company – one that operates across more than 200 countries and territories – is: “Am I […]

How Africa’s entrepreneurs are changing the direction of globalization

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Rapelang Rabana, Founder & CEO, Rekindle Learning Africa has not been spared from the impact of globalization as the world’s economies and societies have become more and more integrated. There has however, been more movement of ideas, technology and […]

How leaders can use ‘agile governance’ to drive tech and win trust

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Susannah Rodgers, Paralympian and Director, Spirit of 2012 Technologies are disrupting markets all over the world. The way people use transportation, leisure and entertainment have changed with Uber, Airbnb and Netflix, and more is to come with the wider […]

When did globalization begin? The answer might surprise you

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Vanshica Kant, Young Professional, United Nations Resident Coordinator Office (UNRC) “Globalization” is the 21st century’s favourite buzzword. It is part of our current zeitgeist: we are witnessing an unparalleled compression of time and space, as goods, services, people and […]

Why the world is not as globalized as you think

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Frank Appel, Chief Executive Officer, Deutsche Post DHL Recent years have called into question the idea of an interconnected, open world in which goods, capital, people and ideas can move across borders, seeking more choice and opportunities, and faster […]

Distributed ownership: what it means and how it could transform India

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Neelam Chhiber, Managing Director, Industree/Mother Earth With the Fourth Industrial Revolution underway, India must leverage this period of robust economic development for inclusive growth. But lack of skills development and job creation present major obstacles, as highlighted by the […]

The impact of mobile and rapid digital adoption on how India consumes

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Amit Adarkar, Managing Director and Country Head, Ipsos India India is well-known as the world’s largest democracy, one of the world’s fastest-growing economies, and a young nation set to reap demographic dividends over the next few decades. What is […]

How India’s globalized cities will change its future

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Glenn Maguire, Principal Asia Pacific Economist, Visa Business and Economic Insights Consumer spending in India is on the cusp of remarkable transformational change over the next decade. The emerging middle class in Indian cities is at the forefront of […]

How India will consume in 2030: 10 mega trends

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Nikhil Prasad Ojha, Partner and Head of Strategy Practice, Bain & Company, India & Zara Ingilizian, Head of Future of Consumption, Member of the Executive Committee, World Economic Forum Over the next decade, consumption in fast-growth consumer markets such […]

The three biggest challenges for India’s future

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum.   Author: Mayuri Ghosh, Project Lead, System Initiative on Shaping the Future of Consumption, World Economic Forum India is at a tipping point, both in terms of economic growth and in the human development of its more than one billion […]

Trade war or not New York bankers will have it their way

The US and China agreed to hold talks on 7-8 January in Beijing to settle their trade differences, which have already eaten into both economies and disturb the global financial universe. If they fail to agree this week, the impact will be worse. It seems things are so bad, that the US Federal Reserve Chairman […]

Forward Agenda: What can we expect from 2019?

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Michael Hanley What are the biggest events looming on the global agenda? Building on our Agenda Weekly email update, each month I look ahead at the stories and trends that will have the most impact. This month: how […]

The European Sting’s 2018 in most critical review

“This is the EU & the world in 2018 as we stung it and you read the most”, The Sting’s Team addresses its fondest 2019 wishes to our most powerful reader, You. January Trump reshapes the Middle East at the expense of Europe Will the end of QE come along with ECB’s inflation target? Hungary and Ireland […]

2019: An unpredictable, confrontational and financially ominous year

The global outlook for 2019 was already looking unpredictable and dangerously confrontational, but the firing of US Defense Secretary, the moderate retired general Jim Mattis makes it exponentially more so. During the past few months ‘America first’ President Donald Trump has dismissed all the top three reasonable American policy makers. First it was the State Department […]

India’s economy is an ‘elephant that is starting to run’, according to the IMF

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Emma Charlton, Writer How do you supercharge one of the fastest-growing economies in the world? India – heralded by the International Monetary Fund as an “elephant starting to run” – now makes up 15% of global growth, fueled by […]

How China raised the stakes for electric vehicles

This article is brought to you thanks to the strategic cooperation of The European Sting with the World Economic Forum. Author: Andrew Steer, President and Chief Executive Officer, World Resources Institute It’s not every day – or even every decade – that climate-friendly government policy in one country has ripple effects for companies spanning the globe. That’s what happened […]

Ukraine’s Poroshenko implicates NATO in his duel with Putin

Ukraine, once the breadbasket of central Europe and now the miserable wartorn offspring of the breakup of the ex USSR, keeps confirming her reputation for being a deeply divided country and society. The current governing oligarchy under President Petro Poroshenko supported by the West, having succeeded under obscure conditions the Moscow controlled administration of Viktor […]

Trump denies climate change existence while Paris Agreement is not fully supported by G20 ahead of COP24

The 24th United Nations Climate Change Conference (COP24) is going to kick off next week in Katowice, Poland but the US stance together with the latest draft communique from G20 is not promising and may weaken the fate of the Paris Agreement. Donald Trump seems to be questioning his own scientists who published a report […]

What the buoyant US economy means for the rest of the world

This article is brought to you thanks to the strategic cooperation of The European Sting with the World Economic Forum. Author: Marco Magnani, Senior Research Fellow, Harvard Kennedy School of Government & Olivier Clavet, The Institute for Advanced International Studies at Laval University The US economy is thriving. Its GDP growth rate is above 3% – the first three […]

6 ways China and the United States could jumpstart trade reforms

This article is brought to you thanks to the strategic cooperation of The European Sting with the World Economic Forum. Author: Ricardo Meléndez-Ortiz, Co‐founding Chief Executive, International Centre for Trade and Sustainable Development & Shuaihua Cheng, Managing Director, ICTSD China, International Centre for Trade and Sustainable Development (ICTSD) Whether they’re new best friends or estranged fellows, President Donald Trump […]

The German automotive industry under the Trump spell

Last week, the White House invited, or better summoned, the leaders of the German automotive industry to Washington D.C., in order to confer on the ‘problem’ of the missive imports of German cars in the US. The American President Donald Trump, in his belligerent line aggressively reshaping the American foreign trade policy with China and […]