Shifting Tides: Policy Challenges and Opportunities for the G-20

This article was written by Ms Christine Lagarde, Managing Director of the International Monetary Fund. The opinions expressed belong to the distinguished writer. The article was first published in IMF blog. The artist Claude Monet once said, “I worked without stopping, for the tide at this moment is just as I need it.” As the Group […]

Trump fines China with $50 billion a year plus some more…

The New Yorker President of ‘America first’, Donald Trump, has figured out the cash China has to pay the US every year, in order to continue exporting her products to the largest market of the globe. It’s something like the ‘protection’ cash New York shopkeepers have to pay the gangs in order to get on […]

Skeptic France about Trump-Juncker trade deal favoring German cars; EU’s unity in peril

The Trump-Juncker trade truce and pledge for ‘zero tariffs’ seems to have left everybody happy, especially Berlin, but the French said don’t uncork ‘les champagnes’, at least not yet. In detail, last Wednesday, the American President Donald Trump and the European Commission President Jean-Claude Juncker met in the White House and struck an agreement about […]

India’s future as a world power depends on 4 key relationships

This article is brought to you thanks to the strategic cooperation of The European Sting with the World Economic Forum. Author: Samir Saran, President, Observer Research Foundation (ORF) In the 2040s, India is expected to surpass the United States (in PPP terms) and become the world’s second largest economy, behind China. Alongside this Indian emergence, the international order is […]

EU and Japan ratify first FTA ever to include Paris Climate Agreement provision

Shinzō Abe, on the right, and Jean-Claude Juncker at EU-Japan Summit in Tokyo last week. (Copyright: European Union, 2018 / Photo: Etienne Ansotte)

In the week that US President Donald Trump called the European Union a “foe”, and reaffirmed his will to hit China with more duties on imports, Brussels signed a wide-ranging free trade deal with Japan. At the 25th EU-Japan summit in Tokyo last week, the leaders of the two areas indeed finally sealed two landmark […]

The EU sides with China against the US; but has Germany capitulated to America?

If billions of EU penalties on American icon companies and U.S. super tariffs on European cars are strong and aggressive trade weapons, then yes the EU and the U.S. are at all out economic war. As in all wars, the difficult or even impossible thing is to predict its end. Unavoidably, there will be victims […]

EU and China to do more in common if the global scene gets worse

At a time of global trade, and not only, disorder, caused mainly by the US President of ‘America first’ Donald Trump, on 16 July in Beijing Europe and China held their 20th Summit. Both are targets of American trade aggression, but it seems the European Union is not yet ready to decisively join forces with […]

China is among the 20 most innovative economies for the first time

This article is brought to you thanks to the strategic cooperation of The European Sting with the World Economic Forum. Author: Alex Gray, Formative Content In the last few decades, China has made huge progress in science and technology. This new age of innovation has seen the birth of ‘unicorn’ tech companies like media giant Tencent, the ‘Uber of […]

Large parts of the world are growing more fragile. Here are 5 steps to reverse course

This article is brought to you thanks to the strategic cooperation of The European Sting with the World Economic Forum. Author: Robert Muggah, Co-founder, Igarape Institute and SecDev Group There are ominous signs of growing turbulence around the world. The number of civil wars has doubled since 2001 – ​jumping ​from 30 to 70. The number of people killed […]

20th EU-China Summit in Beijing, 16/07/2018

  This story is brought to you in association with the European Union Council  The EU and China agreed to further develop the EU-China strategic partnership at the 20th EU-China summit. Leaders expressed their joint support for rules-based trade and reaffirmed their joint engagement to reform the World Trade Organisation: “It is a common duty of […]

CETA at risk again: Italy says it won’t ratify EU-Canada trade deal over product protection fears

Parmesan cheese on shelves in Italy (Copyright: European Union, 2014 / Source: EC - Audiovisual Service / Photo: Daniela Giusti)

The Comprehensive Economic and Trade Agreement, simply known as CETA, may be under threat again. The shocking news came out last Friday, when Italian Deputy Prime Minister Luigi Di Maio said Italy will not ratify the European Union’s free trade agreement with Canada, which mostly took effect last year. The EU-Canada FTA, which is EU’s […]

Does May have enough time in Parliament to table a soft Brexit deal?

The American President, last Wednesday and Thursday, after having infuriated his European allies at the NATO Summit, flew to London. Just after landing there he told the Brits that the US will not offer Britain a trade deal after Brexit, because May’s proposal for the divorce with the EU is not to his liking. In […]

This Chinese tech giant’s latest gadget is… a bus

This article is brought to you thanks to the strategic cooperation of The European Sting with the World Economic Forum. Author: Alex Gray, Formative Content This bulbous blue bus could soon become a regular fixture on China’s roads. One hundred of the self-driving buses have so far trundled off a production facility in Xiamen, in southeast China’s Fujian province, […]

Trump doesn’t only target Germany, aims to crack the entire EU

The EU-US trade war is now deeply dividing Europe between those who export cars to America and those who don’t. Germany and France have for quite some time been at odds, regarding the handling of the latest Donald Trump threat to impose import super-tariffs on cars assembled in Europe. Now, however, their differences are becoming […]

EU and China seize momentum to enhance trade agreements in response to Trump’s administration

The EU-China summit will take place on July 16-17 in Beijing where both parties are going to discuss how to improve their trade and investment relations the moment when Donald Trump’s administration is imposing tariffs all around the world shaking the world and trade order. Chinese and EU leaders have already met in Bulgaria and […]

Is sub-Saharan Africa ready for the electric vehicle revolution?

This article is brought to you thanks to the strategic cooperation of The European Sting with the World Economic Forum. Author: Katie Hill, Advisor, Omidyar Network & Rose Mutiso, Co-founder and CEO, Mawazo Institute & Rebekah Shirley, Director of Research, Power for All Africa is urbanizing faster than any other continent, at a rate of 4% every year, compared […]

Cultural diversity can drive economies. Here are lessons from India and South Asia

This article is brought to you thanks to the strategic cooperation of The European Sting with the World Economic Forum. Author: Dietrich Reetz, Senior Research Fellow and Senior Lecturer in Political Science, South Asia, Leibniz-Zentrum Moderner Orient In times when globalization seems to challenge local certainties, people often rediscover their emotional, cultural and religious identities, and project them onto […]

Trump’s MAGA policy remains unchanged as EU warns to impose additional retaliation tariffs on US products

EU threatened the US last Friday with tariff measures on 294 billion dollars of US exports in case Donald Trump’s administration imposes import tariffs on cars and car parts. The US president seems to be doing whatever possible to cause trade wars all over the world. The Old Continent will continue attempting to persuade Mr […]

Trump goes ahead with plan to undo globalization; targets China and EU

Harley-Davidson motor cycles is the first American iconic company to suffer in more than one way from Trump’s action aimed at reversing the world economic order. It’s a matter of fact by now that the ‘America first’ President seems decided to overturn globalization. In doing so, apart from causing global disorder, he will embarrass a […]

The US calls off globalization, targets Germany. Paris offer to Berlin comes at a cost

Last Friday, the ‘America first’ President Donald Trump repeated his threats to impose a super tariff on imports of European cars, obviously having in mind the German automotive industry. His latest menace came only hours after the European Union moderately retaliated to the US aggressive trade action, by levying additional import duties on American goods […]

4 things President Trump could learn from Jimmy Carter

This article is brought to you thanks to the strategic cooperation of The European Sting with the World Economic Forum. Author: Stuart E. Eizenstat As President Donald Trump completes a turbulent period, in which he ruffled the feathers of America’s G7 allies and attended a historic summit with North Korea’s Kim Jong-un, it is worth comparing his approach […]

Trump-China trade war lingers upsetting global economy and stock markets

The trade war between US and China has escalated in the last few days when Trump decided to announce tariffs on Chinese goods worthy of 50 billion dollars. The latter was not left unanswered by Beijing that fought back with similar announcements. However, the trade threats continued with the US warning to impose additional tariffs […]

The Government of China and UNIDO partner to develop technical guidelines for standards of small hydropower development

This article is brought to you in association with the United Nations. Small hydropower (SHP) is increasingly recognized as an important renewable energy solution to the challenge of electrifying remote rural areas. However, while China and most countries in Europe and North and South America have high rates of installed capacity, the potential of SHP in […]

China’s cities are rapidly becoming more competitive. Here’s why

This article is brought to you thanks to the strategic cooperation of The European Sting with the World Economic Forum. Author: Briony Harris, Formative Content China’s cities are more competitive than in any other region of the world, according to a new report from consultants AT Kearney. The number of Chinese cities included in the 2018 Global Cities Index […]

India’s economy is growing fast, but its poorest areas lag behind. Here’s why this could be about to change

This article is brought to you thanks to the strategic cooperation of The European Sting with the World Economic Forum. Author: Urvashi Prasad, Public Policy Specialist, NITI Aayog, Government of India Although India is one of the world’s fastest-growing large economies, it ranks 131 out of 188 countries on the UNDP’s Human Development Index. While several parts of the […]

Germany takes cover from Trump in Eurozone and decides to pay for it

Nobody in Germany doubts it any more that Donald Trump’s America is not a friendly country and market any more, or a guarantor of European security, as was the case for the last 70 years after WWII. To ward off any confusion about that, the German ambassador to the US made a clear statement. Peter […]

G7 summit: Trump Vs. G6 leaders on trade and climate change

US President Donald Trump continued yesterday his fierceful critic to Canadian Prime Minister Justin Trudeau in the aftermath of last weekend’s G7 summit which took place in La Malbaie, Quebec, Canada with the seven largest advanced economies in the world to discuss about gender equality, women’s empowerment, clean energy, and economic growth that works for […]

To Brexit, or not to Brexit…rather not: 10 Downing Street, London

Almost exactly two years have elapsed after the Brits voted to leave the European Union. Tomorrow, Tuesday 12 June, the elected lower House of the Parliament, the Commons, is expected to open the way for Britain to remain in EU’s customs union and the single market for an extended period of time. Most probably, Prime […]

At last Germany to negotiate the costs for a really cohesive Eurozone

Finally, Germany blinked. Chancellor Angela Merkel at last decided  to clearly respond and, up to a certain degree, uphold French President Emmanuel Macron’s ideas, about reforming the Eurozone, in order not only to save it from unraveling, but, if  possibe, to make it more cohesive and stronger. In an interview to last Sunday’s issue of […]

Businesses, governments and consumers to implement a more climate-friendly approach to #BeatPlasticPollution on World Environment Day 2018

Everyone addressed plastic pollution yesterday celebrating the UN World Environment Day which this year is hosted in New Delhi, India. The global campaign of the U.N. to create awareness and urge companies, NGO’s, communities and governments to tackle this heavy burden was highlighted on June 5 with the launch of a report from UN Environment. […]