This article is published in association with IMF. Talal Rafi Over 3 billion people live in 48 developing countries where their governments pay more on interest payments than on either education or health. That is almost half the world’s population. Education and health are key areas of spending if governments want to increase the productivity of […]Search Results for: multinationals
What Measures can Developing Countries Take to Curb Rising Debt Levels?
January 29, 2025 by Leave a Comment
This article is published in association with IMF. Talal Rafi Over 3 billion people live in 48 developing countries where their governments pay more on interest payments than on either education or health. That is almost half the world’s population. Education and health are key areas of spending if governments want to increase the productivity of […]Commission and national authorities call on Apple to stop geo-blocking practices on Apple Media Services
November 12, 2024 by Leave a Comment
This article is brought to you in association with the European Commission. Today, following a coordinated investigation at European level, the Consumer Protection Cooperation (CPC) Network of national consumer authorities and the European Commission notified Apple of several potentially prohibited geo-blocking practices that the CPC Network has identified on certain Apple Media Services, namely App Store, […]Haiti ‘awash’ with guns leaving population ‘absolutely terrified’
April 21, 2025 by Leave a Comment
This article is published in association with United Nations. Hundreds of thousands of guns are being used by gangs to exert control and spread terror in Haiti, according to the UN’s designated expert on the human rights situation in the Caribbean country. The island nation has suffered from a series of humanitarian, economic, political and security […]Haiti: UN envoy welcomes democratic progress amidst alarming violence
July 4, 2024 by Leave a Comment
This article is published in association with United Nations. The UN envoy for Haiti on Wednesday welcomed recent strides towards restoring democracy amid alarming levels of violence, while the country’s interim Prime Minister emphasized that the people “continue to fight for a better future.” Maria Isabel Salvador, Special Representative of the UN Secretary-General for Haiti, briefed […]Fiscal Policy Can Help Broaden the Gains of AI to Humanity
June 18, 2024 by Leave a Comment
This article is published in association with IMF. Era Dabla-Norris, Ruud de Mooij The AI transition will require stronger social safety nets, investment in education, and tax systems that support human workers and mitigate inequality New generative-AI technologies hold immense potential for boosting productivity and improving the delivery of public services, but the sheer speed and […]4 next-generation leaders on the power of collaboration and community
October 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: Stéphanie Thomson, Writer, Forum Agenda The Forum of Young Global Leaders is a community of next-generation leaders acting as a force for good. The community has helped launch initiatives that address challenges as diverse as air pollution and […]Czech tech company Y Soft secures €30 Million EIB support for research advances
November 8, 2024 by Leave a Comment
This article is published in association with European Investment Bank. The European Investment Bank (EIB) is offering Y Soft Corporation, a multinational software and electronic hardware company based in the Czech Republic, financing of €30 million (757 million Czech korunas) to advance a range of office-management technologies including robotics and sensors. The EIB support takes the […]€150 million agreement between EIB and Angelini Ventures to finance European startups
December 2, 2025 by Leave a Comment
This article is published in association with European Investment Bank. The European Investment Bank (EIB) and Angelini Ventures – Angelini Industries’ corporate venture capital fund – have signed an agreement to provide a total of €150 million in financing for European biotechnology and digital health startups. This is the first agreement the EIB has signed with a […]Foreign direct investment in the era of new industrial revolution
June 5, 2023 by 1 Comment
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Necmettin Kaymaz, Senior Advisor, Investment Office of the Presidency of Türkiye, Aytug Goksu, Community Lead, Regional Strategies, Europe, World Economic Forum The Fourth Industrial Revolution presents both opportunities and challenges for attracting foreign direct investment (FDI) as it significantly […]EU governments back human rights and environmental due diligence law for supply chains
March 28, 2024 by Leave a Comment
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Kimberley Botwright, Head, Sustainable Trade, World Economic Forum, Spencer Feingold, Digital Editor, World Economic Forum From 2029, companies in Europe will have to prove they are taking action to protect the environment and human rights throughout their supply […]Finland: EU and Sibanye-Stillwater, through its Keliber lithium project, join forces in €150 million deal to improve EU access to and resilience in battery materials
August 26, 2024 by Leave a Comment
This article is published in association with European Investment Bank. The European Investment Bank (EIB) is spearheading a €150 million out of a €500 million financing package for Keliber Oy, a Finnish mining and battery-material processing company. Keliber Oy is a subsidiary of the diversified mining and metals processing Group Sibanye-Stillwater, with Finnish Minerals Group (FMG) […]Commission takes action to ensure complete and timely transposition of EU directives
January 25, 2024 by Leave a Comment
This article is brought to you in association with the European Commission. The Commission is adopting a package of infringement decisions due to the absence of communication by Member States of measures taken to transpose EU directives into national law. The Commission is sending a letter of formal notice to those Member States who have failed […]Is this a pivotal moment for the rise of the ‘middle powers’?
March 26, 2024 by Leave a Comment
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Alejo Czerwonko. Chief Investment Officer, Emerging Markets, Americas, UBS AG The global geopolitical map is experiencing its deepest reconfiguration in decades. Global trade is being rerouted, supply chains are being redesigned and new security alliances are being forged. All […]Is impact valuation the silver bullet for sustainability?
April 10, 2024 by Leave a Comment
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Vikram Nagendra, Director, Sustainability, SAP, Superna Khosla, Director, Global Reporting, PwC Managing impact makes good business sense: there is a growing recognition that, over time, externalities become internalised and directly affect a company’s cash flows, its access to finance and potentially its […]Commission opens in-depth investigation into proposed acquisition of Air Europa by IAG
January 25, 2024 by Leave a Comment
This article is brought to you in association with the European Commission. The European Commission has opened an in-depth investigation to assess, under the EU Merger Regulation, the proposed acquisition of sole control of Air Europa Holding, S.L. (‘Air Europa‘) by International Consolidated Airlines Group, S.A. (‘IAG‘). The Commission has preliminary concerns that the transaction may […]Are global value chains leaving Indonesian SMEs behind?
February 20, 2024 by Leave a Comment
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Arip Tirta, President, Evermos, Prasanti W. Sarli, Head of Social Impact, Evermos Indonesia is on the verge of hitting the middle-income trap. Despite the massive growth across the country over the past two decades, it can’t seem to reach its […]May infringements package: key decisions
May 23, 2024 by Leave a Comment
This article is brought to you in association with the European Commission. Overview by policy area In its regular package of infringement decisions, the European Commission pursues legal action against Member States for failing to comply with their obligations under EU law. These decisions, covering various sectors and EU policy areas, aim to ensure the proper […]It is time to create an economy that works for all
April 24, 2024 by Leave a Comment
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Piyachart “Arm” Isarabhakdee, Chief Executive Officer, BRANDi and Companies Since 2020, around two-thirds of newly created global wealth has gone to the top 1%. Now, some might argue, “if you work hard, you succeed.” But working hard is not enough. Capital […]Why near-zero cement and concrete are crucial building blocks to reach net-zero
November 24, 2023 by 1 Comment
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Daniel Boero Vargas, Specialist, Industry Decarbonization, World Economic Forum Concrete is the most widely used man-made material, and the second most widely used material after water. Humans rely on it, yet with cement and concrete production contributing 7-8% […]Impact valuation: How to challenge and elevate traditional decision-making
April 8, 2024 by Leave a Comment
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Liviana Sordo, Senior Manager, Climate Change & Sustainability Services, Ernst & Young LLP Impact valuation can help businesses prosper in a world where we see an increase in the occurrence, frequency and severity of social and environmental issues. […]AI and cybersecurity: Navigating the risks and opportunities
March 1, 2024 by Leave a Comment
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Giulia Moschetta, Research and Analysis Specialist, Centre for Cybersecurity, World Economic Forum, Joanna Bouckaert, Community Lead, Centre for Cybersecurity, World Economic Forum New technological developments in artificial intelligence (AI) have taken the world by storm, prompting a race for governments […]Mergers: Commission approves the merger between Credit Suisse and UBS
May 26, 2023 by Leave a Comment
This article is brought to you in association with the European Commission. The European Commission has approved unconditionally, under the EU Merger Regulation, the merger between Credit Suisse and UBS. The Commission concluded that the transaction would not raise competition concerns in the European Economic Area (‘EEA’). UBS and Credit Suisse are both global multinational investment […]Taxation: Historic global agreement to ensure fairer taxation of multinational enterprises
July 12, 2021 by 2 Comments
This article is brought to you in association with the European Commission. The European Commission welcomes the historic global agreement endorsed by G20 Finance Ministers and Central Bank Governors today, which will bring fairness and stability to the international corporate tax framework. This unprecedented consensus will usher in a complete reform of the international corporate tax […]Commission sends Amazon Statement of Objections over proposed acquisition of iRobot
November 28, 2023 by Leave a Comment
This article is brought to you in association with the European Commission. The European Commission has informed Amazon of its preliminary view that its proposed acquisition of iRobot may restrict competition in the market for robot vacuum cleaners (‘RVCs’). Amazon provides an online marketplace (the Amazon Stores), which allows retailers to advertise and sell products (including […]Why independent software vendors can help businesses hit digitalization and green goals
January 8, 2024 by Leave a Comment
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Stefan Reuther, Member of the Executive Board, COPA-DATA The “twin transition” towards digitalization and sustainability involves more than two simultaneous trends. It signifies the integration of two political priorities, the fusion of which has the potential to change the […]How advanced technology could make tax controversies easier to avoid
January 5, 2024 by Leave a Comment
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Marna Ricker, Global Vice Chair, Tax, EY Tax controversy is inefficient for everyone involved. It’s costly, it’s burdensome, it’s wasteful and it can engender a distrustful relationship between taxpayers and tax administrators. This is especially true for large, multinational […]As Hungary blocks global tax deal, MEPs denounce national vetoes
July 7, 2022 by Leave a Comment
This article is brought to you in association with the European Parliament. MEPs criticize countries abusing their vetoes on tax matters and demand a relaunch of discussions to gradually introduce majority voting. The resolution adopted on Wednesday with 450 votes in favour, 132 votes against and 55 abstentions, closes the debate which took place during June’s […]Here is how trade facilitation has led to inclusive development
January 8, 2024 by Leave a Comment
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. The importance of trade facilitation for development. According to the World Bank, between 1990 and 2017, developing countries increased their share of global exports from 16% to 30%, correlating with a fall in the global poverty rate from 36% to 9% […]Policy tools for better labour outcomes
May 1, 2024 by Leave a Comment
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Maria Mexi, Senior Advisor, Labour and Social Policy, TASC Platform, Geneva Graduate Institute, Mekhla Jha, Specialist Inclusive Trade, World Economic Forum Trade is a powerful engine of growth and economic development. It has managed to lift close to […]How to design inclusive value chains to improve livelihoods of smallholder farmers
December 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: Tanner Methvin, Director, Impact Amplifier, Annika Surmeier, Senior Lecturer, Graduate School of Business of the University of Cape Town, Addisu A Lashitew, Assistant Professor, McMaster University, Non-Resident Fellow, Brookings Institution Smallholder farming is the source of livelihood for more than two […]5 ways that free trade can boost sustainable agriculture in Africa
May 22, 2024 by Leave a Comment
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Adam Amoussou Africa has the potential to become the world’s powerhouse in the coming years. The continent is undergoing unprecedented changes, with the implementation of the African Continent Free Trade Area (AfCFTA) – which aims to eliminate trade […]Top impact stories from the World Economic Forum in 2023
January 2, 2024 by Leave a Comment
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. 2023 was a turbulent year for many people. Yet, despite conflict, the intensifying climate crisis and a challenging economic outlook,, a number of initiatives by the World Economic Forum and its partners helped create impact to improve the state […]The Pact for Skills expands to 1,000 members as it marks its second anniversary
November 11, 2022 by Leave a Comment
This article is brought to you in association with the European Commission. Two years after its launch, the Pact for Skills celebrates an important milestone as its membership grows to 1,000 members, including large multinational companies, SMEs, local training providers, and chambers of commerce. The Pact is a central element of the European Skills Agenda. This […]
