What is a rolling recession? And are we in one right now?

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Emma Charlton, Writer, Forum Agenda When is a recession not a recession? If that feels like a trick question, the answer – when it is rolling – also feels a bit tricksy. Traditionally, in the US, recessions are defined […]

What are foreign currency reserves and can they help combat the global economic crisis?

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Stefan Ellerbeck, Senior Writer, Formative Content Sri Lanka’s foreign currency reserves have fallen by 99% since 2019, amid an economic crisis that has seen the country’s president overthrown. Foreign currency or exchange reserves, otherwise known as forex reserves, […]

Wave energy: can ocean power solve the global energy crisis?

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Victoria Masterson, Senior Writer, Formative Content Wave energy could meet all the world’s electricity needs. But technologies to harness wave energy are still developing. Ocean power generation needs to grow by 33% a year to achieve a net-zero […]

MEPs call for concrete details and novel tools to address the economic crisis

This article is brought to you in association with the European Parliament. MEPs on Monday quizzed Commissioners Dombrovskis and Gentiloni on planned measures to tackle the looming economic crisis due to COVID-19. Opening the discussion held within the Economic and Monetary Affairs Committee, Committee Chair Irene Tinagli (S&D, IT) underlined that although the measures agreed by […]

Brexit update: Will the EU grant extention to Britain preventing economic chaos?

It was only yesterday when the British MPs voted in favor of Boris Johnson’s Brexit deal but rejected the three-day legislation timetable which would have speeded up the procedure and met the deadline of October 31st. However, it is up to the EU now to decide whether to provide another extention to the ongoing negotiations […]

Lessons from dealing with the collapse of Lehman Brothers

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Gideon Moore, Firmwide Managing Partner, Linklaters 2018 marked the tenth anniversary of the collapse of Lehman Brothers – the emblematic event of the global financial crisis, and one whose ramifications are still being felt across the world. As legal […]

Growth is running out of steam. How do we prepare for the next crisis?

This article is brought to you thanks to the strategic cooperation of The European Sting with the World Economic Forum. Author: Guy Miller, Chief Market Strategist and Head of Macroeconomics, Zurich Insurance As the end of the year beckons and we ponder what the world will look like in 2019, the World Economic Forum’s latest report on Regional Risks […]

New report says better metrics could have prompted stronger response to the crisis

This article is brought to you in association with OECD. Better measurement of the economy and of people’s well-being could have led governments to respond more strongly to mitigate the damage caused by the 2008 financial crisis and reduce people’s continuing loss of trust in public institutions, according to a new report. Beyond GDP: Measuring What […]

The Americans are preparing for the next financial crisis

Last week, Janet Yellen, Chair of the Board of Governors of the Federal Reserve System, in more than one ways revealed that the American central bank prepares to confront the next financial downturn. On Wednesday, 28 September, speaking at the House Financial Services Committee in Washington D.C. , she defended the Fed’s rigorous supervision over […]

“Is Europe innovative? Oh, Yes we are very innovative!”, Director General of the European Commission Mr Robert-Jan Smits on another Sting Exclusive

This revealing exclusive interview with Mr Robert-Jan Smits, Director General of the European Commission for Research and Innovation, was conducted by Carlo Motta at the European Sting’s pavilion during European Business Summit 2014. In the following interview Carlo Motta will be signalled as C.M and Mr Smits as R.J.S.   C.M. : It is a big honour and pleasure to welcome in […]