Key quotes from China’s Premier Li on COVID-19, the economy and US relations

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. China’s Premier Li Keqiang shared his thoughts with business leaders during a virtual World Economic Forum Special Dialogue, at a critical time for a world economy battered by the COVID-19 pandemic. Addressing China’s efforts to shore up its domestic […]

A top economist shares 3 ways leaders can help economies recover

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Briony Harris, Senior Writer, Formative Content OECD Secretary-General Angel Gurría discussed the organization’s latest economic outlook in a World Economic Forum Great Reset Dialogue. He warned against removing support too early and shortening supply chains. He also highlighted […]

This is how to achieve a clean economic recovery that combats organized crime

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Nadja Long, Senior Specialist, European Financial and Economic Crime Centre, Europol & Nick Maxwell, Head of the Future of Financial Intelligence Sharing, (FFIS) research programme & Che Sidanius, Global Head of Financial Crime and Industry Affairs, Refinitiv & […]

Why 2020 will see the birth of the ‘trust economy’

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Bianca Ghose, Chief Storyteller, Wipro The effect of the pandemic on our working lives underscores the growing importance of trust. Successful remote working demands a greater level of trust, both in and between employees and employers. In the […]

Why sustainable manufacturing makes economic as well as ethical sense

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Derek O’Halloran, Head of Shaping the Future of Digital Economy and New Value Creation, World Economic Forum & Francisco D’Souza, Co-Founder, Cognizant; Fellow, World Economic Forum The pandemic has forced manufacturing to change at an unprecedented rate. We […]

New EU rules and guidance for a fairer online economy

This article is brought to you in association with the European Commission. The Commission publishes today a set of resources to help traders, online platforms and search engines get the most out of the new Platform to Business rules, which apply from this Sunday, 12 July. In addition, three progress reports prepared by the expert group for […]

Powering a climate-neutral economy: Commission sets out plans for the energy system of the future and clean hydrogen

  This article is brought to you in association with the European Commission.   To become climate-neutral by 2050, Europe needs to transform its energy system, which accounts for 75% of the EU’s greenhouse gas emissions.  The EU strategies for energy system integration and hydrogen, adopted today, will pave the way towards a more efficient and […]

8 steps towards a sustainable economic recovery

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Gerard Reid, Founder and Partner, Alexa Capital & Clay Nesler, Vice-President, Global Sustainability and Regulatory Affairs, Johnson Controls & Christina Lampe-Onnerud, Founder and Chief Executive Officer, Cadenza Innovation & Claudia Vergueiro Massei, Chief Executive Officer, Siemens Oman & […]

This is how we can make a global green recovery – that also boosts the economy

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Charlotte Edmond, Senior Writer, Formative Content Targeted policies and investment in renewables and energy efficiency could boost the global economy by 1.1%, according to a report from the IEA. Its Sustainable Recovery Plan would also save 9 million […]

Digitalization is changing banking – These 3 trends will help shape its future

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Max Chuard, Chief Executive Officer, Temenos COVID-19 is accelerating demands for new banking technologies and cost-cutting efficiencies. Cloud technologies and AI can help banks weather changes brought by COVID-19 and distinguish their offerings in the the long term. […]

Leaders making these 5 key investments can shape an inclusive future

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Fran Katsoudas, Chief People Officer, Cisco Remote work, once a perk, is now a necessity powering the economy. Leaders must adapt to rapid change to ensure that their workforces and populations have the necessary skills and technologies to […]

3 challenges facing global gig economy growth after COVID-19

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Yan Xiao, Project Lead, Digital Trade, World Economic Forum & Janette Chung, Product Director, Jobox.ai COVID-19 is accelerating the growth of the cross-border offline-to-online (O2O) gig economy. Cross-border payments need to catch up for the cross-border gig economy […]

4 ways governments can support start-ups and save their economies

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Marc Penzel, Founder and President, Startup Genome & JF Gauthier, Founder and CEO, Startup Genome Without startups like Zoom, WhatsApp, and Slack, the world would probably be less productive today, or worse, lonelier. Thanks to the technology these […]

5 reasons why biodiversity matters – to human health, the economy and your wellbeing

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Marie Quinney, Specialist, Nature Action Agenda, World Economic Forum Biodiversity is critically important to human health, economies and livelihoods. Humans have caused the loss of 83% of all wild animals and half of all plants. To mark the […]

International community renews commitment to multilateral efforts to address tax challenges from digitalisation of the economy

This article is brought to you in association with OECD. The international community reaffirmed its commitment to reach a consensus-based long-term solution to the tax challenges arising from the digitalisation of the economy, and will continue working toward an agreement by the end of 2020, according to the Statement by the Inclusive Framework on BEPS released […]

This is the IMF’s latest take on the economy in 2020

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Briony Harris, Senior Writer, Formative Content Climate change is already having an impact on the global economy. Countries must ensure the vulnerable are protected in order to maintain social cohesion. Despite the note of optimism, significant risks remain. […]

The world needs a circular economy. Help us make it happen

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Frans van Houten, Chief Executive Officer, Royal Philips & Naoko Ishii, Chief Executive Officer and Chairperson, Global Environment Facility The circular economy could be a $4.5 trillion business opportunity. Only 9% of the global economy is circular at […]

What wealth managers can learn from family dynamics

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Viola Steinhoff Werner, Founder, Young Investors Organization; Head of Global Next Generation and Families, Credit Suisse The next generation of wealth management clients are disrupting the industry. Wealth managers must include the next generation early on to understand […]

Here’s how businesses can make the circular economy a reality

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Alain Bejjani, Chief Executive Officer, Majid Al Futtaim Half of all existing plastic was manufactured in the last 13 years. Less than 10% of all plastic has been recycled. Corporations like Dell, PepsiCo, British Telecom and Majid Al […]

European Semester Autumn Package: Creating an economy that works for people and the planet

This article is brought to you in association with the European Commission. Today, the von der Leyen Commission launches a new European Semester cycle, the first of its mandate. It presents an ambitious, rebooted growth strategy focused on promoting competitive sustainability to build an economy that works for people and the planet. The Annual Sustainable Growth […]

The European Green Deal sets out how to make Europe the first climate-neutral continent by 2050, boosting the economy, improving people’s health and quality of life, caring for nature, and leaving no one behind

This article is brought to you in association with the European Commission. The European Commission today presented The European Green Deal – a roadmap for making the EU’s economy sustainable by turning climate and environmental challenges into opportunities across all policy areas and making the transition just and inclusive for all. President Ursula von der Leyen said: […]

The Fourth Industrial Revolution is redefining the economy as we know it

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Katica Roy, CEO, Pipeline The Fourth Industrial Revolution (4IR) upends current economic frameworks. Who makes money – and how – has changed. Demographics have changed. Even the skills that brought our society to where we are today have […]

Here’s what you need to know about Bangladesh’s rocketing economy

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Katharine Rooney, Senior Writer, Formative Content Bangladesh’s GDP growth rate is forecast to be 8% in 2020 The figures put it ahead of other Asian countries, including India It could shed its ‘least developed country’ status in five years […]

To build a circular economy, we need to put recycling in the bin

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Alexandre Lemille, Co-founder and general secretary, African Circular Economy Network Too often the concept of a circular economy is muddled up with some kind of advanced recycling process that would mean keeping our industrial system as it is and […]

Innovation and entrepreneurship can cut waste and deliver the circular economy

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Kate Whiting, Senior Writer, Formative Content My five year old daughter asked me recently if could take a bag and her gardening gloves to school. I said yes, of course – but why? She replied that at recess, she […]

Why the answer to a more sustainable future could lie within the platform economy

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Gillian Tans, Chairwoman, Booking.com There is growing public urgency on issues such as climate change and calls for more sustainable solutions to secure a more positive future. Whilst legislators are mired in considerations of political practicality, sometimes unable to […]

Latvian economy is thriving, but boosting productivity, improving social protection and transitioning to a low-carbon productive model are vital for sustainable and inclusive growth

This article is brought to you in association with OECD. The Latvian economy is thriving, with strong job growth driving convergence with more advanced economies. Efforts should now focus on reducing inequality, responding to the challenges posed by population ageing and making growth stronger, inclusive and greener, according to two new OECD reports. The latest OECD Economic […]

An economist explains what happens if there’s another financial crisis

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Kenneth Rogoff, Thomas D. Cabot Professor of Public Policy and Professor of Economics, Harvard University & Ross Chainey, Digital Media Specialist, World Economic Forum The financial crisis of 2008 may have started in the US banking sector but it […]

An economist explains how to go carbon neutral in our lifetime

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Nicholas Stern, President, Royal Economic Society & Ceri Parker, Commissioning Editor, Agenda, World Economic Forum Fear and despair are an understandable reaction to climate change. Unless we radically change the way we live, we’re on the path to a […]

What Mary Poppins teaches us about behavioural economics

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Matthew Willcox, Founding partner, The Business of Choice & Nicholas Peters, Professor of Cardiology and Head of Cardiac Electrophysiology, Imperial College London In every job that must be done There is an element of fun You find the fun […]

Wide-ranging reforms needed to ensure Italy’s economic recovery

This article is brought to you in association with OECD. Stronger, more inclusive and sustainable growth, better job opportunities and a reduction in the level of public debt in Italy require a comprehensive programme of far-reaching reforms while maintaining the important measures taken in recent years, according to a new OECD report. The latest Economic Survey […]

The countries most ready for the global energy transition

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Harsh Vijay Singh, Project Lead, System Initiative on Shaping the Future of Energy, World Economic Forum Geneva Countries around the world are upping the share of renewables in their energy mixes. The bad news is, they’re not doing it […]

OECD will follow Canadian proceedings addressing allegations of political interference in foreign bribery prosecution

This article is brought to you in association with OECD. The OECD Working Group on Bribery is concerned by recent allegations of interference in the prosecution of SNC-Lavalin that are subject to proceedings in the House of Commons Standing Committee on Justice and Human Rights. The Canadian engineering and construction group is the subject of an […]