G7 summit: 3 key takeaways for net zero action, nature and the circular economy

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum./ Author: Abdellah Hmamouche, Strategic Communications Lead, World Economic Forum, Jay Hawkins, Communications Lead, Climate and First Movers Coalition, World Economic Forum The Group of Seven (G7) summit was the first in a series of important multilateral milestones in the diplomatic […]

President von der Leyen at G7 Session I – “Towards an International Community characterised by Cooperation, not Division and Confrontation / Global Economy, Digital, Trade”

This article is brought to you in association with the European Commission. Quotes from President von der Leyen at the first session of the G7 Summit, “Towards an International Community characterised by Cooperation, not Division and Confrontation / Global Economy, Digital, Trade”  Despite all geopolitical difficulties, the clean energy transition is accelerating. It offers real growth […]

What lies ahead for the global economy? Economists give their views

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum./ Author: Ian Shine, Senior Writer, Forum Agenda Uncertainty seems to be the only certainty left when it comes to assessing the global economic outlook. Economists are not just divided on the prospects of a worldwide recession in 2023, but they […]

What next for the global economy? 

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Joe Myers, Writer, Forum Agenda Paul Donovan, Chief Economist at UBS Global Wealth Management; Gregory Daco, Chief Economist at EY-Parthenon; Sandra Phlippen, Chief Economist at ABN AMRO; and Svenja Gudell, Chief Economist at Indeed Inc, joined John Defterios, a […]

US Fed likely to make final interest rate hike in May, and other economy stories you need to read this week

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Gabi Thesing, Senior Writer, Forum Agenda 1. US Fed likely to deliver 25-basis-point interest rate hike then pause for rest of year The US Federal Reserve will deliver a final 25-basis-point interest rate increase in May and then hold […]

How to leverage your skills in the post-knowledge AI economy

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Bozhanka Vitanova, Founder & CEO at TeamLift, Alumni, Global Shapers Community, Kes Sampanthar, Managing Director, BCG Brighthouse We can enable a skills-based economy that fosters cooperation and innovation, drives progress in various fields, and ultimately benefits both companies and […]

6 vulnerabilities technology is creating in the financial system

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Charlotte Edmond, Senior Writer, Forum Agenda Technology is creating new risks in the financial system – but can also be used to mitigate some of the challenges.Deep fakes and fake news could create market-altering events and are making it […]

Here’s what the mixed economic messages mean for business

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 The ever-shifting global economy is never easy to keep up with – but with sky-high inflation rates and global supply chains still upended by Russia’s invasion of Ukraine, it can be harder than ever. […]

Eradicating extreme poverty by 2050?

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 How do you define and measure poverty and extreme poverty? Or, put another way, what standards are necessary for a basic living? The answer probably varies from country to country and it can be […]

The chemical industry’s overlooked role ushering in the low-carbon economy

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Dr. Bob Maughon, Executive Vice President, Sustainability, Technology & Innovation and Chief Technology and Sustainability Officer, SABIC The chemical industry is critical to the global economy and for meeting societal needs. The innovations the field has given rise to […]

India’s economy stutters, Eurozone inflation falls less than expected, and other economy stories you need to read this week

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Ian Shine, Senior Writer, Formative Content 1. India’s economy stutters, but remains on track to lead world growth India’s economic growth slowed further in October-December, but the government is retaining its growth forecast of 7% for 2022-2023 – a […]

The Circulars Accelerator 2023: Meet the 16 startups accelerating the transition to a circular economy

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Timothy Conley, Digital Engagement Specialist, World Economic Forum With less than a decade to deliver on the UN’s Sustainability Development Goals, the transition to the circular economy continues to be one of the most critical drivers for building a […]

EU raises growth forecasts, Turkey faces $85 billion in quake costs and other economy stories you need to read this week

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Ian Shine, Senior Writer, Formative Content 1. EU raises growth forecast, expects to avoid recession The European Union’s economic growth is likely to be stronger than expected this year, the European Commission says. It also believes economic activity will […]

4 ways a greener economy can help debt-ridden countries

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Erik Solheim, CEO, Plastic REVolution Foundation, REV Ocean AS, Talal Rafi, Economist & Management Consultant, Deloitte Many countries are staring into a debt crisis as the world faces multiple challenges with supply-chain disruptions, the Russia-Ukraine war and high inflation. […]

Are there glimmers of economic hope as we begin 2023?

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Emma Charlton, Senior Writer, Formative Content This article was updated on 7 February, 2023. After a tough year that included soaring inflation, war in Ukraine and a cost-of-living crisis, any signs of positivity are welcome. And, as we begin […]

50% of the global economy is under threat from biodiversity loss

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Simon Torkington, Senior Writer, Formative Content Whether you live in a city, a rural area or by the ocean, it’s likely you have noticed a decline in biodiversity. Maybe fewer birds visit your urban feeders, larger mammals are less […]

Where is the global economy heading in 2023? Plus other economics stories you need to read this week

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Ian Shine, Senior Writer, Formative Content 1. Where is the global economy heading in 2023? The year ahead looks better than initially feared for the global economy, but remains fraught with risks, including the potential escalation of the war […]

World Bank warns global economy could tip into recession in 2023 – and other economy stories you need to read this week

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Stephen Hall, Writer, Formative Content 1. World Bank warns global economy could tip into recession in 2023 The World Bank slashed its 2023 growth forecasts on 10 January to levels teetering on the brink of recession for many countries […]

5 levers for decarbonizing the global economy and tackling climate change

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Stefan Schaible, Global Managing Partner, Roland Berger The ongoing economic crisis poses a potential gridlock for global decarbonization efforts. Why should business leaders give head space to sustainability targets when they are struggling to keep their businesses above water? […]

Gender equality in STEM can support a sustainable economy. Here’s how

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Ebru Özdemir, Chairperson of the Board, Limak Holding We live in a rapidly changing world where vast technological advancements are announced almost daily. The so-called fourth industrial revolution is characterised by extraordinary technology and a digital transition. There is […]

India expected to be world’s fastest growing economy in 2023 and other economy stories you need to read this week

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Stephen Hall, Writer, Formative Content 1. India expected to be world’s fastest growing economy in 2023 India is set to be the world’s fastest growing major economy in the year ahead, as a post-pandemic retail boom and recent bank […]

How a climate-smart forest economy could help mitigate climate change and its worst impacts

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Daniel Zimmer, Director Sustainable Land Use, Climate-KIC The global population is rising, and cities, particularly, are taking the strain. Each week 1.5 million people move to urban areas. All these people need places to live and work and […]

Future of work: Why the new learning economy plus development equity is a successful formula

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Stephen Bailey, Co-Founder and Chief Executive Officer, ExecOnline Most of our current conversations related to the economy focus on what you would expect: continued uncertainty as we grapple with COVID-19 fallout; the potential impact of prolonged sociopolitical unrest; and, […]

Has Eurozone inflation peaked? Plus other economy stories you need to read this week

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Ian Shine, Senior Writer, Formative Content 1. Has Eurozone inflation peaked? Eurozone inflation eased far more than expected in November, raising hopes that surging price growth is past its peak. But the European Central Bank’s (ECB) top names […]

How Web3’s ‘programmable commerce layer’ will transform the global economy

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Justin Banon, Co-Founder, Boson Protocol, Jason Potts, Professor of Economics, RMIT University, Sinclair Davidson The world economy is in the early stages of a profound transition from an industrial to a digital economy. The industrial revolution began in […]

Recession not inevitable, says OECD – and other economy stories you need to read this week

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Stephen Hall, Writer, Formative Content 1. Recession not inevitable but economic slowdown is, OECD says The global economy can avoid a recession next year, but the worst energy crisis since the 1970s will trigger a sharp slowdown and […]

Is a recession needed to end US inflation? Plus other news on the economy you need to read this week

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Stephen Hall, Writer, Formative Content 1. Is a recession needed to end US inflation? Inflation is at risk of becoming entrenched in the economy because of an overheated job market, making it difficult for the US Federal Reserve […]

Joint Declaration – 1 billion euro mobilised for Solidarity Lanes to increase global food security and provide a lifeline for Ukraine’s economy

This article is brought to you in association with the European Commission. On behalf of the European Commission, Czechia, Poland, Romania, Slovakia, Republic of Moldova, Ukraine, the European Investment Bank, the European Bank for Reconstruction and Development, and the World Bank Group As part of the European Union’s response to the Russian aggression against Ukraine, the […]

Building an economic governance framework fit for the challenges ahead

This article is brought to you in association with the European Commission. The European Commission has today adopted a Communication setting out orientations for a reformed EU economic governance framework. Taking into account the key concerns over the current framework, these aim to strengthen debt sustainability and enhance sustainable and inclusive growth through investment and reforms. […]

California’s economy may surpass Germany’s, but what’s beneath the numbers?

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: John Letzing, Digital Editor, Strategic Intelligence, World Economic Forum “The future always looks good in a golden land,” one of California’s most clear-eyed chroniclers wrote, “because no one remembers the past.” I lived a large chunk of my […]

Inflation affects women more than men. Civil society can help

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Bincheng Mao, Global Shaper, New York Hub Across the world, we are facing an acute inflation crisis. In its latest economic outlook report, the IMF forecasts global inflation to increase to a record 8.8 percent in 2022, citing […]

MEPs back new trade instrument to protect the EU from economic blackmail

This article is brought to you in association with the European Parliament. Trade Committee MEPs backed a new tool for the EU to respond to countries seeking to coerce it or member states. The committee adopted its negotiating position on the proposed anti-coercion instrument with 34 votes for, zero against and six abstentions on Monday evening. […]