World News in Brief: Self-sufficiency call for healthcare funding, Australia treaty with Indigenous Peoples, Haiti women at risk

This article is published in association with United Nations. The UN World Health Organization (WHO) issued new guidance on Monday to help poorer nations cope with severe global funding cuts for essential medical services worldwide. According to the UN health agency, healthcare aid from abroad is projected to see a decline of between 30 and 40 […]

EBRD extends €5 million to Erste Bank Montenegro for green transition and women’s entrepreneurship

New green financing model launched in SerbiaThis article is brought to you in association with EBRD. The European Bank for Reconstruction and Development (EBRD) is deepening its commitment to Montenegro’s green transition and inclusive growth with a new €5 million financial package for Erste Bank AD Podgorica (Erste Bank Montenegro) to be on-lent to its clients. The funds will go towards two […]

Lithuania: Vilnius to upgrade water services and boost climate resilience with €50 million EIB loan to utility Vilniaus vandenys

This article is published in association with European Investment Bank. The European Investment Bank (EIB) is lending Lithuanian water utility Vilniaus vandenys €50 million to bolster infrastructure in the capital Vilnius. The company will use the EIB loan to upgrade water and wastewater operations by digitising, reinforcing and expanding them. Planned works include an upgrade of […]

Commission launches new initiatives with industry to boost Europe’s Automotive leadership

This article is brought to you in association with the European Parliament.This article is brought to you in association with the European Commission. Today, President Ursula von der Leyen chaired the third Strategic Dialogue on the Future of the European Automotive Industry, bringing together the European automotive industry, social partners, and other stakeholders in Brussels. The meeting reaffirmed the need to act fast to implement the Automotive Action […]

Latin America and Caribbean: Millions more children could face poverty due to climate change

This article is published in association with United Nations. Climate change could push at least 5.9 million more children and young people in Latin America and the Caribbean into poverty by 2030 unless governments act now.  Even worse, the number could triple if countries do not meet their commitments to reduce greenhouse gas (GHG) emissions and […]

Spain: EIB finances Teknia with €30 million loan to support R&D investments for the European automotive sector

This article is published in association with United Nations.This article is published in association with European Investment Bank. The European Investment Bank (EIB) and Teknia have signed a loan worth €30 million to finance the company’s research and development activities, and measures to apply them in manufacturing of components for the automotive sector.  Teknia is a Spanish company present in 13 countries specialised in the […]

Climate change: World likely to breach 1.5°C limit in next five years

This article is brought to you in association with the European Commission. Fact: 2024 was the warmest year on record – but the heat is far from over. A new report from the World Meteorological Organization (WMO) warns that global temperatures will likely continue rising, with an 80 per cent chance that at least one year […]

France: Treefrog Therapeutics secures €30 million from EIB marking a significant milestone in the company’s journey to accelerate the field of cell therapy

This article is brought to you in association with the European Commission.This article is published in association with European Investment Bank. TreeFrog Therapeutics, a French biotech specializing in cell therapy has secured a €30 million financing from the European Investment Bank (EIB). The financing will support the advancement of their lead cell therapy program in Parkinson’s Disease to the clinic. Funds will also be used to reinforce […]

Diplomats prepare ground for June conference on two-State solution for Israel and Palestine

This article is published in association with United Nations. Diplomats convened at UN Headquarters in New York on Friday to lay the groundwork for a crucial international conference in June, aimed at advancing global efforts towards achieving a two-State solution to the Israel-Palestine conflict.  The preparatory session brought together UN Member States to align expectations and finalise arrangements […]

Civilians killed in drone strike in eastern Ukraine: UN rights monitors

This article is published in association with United Nations. A drone strike in eastern Ukraine on Saturday could possibly be the deadliest in recent weeks, the UN Human Rights Monitoring Mission in the country, HRMMU, has said. At least nine people were killed and seven injured when a Russian drone struck a minibus near the town […]

EBRD cuts growth forecasts amid surging trade policy uncertainty

This article is brought to you in association with EBRD. The European Bank for Reconstruction and Development (EBRD) has lowered its regional economic forecast for 2025 by 0.2 percentage points relative to its February 2025 projections. According to the Bank’s Regional Economic Prospects report published today, economies in which the EBRD invests are now projected to […]

Local staff ‘particularly vulnerable’ to detention, as UN calls for their release

This article is published in association with United Nations. Staff members of the United Nations around the world who are recruited locally are “particularly vulnerable” to detention and should be released and allowed to go home according to the UN Secretary-General, António Guterres. In the last year alone 101 UN staff members were arrested or detained […]

EBRD supports operations of Empire Manufacturing Kazakhstan

This article is brought to you in association with EBRD. The European Bank for Reconstruction and Development (EBRD) is providing a loan of up to US$ 10 million to Empire Manufacturing Kazakhstan (EMK) that will enable the company to begin coffee production at modernised facilities and create jobs. The EBRD’s senior loan will help EMK commission, […]

Human Rights Council focuses on Iran, Syria, Venezuela

This article is published in association with United Nations. Top independent experts reported to the UN Human Rights Council in Geneva on Tuesday, putting the records of Iran, Syria and Venezuela under the spotlight during the 47-member body’s latest session. Council-appointed experts pointed to grave violations of fundamental rights in Iran, linked to popular protests following the […]

EBRD loan to AKLease supports green financing

This article is brought to you in association with EBRD. The European Bank for Reconstruction and Development (EBRD) is providing a €50 million loan to Türkiye’s AKLease, a longstanding partner in the country, for on-lending to sub-borrowers implementing green investments such as energy efficiency, renewable energy and climate resilience measures. With this loan, AKLease (a fully […]

Worldwide levels of forced displacement hit new high: UNHCR

This article is brought to you in association with the European Parliament.This article is published in association with United Nations. This year and last have seen historically high levels of forced displacement worldwide according to the UN refugee agency’s (UNHCR) 2024 flagship Global Trends Report published on Thursday.   The report found that forced displacement rose to 120 million in May 2024, marking the 12th consecutive annual increase […]

How communities can step up to provide long-term care for the world’s ageing population

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Prakash Tyagi, Founder-Director, GRAVIS Hospital; Executive Director, GRAVIS All over the world, people are leading longer lives. This increased life expectancy is one of the great success stories of human development. Advancements in medical sciences and public health […]

AI: Why companies need to build algorithmic governance ahead of the law

This article is published in association with European Investment Bank.This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Mark Esposito, Chief Learning Officer, Nexus FrontierTech, Professor at Hult International Business School, Aurélie Jean, Founder, In Silico Veritas, Terence Tse, Executive Director, Nexus FrontierTech, Professor of Finance, Hult International Business School, Guillaume Sibout, Consultant in Digital Numeracy, […]

While Blinken blinks on betterment of US-China relations, the EU promulgates Cold War II?

What is striking is that the US and EU don’t seem aligned at this point in time. Blinken’s recent visit in Beijing went super well creating fertile ground for catching up US-China relations and making them stronger, with both sides leaving ample space for betterment and restoration of the fragile ties of the world’s biggest […]

Europe’s Beating Cancer Plan: Commission presents first Country Cancer Profiles under the European Cancer Inequalities Registry

This article is brought to you in association with the European Commission. Today, ahead of World Cancer Day on 4 February, the Commission and the Organisation for Economic Co-operation and Development (OECD) present the first Country Cancer Profilesunder theEuropean Cancer Inequalities Registry for all EU Member States, Norway and Iceland. The Profiles show that EU countries […]

AI in migration is fuelling global inequality: How can we bridge the gap?

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Marie McAuliffe, Head, Migration Research, International Organization for Migration (IOM) Artificial intelligence (AI) in migration and mobility systems has recently become a hot topic in research and policy circles, given the heightened prominence of the technology. But as AI […]
Go back up

The European Sting – Critical News & Insights on European Politics, Economy, Foreign Affairs, Business & Technology – europeansting.com