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 […]

The global economy is under pressure — but how bad is it? Two experts share insights

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Spencer Feingold, Digital Editor, World Economic Forum The global economy is under pressure from multiple complex and interconnected crises. These challenges—which include inflation, climate change, the war in Europe, supply chain disruptions and the COVID-19 pandemic, to name a […]

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? […]

Central banks slow down interest rate rises: What you need to know about the global economy 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. Interest rate rises slow down – but more still to come The US Federal Reserve (Fed), European Central Bank (ECB) and Bank of England all slowed the pace of their interest rate […]

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 […]

Inflation’s paradigm shift, explained

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Matthew Blake, Head of Shaping the Future of Financial and Monetary Systems, World Economic Forum, Spencer Feingold, Digital Editor, World Economic Forum The global economy is under attack from an insidious force: inflation. How entrenched in the psyches […]

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 […]

Here’s what you need to know about the global economy in 10 articles from the Forum

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Tom Crowfoot, Senior Digital Marketing Apprentice, Formative Content 1. How to prepare for a new economic reality and protect the most vulnerable – experts explain The Forum’s latest Chief Economists Outlook Report suggests a global recession is “somewhat […]

Fed raises rates again: What you need to know about the global economy this week

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Joe Myers, Writer, Formative Content This weekly wrapper brings you the latest stories from the world of economics and finance. Top economy stories: US raises interest rates again; IMF cuts global growth forecasts; Australian inflation hits 21-year high. […]

Investing in education could add $2.54 trillion to the global economy: ‘Playful learning’ is key

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Bo Stjerne Thomsen, Chair, Learning through Play, The LEGO Foundation When education was massively disrupted by COVID-19, many children were already facing disruption posed by climate change and the Fourth Industrial Revolution. To enable children to thrive, society […]

EU exports boosted thanks to stronger implementation and enforcement of trade deals and global rules

This article is brought to you in association with the European Commission. Effective implementation and enforcement of EU trade agreements and international trade rules have added €5.4 billion to EU exports in 2020. This confirms that European Commission efforts are paying off. Tangible results range from the elimination of trade barriers to addressing unfair trade practices […]

Images from space could bolster the global economy – here’s how

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 Data collected from space can help countries tackle issues like water scarcity and food security. Free and openly accessible earth observation data is already being used to predict crop yields and measure […]

Chart of the Day: This is how the $88 trillion global economy is spread around the world

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 Before COVID-19, the global economy stood at $88 trillion. But the pandemic has seen growth forecasts revised downwards and economies go into recession. In 2019, the United States had the biggest slice […]

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 […]

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 […]

Historian Niall Ferguson on what the pandemic means for the global economy, geopolitics – and parties

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Charlotte Beale In January, Niall Ferguson warned his readers to “brace yourself for a coronavirus pandemic”. The economic historian has been a vocal critic of early complacency in the face of uncertainty around the virus, and a supporter […]

Global economy faces gravest threat since the crisis as coronavirus spreads

This article is brought to you in association with OECD. The coronavirus Covid-19 presents the global economy with its greatest danger since the financial crisis, according to the OECD’s latest Interim Economic Outlook. Covid-19 is spreading from China to other regions causing human suffering and economic disruption. It is raising health concerns and the risk of […]

This digital currency could build a more sustainable global economy

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: John Liu, chief product officer, Fusion Foundation & Peter Lyons, Senior Adviser, Emerging Technologies, Lapa Capital Whether we are talking about trade and investment or banking and payments, stablecoins and the technology underlying them will be the building […]

5 trends in the global economy – and their implications for economic policymakers

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Klaus Schwab, Founder and Executive Chairman, World Economic Forum & Saadia Zahidi, Managing Director; Head of the Centre for the New Economy and Society, World Economic Forum The Global Competitiveness Report 2019 is a much-needed economic compass, building on […]

OECD warns global economy remains weak as subdued trade drags down growth

This article is brought to you in association with OECD. Global growth slowed sharply in late 2018 and is now stabilising at a moderate level. Escalating trade conflicts and dangerous financial vulnerabilities threaten a new weakening of activity by undermining investment and confidence worldwide, according to the OECD’s latest Economic Outlook. The global economy is expected to […]

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 […]

The global economy is woefully unprepared for biological threats. This is what we need to do

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Ryan Morhard, Project Lead, Global Health and Healthcare Industries, World Economic Forum Geneva If you found yourself in Liverpool in the late 18th century it wouldn’t have been entirely unexpected to witness a fire, threatening stocks of tobacco, sugar […]

How trade wars pose a threat to the global economy

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Pamela Coke-Hamilton, Director, Division on International Trade and Commodities, United Nations Conference on Trade and Development (UNCTAD) In a year defined by retaliation and counter-retaliation, resulting in a trade impasse between the United States and China, more than half […]

We could be sleepwalking into a new crisis. How should the business world prepare?

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Alison Martin, Group Chief Risk Officer, Zurich Insurance Group The World Economic Forum has released its annual Global Risks Report (GRR), which in particular highlights: – We will need to find new ways of practicing globalization that respond to […]

How energy infrastructure is shaping geopolitics in East Asia

This article is brought to you thanks to the strategic cooperation of The European Sting with the World Economic Forum. Author: Miyeon Oh, Director and Senior Fellow of the Asia Security Initiative, Scowcroft Center for Strategy and Security, Atlantic Council Large-scale, cross-border energy infrastructure connects states in long-term relationships. A choice of a pipeline route or a decision about […]

How transparency can help the global economy to grow

This article is brought to you thanks to the strategic cooperation of The European Sting with the World Economic Forum. Author:  Alex Konanykhin, CEO, TransparentBusiness Countries around the world spend an estimated $9.4 trillion a year on procurement – 15% of global GDP. Indeed, UN figures estimate that public procurement can account for 15-30% of GDP for many countries. […]

The two big uncertainties shaping our future

This article is brought to you thanks to the strategic cooperation of The European Sting with the World Economic Forum. Author: Olivier Woeffray, Project Lead, Knowledge Networks and Analysis, World Economic Forum Geneva When we think about the future, most of us try to predict it by extrapolating from a wide range of assumptions that we make about today. […]

The global economy isn’t working for women. Here’s what world leaders must do

This article is brought to you thanks to the strategic cooperation of The European Sting with the World Economic Forum. Author: Winnie Byanyima, Executive Director, Oxfam International These are restless, exciting and frightening times to be a woman. Every day brings a rousing success or a crushing setback in our fight for equal rights. In May, after decades of […]

Beware the fragility of the global economy

This article is brought to you based on the strategic cooperation of The European Sting with the World Economic Forum. Author: Alberto Gallo, Portfolio Manager and Head of Macro Strategies, Algebris Investments Quantitative easing (QE) saved us from the 2008 crash and kick-started a recovery, but also encouraged a build-up of one-sided risk in the financial system. Are markets […]

IMF – World Bank meetings: US – Germany clash instituted, anti-globalization prospects visualized

This year’s annual meetings of the IMF – World Bank Group in Washington D.C., which kicked off on Thursday 6 October, turned out to be an all out financial war of words between the United States and Germany. In the middle of it stands the battered Deutsche Bank. For a start, there was a confrontation […]

Are the G20 leaders ready to curb corporate tax-avoidance?

Last Monday, the G20 meeting in Hangzhou – the capital of China’s eastern Zhejiang province – the first gathering of the 20 world leaders to be held in the vast country, was not marked by the determination to face up to economic misery and the pitiless wars in Syria, Libya, South Soudan, Yemen, Mali and […]