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This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Neville Lai, Vice-Curator, Hong Kong Hub, World Economic Forum, Wai-Hong Tang The world seems to be ready for re-globalisation. Socioeconomic life is gradually returning to normal. International travel and trade are catching up to pre-COVID-19 levels and governments worldwide […]
This article is brought to you in association with the European Commission. Today, the European Commission proposes to support over 800 dismissed workers in Sardinia, Italy. These 801 people include 611 former Air Italy workers and 190 former workers of Porto Canale in Cagliari, who lost their jobs as a consequence of restructuring and globalisation. The […]
If billions of EU penalties on American icon companies and U.S. super tariffs on European cars are strong and aggressive trade weapons, then yes the EU and the U.S. are at all out economic war. As in all wars, the difficult or even impossible thing is to predict its end. Unavoidably, there will be victims […]
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 […]
During this week in Brussels there was a lot of talk about Europe’s industrial competitiveness. The Competitiveness Council, part of the Council of the European Union, is currently meeting in Brussels, on September 26-27, for the first time formally under the Lithuanian Presidency. This Council brings together the EU ministers responsible for the single market, […]
In the years of globalisation, free movements of capital, goods and to a lesser degree of labour, have raised exponentially citizen’s wellbeing in our western economic volume and not only. This achievement has to be totally credited, to the opening of national markets to international competition. At the same time though globalisation has created new opportunities […]
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