The world is facing a $15 trillion infrastructure gap by 2040. Here’s how to bridge it

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Anita George, Senior Director of the Energy and Extractives Global Practice, World Bank & Rashad-Rudolf Kaldany, Partner; Chief Investment Officer, BlueOrange Capital The leaders of the international community will gather in Washington DC this week to assess the state […]

Energy Union: EU invests a further €800 million in priority energy infrastructure

This article is brought to you in association with the European Commission. Energy Union: EU invests a further €800 million in priority energy infrastructure Today EU Member States voted on a Commission proposal to invest almost €800 million in key European energy infrastructure projects with major cross-border benefits. The EU funding comes from the Connecting Europe […]

Infrastructure around the world is failing. Here’s how to make it more resilient

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: John P. Drzik, President, Global Risk and Specialties, Marsh LLC Persistent underfunding of critical infrastructure worldwide is hampering economic progress, and exposing businesses and communities to significant risks. Existing physical and digital infrastructure are under stress from population growth […]

The EU Commission vies to screen Chinese investment in Europe

Last week, Jean-Claude Juncker, the head of the powerful European Commission, the executive arm of the European Union, announced a plan to screen foreign investments. The idea is to hold back or even effectively block business acquisitions or other investment plans financed by third country companies, in key sectors allegedly considered to be sensitive from […]

No hard drivers in sight to remodel the stagnating affairs of the EU

It’s a tautological statement to say that the euro area is an economy which barely moves ahead, towards producing more jobs and incomes for the tens of millions of the unemployed and materially deprived. However, it seems that it’s worse than that. Mario Draghi, the President of the European Central Bank, said it plainly in […]

Eurozone: Even good statistics mean deeper recession

One after the other the main indicators of Eurozone’s economic health are deteriorating slowly but surely. Even positive statistical findings, like the March Euro area surplus in international trade of goods, having reached a record €22.9 billion, if looked more closely reveal a deepening recession of the internal economy, while the rest of the world […]