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This article is brought to you in association with the European Commission. Today, the European Commission has concluded that three German measures in favour of Ryanair and the Frankfurt-Hahn airport are incompatible with EU State aid rules. Germany must now recover the incompatible aid, including interest. The Commission has also found in separate decision that other public funding measures for Frankfurt-Hahn […]
This article is published in association with IMF. Paula Arias, Robin Koepke Some higher risk countries still face high costs for selling foreign-currency denominated debt to investors after major central banks raised interest rates Capital flows to emerging market and developing economies went through several boom-bust cycles in recent decades, often partly driven by external developments […]
This article is published in association with United Nations. The global trend for shrinking pay packets in heavily industrialized economies could be driven – at least temporarily – by tech innovations in the workplace such as automation and AI, the UN International Labour Organization, ILO, said on Wednesday. “Global labour income share, which is the proportion […]
This article is published in association with United Nations. The human rights situation in Nicaragua has “seriously deteriorated” over the past year, following arbitrary arrests, mistreatment of detainees, attacks on Indigenous people, and intimidation of political opponents, according to a UN human rights office (OHCHR) report released on Tuesday. Human rights violations in Nicaragua have been […]
This article is published in association with IMF. The Editors Beyond benchmark measures like employment, growth, and inflation, economics encompasses the full spectrum of humanity. It affects—and reflects—everyone. Central bankers may be most acutely aware of this, as well as the high cost for people should they falter in charting the policies to keep prices stable […]
This article is brought to you in association with the European Commission. Today, as part of its ongoing anti-subsidy investigation, the European Commission has disclosed to interested parties the draft decision to impose definitive countervailing duties on imports of battery electric vehicles (BEVs) from China. This draft decision reflects the comments received from interested parties on […]
This article is published in association with IMF. Fiscal rules have come under a range of criticism in recent years in the UK and elsewhere. In general, the argument of critics has been that they encourage sub-optimal economic policy-making. For example, they have been blamed for forcing countries into counterproductive austerity to not enforcing fiscal sustainability […]
This article is published in association with United Nations. The UN World Health Organization (WHO) on Thursday raised the response to the mpox outbreak in over a dozen African countries to the highest level, mobilizing efforts across the agency. The continent is witnessing an “unprecedented” spike in mpox cases since January, with 15 countries reporting outbreaks. […]
This article is published in association with United Nations. Despite obstacles, Cameroon maintains immense potential to foster social change and promote civic engagement in their upcoming 2025 and 2026 elections, stressed the UN High Commissioner for Human Rights Volker Türk on Wednesday at the end of a two-day visit to the country. “Cameroon today faces multiple […]
This article is published in association with United Nations. Wars are never gender neutral and Gaza is further evidence of this as some one million women and girls bear “the worst brunt” of nine months of conflict, the UN Women Special Representative in the Occupied Palestinian Territory said on Thursday. “They are losing their lives, they are […]
This article is published in association with European Investment Bank. The European Investment Bank (EIB) and the University of Camerino have signed a €22 million finance contract with the main goals of supporting the expansion, renovation and modernisation of the university’s campus, bringing it into line with the highest teaching, research and environmental sustainability standards. In concrete […]
This article is brought to you in association with the European Commission. Today, the Commission has given a positive assessment for the first regular payment of close to €4.2 billion under the EU’s Ukraine Facility, to support Ukraine’s macro-financial stability and the functioning of its public administration. Once adopted by the Council, this decision will bring […]
This article is published in association with United Nations. The UN health agency and partners are helping treat many of those injured during Saturday’s deadly airstrikes by Israeli forces on Gaza’s Al Mawasi area which have reportedly left at least 90 dead and around 300 injured, according to figures from the war-torn enclave’s health ministry. The […]
This article is published in association with European Investment Bank. The European Investment Bank (EIB) is providing a promotional loan of €425 million to German automotive supplier ZF Friedrichshafen AG. The funds will enable ZF to invest a total of €1.3 billion in research and development of innovative technologies for braking and steering systems, actively shaping the switch to software-defined […]
This article is published in association with United Nations. Mali, Burkina Faso and Niger’s decision to pull out of the Economic Community of West African States (ECOWAS) “even as terrorism and transnational organized crime remain a pervasive threat”, will be damaging to regional relations all round, said the UN’s top official in the region on Friday. […]
This article is published in association with United Nations. At least 25 million people have been caught up in the humanitarian crisis in the Democratic Republic of the Congo (DRC) where a neglected health emergency continues to unfold at an alarming rate, the UN health agency said on Friday. For decades, conflict in the mineral-rich eastern […]
This article is published in association with United Nations. Three senior humanitarians appealed on Friday for more support for Haiti, where ongoing gang violence in the capital, Port-au-Prince, is affecting the entire population. Although the crisis has sparked immense needs, a nearly $680 million humanitarian plan launched in February is less than a quarter funded. “It is very clear for many people of Haiti […]
This article is brought to you in association with the European Commission. The European Commission has approved, under EU State aid rules, a €122 million Lithuanian measure to support AB Achema in decarbonising its fertiliser production processes. The measure will contribute to the achievement of the EU Hydrogen Strategy, the European Green Deal and the Green […]
This article is published in association with United Nations. More Israeli evacuation orders in Gaza are further threatening the health of people in the embattled enclave, the Director-General of the World Health Organization (WHO) said during a media briefing in Geneva on Thursday. WHO chief Tedros Adhanom Ghebreyesus told journalists the Al-Ahli and Patient Friendly Hospitals in northern […]
This article was exclusively written for The European Sting by Mr. Pratik Sarangi, a medical student at Vardhman Mahavir Medical College, New Delhi, India. He is affiliated with the International Federation of Medical Students Associations (IFMSA), cordial partner of The Sting. The opinions expressed in this piece belong strictly to the writer and do not necessarily reflect IFMSA’s […]
This article is published in association with European Investment Bank. The European Investment Bank (EIB) and Banca Sella have signed a €100 million financing agreement to support investments and the working capital and liquidity needs of small and medium businesses (SMEs) and mid-caps, focusing in particular on product and process innovation and projects in cohesion regions. Underpinning […]
This article is brought to you in association with the European Commission. The European Commission has today raised €9 billion of EU-Bonds in its 7th syndicated transaction for 2024. The dual-tranche transaction concerned a new €5 billion bond due on 5 October 2029, and a €4 billion tap of the EU-Bond maturing on 5 October 2054. […]
This article is published in association with IMF. Data Gaps Initiative helps policymakers better understand the environmental impact of economic activities and the effectiveness of climate policies Jim Tebrake, Francien Berry, Darja Milic As economies worldwide strive to reduce emissions and achieve sustainable growth, reliable data is crucial. It forms the foundation for informed decision-making, guiding […]
This article is brought to you in association with EBRD. The European Bank for Reconstruction and Development (EBRD), International Finance Corporation (IFC) and Capital Bank of Jordan (CBoJ) are supporting sustainable tourism in Jordan by providing an US$ 81 million financing package for the development of Ayla Marina Village, which is part of the Ayla Oasis […]
This article is published in association with United Nations. Bombing continued overnight into Thursday in Gaza where some of the tens of thousands of people uprooted in response to Israeli evacuation orders have had to turn back after finding nowhere to shelter, UN humanitarians reported. “Thousands are sheltering in UNRWA schools…and government buildings,” the UN agency […]
This article is published in association with United Nations. The UN’s top human rights official on Wednesday underscored the need for free and open debate in Venezuela as the country prepares to hold Presidential elections later this month, and local, regional and legislative polls next year. UN High Commissioner for Human Rights Volker Türk reported increasing […]
This article was exclusively written for The European Sting by Ms. Alexandra Lourenço, a fourth-year medical student at the University of Beira Interior, in Portugal. She is affiliated with the International Federation of Medical Students Associations (IFMSA), cordial partner of The Sting. The opinions expressed in this piece belong strictly to the writer and do not necessarily reflect […]
This article is published in association with European Investment Bank. The European Investment Bank (EIB) and Madrid’s Empresa Municipal de Transportes (EMT) have signed a €50 million loan to finance the expansion of EMT’s zero-emissions bus fleet, boosting support for sustainable urban public transport. The project includes the purchase of 250 electric buses and 10 hydrogen buses […]
This article is brought to you in association with the European Commission. Today, the Commission has published the second report on the State of the Digital Decade, providing a comprehensive overview of theprogress made in the quest to achieve the digital objectives and targets set for 2030 by the Digital Decade Policy Programme (DDPP). This year, […]
This article is published in association with United Nations. Ongoing heavy fighting in northern Gaza has now forced an estimated 84,000 people to flee eastern Gaza City in a matter of days, while also cutting off access to a key aid distribution hub, UN humanitarians said on Monday. The exodus from Gaza City’s eastern Shujaiya district […]
This article is published in association with United Nations. Two women from the troubled Carrefour-Feuilles neighborhood in Haiti’s capital Port-au-Prince have shared their traumatic experiences of rape, contracting HIV, and despairing thoughts of suicide, after multiple forced displacements amid widespread gang violence. Displacements in this Caribbean country have reached record levels, with nearly 600,000 people forced […]
This article is brought to you in association with the European Commission. Today, the Commission announced the results of the 2024 Erasmus+ call for the European Universities initiative, which provides support to alliances of higher education institutions. With today’s results, 14 new European Universities alliances are joining the 50 previously selected alliances and will receive up […]
This article is published in association with United Nations. With just six years remaining to reach the Sustainable Development Goals (SDGs), global progress is alarmingly insufficient, with a mere 17 per cent of the targets currently on track, according to a new UN report released on Friday. The 2024 Sustainable Development Goals Report highlighted that nearly […]
