This article is brought to you in association with the European Commission. With initial funding of €6 million in 2024, the EU will help civil protection authorities of EU Member States, EU Civil Protection Mechanism Participating States, and Georgia and Kosovo[1] to bolster their capacity to achieve the Disaster Resilience Goals. Today, the European Commission launches a […]EU and World Bank create new facility to strengthen capacity of civil protection in Europe
March 1, 2024 by Leave a Comment
This article is brought to you in association with the European Commission. With initial funding of €6 million in 2024, the EU will help civil protection authorities of EU Member States, EU Civil Protection Mechanism Participating States, and Georgia and Kosovo[1] to bolster their capacity to achieve the Disaster Resilience Goals. Today, the European Commission launches a […]Q&A with World Bank President Ajay Banga: My priorities ahead of Davos 2024
January 10, 2024 by Leave a Comment
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. https://open.spotify.com/embed/episode/7aezewV678YXNaGrIx0Dem https://cdn.jwplayer.com/players/ktrTqlj5-ncRE1zO6.html Ajay Banga, the President of the World Bank and member of the World Economic Forum’s Board of Trustees, spoke to Forum Founder and Executive Chairman Klaus Schwab ahead of the Forum’s Annual Meeting 2024. Here are some […]Recession risks re-ignited by banking crisis, World Bank warns of ‘lost decade’ of growth, and other economy stories you need to read this week
April 3, 2023 by Leave a Comment
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Ian Shine, Senior Writer, Forum Agenda 1. Banking crisis sparks recession fears Recession risks have been re-ignited by the recent banking collapses and rescue deals, and there are now concerns that global growth will weaken as the crisis heralds […]The World Bank: How the development bank confronts today’s crises
March 6, 2023 by 3 Comments
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Efrem Garlando, Community Specialist, International Organizations and Humanitarian Agenda, World Economic Forum A coming change in leadership at the World Bank has put the development bank back into headlines—and has sparked conversation about the institution’s efforts to confront 21st […]World Bank warns global economy could tip into recession in 2023 – and other economy stories you need to read this week
January 13, 2023 by Leave a Comment
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 World Bank’s 2020 country classifications explained
August 4, 2020 by Leave a Comment
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Sean Fleming, Senior Writer, Formative Content Seven countries have moved into a higher income bracket in the World Bank’s latest country classifications. Three have fallen. This year’s groupings could change radically once the effects of the pandemic are […]European Commission and World Bank Group renew agreement to strengthen development cooperation
July 9, 2020 by Leave a Comment
This article is brought to you in association with the European Commission. The European Commission and the World Bank Group have today signed a Financial Framework Partnership Agreement, which guides the terms under which the Bank Group will use funding from the European Union to implement development projects across the world. Building on the partners’ longstanding […]Joint OECD and World Bank report urges governments to improve resilience to disasters and related fiscal risks
May 20, 2019 by Leave a Comment
This article is brought to you in association with OECD. Rapid economic development and climate change are increasing our vulnerability to natural disasters, and a new joint OECD-World Bank report calls for pro-active management of the financial costs of those disasters before they strike. Released during the annual OECD Forum in Paris, Fiscal Resilience to Natural Disasters estimates that natural […]Lessons from dealing with the collapse of Lehman Brothers
January 25, 2019 by Leave a Comment
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Gideon Moore, Firmwide Managing Partner, Linklaters 2018 marked the tenth anniversary of the collapse of Lehman Brothers – the emblematic event of the global financial crisis, and one whose ramifications are still being felt across the world. As legal […]Robots aren’t stealing all our jobs, says the World Bank’s chief economist
January 14, 2019 by Leave a Comment
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Sean Fleming, Senior Writer, Formative Content The job market has not been heavily impacted by the rise of automation and artificial intelligence (AI) – not yet, at least. Despite dire predictions of wide-reaching job losses, the World Bank’s chief […]OECD, UN Environment and World Bank call for a radical shift in financing for a low-carbon, climate-resilient future
November 29, 2018 by Leave a Comment
This article is brought to you in association with OECD. The OECD, UN Environment and World Bank Group today called on leaders of G20 countries to do more to enable a radical shift of investment into low-carbon, climate-resilient infrastructure as a way to limit the impact of climate change. Delivering a new report, Financing Climate Futures: […]“An open China brings opportunities to Europe”, a Sting Exclusive by China’s Ambassador to EU
November 6, 2018 by Leave a Comment
This article was exclusively written for The European Sting by the Ambassador Extraordinary and Plenipotentiary and Head of Mission of the People’s Republic of China to the European Union, Mr Zhang Ming, on the occasion of China International Import Expo. The opinions expressed in this article belong to the distinguished writer. Sixty years ago, the first major World […]What we can learn from Asia’s courts of the future
November 5, 2018 by Leave a Comment
This article is brought to you thanks to the strategic cooperation of The European Sting with the World Economic Forum. Author: Viva Dadwal, Senior Fellow, University of Ottawa Centre on Governance & Mark BeerPresident, International Association for Court Administration Technology has already transformed the way in which commerce and trade flow around the world. Will our courts be able […]How this one change can help people fight poverty
August 9, 2018 by 1 Comment
This article is brought to you thanks to the strategic cooperation of The European Sting with the World Economic Forum. Author: Leora Klapper, Lead Economist, Development Research Group, World Bank Nearly 800 million people globally live in extreme poverty, estimates the World Bank. Africa is home to more extremely poor people than all other regions combined. Most of the […]5 amazing schools that will make you wish you were young again
July 10, 2018 by Leave a Comment
This article is brought to you thanks to the strategic cooperation of The European Sting with the World Economic Forum. Author: Emma Charlton, Writer Ever wish you could revisit your youth? These schools will make you want to be a student again. As well as offering beautiful, architect-designed spaces, they house a mind-boggling array of facilities, from teaching gardens […]Trump ostracized by his party and world elites but still remains in course; how can he do it?
October 13, 2016 by Leave a Comment
Four weeks ahead of the American Presidential elections day of 8 November, and the campaign of the Republican Party and its candidate Donald Trump is in unseen before havoc. Most prominent Republicans in one way or another have undermined the prospects of their own contester to win. It’s pretty clear by now that the establishment […]COP21 Breaking News: “There is an ecological debt that the world needs to pay back to Africa”, French President Francois Hollande promises 2 Billion euros by 2020 from Paris
December 2, 2015 by Leave a Comment
The President of the French Republic, François Hollande, organized a summit – “The Climate Challenge and African Solutions” on Tuesday, 1 December from 9:30 to 11:30 in the side-lines of COP21. This summit brought together twelve African Heads of State, the Chairperson of the African Union Commission, and representatives of several governments and international institutions […]Macro-Financial Assistance: Europe’s way to control Ukraine?
June 20, 2014 by Leave a Comment
The European Commission (EC) paid out €500 million to Ukraine on Tuesday, a financial support to be the first loan tranche of the second Macro-Financial Assistance (MFA) programme of the EU. While the crisis in Ukraine is still raging and the need for economic reforms is more crucial than ever, the EU is adding to International […]European Employment Forum 2013 and not European Unemployment Forum 2014
November 24, 2013 by 1 Comment
The time had come for Europe’s most prestigious event on Employment and the European Sting was there as official media partner of the European Employment Forum 2013. Given that raging European unemployment is one of the most burning issues that our policy makers need to tackle urgently and sufficiently, all eyes were on the Crowne […]
