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From the global economic slowdown and climate change to the cost-of-living crisis and high debt levels: there is no easy way to cut through it. Added to this are geopolitical tensions that have made it even more difficult to address vital global issues.

3 ways we can tackle fragmentation where it matters most, according to the IMF

By: EBR | Monday, January 30, 2023

As policymakers and business leaders gather at the World Economic Forum in Davos, they are facing a Gordian knot of challenges

South Korea has signed major deals providing hundreds of tanks, aircraft and other weapons to NATO member Poland since the war began, but South Korean President Yoon Suk-yeol has said that his country’s law against providing arms to countries in conflicts makes providing weapons to Ukraine difficult.

NATO’s chief urges South Korea to step up military support for Ukraine

By: EBR | Monday, January 30, 2023

NATO Secretary-General Jens Stoltenberg urged South Korea to increase military support to Ukraine, citing other countries that have changed their policy of not providing weapons to countries in conflict after Russia’s invasion

The biggest fraud cases from around the world

By: EBR | Friday, January 27, 2023

While Jordan Belfort and Bernie Madoff make for appealing Hollywood characters, they all too often appear red-faced in real life court rooms

Still, instead of thinking about whether Davos is failing, it might be better to consider ways to fix it. As it is now, one can hardly expect the culprits to come up with solutions to the problems they caused themselves.

The problem with Davos is… Davos itself

By: EBR | Thursday, January 19, 2023

After years of gatherings debating ‘market-based solutions’ to financial crises, climate doom, and slowing economic global growth, it’s clear that Davos cannot solve the problems its elites keep creating

"What looks very possible, however, is that Turkey, with a foot in both camps, emerges as a much more important actor."

When the Ukraine war ends, the winner will be...Turkey

By: EBR | Wednesday, January 18, 2023

The hardening military stalemate in Ukraine is leading to consensus that neither side is likely to claim victory

More than 50 heads of states, international organisations and business leaders are meeting in the Swiss Alpine resort of Davos this week for the 2023 meeting of the World Economic Forum.

In Davos, activists warn against climate inaction and greenwashing

By: EBR | Tuesday, January 17, 2023

As oil and gas executives rub shoulders with government leaders in Davos this week, activists have raised concerns about the risk of greenwashing and further delays in climate action

SMEs account for more than 90% of businesses and more than 50% of employment worldwide, yet their participation in international trade is limited. This is a particularly large concern in developing economies.

Why supporting SMEs is critical for global trade stability and a more inclusive economy

By: EBR | Tuesday, January 17, 2023

The confluence of recent extraordinary events such as the COVID-19 pandemic and Russia’s invasion of Ukraine has simultaneously created obstacles and opportunities for small businesses

The new year is going to be “tougher than the year we leave behind,” IMF Managing Director Kristalina Georgieva said.

Global economy faces tougher year in 2023, IMF’s Georgieva warns

By: EBR | Monday, January 2, 2023

For much of the global economy, 2023 is going to be a tough year as the main engines of global growth – the United States, Europe and China – all experience weakening activity, the head of the International Monetary Fund said

Transport workers and their unions, with the support of voters across fifteen countries, are calling for action on six demands: safety, sustainability, corporate accountability in supply chains, the future of work, equality and rights.

How transport can drive economic and social progress in a world on the brink of recession

By: EBR | Monday, January 2, 2023

Transport workers move the world. The COVID-19 pandemic shone a spotlight on this

Earlier, Australia kicked off the celebrations with its first restriction-free New Year’s Eve after two years of COVID disruptions. Sydney welcomed the New Year with a typically dazzling fireworks display, which for the first time featured a rainbow waterfall off the Harbour Bridge.

World welcomes 2023 and leaves a stormy year behind

By: EBR | Monday, January 2, 2023

The world welcomed the new year with a packed party in Times Square and fireworks soaring above European capitals

The court ruled that the scheme did not breach the UN’s Refugee Convention or human rights laws, despite civil society groups arguing that it denies the human right to seek asylum.

The UK’s Rwanda court win perpetuates migration doom loop

By: EBR | Thursday, December 22, 2022

Shock and dismay were the reaction of civil society groups to the ruling by the High Court in London earlier this week that the UK government’s plan to deport migrants to Rwanda is lawful

The European Union has been courting Taiwan, a major semiconductor producer, as one of the “like-minded” partners it would like to work with under the European Chips Act unveiled in February.

Taiwan seeks quick progress on long-stalled EU investment deal

By: EBR | Tuesday, December 20, 2022

Taiwan wants progress to be accelerated on a long-stalled bilateral investment agreement with the European Union

Recent cross-country analysis by the OECD shows labour shortages have been on the rise in a number of advanced economies. A number of policy options can be considered to make jobs more attractive to workers, these experts say.

Central banks slow down interest rate rises: What you need to know about the global economy this week

By: EBR | Monday, December 19, 2022

The US Federal Reserve (Fed), European Central Bank (ECB) and Bank of England all slowed the pace of their interest rate rises this week, but indicated that the hiking cycle is far from over

It also called on countries to “ensure and enable that by 2030 at least 30% of terrestrial, inland water, and coastal and marine areas” are effectively conserved and managed.

Draft UN nature deal calls to protect 30% of planet by 2030

By: EBR | Monday, December 19, 2022

A UN nature deal proposed calls to protect at least 30% of the planet by 2030 and asks rich countries to stump up $30 billion in yearly aid for developing nations to save their ecosystems

The EU is in danger of making a similar blunder, within the context of the EU-ASEAN relationship, with a little known (outside of industry circles) but potentially explosive issue: the EU’s forthcoming directive on corporate sustainability due diligence.

A missed opportunity on the EU-ASEAN Summit

By: EBR | Wednesday, December 14, 2022

The EU and ASEAN need each other to counterbalance the geopolitical rivalry playing out between China and the United States

All ships transporting goods to and from the EU will be taxed on their emissions from 2024.

How can the shipping industry reduce emissions?

By: EBR | Monday, December 12, 2022

IMO member states have agreed in principle to adopt a basket of measures to accelerate decarbonization, including putting a price on carbon emissions, but these still need to be finalized

According to a new study published by the Association for International Affairs, the EU lacks a coherent approach to protecting science and research from Chinese espionage.

EU academia accepts Chinese money in return for know-how

By: EBR | Thursday, December 1, 2022

China provides EU scientists with money in return for the outcomes of their research, experts focusing on Chinese influence in Europe warn, highlighting the risks associated with handing over dual civil-military technologies that could be used to modernise Beijing’s military or suppress human rights

The research, commissioned by the Partnership for Health System Sustainability and Resilience (PHSSR), highlights the need for Governments around the world to address weaknesses in healthcare services which leave countries exposed to crises and increase the economic, social and environmental impact of disease.

Governments urged to invest in healthcare systems despite global economic uncertainty

By: EBR | Monday, November 28, 2022

There is an urgent need to invest in healthcare systems to build resilience against future crises and the growing burden of disease, according to new research presented at a Global Summit