ILO: As job losses escalate, nearly half of global workforce at risk of losing livelihoods The latest ILO data on the labour market impact of the COVID-19 pandemic reveals the devastating effect on workers in the informal economy and on hundreds of millions of enterprises worldwide. GENEVA (ILO News) – The continued
Tag: global
What 5G will bring to the global economy?
It is not an easy time to be an internationalist, to seek global solutions to global problems amid what feels like one of history’s periodic inclinations toward divisiveness. Yet, ironically, we’re on the verge of a new age of inter-connectivity, when the daily lives of people across the planet will be
Global Economy: 10 Predictions in 2019
he global economy started 2018 with strong, synchronized growth. But as the year progressed, momentum faded and growth trends diverged. The US economy accelerated, thanks to fiscal stimulus enacted early in the year, while the economies of the Eurozone, the UK, Japan and China began to weaken. These divergent trends
China is building 19 ‘Cluster Super-Cities”
Best countries and cities for attracting and developing talent
When it comes to making a country, a city or an organization competitive, there’s an essential ingredient – people. For the last six years, the Global Talent Competitiveness Index (GTCI) has ranked countries and major cities on their ability to attract, develop and retain talent. TCI is an annual benchmark report
Jack Ma quotes on management, technology and globalization
In Davos at the World Economic Forum, Jack Ma, Alibaba's founder and Executive Chairman spoke openly and at length about some of the key challenges facing the world, delivering a stream of perspectives and guidance. Here are Jack Ma quotes from his speech. On the impact of technology "We are very lucky
EC: Spring 2016 Economic Forecast
Nov2015 ECB Financial Stability Review: Risks rise outside euro area
he euro area financial system has been resilient through occasional bouts of financial market volatility in the second half of the year, according to the ECB’s latest Financial Stability Review. The twice-yearly report highlights that the likelihood of an abrupt rise in global risk premia has become more pronounced as
2016 EU budget draft – response to migrant crisis
n agreement was reached on the 2016 EU budget under extraordinary circumstances as the world witnessed the attacks in Paris. The EU institutions have taken their responsibility by concluding a deal well ahead of the deadline. Before finalising the agreement, negotiators observed a minute of silence for the victims of
EC adopts its position ahead of the World Humanitarian Summit 2016
he European Commission has adopted its position paper for the World Humanitarian Summit 2016 calling for "A global partnership towards effective humanitarian action". The Commission has adopted a Communication 'Towards the World Humanitarian Summit: A global partnership for principled and effective humanitarian action'. The Communication sets out the EU's strategic vision
Antitrust: Maritime summit EU-USA-China
epresentatives from the maritime regulatory authorities of the European Union, the People’s Republic of China and the United States met today in Brussels to discuss antitrust and regulatory issues in maritime transport. The delegates confirmed their renewed intention to cooperate on these matters. Hosted by the European Commission's Directorate-General for
2016 EU budget draft: jobs, growth, migration and global action
he Commission proposed a 2016 EU budget of €143.5 billion in payment credits to support the recovery of the European economy and help improve lives in Europe and beyond. The money will be invested to boost innovation, create jobs, help convergence among Member States and among regions, deal more effectively