Leading online global travel service provider, Trip.com Group, is driving the ongoing recovery of travel at the prestigious World Economic Forum (WEF). Trip.com Group Chief Executive Officer, Jane Sun, attended the in-person forum held in Davos, Switzerland that brings together leaders from government, business, and civil society to address the state of the world and discuss priorities for the year ahead. Continue reading
Category Archives: Economy
Global economy 2023: why there will still be plenty of pressure on food prices in the year ahead
John Hammond, University of Reading and Yiorgos Gadanakis, University of Reading
Welcome to this special report on the food industry, the fourth instalment in our series on where the global economy is heading in 2023. It follows recent articles on inflation, energy and the cost of living.
World Cup 2022: who won the prize for ‘soft power’?
Simon Chadwick, SKEMA Business School and Paul Widdop, University of Manchester
After four weeks, 64 games and more than a decade of controversy, Argentina has won the Fifa men’s World Cup in Qatar. And as Lionel Messi and his teammates celebrate victory over France, another competition has also reached its conclusion – the battle for “soft power”.
Global economy on the brink of a recession amid several headwinds
Facing an unprecedented mix of challenges, the global economy is facing a sharp deterioration of growth. After 2023, the picture is slightly better, as we expect that current actions of central banks and normalisation of supply chains help to alleviate price pressures. Continue reading
The whole world is facing a debt crisis – but richer countries can afford to stop it
Patrick E. Shea, University of Glasgow
Countries across the world are drifting towards a debt crisis. Economic slowdowns and rising inflation have increased demands on spending, making it almost impossible for many governments to pay back the money they owe.
Stagwell’s (STGW) National Research Group Launches Annual ‘Capstone Series,’ First-of-its-Kind Exploration into the Culture, Content and Technology Driving Emerging Markets
National Research Group (NRG), a global insights leader at the intersection of technology, content and culture, launched its “Capstone Series,” a first-of-its-kind exploration into the culture, content and technology driving leading-edge global growth markets. NRG is part of Stagwell (NASDAQ: STGW), the challenger network built to transform marketing. In partnership with SBI Media, a Lagos, Nigeria-based media agency and part of Stagwell’s Global Affiliate Network, NRG kicked off the series with “Exploring Nigeria,” a future-leaning view into the technology, culture and entertainment trends shaping the Nigerian landscape. Continue reading
Women turn to sex work to survive UK cost-of-living crisis
- Surging household costs take heavier toll on women
- Sex workers see earnings shrink as clients stay away
- Newcomers at risk from lack of information, support
LONDON – Online sex worker Martha blames Britain’s cost-of-living crisis for her dwindling earnings – partly due to increased competition as soaring household bills push more women to sell sex. Continue reading
Will South Africa’s street vendors go bust in a cashless world?
Kim Harrisberg Published: October 12, 2022
- Digital payments on the rise in South Africa
- People without mobile phones, bank accounts excluded
- Calls for innovation to include informal economy
JOHANNESBURG – For more than a decade, musician Thomas Nhassavele has been busking next to the parking payment machine at Johannesburg’s Rosebank Mall, where drivers often dropped their change into his guitar case. Continue reading
Four ways to reduce your household energy use – proven by research
A particularly cold September has given us a glimpse of the winter to come. The cold will bite hardest for the 13% of England’s households that are already in fuel poverty. As the energy crisis intensifies, this is expected to rise further.
Social factors and geopolitical tensions are the major cause of disruption in the mining sector, with ESG the top focus
ESG issues, geopolitics and climate change are the top three risks/opportunities facing mining and metals companies over the next 12 months, according to global mining leaders surveyed for the 15th edition of the EY Top 10 Business Risks and Opportunities for mining and metals in 2023. Continue reading
