Category Archives: Economy

19Jan/23

CBI and Finastra survey shows UK SMEs face significant barriers to international trade

January 19, 2023EconomyCanvassing, Small and medium-sized enterprises, United Kingdomadmin

Research from the CBI and Finastra, canvassing the opinions of UK small and medium-sized businesses (SMEs), suggests that there’s a gap between the ambition of firms to trade internationally and the reality of doing so. While just 44% of businesses surveyed currently engage in international trade, only 23% said they were not interested in doing so. One third of respondents believe there’s potential value, but do not trade internationally due to perceived barriers and a lack of support. Continue reading

17Jan/23

Trip.com Group participates in World Economic Forum 2023, reaffirming crucial role of travel in global economy

January 17, 2023EconomyArticles, Ctrip, Davos, Jane Sun, Organizations, Switzerland, Trip, Trip.com, Trip.com Group, World, World Economic Forumadmin

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

09Jan/23

Global economy 2023: why there will still be plenty of pressure on food prices in the year ahead

January 9, 2023EconomyAgriculture, Argentina, Articles, China, Creative Commons, Egypt, Energy crops, Europe, Famine, Food and drink, Food industry, Food politics, Food prices, Food security, India, Inflation, John Hammond, Moscow, Pakistan, Pricing, Russia, Ukraine, United Kingdom, Wheat, Yemen, Yiorgos Gadanakisadmin

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.

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20Dec/22

World Cup 2022: who won the prize for ‘soft power’?

December 20, 2022EconomyArabian Peninsula, Argentina, Creative Commons, Doha, Emir, Emmanuel Macron, FIFA, FIFA World Cup, France, Geography of Asia, Germany, HYUNDAI, Japan, Jung Kook, Kylian Mbappé, Lionel Messi, Marie Kondo, Morocco, Palestinian Territories, Paul Widdop, Portugal, Qatar, Russia, Saudi Arabia, Simon Chadwick, Sofiane Boufal, Soft power, South Korea, Spain, Western Asia, Worldadmin

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”.

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13Dec/22

Global economy on the brink of a recession amid several headwinds

December 13, 2022Economyadmin

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

27Oct/22

The whole world is facing a debt crisis – but richer countries can afford to stop it

October 27, 2022EconomyArgentina, Asian financial crisis, Austerity, China, Creative Commons, Debt, Debt relief, Economy, Egypt, Financial crises, Financial crisis, Foreign exchange reserves, Ghana, International macroeconomics, International Monetary Fund, Kenya, Pakistan, Patrick E. Shea, Qatar, Russia, Saudi Arabia, SHUTTERSTOCK, Sri Lanka, Stock market crashes, Turkey, Ukraine, United Arab Emirates, United Nations Development Group, United States, Zambiaadmin

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.

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25Oct/22

Stagwell’s (STGW) National Research Group Launches Annual ‘Capstone Series,’ First-of-its-Kind Exploration into the Culture, Content and Technology Driving Emerging Markets

October 25, 2022EconomyBhutan Centre for Media and Democracy, Lagos, Manitoba Provincial Road 272, Nigeriaadmin

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

24Oct/22

Women turn to sex work to survive UK cost-of-living crisis

October 24, 2022EconomyAudrey Carradonna, Beatrice Tridimas, Claire Reindorp, Client, English Collective of Prostitutes, Human behavior, Human sexuality, Human trafficking, Laura Watson, London, Martha, Mastercard, Old Town, Prostitution, Runcorn, Service industries, Sex industry, Sex work, Sex workers' rights, Tess Herrmann, Thomson Reuters Foundation, Transgender sex worker, United Kingdom, Young Women's Trustadmin

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 →

17Oct/22

Will South Africa’s street vendors go bust in a cashless world?

October 17, 2022EconomyCashless society, Chantal Maritz, Digital currency, Economy, Finance, First National Bank, Ghana, JOHANNESBURG, Kenya, Kim Harrisberg, Lebogang Ramathoka, Michael Thomson, Money, Payment card, Payment systems, PricewaterhouseCoopers, QR code payment, South Africa, Thomas Nhassavele, Timothy, Yocoadmin

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 →

11Oct/22

Four ways to reduce your household energy use – proven by research

October 11, 2022EconomyArticles, Aurore Julien, Construction, Creative Commons, Energy, Energy conservation, Energy policy, Hanover, Heating, ventilating, and air conditioning, Home appliances, Plumbing, Robert Bodnar, S Energy, Shower, Shutterstock Energy, Temperature control, Thermostat, United Kingdom, Water heatingadmin

Aurore Julien, UCL

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.

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Category: Economy