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economy
Automotive Industry at a Crossroads – Slovenia Prepares Necessary Measures
The significant changes, challenges, and ambitious goals in the automotive industry, which we recently wrote about, could lead to far-reaching consequences. The Slovenian Minister of Economy convened a meeting with representatives from the automotive industry, business associations, and trade unions,…
EBRD and Sparkasse Bank Makedonija Support Small Businesses in North Macedonia
The European Bank for Reconstruction and Development (EBRD) is supporting the green economy in North Macedonia by providing a EUR 23 million loan to Sparkasse Bank Makedonija (SMB) for on-lending to local micro, small and medium-sized enterprises (MSMEs). The loan…
Global SUV Sales Set Another Record in 2021, Setting Back Efforts to Reduce Emissions
As the global economy has recovered strongly this year, car sales have rebounded too. Globally, they are set to grow by 4 percent in 2021, according to the auto industry tracker MarkLines, reaching close to 80 million and making up…
What Are the Biggest Risks to Business? New Data Shows Climate Concerns Are Rising
An overly simplistic view of global economics has fuelled climate denial and skepticism for decades. Some opponents of climate change mitigation policies argue that achieving any progress would require an impossible retrofitting of our economy and result in lower profits…
The Next Wave – How to Beat Future Pandemics
Ebola, SARS, Zika, HIV/AIDS, West Nile fever and now COVID-19. These are some of the highest-profile diseases to emerge in the last several decades. And while they emerged in different parts of the world, they have one thing in common.…
Don’t Pursue Economic Growth at Expense of Environment – Report
Pursuing economic growth at the expense of the environment is no longer an option as Europe faces “unprecedented” challenges from climate chaos, pollution, biodiversity loss and the overconsumption of natural resources, according to a report from Europe’s environmental watchdog. Europe…
How Global Tourism Can Be More Sustainable
One of the world’s biggest economic activities, tourism drives wealth, employment, and regional development. In 2018, international tourist arrivals reached 1.4 billion, while total export earnings from international tourism reached USD 1.7 trillion, or almost USD 5 billion per day…