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The World Economic Forum, the International Organization for Public-Private Cooperation, today opened the Centre for the Fourth Industrial Revolution Japan alongside inaugural partners Hitachi, Horiba, Mitsubishi Chemical Holdings, Salesforce, Sompo Holdings and Suntory Holdings.

Japan to take lead in Fourth Industrial Revolution, opens emerging Technology Policy Centre in Tokyo

The World Economic Forum, in partnership with METI and API, opened the Centre for the Fourth Industrial Revolution Japan to create new technology policies that benefit all Founding centre partners

The globalisation of business and finance opened up opportunities to make corrupt profits in fast-growing emerging economies. Industries that often need official involvement, such as natural resources and infrastructure, are particularly lucrative targets. There are contracts to be awarded and development projects that need official approval. And the money for bribes can always be deposited offshore.

Corruption thrives in a globalised world

Has corruption become more common? Or simply easier to expose

Organizers of this summer’s World Cup in Russia have predicted that the total economic impact of the tournament could be as high as $30.8 billion by 2023. The anticipated effect is created by spending on construction and general investment. Indeed, the case is often made that hosting a World Cup, or any other major sporting event, can boost a nation’s economy by attracting tourists, initiating important infrastructure projects and showcasing countries and cities as good places to do business. But the costs of achieving those noble goals appear to outweigh the economic benefits they produce. Why?

Does hosting a World Cup make economic sense?

"Among all unimportant subjects", said Pope John Paul II, "football is by far the most important"

What we don’t have is a lot of time. I urge world leaders to muster and exercise the political will to achieve these goals, to invest in ocean solutions and to encourage businesses and other stakeholders to join in. The G7 are meeting this week in Canada, and the ocean is on the schedule. I hope that the leaders of some of the world’s most powerful nations will seize this opportunity to take decisive steps to avert disaster. Addressing the following four key areas would help put us on track.

If we don’t protect the ocean, humanitarian disaster awaits

Overfishing and climate change threaten the vital food supply of more than one billion people

The US, for its part, has expended blood and treasure over the past nine decades to maintain its privileged place in these two regions. However, in a quest to balance Russia and China, and to prosecute a “war on terror,” its power and influence are diffused between NATO, Central Command and the recently renamed ‘Indo-Pacific’ Command, each with their own strategies and legacies.

The rebirth of Eurasia and the three factors that will shape its future

The “Indo-Pacific” is in the news

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