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The market capitalization of Europe’s largest electricity utilities declined nearly 40% from 2008 to 2013, providing a vivid example of what happens when decision-making goes astray. In this regard, the establishment of initiatives such as Climate Action 100+ and Powering Past Coal Alliance offer mechanisms for governments and investors to work together

How revealing the cost of coal makes us all better off

By: EBR | Friday, December 7, 2018

Knowledge is power, they say. If true, why not spy on the economics and financials of electricity generation infrastructure, given that the taxpayer and consumer are paying for it

A survey by PwC showed that business leaders around the world named cyber threats as a top concern. The Forum's Global Risks Report for 2018 also reported that large-scale cyberattacks and data breaches would be increasingly likely amid rising cyber-dependency

3 ways business leaders can build digital trust

By: EBR | Friday, November 30, 2018

The year 2018 has seen a steady shift in cybersecurity and privacy matters: from the back office to the front office, from the tech section to the front page, and from the IT department to the boardroom

We continue to rely on outdated methods of hiring, rooted in an earlier age. Like many business operations, we bolt on more processes rather than examining the larger system and rebuilding it to meet our current needs. We are still hiring as if work consisted of repetitive tasks when the core competency most jobs require, whatever the skill level, is critical thinking

Hiring is broken. Here’s how to fix it

By: EBR | Friday, November 30, 2018

Hiring has not altered much since the early days of the 20th century. Despite all of the advances in technology, it costs over £30,000 to replace a staff member and takes nearly 30 days

Its study pinpoints the top 10 global risks for Eurasia in 2019 as being: Escalation of the confrontation between China and the US; full-scale expansion of trade wars; the Great War in the Middle East; further degradation of relations between Russia and the West; “defrosting” of hotspots in Eurasia; growth of separatism and ethno-confessional conflicts and intensification of environmental and water challenges. Strengthening and evolution of cyber threats; the beginning of a new arms race and risk of major nuclear and technological disasters complete the list

World faces economic slowdown, spiraling conflicts in 2019

By: EBR | Thursday, November 29, 2018

The world faces major crises in 2019 with escalation of military-political confrontation and trade wars, humanitarian tragedies and environmental disasters, according to a study by 30 top global experts

Green parties are winning elections across Europe on a forward-looking message of an open Europe. Their agenda, including the need to combat climate change, holds particular appeal to Europe’s millennials but also to a silent majority in the middle which is fed up with the lacklustre messages from Europe’s mainstream politicians, whether from the traditional right or the left

Brexit, Black Pete and Bannon are testing Europe - but can't defeat it

By: EBR | Tuesday, November 27, 2018

It’s been a turbulent and troubling year. Noisy and cantankerous, full of hate and fear. Lies and insults abound. We’re exhausted. But prepare for even more trouble ahead

The conflict in Yemen, the Arab world’s poorest country and home to an estimated 28 million people, began with the 2014 takeover of the capital Sanaa, by Houthi rebels, who toppled the internationally recognised government of President Abd-Rabbu Mansour Hadi

Could peace plan(s) Middle East succeed in 2019?

By: EBR | Tuesday, November 27, 2018

Next month there will be peace talks in Sweden about Yemen. There has been a civil war for more than three years. The US Defense Secretary Mattis said that "in early December" a delegation of the Houthi rebels and the government will make their appearance in Sweden

The advice for Central and East European diplomats to branch out of the region seems to run against the grain of EU coalitions: most are regional. The Benelux countries team up with one another when they need to get things done in the EU. So do the South Europeans. When the Central and East Europeans’ interests align, such as on inferior foods, it makes sense for them to stick together

Time for Central and East Europe to break out of their bubble

By: EBR | Tuesday, November 27, 2018

Europe’s newest member states can do much more to shape the debate in the EU. Forging alliances with their Western counterparts would be a first step

Today’s global risks need global solutions. But the requisite trust is tragically broken. Global shifts require just transitions. To restore trust and reform globalization, we need to rebuild the foundations of the global economy with a new social contrac

Globalization 4.0 must build a better world for working people

By: EBR | Friday, November 23, 2018

Globalization is no longer assured as the world's people circle the wagons. They're looking for cover, looking for protection, getting ready to defend themselves from corporate and authoritarian power

India has shown that the right structural reforms and strong macroeconomic stability can be pivotal for a country in improving its investment climate. The economy appears to have recovered from the temporary disruptions caused by the demonetization exercise, as well as by the introduction of the GST. While its GDP growth rate dropped below 7% in the fiscal year 2017, it has since recovered to 7.3% in 2018

How to future-proof India’s economy

By: EBR | Friday, November 23, 2018

Steady and resilient growth performance by multiple Asian economies has led to the centre of gravity of global geopolitics shifting towards Asia

One thing is certain though: AI and machine learning are already part of our daily lives; from ordering groceries via Alexa to Netflix suggesting a film or TV show we might like. It’s a global market that is growing exponentially. Global business value derived from AI is forecast to be $1.2 trillion in 2018, and $3.9 trillion in 2022, according to Gartner

This AI outperformed 20 corporate lawyers at legal work

By: EBR | Friday, November 23, 2018

Technology is revolutionizing the work we do and how we do it. Increasingly, artificial intelligence (AI) and robots are taking over menial and repetitive tasks, leaving humans to concentrate on work that requires critical thinking

Because traditionally the positions described above were about collection, processing and analysis of information, production of knowledge or insights and distribution to the higher echelons or customers. What you need on top of that are also management, strategy, cunning, timing, awareness and cross-domain expertise, so that all these skills combined make a person a strong information machine to rival an AI

#ManageCompetition - A Recipe for Global Success in Strategic Competition Times

By: EBR | Wednesday, November 21, 2018

Global strategic competition times demand strategic answers, actions and frameworks. Basically, we need a new, efficient, recipe to help, if not guarantee, success in the new international normal, shaping the global ecosystem and its dynamics

“We are confronting a bullying enemy. We have to stand to win,” Rouhani stated. Trump has been called a bully and far worse many times. It is, however, unclear who will emerge as the winner from this bitter confrontation. There is the possibility that in Iran President Rouhani and his reformist government are among the casualties, with the hardliners and conservative clerics emerging as winners

Could the U.S. sanctions on Iran bring a regime change?

By: EBR | Tuesday, November 20, 2018

An armed conflict is not about to break out, but the punitive US measures can certainly be seen as a declaration of economic war against his country

Merkel ducked these issues. As she prepares to bequeath her leadership, it’s not certain that any of her contenders are ready to move the debate into the realm of strategy

Germany's next Chancellor

By: EBR | Tuesday, November 20, 2018

Angela Merkel’s successor needs to promote a strategic culture that will prepare the country—and Europe—for new, shifting alliances caused by globalization, digitization, and China

The sorry aftermath of the Arab Spring of 2011 is testimony to this. Although not directly responsible for the popular uprisings that swept autocrats from power in a number of countries, the EU now rues its failure to harness them to help create a peaceful new order in the Middle East

Here' s an EU peace plan for the Middle East - not new, but four centuries old

By: EBR | Tuesday, November 20, 2018

The EU's foreign policies are at best a work in progress, and at worst a joke. Getting so many member governments to agree to common positions on highly sensitive international issues has rightly been described as akin to herding cats

IPCC gives a strong warning that the sum of all the national commitments made by (most of) the governments, will not lead to limiting global warming to even the upper limit of 2°C. More radical measures need to be taken, they need to be taken soon and obviously, the USA should rejoin the global consensus as soon as possible

IPCC is clear: without major societal changes extreme global warming cannot be prevented

By: EBR | Monday, November 19, 2018

Early October the Intergovernmental Panel on Climate Change (IPCC) presented an alarming report on what is needed to achieve the objectives of the Paris Agreement on limiting climate change

During each phase of globalization, technology has played a defining role in shaping both opportunities and risks. As the Fourth Industrial Revolution drives a new phase of globalization – “Globalization 4.0” – here are five things we can learn from looking backwards, and forwards, at the impact of technology

The Fourth Industrial Revolution is driving Globalization 4.0

By: EBR | Friday, November 16, 2018

Globalization and technology are intimately intertwined. The movement of people, goods and ideas is accelerated and broadened by new forms of transport and communication

The 2008-09 global financial crisis almost bankrupted governments and caused systemic collapse. Policymakers managed to pull the global economy back from the brink, using massive monetary stimulus, including quantitative easing and near-zero (or even negative) interest rates

The next economic crisis could cause a global conflict. Here's why

By: EBR | Friday, November 16, 2018

The next economic crisis is closer than you think. But what you should really worry about is what comes after: in the current social, political, and technological landscape, a prolonged economic crisis could well escalate into a major global military conflict

By connecting a bank account in any bank with a mobile phone number, Swish has become a popular way to share a restaurant bill, distribute pocket money to children, collect money for a birthday gift at the office and to pay for goods at street markets. Settlement takes place with the help of the Riksbank’s real time gross settlement system

Why Sweden's cashless society is no longer a utopia

By: EBR | Friday, November 16, 2018

The Swedish retail payment market is rapidly moving away from using cash. The outstanding value of cash in circulation has dropped to 1% of Swedish GDP

“Mrs. Obama wanted to make her tour as accessible as possible,” Tara Traub, senior vice president of Live Nation Touring said in a statement. “The Live Nation team also knew the demand for her tour would be extraordinary. For these reasons, we knew an arena tour would maximize the number of people who will be able to join this unforgettable conversation with the former first lady

Michelle Obama blasts President Trump in her book ‘Becoming’

By: EBR | Wednesday, November 14, 2018

The former first lady, Michelle Obama is rolling out her new titled ‘Becoming’ with exactly the sort of fanfare we’ve come to expect from the Obama’s’ 13-city book tour and touchy-feeling arena interviews by celebrating moderators

Transnational crime is on the rise. Law enforcement agencies worldwide can only be effective against this trend where there are strong ties and efficient cooporation. It is for this reason that Taiwan must be allowed observer status in the International Criminal Police Organisation (INTERPOL)

Taiwan’s INTERPOL participation as observer will make the world safer

By: EBR | Tuesday, November 13, 2018

Taiwan’s exclusion from the organisation has continued for 34 years. The nonsensical policy is politically-motivated and can only hamper the fight against international crime on Taiwanese soil and across the world

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EU Actually

Guterres: the one and a half Celsius is dead

N. Peter KramerBy: N. Peter Kramer

On the eve of the UN climate conference COP30 in Brazil, the word was finally out.

Europe

Disunited European Parliament calls off EU budget rebellion

Disunited European Parliament calls off EU budget rebellion

"The Commission’s proposals are quite good and meet our demands," said EPP MEP Herbert Dorfmann, while sources close to the file said centre-left S&D lawmakers were unhappy with the suggestions.

Business

China to loosen chip export ban to Europe after Netherlands row

China to loosen chip export ban to Europe after Netherlands row

Beijing has said it will loosen a chip export ban it imposed after Dutch authorities took over Nexperia, a Chinese-owned chipmaker based in the Netherlands.

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