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Technology is already moving at a pace that makes “climate-smart” decisions inevitable even if climate change is not a consideration for investment choices. The energy transition is already underway in many nations. Renewable energy options are out-competing incumbent supplies. Fossil fuel rich nations are not blind to this trend – Saudi Arabia, one of the world’s biggest oil producers, is aiming for “renewable energy installations, primarily of solar and wind, of 9.5 GW by 2023.” It is not just the power sector that is shifting. Transport technology changes are opening up the market for electrification of vehicles, changing the landscape for the future of travel. These new realities are politically relevant and are fundamental to the economic success of countries and the wellbeing of their citizens.

The US has ditched the Paris climate agreement - what does this mean for the rest of the world?

By: EBR | Friday, June 2, 2017

After just five months in power, the new President of the US has done it. He has ripped up the most powerful demonstration of collective and responsible global citizenship that the world has experienced in this century

It is one thing for Mr. Trump to lower the standards of what goes for American propriety. It is quite another for an all too compliant U.S. media to ape the man.

Trump’s new world order

By: EBR | Friday, June 2, 2017

Life in the age of Trump

For individuals, language can be a tool for success, and the index provides a guide. The range of benefits depends, inter alia, on the person’s country of origin and native tongue. In mature markets such as English-speaking Canada and United States, studies have shown that learning a second language can yield economic benefits. However, on a macro level, these benefits were mild, considering the time and energy costs. A much better case could be made for people born in developing markets or whose native tongue is less powerful who pick up English or another powerful language. Moreover, the true reward of learning a language is often not economic, but rather cultural and personal.

The world’s most powerful languages

By: EBR | Thursday, June 1, 2017

What leaders should know about English and other languages competing for global influence

The increasingly volatile international outlook also certainly demands stronger Asia-Europe cooperation. Whether it’s North Korea’s erratic nuclear conduct or violence in Syria, Asians and Europeans are equally concerned by the worsening global security situation and its impact on their own stability. Refugees, terrorism and violent extremism, as well as cybersecurity threats, test both Asia and Europe. Tensions in the South China Sea worry Europe, which depends on those sea lanes for a large percentage of its trade.

Summertime signals warmer EU-Asia ties

By: EBR | Tuesday, May 30, 2017

Perhaps it’s down to global uncertainties sparked by US President Donald Trump’s volatile policies

For economies that are still developing, the increase in the gap is also being driven by rising wage growth as these countries continue to industrialize. By 2050, the total gap is a predicted to be a staggering sum of $400 trillion – roughly five times the size of the global economy today.

5 things you need to know about the global pension crisis

By: EBR | Monday, May 29, 2017

At what age are you planning to retire? Do you have enough saved up to do so? Two simple questions, but the answers are not so simple

Taiwan’s absence from the WHO will create a serious fissure in the global health system and pose significant risks such as the spread of epidemics and food safety hazards. Therefore Taiwan urges the WHO, the European Union and its Member States to recognise the fact that Taiwan is an integral part of the global disease prevention system and that the 23 million people of Taiwan have an inalienable right to equal treatment in health.

Taiwan not invited for 70th World Health Assembly

By: EBR | Friday, May 19, 2017

While the 70th World Health Assembly (WHA) gears up to discuss global health issues and relevant policies in Geneva starting May 22, Taiwan, however, has not yet received an invitation from the World Health Organisation (WHO)

The Al-ljara structure is essentially Islamic finance’s version of a lease. Under an Al-ljara Sukuk, ownership of the asset is transferred to the bondholder and the asset is leased back to the issuer, with the bondholder charging a “rent” for use of the asset during the time period of the bond. At the end of the time-period, when the bond reaches maturity, ownership of the asset transfers back to the issuer.

What is Islamic finance?

By: EBR | Thursday, May 18, 2017

In April, Saudi Arabia issued its largest ever Sharia-compliant bond on the Irish Stock Exchange

Clearly, BRI is not just about helping others. The search for new engines for domestic Chinese economic growth is an important driver. China wants to boost growth in its western regions, which lag behind the well-developed east coast. Steel and cement are in oversupply and will be used in the BRI projects. There will be job creation for thousands of Chinese workers, as well as foreign nationals.

China’s Belt and Road blueprint augurs changed global order

By: EBR | Tuesday, May 16, 2017

Domestic quarrels and a distaste for global engagement may be the hallmarks of Donald Trump’s erratic presidency of the United States, but the world is moving on

“Youth are the nation. They will build it and rebuild it,” the artist and UNESCO Special Envoy told an audience in Durban, where he was speaking on the plight of South Sudan, a war-torn nation where the majority of people are under the age of 30. ”There is a passion and an energy that young people have that makes them a catalyst for change.”

1,000 global leaders just met in South Africa. Here’s what happened

By: EBR | Friday, May 12, 2017

The values of leadership and inclusive growth in Africa were writ large in a meeting that brought together over 1,000 leaders from more than 100 countries

Taiwan has invested over US$6 billion in international medical and humanitarian aid efforts that have benefited millions of people directly or indirectly in over 80 countries since 1996.

Photography exhibition launch “Leave No One Behind: World Health Security Needs Taiwan, Taiwan Needs the WHO”

By: EBR | Wednesday, May 10, 2017

The exhibition features a selection of photographs and films that portray the contribution of the Republic of China to medicine and public health around the world over many decades

The selection of the next WHO director-general is underway and a vote by member-states will take place this month in Geneva. The role of the new DG will be essential to driving change, both within the WHO and across the globe. The new DG must not only steer the WHO in urgent matters including pandemic preparedness, emerging health challenges and reform, but must do so in the context of a much broader view of the world in which the WHO is operating and while leading organisational and financial reform. Indeed, financing for the WHO is inseparable from a vision of its purpose and its relationship with its member states and stakeholders.

Health leadership in a multipolar world: A view from Europe

By: EBR | Tuesday, May 9, 2017

Europe is still the most powerful international player in global health. But in an increasingly multipolar world, where differences between the developing and developed health worlds are dissolving, the way we look at global health is outdated

With regards to the actions taken to the problem of space debris in Europe, the Space Situational Awareness (SSA) programme is on board since 2009 with three segments Space Weather (SWE), Near Earth Objects (NEO) and Space Surveillance and Tracking (SST) and aims to gain awareness on the situation in Space by tracking all the objects that constitute a potential threat. Through Space surveillance, it is possible to detect, catalogue and predict these objects on time and place with great accuracy. Using sensors, such as telescopes or radars, provide a powerful tool for the characterisation of the orbital debris environment and its route changes.

Space debris: the junk of global concern

By: EBR | Tuesday, May 9, 2017

Space is vast and feels untouchable yet more and more space debris is released into Earth orbit

Now comes the hard part: turning rhetoric into reality and commitment into progress. With the demand for an IFFEd well established, we are ready to bring the call for a mass mobilization of international finance for education to those who can make it happen. We will do so at the IMF-World Bank Spring Meetings this week, at the G20 summit in July, and at the United Nations General Assembly in September.

In 2050, Africa will be home to 1 billion young people

By: EBR | Friday, April 28, 2017

And they'll need educating

To illustrate with an example, the standard treatment for advanced lung cancer is chemotherapy. That gives patients an average of 10 more months. But if the cancer has a particular mutation, a targeted oral compound will give them 48 more months, on average. And 48 months of that oral therapy actually works out cheaper for the provider because they’re not dealing with, for example, costly hospitalizations resulting from the toxic effects of chemotherapy.

What will healthcare look like in 2030?

By: EBR | Wednesday, April 19, 2017

With so many novel therapies being developed, there has never been a more exciting time to be practicing medicine, says Dr Andre Goy, Chairman and Director, Chief of Lymphoma, John Theurer Cancer Center, Hackensack University Medical Center

The bidding process is another area of concern that needs immediate re-invention. The IOC ought to become more humble and strategically proactive. It should reach out to a limited number of properly screened candidates (hosts) and convince them to take up the mantle, promising assistance it will receive to prepare for and deliver the Games.

How to save the Olympic Games from extinction

By: EBR | Monday, April 10, 2017

Paris in ’24, LA in ’28, then go multi-city: The Olympic games needs a fix before it’s too late

“The choice of Taiwan was made not only with regards to its central geographic location and ease of operating logistics, but also considering its status of being the freest place in Asia in our annual Press Freedom Index ranking,” said Christophe Deloire, secretary-general of the Paris-headquartered group, also known by its French name Reporters sans Frontieres.

Reporters Without Borders select Taiwan for their Asian bureau

By: N. Peter Kramer | Monday, April 10, 2017

Taiwan is set to host the first Asian bureau of Reporters Without Borders, the Paris-based press freedom watchdog announced April 6

While large Latin American businesses often have distant major economies as their top export markets, SMEs – those engaged in international commerce – tend to trade more within the region. Easing barriers to regional trade and investment would help more SMEs follow in the footsteps of Grupo Arcor, which started in 1951 as a candy factory in Argentina’s Córdoba province and is today a multi-billion dollar company with production facilities across Latin America and sales to 120 countries.

As Western economies look inward, what’s the future for Latin American trade?

By: EBR | Thursday, April 6, 2017

Latin America’s economic downturn seems finally to have bottomed out. Positive, if modest, growth is forecast for this year. But as the region recovers from the end of the commodity super cycle, a new threat is weighing on growth prospects: protectionism and economic nationalism

In the US House of Representatives all 193 Democrats were against the Republican dismantling of Obamacare. If more than 22 Republicans would have vote against the plan for Trump Care would have been cancelled. But a number of Republicans in the House said Trumps proposal was still too expensive and looked too much like Obamacare.

Who’s to blame for cancelling Obamacare replacement bill?

By: EBR | Monday, March 27, 2017

At approximately the time that the US House of Representatives was supposed to vote on Speaker Paul Ryan’s Obamacare replacement bill, the American Health Care Act (AHCA), news broke that the vote again was cancelled

The present focus of our economic and political discussions seems to completely miss the mark. We have now a historic window of opportunity to shape technological breakthroughs, such as artificial intelligence and gene editing, in the service and for the benefit of humankind. We have two options. We can either fully use the opportunities of the Fourth Industrial Revolution to help lift humanity to new heights, or we can allow ourselves to be controlled by the forces of technology and end up in a dystopian world in which citizens will have lost their autonomy.

Klaus Schwab: We need a new narrative for globalization

By: EBR | Friday, March 24, 2017

The world is at a historic crossroads. Market extremism, often labelled neoliberalism, which has shaped our national and global policies for the past three decades, has become a toxic fuel for the stuttering engine for global growth

The report specifies that electric vehicles must become the predominant car type in 2050, liquid biofuel production must grow ten-fold and high efficiency all-electric buildings should become the norm.

Renewables can reduce CO2 emissions by 70% by 2050

By: EBR | Friday, March 24, 2017

Global carbon dioxide (CO2) emissions from the energy sector can be reduced by 70 per cent by 2050 and completely phased-out by 2060 with a net positive economic outlook – according to new findings

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EU Actually

Russia and China warn the EU about Euroclear billions

By: N. Peter Kramer

Russian Prime Minister Mikhail Mishustin went on a working visit to Cina. After a meeting with his Chinese colleague Li Qiang in the city of Hangzhou, an extensive press release was published yesterday.

Europe

Can the EU Meet the Trump Moment?

The second term of U.S. President Donald Trump is pushing Europeans to strengthen their capacity for collective action. But their biggest challenge comes from within: U.S.-backed radical-right parties that want to weaken the EU.

Business

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.