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The forces of liberalism, free trade and globalisation that have had – and continue to have – such an overwhelmingly positive impact on our world, that have harnessed unprecedented levels of wealth and opportunity, that have lifted millions out of poverty around the world, that have brought nations closer together, broken down barriers and improved standards of living and consumer choice, forces that underpin the rules-based international system that is key to our global prosperity and security, are somehow at risk of being undermined.

Theresa May at Davos 2017: Her speech in full

By: EBR | Friday, January 20, 2017

Thank you Professor Schwab for that introduction, and thank you for inviting me to speak here at the World Economic Forum this morning

Considering the magnitude of the challenge we are facing, it is no less than a transformation of our economic model that is needed. The way we produce and consume raw materials, fossil fuel or gas, water, has to change. By going from a linear to a circular economy, we will be able to decouple economic growth from resources consumption and from greenhouse gases emissions.

How can we avoid a climate change catastrophe? Al Gore and Davos leaders respond

By: EBR | Thursday, January 19, 2017

Every month, it seems, we are confronted with fresh data that shines a light on the perilous state of our natural environment

The future is in clean, green energy. The question is whether we will get there before the world suffers serious climate disruption and what role we as a community will play. We should continue to push for appropriate policy, because history shows that government policy can be a powerful driver of research, development, and innovation, and because appropriate policies will be essential to future cities. We should work with the World Bank and International Monetary Fund to phase out perverse subsidies for fossil fuels, and support carbon pricing so that the external costs of fossil fuels are properly accounted, and oppose expanded fossil fuel infrastructure.

In a post-truth world, the fight against climate change is still winnable

By: EBR | Thursday, January 19, 2017

For anyone concerned about disruptive climate change, 2016 was a tumultuous year

After 38 years of reform and opening up, China has become the world’s second-largest economy. “China’s development is an opportunity for the world. China has not only benefited from economic globalization but also contributed to it,” he said.

China’s Xi Jinping defends globalization from the Davos stage

By: EBR | Wednesday, January 18, 2017

China’s President Xi Jinping defended economic globalization in his first speech to the World Economic Forum at Davos

Since the election, he has sought to use Taiwan as a bargaining chip in negotiations with China. Adding a conflict over the island’s status to this mix could have very unpredictable results. After its experience of the nineteenth and early twentieth centuries China is very sensitive to western ’humiliations’, and to threats to its raw material supply lines.

Beware clashes of big-power nationalisms in 2017 – with Europe stuck in the middle

By: EBR | Tuesday, January 10, 2017

2017 will see the clash of big-power nationalisms, triggered by Donald Trump’s forthcoming inauguration as the 45th President of the United States

Last month, the National Development and Reform Commission (NDRC) – the country’s economic planner – stated, as part of its plan to boost solar capacity by five times, that solar will receive 1 trillion yuan of spending.

China to invest $361 billion into renewable power by 2020

By: EBR | Tuesday, January 10, 2017

World’s largest energy market looks to move from coal towards cleaner energy in order to battle hazardous smog

The coming year will be a critical test for all stakeholders in global society. More than ever, we will need responsive and responsible leadership to address our collective challenges, and to restore people’s trust in institutions and in one another. We do not lack the means to make the world a better place. But to do so, we must look past our own narrow interests and attend to the interests of our global society.

Five leadership priorities for 2017

By: EBR | Wednesday, January 4, 2017

As the past year has demonstrated, leaders must be responsive to the demands of the people who have entrusted them to lead, while also providing a vision and a way forward, so that people can imagine a better future.

Bill Gates said in a statement on Sunday night: “I am honoured to work along with these investors to build on the powerful foundation of public investment in basic research... Our goal is to build companies that will help deliver the next generation of reliable, affordable, and emissions-free energy to the world.”

Bill Gates launches Clean Energy Venture Fund

By: EBR | Wednesday, December 14, 2016

Microsoft Co-Founder Bill Gates has launched a $1bn fund to finance emerging clean energy technology to help reduce greenhouse gas emissions

Trump collected enough of the 270 state-by-state electoral votes needed to win a four-year term that starts on Jan. 20, taking battleground states where presidential elections are traditionally decided, U.S. television networks projected. Trump, appearing with his family before cheering supporters in a New York hotel ballroom, said it was time to heal the divisions caused by the campaign and find common ground after a campaign that exposed deep differences among Americans. ”It is time for us to come together as one united people,” Trump said. ”I will be president for all Americans.”

Trump defeats Clinton in stunning White House upset

By: EBR | Wednesday, November 9, 2016

Republican Donald Trump stunned the world by defeating heavily favored Hillary Clinton in Tuesday's presidential election, ending eight years of Democratic rule and sending the United States on a new path

The actions we take today could have profound impacts on the lives of future generations. Climate change requires not only national but global solutions. That is why governments cannot do this alone. I sincerely urge the international community to recognize and support Taiwan’s determination to gain meaningful participation in the UNFCCC and become part of the global climate network. We are willing to share our environmental protection experiences and contribute to international efforts.

Taiwan seeks to join fight against global warming

By: EBR | Monday, November 7, 2016

Global warming and the El Niño phenomenon have contributed to record-breaking temperatures and extreme weather events around the world. In July this year, the global average temperatures taken over land and ocean surfaces were the highest for any month in 137 years of record-keeping

Ms. Politkovskaya wrote accurately about human rights abuses in Chechnya and was known for her criticism of the policies of the Russian President and Government in the region.

Masterminds still not Brought to Justice

By: EBR | Monday, October 10, 2016

Ten Years after the Murder of Novaya Gazeta Journalist Anna Politkovskaya

Trukhavnov, a tireless anti-corruption campaigner, said one of the main tasks for Odessa, a major sea port in Ukraine, was to create industrial parks, strengthening the banks and shore of the Black Sea that runs through the city and an improved system of water purification. ”We have a bad ecological situation in Odessa that has to be addressed,” he noted.

Regional cooperation is the ”way forward”, says Ukraine mayor

By: EBR | Monday, October 10, 2016

Regions and cities in Europe can help tackle the current crisis in the EU, according to the Mayor of Odessa. Gennadiy Trukhavnov was in Brussels on Thursday for a series of high level meetings with his Brussels counterpart and senior EU officials

The Paris Agreement will enter into force by COP22

By: EBR | Friday, October 7, 2016

The European Parliament has voted to ratify the Paris Agreement, crossing the final threshold to allow the Paris Agreement to enter into force.

The result has been greeted as a resounding show of support for the president with the European Parliament saying it will ”respect” the result of the poll, which addressed 29 constitutional amendments. An 11-strong delegation of MEPs was in the country to observer the referendum.

MEPs hail ”free, open and sound” referendum on constitutional changes in Azerbaijan

By: EBR | Wednesday, September 28, 2016

Senior MEPs have given their backing to sweeping new constitutional changes approved by the people of Azerbaijan. In Sunday's referendum, an overwhelming majority of the 69.7% turnout voted to allow the country's President Ilham Aliyev to extend his term of office from five-to-seven years

Only through continued participation in the ICAO Assembly and related meetings will Taiwan be in a position to gain insight into the latest developments of important ICAO-related issues, take appropriate measures, and contribute to international aviation safety and development.

Taiwan regrets that it has not been invited to the ICAO Assembly

By: N. Peter Kramer | Wednesday, September 28, 2016

The government of Taiwan let know that it deeply regrets that the President of the Council of ICAO, Olumuyiwa Benard Aliu, has not invited Taiwan to the 39th ICAO Assembly in Montreal despite the last precedent three years ago

Still, NATO seemed insatiable in its desire to expand its influence, even looking to Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan, and Uzbekistan, countries that are historically Russian satellites and far outside NATO’s traditional reach.

How Russia views the West

By: EBR | Tuesday, September 20, 2016

While the West clearly should not formulate its foreign policy with an aim to please Russia, it is in its best interest to understand the Russian point of view

Dilma Rousseff’s messy struggle for political survival and, most recently, the Zika outbreak added to the negative economic news, due to the down cycle in global commodities markets. As a result, the temporary enthusiasm about Brazil has vanished completely. Decades-old economic problems have moved back to center stage.In the current news environment that often ambles breathlessly from one negative pronouncement to the next, it is important to understand Brazil’s problems more fully.

Brazil: Like India or Ghana?

By: EBR | Thursday, September 15, 2016

Despite repeated high hopes for progress, it has been fifty years of unresolved economic problems in Brazil. Just a few days after the successful 2016 Olympic Games in Rio, the world’s attention was amply focused on Brazil

Prosecutors said they had frozen KGMI assets and stakes worth 3bn lei ($740m). The probe comes as part of a broader clampdown on corruption in Romania, which has seen high-ranking officials, including former prime minister Adrian Nastase, jailed for graft.

Energy partnership between Romania and Kazakhstan ”vital” for EU energy policy

By: EBR | Monday, August 22, 2016

The EU’s efforts to diversify its energy and keep Romania as one of only five EU countries with output greater than 1 Mt per year risks being thrown into reverse by the authorities in Bucharest "aggressively" pursing a prosecution against the country's second largest producer, it has been claimed

Both candidates are clearly facing a serious image problem. Never before voters had a bigger aversion to both presidential candidates since 1960 according to data of researcher Gallup, the Wall Street Journal published recently.

The battle between Hillary Clinton and Donald Trump

By: EBR | Monday, August 22, 2016

Two and a half months to go for the ticket into the White House. Polls are looking tough for Trump and, being once a favorite Trump topic at his boisterous campaign rallies, are now a sore subject

ADF 2016: Religion, Migration, Power + Money

By: EBR | Thursday, August 18, 2016

European Business Review (EBR) magazine is proud to partner once again with The New York Times Athens Democracy Forum (ADF) 2016: a week-long selection of spectacular events under the Acropolis lights.

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EU Actually

Ukraine may buy for 6 billion euros Chinese drones with EU money

By: N. Peter Kramer

In his weekly column, N. Peter Kramer writes about the Ukraine buying for 6 billion euros drones in China with EU money. Is it a threat for Taiwan?

Europe

Diplomacy intensifies over Cyprus

United Nations secretary-general envoy Maria Angela Holguin will be in Brussels on Wednesday for meetings seen as important to European Union preparations for a possible revival of Cyprus reunification talks ahead of an expected visit by Secretary-General Antonio Guterres to Cyprus next week.

Business

How Much Pressure Can European CEOs Take?

There was a time when the job of the CEO was difficult but relatively clear: grow the business, beat the competition, manage costs, satisfy shareholders, inspire employees and avoid major reputational mistakes. That world has disappeared.