Børge Brende, 56, has headed the World Economic Forum, headquartered in Geneva, since 2017. The former foreign minister of Norway has very good international contacts. This week, for the first time in two years, the annual meeting of the international World Economic Forum will take
Tag: economy
World Economic Forum calls for Marshall Plan for Ukraine – Economy
Børge Brende is President of the World Economic Forum. He explains why the event has to take place in these times and wants to organize an international aid campaign for Ukraine.
Interviewed by
Caspar Buses
… Read more
Top Management: Firms Ignoring Women Are Harming Themselves – Economy
You emphasize the value of the family, but in the large German family businesses, it is above all men who rule. That has to change, not only, but also for economic reasons.
comment by
Elizabeth Dostert
It will take 58 years until there is parity in the 100 largest German family businesses, i.e. there are as many women as men on the executive boards and management boards. At least if they keep up the pace of the past two years.
Food crisis: Economy calls for rethinking German development policy
food crisis
Economy calls for rethinking German development policy
A farmer works in the field as part of a Trees for the Future forest garden project in Kaffrine, Senegal. The organization runs projects in Senegal, Chad, Mali and Gambia together with the African Union. Photo: Xaume Olleros/Trees for the Future/dpa
© dpa-infocom GmbH
A food crisis is now threatening worldwide as a result of the Russian war of aggression. German business is watching Chancellor Scholz’s visit to Africa with interest.
Baby food: US company Abbott apologizes – economy
The largest US infant formula maker, Abbott, has expressed regret at the dramatic shortages following the shutdown of one of its factories. “We’re sorry for every family we’ve let down since our voluntary recall exacerbated our country’s baby food shortages,” Abbott CEO Robert Ford wrote in a commentary published Saturday Washington Post. Nevertheless, one believes that the recall was correct. “We will not take any chances when it comes to children’s health.”
Ford announced measures to overcome the bottlenecks.
Travel: This is how vacationers recognize fake ratings – Economy
Of
Sonja Salzburger
Anyone who books a trip online usually invests a lot of time. According to studies, it takes an average of eight hours to search for and compare offers, browse through travel blogs and, of course, read lots of reviews from other holidaymakers – a whole working day. It’s all the more annoying when the supposedly “light-flooded, modern hotel room” turns out to be dark and old in reality, the food advertised as “delicious and varied” doesn’t taste
Shares – Dax is recovering – economy
With its measures to support the economy, the Chinese central bank caused more optimism on Europe’s stock markets at the end of the week. However, price losses on Wall Street slowed the recovery, so that the dax failed to maintain its initial gains of 2 percent. The leading German index ended the trading session with a price premium of 0.7 percent to 13,982 points. China lowers a key long-term borrowing rate benchmark. The authorities are trying to boost the housing
Hartz IV sanctions: “What kind of senseless law is that?” – Economy
Of
Alexander Hagelüken, Helena Ott and Paulina Würminghausen
Tanja Röder still has a lot to swallow when she remembers. That was in 2016 when she was sanctioned. She was afraid of the job center from the start, explains the 52-year-old: “This huge gap when someone has absolute power over you.” The contact with the authority, which is supposed to help the unemployed, ended traumatically for her, at least that’s how she describes it. She ended up on the street.
Tesla – Musk denies allegations of harassment – Economy
The Tesla boss describes reports that he is said to have sexually harassed a flight attendant on a private jet as “absolutely untrue”. He suspects attacks to prevent his Twitter deal. However, money is said to have flowed.
Tesla boss Elon Musk has denied allegations of sexual harassment as “completely untrue”. The news portal Business Insider had reported the billionaire sexually harassed a flight attendant on a private jet in 2016. In 2018, Musk’s space company Space-X paid $250,000 to
Goldman Sachs Says Crypto Decline Will Have Limited Impact on US Economy
Worries about broader market conditions and the collapse of TerraUSD (UST) have sent people fleeing the area. cryptocurrency This has raised fears that a drop in market prices could hurt the US economy.
But, according to a research paper Goldman Sachs led by Joseph Briggs sent to its clients, any impact of the crypto market on US spending could be negative. Very small, because “the recent decline has been very small compared to the net worth of US households.”
Cryptocurrency … Read more
Commodities and foreign exchange – oil prices rise moderately – economy
At the end of the week, oil prices only rose moderately. A barrel of North Sea Brent cost $113.10, 0.9 percent more than the previous evening, the price of the US variety West Texas Intermediate (WTI) advanced by 0.4 percent to $112.70. Market observers spoke of a breather after oil prices had risen significantly on Thursday evening with a general improvement in the mood on the financial markets. Oil prices had fluctuated significantly over the course of the week.
At
The Arte series “Is that art”: pressure to succeed, economy and commerce – media
The “market for outdoor sculptures” is growing the fastest, that’s why Alicja Kwade produces the goods in piecework. Kwade came to Berlin when he was 19 to study art. Now she is a superstar and employs 20 people and several forklifts in her workshop. Their steel constructions, on which heavy chunks of marble sit, are in such demand with international collectors that they can hardly keep up with the production.
Kwade is one of three artists participating in the Arte
Shares – fears of recession weigh on Dax – economy
Fears of a significant economic slump on both sides of the Atlantic are growing on the European stock markets. Investors fear that rising interest rates in the US and the war in Ukraine could hit the global economy hard. Of the dax slipped back below the 14,000 point mark on Thursday. At its peak, the leading index lost 2.3 percent. At the end of trading, it was still 0.9 percent lower at 13,882 points. The US stock markets had already
Foreign exchange and commodities – Euro and Swiss franc increase – economy
Speculations about an impending turnaround in interest rates in the euro area supported the euro on Thursday. The common currency gained one percent to $ 1.0580. Last Friday, it fell to its lowest level in more than five years at $1.0348. “Leading representatives of the European Central Bank (ECB) speak up almost every day to signal to the markets that they are ready to act in the face of high inflation,” commented analysts at LBBW. Many joined the now quite
How the Pandemic and the Ukraine War Changed Shopping – Economy
It’s worth taking a closer look at the “spaghetti monster”. This is what the online trade association BEVH calls the graphic that it has created for 2015 to date. It shows that the pandemic and the Ukraine war have changed German consumer behavior more than any other external influence in previous years. You can see how consumers suddenly demand a lot of certain goods online and then completely change their mind. Especially since the outbreak of the corona pandemic, things
Negotiations between Verdi and dbb: what daycare workers are getting now – economy
Municipal daycare workers and other employees in social professions can look forward to more money and free time. In the collective bargaining dispute between the municipal social and educational services, an agreement was reached late Wednesday evening: the Verdi union and the civil servants’ association dbb agreed with the municipal employers on additional days off and monthly allowances for the approximately 330,000 employees.
With the breakthrough, further warning strikes in the municipal public social and educational services were averted for
Davos 2022: Without snow and without Russia – economy
Of
Isabel Pfaff, Berne
More than 20 degrees, sun, hardly any clouds. The weather promises to be great in Davos on Sunday, and while that may not come as a surprise given the time of year, weather conditions like this are a first for the opening day of the World Economic Forum (WEF). Actually, winter coats, thick boots with tread and long underpants are part of the world-famous meeting at a good 1500 meters, which was last attended by around
EU wants to peddle reserves of emissions trading – economy
On the way to independence, the EU doesn’t want to make a mess, it wants to make a big splash. She wants to invest 210 billion euros in order to get rid of energy imports from Russia as quickly as possible, from Russian gas, oil and coal. The Europeans should use energy much faster, much more efficiently, and they should build many more wind turbines and solar cells much faster. A good plan so far – but it has a
Bavaria: Gloomy forecasts from the economy – Bavaria
The Bavarian Chamber of Industry and Commerce (BIHK) expects a recession in Germany and an increase in the inflation rate to ten percent. Food could even become 15 to 20 percent more expensive. “It will have to go up massively,” said BIHK President Klaus Josef Lutz on Thursday in Munich.
According to the BIHK economic survey, many companies are “still largely satisfied” with their current business situation, but business expectations have collapsed, especially in industry and construction. “In view of
Kita: educators get more money and free time – economy
Municipal daycare workers and other employees in social professions can look forward to more money and free time. In the collective bargaining dispute between the municipal social and educational services, an agreement was reached late Wednesday evening: the Verdi union and the civil servants’ association dbb agreed with the municipal employers on additional days off and monthly allowances for the approximately 330,000 employees.
With the breakthrough, further warning strikes in the municipal public social and educational services were averted for
Women in Family Businesses: Still the Big Exception – Economy
German family businesses like to present themselves as places of diversity. Many have them Diversity Charter signed. However, when it comes to women, things are fairly monotonous on boards, management boards and supervisory bodies. The Allbright Foundation came to this conclusion in a study. “Standstill” is the result in one word: “Family businesses don’t get women into management.” Two years ago, Allbright conducted the analysis for the first time. “We were really shocked that nothing had improved at all,” says