Business

China’s latest diplomatic move will extend its trade, energy, financial and maritime power

Jose Caballero, International Institute for Management Development (IMD) China’s billions of dollars in global investments and infrastructure projects seem to be paying off politically and economically. Just recently, Honduras signalled it is set to cut diplomatic ties with Taiwan, having been one of the few remaining countries to recognise the island as a state. This switch of allegiances would be …

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World Cup 2022: Qatar is accused of ‘sportswashing’ but do the fans really care?

Doha. All clean? Shutterstock/HasanZaidi Argyro Elisavet Manoli, Loughborough University Fifa’s choice of Qatar as host of the 2022 men’s football World Cup has been controversial since day one. Questions continue to be raised about the nation’s attitude to human rights, and its treatment of migrant workers. To some, the entire event exemplifies the concept of “sportswashing” – using sport as …

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Four scenarios for a world in disorder

David Bach, International Institute for Management Development (IMD) Chinese leader Xi Jinping’s recent speech to the Communist Party Congress could be one of the most consequential of the decade. He told the audience – and the world – that his economic growth-crushing zero-COVID policy is here to stay, and that Beijing is more determined than ever to reunify with Taiwan, …

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The whole world is facing a debt crisis – but richer countries can afford to stop it

Shutterstock/Immersion Imagery Patrick E. Shea, University of Glasgow Countries across the world are drifting towards a debt crisis. Economic slowdowns and rising inflation have increased demands on spending, making it almost impossible for many governments to pay back the money they owe. In normal times, those countries could simply take on new debt to replace the old debt. But international …

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How Turkey and Saudi Arabia became frenemies – and why the Khashoggi case could change that

Things between Saudi King Salman and Turkish President Erdogan have become rather tense. AP Photo/Burhan Ozbilici Nader Habibi, Brandeis University The Oct. 2 disappearance of Saudi Arabian journalist Jamal Khashoggi at his country’s consulate in Istanbul has put a spotlight on the deteriorating relations between Turkey and the Persian Gulf kingdom. Articles based on anonymous accounts from Turkish officials report …

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Five reasons why the four-day week won’t work

Will it stand up? Randy Fath/Unsplash, CC BY-SA Wim Naudé, University College Cork The four-day working week continues to gain momentum, with pilots taking place in the UK, Ireland, US, Canada and Australia. Over six-month periods between February and November, employees at participating businesses are working only 80% of their time but still receiving 100% of their salary and benefits. …

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Five reasons why the four-day week won’t work

Will it stand up? Randy Fath/Unsplash, CC BY-SA Wim Naudé, University College Cork The four-day working week continues to gain momentum, with pilots taking place in the UK, Ireland, US, Canada and Australia. Over six-month periods between February and November, employees at participating businesses are working only 80% of their time but still receiving 100% of their salary and benefits. …

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