Photo by Fred Moon on Unsplash In 2016 during the referendum campaign Boris Johnson promised “we could strike free trade deals with America”; he would later add that such a deal would be “quickly in the back pocket.” In 2020 as PM he boasted: “We have got Brexit done and can now take full advantage of the…
Economy
Bioeconomy projects prove a boon for EU economy
Photo by Markus Spiske on Unsplash Climate change is an existential risk and depending on fossil resources is only likely to worsen the situation. At the same time the European economy has been affected by a pandemic and the war in Ukraine. This all begs the question: How can Europe transition to a lowcarbon economy while continuing to…
Uzbekistan’s Economy
Photo by Kama Tulkibayeva on Unsplash In 2016, Uzbekistan embarked on a path of large-scale reform of its economic sphere. Six years later, the country has moved from a closed to an open model, writes Muhammaddiyor Orzikulov According to the data of World Bank, Uzbekistan has one of the fastest growing economies in the world….
Green Economy for Central Asia
Photo by Dmitriy Altynnikov on Unsplash The Republic of Kazakhstan became the first country in the Central Asian region to ratify the Paris Agreement and adopt a Carbon Neutrality Strategy until 2060. Speaking at the World Climate Summit in Dubai within the framework of the UN Climate Change Conference, President of this country Kassym-Jomart Tokayev supported the UN’s…
Central Asian Integration
Photo by Dmitriy Altynnikov on Unsplash The international community, including the EU, has been urged to throw its weight behind closer integration between Central Asian countries. Specifically, the West is asked to support the creation of a Central Asian Union to foster closer relations between the various countries, such as Kazakhstan and Uzbekistan, in the region. The demand…
The Race to Win Influence in Central Asia
Photo by Travel With on Unsplash The West, including Europe, is heading for a potential fresh “struggle” with Russia and China in the race to win influence in Central Asia. That is one of the messages to emerge from a conference in Brussels on “Central Asia and the EU’s Historic Choice.” The lively debate on 7 December heard…
Central Asia and the EU’s Historic Chance
Photo by AXP Photography on Unsplash The international Tax and Investment Centre in Washington and EU Political Report in Brussels are pleased to sponsor an international conference entitled “Central Asia and the EU’s Historic Chance”. The meeting will be held at 10.00 am on Thursday 7th December at the Brussels Press Club at Rue Froissart 95, 1040 Brussels, Belgium. The…
Death and Taxes
Photo by Stock Birken on Unsplash Some 70 years before Benjamin Franklin borrowed the phrase, English playwright Christopher Bullock in 1789 wrote in his comedy The Cobbler of Preston: “T’is impossible to be sure of anything but Death and Taxes.”. In the UK as in most European countries both certainties can happen together, with tax on inherited wealth…
Economy Loses Momentum
Photo by K8 on Unsplash The EU says that the European economy has lost momentum this year against the background of a “high cost of living, weak external demand and monetary tightening.” On Wednesday, the commission said that while economic activity is expected to gradually recover going forward, its “Autumn Forecast” revises EU GDP growth down compared to…
Belgium in Top Ten Countries
Photo by Despina Galani on Unsplash Belgium is in the top 10 countries with the highest household savings in the world, according to new data. CityIndex analysed global data on household savings, including mean disposable income, mean household savings and long-term interest rates, to discover the countries with the highest household savings in the world. Belgium ranks 9th with a total savings…