Europe

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Europe

The geographical region of Europe includes over 44 countries and 752m people. It had the third largest total GDP of the continents in 2018 at 21.9 trillion USD. Average GDP per capita was 34,485 USD, which is highest among the regions. It also had the highest level of exports in 2018 at 10tr USD. From the 15th century, Spain, Portugal, the Netherlands, French and British all developed colonial empires. The Spanish and Portuguese enjoyed the mineral wealth of the new world. While all these countries used African slaves to develop tobacco or sugarcane industries in the new world. In the late nineteenth century, Germany, Belgium, and Italy also began to develop colonial empires. The Netherlands was the forerunner in terms of finance and trade, with the world’s first stock exchange in 1602. Britain led the way with industrialisation in the 18th century, which made steam rather than slaves and gold the new wealth of nations. Trade was becoming global and Europe led the way. By the late 19th century, Germany had also industrialised. Its growing commercial and naval rivalry with Britain contributed to the start of WW1. WW1 saw the emergence of the USA as a superpower and the break-up of the imperial European powers; European colonial empires were to survive until after WW2. The devastation of WW2 brought a determination for a new common future. The European Coal and Steel Community was formed in 1951. This became the European Economic Community in 1957, the European Union in 1993, and monetary union in 2001. The end of the cold war in 1989, saw NATO expand into Eastern Europe followed by the European Union. Many former soviet- Bloc countries have grown strongly through the 1990s and 2000s, including Poland, Czechia, and Estonia. Yugoslavia disintegrated in 1991, but Slovenia and Croatia are now EU members and the Western Balkans aspire to membership. Throughout the 2000s, the relative importance of the German economy grew. In recent years, Europe has been tested by the Greek debt crisis (2009-10), the crisis in Ukraine (2013), the Syrian refugee crisis (2015-16), and Brexit (2016-2020). But despite these challenges, Europe will continue to grow as it enjoys the fruits of trade and further integration.[/vc_column_text][/vc_column][/vc_row][vc_row][vc_column][vc_column_text]

Ørsted: Danish Power Company Driving the World’s Carbon-Neutral Bus

Danish multinational Ørsted has in a 10-year span gone from one of Europe’s most fossil-fuel-intensive utilities to the world’s most sustainable energy company. The Ørsted story began in 1973, when

Evan Harvey, Nasdaq – SPACs and ESG: Convergence or Collision?

The capital markets love nothing more than a new idea, especially one that promises to reward a little due diligence with a lot of return. The idea of ESG (environmental,

Deloitte: Changes on the Horizon for Europe’s Alternative Investment Fund Market

The European Commission’s ongoing efforts to establish the Capital Market Union have reached the alternative investment manager’s market in Europe. It has launched a legislative review cycle of the Alternative

Lindsey McMurray, Co-founder of Pollen Street Capital: How Capitalising on Change Can Drive Benefits for Financial Services Industry

The firm identifies and champions businesses that are on the cusp of transformation, with agile operations that deliver solutions to customers underserved by mainstream providers. “The financial services sector touches
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Building Bridges: Joining Impact Investing and Social Entrepreneurship

Finance is stepping up to a growing impetus from stakeholders to transform society for the better. Yet, there is a continuous disconnect between social entrepreneurs as vanguards of social value

LGX Hits 1,000 Sustainable Bonds Mark

CEO Julie Becker, has today announced the achievement of a major milestone for the Luxemburg Green Exchange (LGX). The exchange now counts 1,000 green, social, sustainability and sustainability-linked bonds. According

OECD: Blended Finance Institutional Role in Responding to COVD-19

COVID-19 has had a dramatic impact on developing countries and undone years of progress on sustainable development, pushing back into poverty large sections of the population. World Bank analysis projects

Lord Waverley on WTO: Inclusive and Sustainable Trade Reforms are Vital for Shared Benefits

The previous US administration, the politicisation of trade and a looming economic crisis due to the pandemic and Brexit are creating an environment of protectionism. This must not be allowed
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Scotland: The High Road to England or a Brave Step to Independence?

When the Emperor Hadrian ordered the building of a wall to divide the troublesome, blue-painted northern tribes from the more subdued southerners in the second century AD, he literally set

A COVID-19 Silver Lining: Precision Medicine for Brain & Mental Health

Did you know that nearly 17% of the Swiss population suffer from one or more mental disorders? And that more than 150’000 persons are currently living with dementia in Switzerland,

Dame Helena Morrissey: Women Rising to the Top and Helping Business to Flourish

Dame Helena Morrissey understands how isolating and intimidating it can be for women in the male-dominated financial sector. She’s a seasoned expert with over three decades of experience in the

World Bank: Pandemic Recovery is an Opportunity to Step Up Climate Change Action in Europe and Central Asia

2021 needs to be the year that climate change urgency truly entered the collective consciousness and lasting action followed. In the same way the effects of climate damage are often
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