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Economy Food / Travel Society

Overcrowded, Overpriced, Overheated: Santorini Is Done With Overtourism

Santorini and Paros are among the most visited places in the Mediterranean, a phenomenon that brought to the islands investments from around the world. Now disfigured by the unbridled development of tourism, many of Greece’s most famous islands are under suffocating pressure and concerns are growing among locals.

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Economy Future Green Green Or Gone Society special series

Germany Shows Why Electric Truck Adoption May Move Even Faster Than E-Cars

How can trucks be powered in a non-polluting way? The industry has been looking for good solutions for a long time. Now, electric trucks are gaining ground. The shift towards electric could actually happen faster than with cars.

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Economy Food / Travel

Vegan Nutella Is Launched In Three Countries — The First Taste Tests Are In

A milk-free vegan version of the famous Nutella spread hits the shelves this week in three European countries. With this move, the Italian company Ferrero that makes it intends to triple sales of its chocolate plant-based category within a year, across all brands.

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Economy Food / Travel

For 2024, The Cruise Industry Is On Course For Another Record Year Of Growth

Cruise lines around the world are heading for a record year in traffic in 2024. While companies continue toward larger liners, luxury hotel groups are making inroads with smaller ships and exclusive experiences.

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Economy Future Ideas Society

The Pavel Durov Case Is A Wakeup Call: Big Tech Can’t Manage Societal Risk

France has accused Telegram CEO Pavel Durov of complicity in managing an online platform to allow illicit transactions by an organized group. But should businesses be left responsible for making decisions about the costs of risks?

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climate change Economy Green Society

Parched For The Course? Uproar In Spain As Golf Expands In Drought-Stricken South

The golf industry claims it generates 225 million euros each year in Murcia, or 0.8% of the southeastern Spanish region’s GDP, which is also the driest in Spain.

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Economy Society

How Taylor Swift Triggered A Stadium Construction Boom In Southeast Asia

With record-breaking ticket sales for Taylor Swift’s concert tour — mobilizing fans from all over the world to secure tickets — has it all been worth it?

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Economy Society

Underfunded Pensions: A French Formula To Bridge The Global Demographic Gap

In France, the ratio of around 1.5 contributors to one pensioner is threatening the balance of the pension system. As in Anglo-Saxon countries, the possibility of pension underfunding is looming. But the creation of a National Pensions Fund could change all that.

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Economy Future Russia-Ukraine War

BitRuble Dodge? How Russia’s New Crypto Policy Can Help It Avoid Western Sanctions

Once crypto-cautious Russia has started experimenting with the digital financial market, prompting new regulations, formal exchange markets, and, as President Vladimir Putin hopes, new means of skirting Western sanctions.

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climate change Economy Green Ideas

North-South Divide And The Mirage Of Universal Climate Solutions

The global fight against climate change is essential, but the solutions are not universal. Measures must account for the local realities of the Global South, where economic development is equally important and where the imposition of strict environmental standards by the North has devastating social and economic consequences.

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Economy Geopolitics

Why Tehran May Actually Welcome Neighboring Armenia’s EU Pivot

Armenia, under pressure from its aggressive neighbor Azerbaijan, is seeking security in closer ties with the European Union. Just next door, Iran may welcome this Western alignment if it means winning a shorter land route for exports to the Black Sea and EU markets.

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climate change Economy Green

Can Gambia Wake Up From Its Plastic Pollution Nightmare?

The smallest country in Africa, Gambia is a net importer of plastics. About 84% of this waste is not managed properly, with dire consequences for the people and the environment.

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Economy Society

The Skyrocketing Prices Of Tuk-Tuks Are Crashing Young Egyptians’ Plans

Over the past five years, tuk-tuk prices have soared because of a government ban on importing the vehicle, and the inflation waves that rocked the Arab world’s most populous country. But tuk-tuks are not only a preferred system of transport, they are also a source of income for a large part of the Egyptian population — and the price hikes are crushing many young people’s dreams.

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Economy Food / Travel Society

Bernardaud: How One Family Is Keeping The Art Of Limoges Porcelain Alive

While most of its competitors, crushed by competition from Asia, have closed their doors, this family company founded in Limoges in 1863 has never been doing so well thanks to to collaborations with artists and starred chefs, as well as some unexpected uses.

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Economy Food / Travel Society

Could Porto’s Sustainable Tourism Experiment Work In Lisbon?

The cities of Amsterdam and Bruges may inspire the Portuguese capital to reinvent its approach to tourism. As Porto launches an experimental new vision map designed to disperse tourist flows, could Lisbon do the same?

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Economy Geopolitics Ideas Society

How Taxing The Super-Rich Can Calm Global Tensions

The biggest firms and richest people in the world have the money states need to invest in services that can improve the lives of billions of people. That could help stop a collective slide into acute social and political tensions.

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Economy Food / Travel Society

Spain’s Economy Has A “Tourism Addiction” — And It’s Time For An Intervention

While tourism is a boon for the Spanish economy and has seen record numbers since the COVID-19 pandemic — more than 85 million visitors in 2023 — locals say the current model is untenable, and are taking to the streets to demand limits be set.

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Economy Eyes on the U.S. Geopolitics

Trump’s Plans To Undo The Western Alliance Is A Death Sentence For American Power

The West will be weakened should the United States turn its back on its alliances, but does the isolationist Donald Trump understand what that could mean for U.S. strength and security?

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Economy Geopolitics

Maduro’s Boss? China Has Good Reason To Maintain The Status Quo In Venezuela

The crushing weight of Chinese loans to socialist Venezuela may yet become the biggest, if less publicized, obstacle to the restoration of liberal democracy there, if its power-drunk president were ever to abandon power as he once again appears unwilling to do after a highly contested election.

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Economy Geopolitics

Anti-Refugee Violence In Turkey, And The Globalization Of Western Neo-Fascism

Scenes of violence against Syrian refugees are no longer unusual in Turkey, a country marked by rising nationalism amid a deepening economic crisis.

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Economy Food / Travel

Party’s Over! How Krakow Residents Are Fighting “Mass Alcohol Tourism”

Tourists have been flocking to Krakow for cheap alcohol and bachelor parties, a trend that residents say is making the historic Polish city unlivable.

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Economy Geopolitics

Why Trade With China Weakens Mercosur — And How South Americans Only Make It Worse

Asia and above all China, have shown how the size of a market can drive state relations, and nowhere is this truer than in the Mercosur bloc’s increasing dependence on Asian exports. But regional integration in South America is stalling, as Argentina and Brazil are in another nasty spat.

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Economy Geopolitics Ideas

Javier Milei And The Destructive Art Of Anti-Diplomacy

Argentina’s rabidly neo-liberal president, Javier Milei, is downsizing the state at home and curbing diplomacy to the bare minimum of promoting the free market, lambasting communism, and nurturing ties with just two, cherished states, Israel and the United States.

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Economy Geopolitics

Where A German Truck Company Goes To Recruit Drivers: The Heart Of Africa

Struggling to find drivers in Germany, the Cologne-based trucking company Emons is now successfully recruiting apprentices in the crisis-hit central African countries of Congo and Burkina Faso. While recruiting skilled workers abroad is a slow process, it is always better than unregulated migration.

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Economy Food / Travel

Palace On Rails: Redesigning Luxury Trains For The 21st-Century Jet Set

If rail is to become the preferred means of transport, it must inspire people to dream again. Designers and interior architects are on a mission to restore the image of rail travel. High-speed rail, night trains, luxury trains — each has its own challenges.

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Economy Geopolitics

For Chiquita, Time Is Ripe To Pay For A Long History Of Corruption And Intimidation

Chiquita — the former United Fruit Company — is being ordered to compensate victims of the paramilitaries it financed in Colombia in the late 20th century. Like Monsanto with pesticides, it might begin saving funds to pay more such fines.

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Economy Geopolitics

A Trillion Rubles Of Microloans: How Household Debt Is Pushing Russia Into Recession

Aggressive lending is undermining Russia’s economy, and citizens’ incomes are not keeping up with expenses. It’s the clear sign of a looming economic crisis.

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Economy Food / Travel Society

Why Airbnb Keeps Booming — And Surviving The Mass Tourism Backlash

Despite sometimes heated debates and increasing regulations, the king of short-term rentals has never performed as well as in this post-COVID period. The announcement this week of a whole set of new features shines the light on one of the digital era’s great success stories.

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Economy Society

The Gruesome Death Of An Indian Worker In Italy — And The True Crimes Of Undocumented Labor

Satnam Singh, an undocumented laborer from India, was left dead after losing his arm in a work accident near Latina — just 50 kilometers from the capital, Rome. Could it be that no one in power saw the realities like the one that sealed Satnam Singh’s fate?

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Economy Geopolitics

Why Peru’s President Is Going To China — It’s Not Just The Billions In Trade

Peru’s President Dina Boluarte is traveling to China to fine tune free trade with this vital, if overbearing, business partner. It will also help her flee the deep and wide popularity among Peruvians.

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Economy Geopolitics

Beyond Soccer: Africa’s Sports Economy Is One Big Untapped Potential

As the Olympic flame of Athens prepares to illuminate the world of sports, Africa remains in the shadows. Yet the world’s youngest continent has an unparalleled potential to become a major hub for sports on a global scale.

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Economy Society

Brittany Postcard: Saving The Only Store In Town (With Amazon Just A Click Away)

Our battle to keep local stores open, despite the evolution of our consumption habits, may just be the expression of nostalgia of a rural dream that is gone. Or is it really?

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Economy Geopolitics Green

Depleting Supplies, Drawing Lines: The Geopolitics Of Sand

Global sand consumption has tripled in 20 years, to the point where the United Nations has called for countries to rethink their use of this “strategic resource” that is fueling tensions between states.


Categories
Economy Migrant Lives

A Bitter Return To Sri Lanka After Failed Migration Attempt

More workers are leaving the country by illegal means. Those who are caught are deported back home, but often have nothing to return to — except government surveillance.

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Economy Geopolitics

How Latin America Can Use China As A Bargaining Chip To Get More From The U.S.

The United States has shown it prefers economic incentives over penalties to help keep regional democracies within its orbit and away from China. That is a national-interest opportunity Latin American states cannot ignore.

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Economy

Rishi Sunak’s Snap Election: Surrender Or One Last Trick Up His Sleeve?

Britain’s prime minister has announced a surprise decision to hold a general election six months early, on July 4.

Categories
Economy Food / Travel

Pray, Work, Diversify: When Monasteries Shift To The Gospel Of Business To Survive

Gardening, cooking sweets or binding books are tasks associated with monasteries. But today, a growing number of Spain’s contemplative communities have turned to activities such as gourmet products, tourist rentals through digital platforms, astrotourism and even sushi making to achieve economic sustainability.

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Economy

How Soaring Meat Prices Are Forcing Egypt To Rethink Its National Diet

With every economic crisis and surge in inflation, Egyptian households reshape the quantities and varieties of food on their dining tables. The current economic crisis, however, has placed an even tighter strain on families striving to afford food, especially sources of animal protein.

Categories
Economy

UK Agriculture, No Sector Has Been Hit Harder By Brexit

The UK government wants its farming sector to transition to a more sustainable model. But farmers fear the complex post-Brexit agricultural policy and lack of EU subsidies are threatening their livelihood.

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Economy Society

When The Ice Is Gone: Russia’s Vision For Arctic Development

Russia’s investment in the Arctic continues with reports of a new joint project with India. This comes with the development of a Siberian station called Snezhinka (Snowflake), at the center of both scientific and economic development of the Northern territories in the times of global warming.

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