Tag Archives: World Economic Forum

The rise of digital identity The concept of a universal digital identity has gained traction across governments, corporations, and international bodies. Framed as a step towards convenience and inclusion, the idea of replacing physical identification with a secure, verifiable digital system appears modern and efficient. According to the World Economic …

A new language for global payments The global payments system is moving to a new common language. SWIFT, the network that connects thousands of banks and financial institutions around the world, is replacing long-standing MT message formats with the richer ISO 20022 MX format for cross-border payments. This is not …

The fear that artificial intelligence (AI) will take over jobs has been a dominant narrative in discussions about the future of work. While automation and AI undoubtedly influence job markets, the story is far more nuanced. The World Economic Forum’s (WEF) “Future of Jobs Report 2025” sheds light on this …

In recent years, stakeholder capitalism has emerged as a compelling alternative to the traditional free-market capitalism that has dominated global economies for decades. The concept, heavily promoted by Klaus Schwab, founder of the World Economic Forum (WEF), advocates for a shift in business practices—one that prioritises the interests of all …

The World Economic Forum (WEF) Annual Meeting 2024 will take place in Davos, Switzerland, from January 15 to 19, 2024. This year’s theme is “Rebuilding Trust in a Fractured World.” Davos is a town in the Swiss Alps, known for its ski resort and as the host of the annual …

ESG rules that classify food production as high-risk currently sound absurd. The contentious European Union (EU) ESG regulations went into effect in January 2023, and they have been described. Proponents have described it as the most ambitious yet, and if that weren’t absurd enough, the provisions in the regulations apply …