Economy

Three influential businessmen close to Viktor Orbán have interests in almost every sector. Lőrinc Mészáros has almost doubled the number of his enterprises last year, the companies of Garancsi are soaring and Andy Vajna’s wealth grows exponentially.

Over the last years, Asia has undergone an impressive digital transformation. Large parts of the continent have turned from the world’s factory into a creative industry. Digitalization has become a driving force of social and economic change. This certainly means more opportunities for innovation and growth for many countries. However, on the flipside, if new technologies are in the wrong hands they can also be used as a mean to abuse power.

Our economy is obsessed with productivity and growth. How can we transform it into one built around a broader sense of prosperity? One that makes our lives worthwhile instead of destroying our planet?

Seven “Engagement Groups” circle around the G20 and attempt to influence its decisions. However, their relative power to influence outcomes differs greatly.

An ecological crisis that is becoming increasingly hard to ignore is confronting policymakers with a dilemma: they are being called upon to protect the conditions for life on Earth without overly hampering industrial production and economic growth.

Trading in compensation credits is used to legalize emissions that exceed binding regulatory limits. It also occurs in areas without legal limits.

The UK’s divorce from the EU has diminished the hope of both the British and the Chinese in placing the UK as a spring board to the whole European market. Beijing is losing its newly acquired “best partner in the West”.