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The Global Aid Industry is Repeating the Mistakes that Caused the 2008 Financial Crisis: A Warning from a Former Leader at Lehman Brothers

James Militzer

In 2008, the failure of a single institution, Lehman Brothers, triggered a global financial crisis. The crisis crippled the global economy, not because of Lehman alone, but because of the unseen interdependencies that held the worlds financial system together. The same is about to happen with international aid.

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Sustainable infrastructure investments can aid the post-COVID recovery

GreenBiz

The economic fallout caused by the COVID-19 pandemic is forcing governments around the world to come up with policies for stimulating the global economy. Many are considering a tried-and-true method to boost economies in the short term and provide wide societal benefits in the long term: infrastructure investment.

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It’s time to put people first

GreenBiz

Between a selfish free-for-all in which we ignore the fate of the losers, and a future in which the strong and successful accept their responsibilities, showing global vision and leadership. Even before the pandemic, social inequalities were widening for more than 70 percent of the global population. Have we lost our way?

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Green groups urge UN to raise climate ambition on global shipping

GreenBiz

IMO member states are meeting this week for critical talks to discuss how the carbon-intensive shipping industry can be regulated to meet its 2030 climate target of reducing its carbon emissions intensity by 40 percent compared to 2008 levels.

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People, Passion, Planet: Mary Kay Releases 2024 Sustainability Report

3BL Media

In a world that is rapidly evolving, Mary Kay stands at the forefront of change, championing the cause of women while recognizing the immense power they hold in shaping our global economy and driving meaningful change. Economic Sustainability Celebrating 60 years: Mary Kay Ash’s vision of enriching women’s lives continues.

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University of Texas Institutions Receive $5 Million to Expand Blackstone LaunchPad to Additional Campuses

3BL Media

Expanding LaunchPad to more UT institutions helps develop a more robust pipeline of student entrepreneurs in Texas. This experience will encourage them to generate new ideas and someday launch companies and drive job growth,” UT System Chancellor James B. For more information, go to [link].

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Geopolitical uncertainty, trade restrictions and divergence on AI ‘biggest risks’ to growth for global companies

Envirotec Magazine

In 2023, a staggering 91 countries were involved in some form of conflict, a significant increase from 58 in 2008.This This escalation of conflict has a profound impact on the global economy, with conflict estimated to have a 12.9 percent impact on global GDP.