archiveEconomics Insider

Filipe Gouveia, a shipping analyst at BIMCO, shared insights into the recent decline in coal imports among advanced economies, with thermal coal shipments dropping by 9% year-over-year as coal-based electricity generation waned, especially in Europe. Meanwhile, Asian advanced economies saw only a 4% reduction due to increased electricity demand driven...

The International Symposium ‘Creating the Future’ is set to take place from November 4 to 6 at the National Center "Russia." The event will bring together scientists, researchers, futurists, forecasters, science fiction writers, and government officials, providing a global platform for open discussions on future scenarios for humanity and addressing...

International Monetary Fund (IMF) economists recently warned that global public debt could soon match worldwide GDP, potentially reaching parity by 2030. New research from the University of Notre Dame suggests this threshold could arrive even sooner due to “hidden debts” — obligations on government books that remain undisclosed due to...

There's a strong connection between sports and business — from the need for great coaching to building winning teams to leading a win. Sports isn't just a metaphor: it's a parallel — and certainly in terms of the modern sports industry, what's at stake is just as complex as in any...

In the ever-evolving landscape of career development and corporate leadership, few stories capture the essence of passion and purpose like that of Julie Allen. Julie’s path is one marked by resilience and vision, shaped by personal experiences that profoundly influenced her professional values. The crossroads she encountered—such as the deep loss...

Stanford Le, a seasoned executive from the Las Vegas casino industry, has officially assumed his role as CEO of Crown Sydney, marking a significant step in Crown Resorts' leadership restructuring following the recent restoration of its operating licenses in key markets Sydney and Melbourne. Le, who succeeds outgoing CEO Mark...

The OPEC Secretariat has announced that eight OPEC+ member countries—Saudi Arabia, Russia, Iraq, the United Arab Emirates, Kuwait, Kazakhstan, Algeria, and Oman—have agreed to extend voluntary production cuts of 2.2 million barrels per day (bpd) for an additional month, extending the reductions through December 2024. These adjustments, initially announced in...

Forget what you thought you knew about leading teams—old ideas no longer apply in a world of remote work, artificial intelligence, and constant disruption. In fact, just 15% of the world’s most successful companies have engineered a totally new way of collaboration. To win in today’s volatile world, you cannot...

US insurance brokerage TIH has announced that Dave Obenauer, its current President, will assume the role of Chief Executive Officer effective January 1, 2025, as current CEO John Howard transitions to Vice Chair. With over 35 years in the insurance industry and tenure at TIH dating back to 2007, Obenauer...

Kristo Käärmann, founder and CEO of the money transfer service Wise, has been fined $453,760 by the Financial Conduct Authority (FCA) for neglecting to inform the regulator about a tax default. The FCA reported on Monday that Käärmann had failed to disclose a previous fine imposed by HM Revenue and...