Tag: Economy

£86 billion to fund everything from new drug treatments and longer lasting batteries to new AI breakthroughs to generate billions for the UK economy and drive our Plan for Change
Europe, Untied Kingdom

Transformative £86 billion boost to science and tech to turbocharge economy, with regions backed to take cutting-edge research into own hands

Funding package worth more than £22.5 billion a year in 2029 will boost Britain’s world-leading status in research and innovation. Press Release – 8 June 2025 – From:Department for Science, Innovation and Technology, HM Treasury, The Rt Hon Rachel Reeves MP and The Rt Hon Peter Kyle MP Chancellor Rachel Reeves will announce a transformative £86 billion in the Spending Review to turbo-charge our fastest growing sectors, from tech … Continue reading Transformative £86 billion boost to science and tech to turbocharge economy, with regions backed to take cutting-edge research into own hands

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World Bank Group
United States

FDI Flows to Developing Economies Drop to Lowest Level Since 2005

High Trade and Investment Barriers Pose Threat to Mobilizing Financing for Development Press Release – WASHINGTON, June 16, 2025—Flows of foreign direct investment (FDI) into developing economies—a key propellant of economic growth and higher living standards—have dwindled to the lowest level since 2005 amid rising trade and investment barriers, new research from the World Bank shows. These barriers pose a significant threat to global efforts … Continue reading FDI Flows to Developing Economies Drop to Lowest Level Since 2005

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Taiwan and Guatemala Deepen Trade Ties
Asia

Taiwan and Guatemala Deepen Trade Ties

Taipei, Taiwan – Taiwan has vowed to intensify technological cooperation with Guatemala as it works to reinforce its shrinking circle of diplomatic allies in the face of mounting pressure from Beijing. During a June 5 meeting with visiting Guatemalan President Bernardo Arévalo, Taiwan’s President Lai Ching-te pledged to “strengthen exchanges and cooperation as well as scholarship programmes for young people, provide training for high-tech and … Continue reading Taiwan and Guatemala Deepen Trade Ties

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Commission
Europe

Bulgaria meets criteria to join the euro area on 1 January 2026

Press Release – Jun 4, 2025 – Brussels  – Today, the European Commission concluded that Bulgaria is ready to adopt the euro as of 1 January 2026 – a key milestone that would make it the twenty-first Member State to join the euro area. This assessment is set out in the 2025 Convergence Report, prepared at the request of the Bulgarian authorities and marks a critical … Continue reading Bulgaria meets criteria to join the euro area on 1 January 2026

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Hamburg Declaration on Responsible Artificial Intelligence (AI) for the Sustainable Development Goals (SDGs)
Europe

Hamburg Declaration on Responsible Artificial Intelligence (AI) for the Sustainable Development Goals (SDGs)

Hamburg, 2 June 2025 — At the Hamburg Sustainability Conference (HSC), global leaders from the public sector, business, science, and civil society have jointly endorsed the Hamburg Declaration on Responsible AI for the Sustainable Development Goals. The landmark initiative – the first global declaration focused specifically on AI in international development – outlines shared principles and commitments to promote the equitable, inclusive, and sustainable development and … Continue reading Hamburg Declaration on Responsible Artificial Intelligence (AI) for the Sustainable Development Goals (SDGs)

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Fresh UK-EU collaboration on AI to unlock new avenues for innovation and research
Europe

Fresh UK-EU collaboration on AI to unlock new avenues for innovation and research

Building on the UK’s new deal with the EU, plans launched to supercharge AI collaboration across Europe. From:Department for Science, Innovation and Technology and Feryal Clark MP Press Release – Published 27 May 2025 Healthcare treatments, clean energy technologies and advanced breakthroughs that could transform lives across the UK are within reach, as the government backs plans for a new AI collaboration with Europe – driving growth and delivering … Continue reading Fresh UK-EU collaboration on AI to unlock new avenues for innovation and research

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Barclays and Brookfield
Europe

Barclays and Brookfield enter into strategic partnership to transform the bank’s payment acceptance business

Press Release – London, 17 April 2025:   Barclays (LSE: BARC) and Brookfield Asset Management Ltd. (NYSE: BAM, TSX: BAM), through its Financial Infrastructure strategy, today announce a long-term strategic partnership (the “Partnership”) to grow and transform Barclays’ payment acceptance business (the “Business”), previously referred to as its merchant acquiring business.  Barclays and Brookfield will work to create a standalone entity over time. https://www.media.barclays.co.uk/serve/190157-4458188.mp4?dnt=1 Barclays has … Continue reading Barclays and Brookfield enter into strategic partnership to transform the bank’s payment acceptance business

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EU announces new €86 million investment
Europe

EU announces new €86 million investment in long-term climate and environment projects

News Release – 15 April 2025 – The European Commission has reaffirmed its long-term commitment to tackling Europe’s climate and environment crises by investing more than €86 million in new green strategic projects over the next ten years.  The latest funding to be announced by the EU LIFE Programme goes to 5 multi-year, multi-million euro projects in Denmark, Estonia, Poland, Slovenia and Iceland. Between them, they will … Continue reading EU announces new €86 million investment in long-term climate and environment projects

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UpLink Annual Impact Report
Europe

UpLink Annual Impact Report

Download PDF The UpLink Annual Impact Report showcases how building ecosystems that enable purpose-driven entrepreneurs to scale their early-stage ventures can shape a sustainable, equitable and thriving global economy. It highlights key impact areas, explores the success of UpLink’s community of over 500 Top Innovators and provides insights into how emerging start-ups can drive large-scale change. The UpLink Annual Impact Report showcases how building ecosystems that enable purpose-driven entrepreneurs … Continue reading UpLink Annual Impact Report

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