no longer employed or looking for a job compared to pre-pandemic. Economist Nouriel Roubini said this week that the country “is already in a severe stagflation”, a situation he partly attributed to Brexit.
Against that backdrop, confidence in Britain to provide a stable backdrop for business appears to be decreasing. The IMD reportthat declining standards of education and the quality of life in the UK are making business leaders sceptical about its ability to produce a skilled workforce. “This is a concerning situation for the UK with no quick fix,” said Professor Arturo Bris, Director of the IMD“Until the UK is able to deal with the turmoil in its politics and markets which has dominated recent years and take action to revamp its domestic situation, it will be unable to attract or retain the talent it needs to restart growth and drive innovation.”
Switzerland took top spot in the IMD’s rankings for the sixth consecutive year. Sweden, Iceland, Norway and Denmark made up the rest of the top five.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Nigeria Nigeria Latest News, Nigeria Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Business Maverick: Ethereum’s Energy Revamp Is No Guarantee of Global Climate GainsThis year’s revamp of the Ethereum blockchain to curb its power use by an estimated 99% was hailed as a seminal step toward making the cryptocurrency sector greener but a new analysis indicates the reality is a little more complicated. Hey DM, you should do an article on the data that DSBatten writes about. How Bitcoin mining vented methane is REDUCING CO2 emissions from the largest sources in the oil and gas industry. By mining Bitcoin with waste and stranded energy sources is as 'green' as you can get.
Source: dailymaverick - 🏆 3. / 84 Read more »
Business Maverick: Asian stocks mixed with focus on Fed, China Covid: markets wrapAsian stocks were mixed on Tuesday as investors weighed unexpectedly strong US services data and China’s accelerated moves toward exiting its Covid-Zero policy.
Source: dailymaverick - 🏆 3. / 84 Read more »
Business Maverick: Tech Stocks Drive Selloff as Bank CEOs Sound Alarm: Markets WrapStocks slumped after downbeat economic warnings from bank chiefs at a time when concern about the impacts of Federal Reserve policy on corporate earnings is running rampant.
Source: dailymaverick - 🏆 3. / 84 Read more »
Business Maverick: The Developing World Is Facing a $2.5 Trillion Debt ShockDeveloping nations may need to find as much as $2.5 trillion over five years to meet external debt-service costs as interest rates rise and poorer countries struggle to refinance borrowings, a Finance for Development Lab model shows.
Source: dailymaverick - 🏆 3. / 84 Read more »
Business Maverick: Oil Halts Losses as China Covid Shift Reduces Demand ConcernsAfter three days of big losses, the oil market is finally taking a bit of a breather. Prices drifted within little changed territory as traders took a pause to assess whether further signs of China’s economy reopening could help support demand. I have lost so much through investing cause I was new and didn't meet the right account manager to invest with. I was at the verge of quitting till I was introduced to JamesAlderson0 and my story changed. its worth a try I can testify this platform. JamesAlderson0
Source: dailymaverick - 🏆 3. / 84 Read more »
Business Maverick: Cryptos Are the ‘Bubble of a Generation,’ ECB’s Panetta SaysCrypto-assets that promised radical change in how people pay, save and invest have turned into the “bubble of a generation,” highlighting the need for stricter regulation and risk management, according to European Central Bank Executive Board member Fabio Panetta. Why? You played the roulette wheel on an “investment “ and you lost. Regulation will not change the way it was run. Not everything needs regulations
Source: dailymaverick - 🏆 3. / 84 Read more »