Wall Street Journal |
Woes in Wealthy Countries to Offset Emerging-Market Turnaround, IMF Says
Wall Street Journal WASHINGTON—Rising protectionism, record debt levels and a continuing economic malaise in wealthy countries will drag on global growth next year despite a turnaround in several key emerging markets, the International Monetary Fund said Tuesday. IMF cuts growth forecasts for major economiesWorld Socialist Web Site IMF warns of hit to UK economic growthBBC News Stocks close lower as dollar hits near-two-month high; gold sheds 3%CNBC Business Insider –USA TODAY –Reuters –NPR all 221 news articles » |
Change has become the only constant for business. As an old economic order unravels and a new one emerges, Project Breakthrough, a new joint venture between Volans and the UN Global Compact, is exploring how the transformation necessary to achieve the UN Sustainable Development Goals will come not from linear, incremental improvements, but from radical, exponential disruptions. Here are the business models, technologies and mindsets at the vanguard of this new opportunity space.
In high school, two smart women discovered a new bacteria in a local river that specifically eats phthalates, a harmful plasticizer that never degrades. Since then, they have turned their discovery of plastic-eating bacteria into an innovative, award-winning business model. “We have not only shown that bacteria can be the solution to plastic pollution, but that also being open to uncertain outcomes and taking risks create opportunities for unexpected discoveries.”
