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Indigenous Businesses are Flourishing Across Diverse Industries: Here's How to Ensure Continued Growth

When people discuss the creativity and resourcefulness of Indigenous communities, they often focus on talented artists, athletes, and respected Elders. However, there is a growing recognition of Indigenous business leaders who are making significant contributions to various sectors.

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economic growth

indigenous businesses

sustainability

growth

UK Looks to Establish ‘Closer, More Mature’ Trade Relations with EU

New Business Secretary to Announce UK's Global Re-emergence at G7 Meeting

The United Kingdom is initiating steps to enhance its trade relations with the European Union during discussions between the newly appointed Business Secretary, Jonathan Reynolds, and international peers in Italy.

On his inaugural overseas visit since Labour’s significant electoral victory, Reynolds will address a G7 meeting of trade ministers in Reggio Calabria, Italy, emphasizing the UK's intent to cultivate a “closer, more mature relationship with our friends in the EU.”

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Canada Joins Horizon Europe Programme

Canada is now part of the expanding group of non-EU countries associated with Horizon Europe, the EU's research and innovation programme. This collaboration will enable joint efforts on large-scale projects addressing major global challenges.

Today, Iliana Ivanova, Commissioner for Innovation, Research, Culture, Education, and Youth, and François-Philippe Champagne, Canadian Minister of Innovation, Science, and Industry, are signing the agreement that allows Canadian researchers and organizations to participate in the programme on equal footing with their EU counterparts.

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Britain to Lose Significant Number of Millionaires by 2028, Report Predicts

According to a report, Britain is anticipated to lose nearly one in six of its U.S. dollar millionaires by 2028. Meanwhile, other countries like the United States and Taiwan are expected to see a rise in their millionaire populations.

The UBS Global Wealth Report for 2024 forecasts a 17% decrease in the number of dollar millionaires in Britain, dropping from 3,061,553 last year to 2,542,464 by 2028. Similarly, the Netherlands is projected to see a 4% decline, reducing its millionaire count from 1,231,625 to 1,179,328.

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Eurostat Launches New Tourism Satellite Accounts Webpage for Europe

Eurostat has unveiled a new webpage dedicated to tourism satellite accounts (TSA) in Europe, as part of its experimental statistics section.

The newly released experimental data offers indicators that evaluate the economic contribution of the tourism sector. This complements existing information from the accommodation sector and household surveys, which primarily focus on visitor movements within and between countries.

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