Ayjemal Orazolyeva: The 1st Woman of Turkmenistan To Receive The Business Diplomacy Award 2026 In Davos

The distinguished Turkmen scientist was honoured for her contribution to scientific research, medical innovation and the application of knowledge for the progress and prosperity of society

A landmark moment for Turkmenistan took place at GLOBAL BUSINESS WEEK 2026 in Davos, where Dr Ayjemal Orazolyeva was presented with the prestigious International Business Diplomacy Award.

According to the organisers of Global Business Week, Dr Orazolyeva became the first woman from Turkmenistan to receive this international distinction, marking an important recognition not only of her individual achievements, but also of the growing contribution of Turkmen women to science, innovation, international cooperation and global leadership.

The International Business Diplomacy Award recognises individuals whose professional work goes beyond the boundaries of a single organisation or discipline and contributes to building bridges between science, business, innovation and society.

Dr Orazolyeva was honoured for her long-standing achievements in scientific research and for advancing the practical application of innovation in ways that support social progress, human wellbeing and sustainable development.

UK FINES CITIBANK LONDON £4.7 MILLION FOR SANCTIONS BREACHES

OFSI says 970 transactions worth nearly £19.7 million breached UK financial sanctions — a case that highlights the growing compliance risks facing global banks

The UK’s Office of Financial Sanctions Implementation (OFSI) has imposed a monetary penalty of £4,732,830.58 on Citibank, N.A., London Branch, following breaches of UK financial sanctions rules linked primarily to Russia.

The penalty, announced on 2 September 2026, relates to 970 transactions with a total value of approximately £19.7 million processed between 2022 and 2025. Most of the breaches occurred between February and November 2022, in the period immediately following Russia’s full-scale invasion of Ukraine and the rapid expansion of UK sanctions measures. (GOV.UK)

The case is significant not only because of the size of the penalty, but because it demonstrates how quickly sanctions risk can spread across the operations of a major international financial institution when regulation changes at speed.

What happened?

According to OFSI, the breaches arose across several areas of Citibank’s London operations, including payment processing, correspondent banking and account restrictions.

How the World Economy Could Look in 2050: Asia Takes the Lead

By 2050, the economic map of the world may look very different from what we know today.

According to long-term projections by Goldman Sachs, the centre of gravity of global GDP is expected to shift decisively away from today’s developed markets and towards emerging Asia.

The Big Picture: Who Owns Global GDP in 2050?

In 2050 (in constant 2021 USD), global GDP is projected to total about $227.9 trillion. Here’s how that pie is expected to be divided:

• Asia (excluding developed markets): $90.6 trillion – 40%
• Developed Markets (DM): $82.9 trillion – 36%
• Central & Eastern Europe, Middle East & Africa (CEEMEA): $38.3 trillion – 17%
• Latin America: $16.0 trillion – 7%

The headline shift is clear:

Emerging Asia is projected to become the largest regional contributor to world GDP, with 40% of the total, edging ahead of traditional Developed Markets at 36%.

To see how dramatic this is, compare it with the year 2000. At that time, developed economies (North America, Western Europe, Japan, etc.) accounted for more than 77% of global GDP. By 2050, their share is expected to fall to just over a third.

Asia’s Rise: Beyond the “China Story”

When people think about Asia’s economic success, they often focus on China – and for good reason. But the 2050 picture is not just about China.

University Discovery Tours 2027-2030

Explore Britain’s Best Universities Before You Apply

The World Educational, Science and Innovation Organisation is launching a 3-year programme of University Discovery tours focused on exploring British universities and the best educational practices of the 21st century.

Choosing a university is one of the most important educational and financial decisions a young person makes. Yet thousands of students still make that decision almost entirely online — comparing rankings, websites and photographs without experiencing the university, the city, the accommodation or the academic environment in person.

Sсhool of the Future: How One Franchise Changed Education In 30+ Countries

How the “Educational LEGO” Model Is Driving a Revolution in Education

Dr OLGA AZAROVA

Founder & CEO | Education Innovator | Entrepreneur | PhD in Economics. Founder and developer of international educational innovations, including MINIBOSS & BIGBOSS BUSINESS SCHOOLS, LEONARDO, EINSTEIN and a broad ecosystem of specialised education franchises.
FORTUNE 500 MPW and UN SDGs Awards Laureate.

Education determines not only what people know, but what they are capable of creating. For decades, traditional education has successfully delivered literacy, academic knowledge and socialisation. Yet the modern economy increasingly demands something more: entrepreneurship, creativity, problem-solving, technological thinking, leadership and the ability to transform knowledge into real results.

According to the World Economic Forum, around 40% of workers’ core professional skills are expected to change by 2030. It is often said today that AI will replace the majority of current workers; consequently, training workers for factories and plants—and pouring all our educational resources into schools and universities for this purpose—is a pointless endeavor. Instead, we need to cultivate creators, entrepreneurs, and AI managers capable of driving significant global change, particularly in business processes.

Technology is evolving rapidly, while human capabilities such as creative thinking, resilience, curiosity, communication and leadership are becoming increasingly valuable.

Innovation Starts in Schools — Lessons from China

Innovation Starts in Schools — Lessons from China

Countries that want successful innovation systems must invest in science education — and, above all, in science teachers.

When governments discuss national innovation strategies, the conversation usually begins at the top of the pyramid: artificial intelligence, research universities, venture capital, technology parks, semiconductor factories and R&D budgets. China is increasingly working from the opposite direction as well. Its current education reforms are based on a much longer-term proposition: a country cannot build a sustainable innovation economy unless scientific thinking begins at school, years before a young person enters a university laboratory or technology company.