Economic Revolutions Starts from Education: Eight IBAC Franchises

Why investment in business education can create income, employment, GDP growth and opportunity across generations

Global poverty remains one of the defining economic problems of our time. The World Bank estimates that approximately 8.5% of the global population lives in extreme poverty on less than $2.15 a day. When the more relevant poverty line for upper-middle-income countries—$6.85 a day—is applied, the proportion rises to about 44%, or 3.5 billion people. Meanwhile, the UN Development Programme reports that 1.1 billion people across 112 countries experience acute multidimensional poverty, including deprivation in health, education and living standards. worldbank.org

Even these figures do not capture the millions of households living only slightly above official poverty thresholds. They may have employment but possess little capital, limited savings and almost no protection against illness, unemployment or inflation. Poverty is therefore more than low income. It is frequently the absence of assets, marketable skills and the ability to create new sources of income.

The small group that creates employment

Entrepreneurs are a relatively rare economic resource. Almost half of the world’s employed population may be classified as self-employed, but this category includes own-account and informal workers who employ nobody else. The International Labour Organization has estimated that employers—people who regularly provide work to others—represent up to 3% of the global workforce. Measured against the entire world population, that is broadly equivalent to around 1%. ilostat.ilo.org

Yet this small group accepts the financial, professional and personal risks involved in establishing enterprises. Entrepreneurs organise capital, labour, information and technology; identify unmet demand; create products and services; employ people; pay suppliers and generate tax revenue. Micro, small and medium-sized enterprises account for approximately 70% of employment worldwide, according to the ILO. International Labour Organization

Entrepreneurship should therefore be treated as strategic national infrastructure. Countries cannot create sustainable prosperity solely by distributing existing wealth. They must continuously generate new economic value—and that requires people who know how to turn knowledge, talent and ideas into functioning organisations.

The missing link in conventional education

General education provides indispensable foundations: literacy, numeracy, languages, history and scientific understanding. The problem is not that these subjects lack value, but that students are rarely shown how to connect them with economic life.

Ukraine's demographic catastrophe: how 35 years of political and economic mistakes have put the nation's future at risk

100%NEWS | WORLD & ANALYTICS | AUTHOR'S RESEARCH

Why one of Europe's largest nations has been losing its population for decades, how Russian aggression has accelerated the demographic crisis, and what must change if Ukraine is to preserve its human capital, economic potential and prospects for national development.

Introduction: A Country Can Lose Territory, Industries and Capital. But What Happens When It Loses Its People?

In 1991, Ukraine gained independence with one of the largest demographic, industrial, scientific and educational potentials in Europe.

Approximately 52 million people lived within its borders. The country possessed a developed industrial base, research institutions, universities, highly qualified engineers, doctors, teachers and millions of young people capable of starting families, establishing businesses and creating employment.

Sponsors Threaten to Withdraw from Ice Hockey Tournaments if Russia Returns

The possible return of Russian national teams to international ice hockey has triggered opposition beyond national federations and governments. Major corporate sponsors are now warning that they may withdraw funding, remove their branding or reconsider long-standing partnerships if Russia is allowed to compete while its war against Ukraine continues.

The dispute follows a decision by the Court of Arbitration for Sport ordering the International Ice Hockey Federation to reinstate Russian teams. The ruling overturned the IIHF’s exclusion of Russia from the 2026–27 championship season, despite the federation’s continuing concerns about security, operational feasibility and sporting integrity.

Gold After the Great Correction: Can Prices Recover by the End of 2027?

Gold enters the final months of 2026 in an unusual position. The metal reached a record of almost $5,595 per troy ounce in January before falling sharply as US interest rates, Treasury yields and the dollar moved higher. On 9 November 2026, spot gold traded at approximately $3,903 per ounce, while US December futures stood near $3,914.

The decline has brought gold almost 30% below its January peak and close to its lowest level for a year. Yet several major banks continue to forecast a recovery during 2027. Their argument is that higher interest rates may delay the next rally, but central-bank purchases, rising government debt and diversification away from dollar reserves will provide long-term support.

UK: New Opportunities for Entrepreneurs, Female Founders, Startups and Skilled Professionals

Five major business reforms, a £200 million commitment to women-led enterprises and new tax incentives could reshape the UK's entrepreneurial environment in 2027.

7 November 2026 | United Kingdom | Business & Economy

The UK Government's Autumn Budget, presented by Chancellor John Healey on 28 October 2026, introduced a series of measures intended to encourage entrepreneurship, improve access to investment and help ambitious British companies expand.

Among the most significant announcements are a new Young Entrepreneurs Allowance, a government-backed programme for female founders, expanded British Business Bank investment commitments, immigration and employment reforms, and more generous employee share-option arrangements.

The Budget also proposes tripling the annual tax-free trading allowance from £1,000 to £3,000.

For entrepreneurs considering launching a business in Britain, these measures could reduce financial barriers and improve access to expertise and investment. Established companies may benefit from greater flexibility in recruiting international talent, rewarding employees and raising growth capital.

However, several programmes remain at the development stage. Their benefits will depend on the final eligibility rules, funding arrangements and implementation timetable.

1. Young Entrepreneurs Allowance: Financial Support During the First Year of Business

One of the Budget's most interesting announcements concerns young people who want to establish their own businesses but cannot afford to leave paid employment or commit their savings to an uncertain venture.

The government has announced a Young Entrepreneurs Allowance, designed to provide successful applicants with financial assistance towards living expenses during their first year of business.

Canada Draws a Red Line: Russia Barred from the 2027 World Junior Hockey Championship

Canadian Prime Minister Mark Carney has declared that Russia will not compete at the 2027 IIHF World Junior Championship, scheduled to begin on 26 December 2026 in Edmonton and Red Deer, Alberta. His announcement directly challenges the practical consequences of a Court of Arbitration for Sport ruling ordering Russia’s return to international ice hockey.

Speaking at the Commonwealth Summit in Antigua, Carney said Russian and Belarusian athletes would not be permitted to represent their countries in Canada while Russia continued its war against Ukraine with Belarusian support.

AI Spending Boom Meets Its First Serious Market Reckoning

Technology shares have fallen sharply as investors question how quickly the industry’s vast expenditure on artificial intelligence will translate into sustainable profits. The latest corporate results triggered declines in Alphabet, Amazon and Intel, while Nasdaq 100 futures dropped by more than 2%, signalling a broader retreat from high-growth technology stocks.

Alphabet was among the companies hit hardest. Its shares lost approximately $500 billion in market value as investors focused on the effect of rising AI infrastructure costs on free cash flow. The market reaction reflected a change in priorities: strong revenue growth is no longer enough when the construction of data centres, purchases of advanced chips and development of new AI models require tens of billions of dollars in continuing investment.

Global Fashion Show 2013-2027: How World Woman Club Launched a Global Celebration of Beauty, Elegance and Generosity

In 2013 the World Woman Club Has Launched a Global Initiative of Fashion and Charity and next year, the project celebrates its fifteenth anniversary.

GLOBAL FASHION SHOW: Let's Make Charity Fashionable!

World Woman Club has created Global Fashion Show, an international project that brings together the beauty of fashion and the generosity of the human spirit. Its central idea is simple: every woman deserves to feel beautiful, and every beautiful occasion can become an opportunity to do something good for others.

The project invites women from around the world to become part of an exclusive themed fashion collection. Each participant chooses her own design, colour and style, then works with a professional designer to create a personalised dress tailored to her figure and preferences. The collection features specially developed fabrics and exclusive prints inspired by the World Woman Club identity.

The finished dresses come together in a spectacular international fashion show, where women proudly present their creations. Each dress expresses its owner's individuality while contributing to a shared celebration of femininity, confidence and friendship.

But Global Fashion Show has a purpose beyond the catwalk. Alongside their participation, women are invited to make voluntary charitable contributions, joining forces to raise funds for meaningful causes. The money collected supports charitable initiatives selected by the club, allowing the participants to turn a celebration of personal beauty into an act of collective generosity.

The project also brings together fashion designers, jewellery partners, photographers and international media, giving participants the opportunity to share their experience with a wider audience.

In 2027, Global Fashion Show will become part of the 20th Anniversary celebrations of World Woman Club in Portugal, bringing women together for a memorable occasion dedicated to elegance, friendship and giving.

Through this initiative, World Woman Club hopes to establish a new tradition in which fashion becomes a joyful reason to give, and women's generosity inspires others to follow.

Fashion with Purpose: How World Woman Club’s Fashion Show Idea Was Born

The World Woman Club’s fashion show isn’t just an ordinary event—it’s an initiative born from a vision to create meaningful connections and make a positive impact across multiple levels. It all began with a simple idea: what if fashion could not only be beautiful but also serve as a force for good? Here’s how this idea blossomed into a platform that will uplift Club members, support designers, expand media opportunities, and contribute to charitable causes—all while showcasing the power of women supporting each other in business and philanthropy.

1. A Unique Fashion Experience for Club Members At its heart, the fashion show will provide Club members with the chance to create or purchase new, exquisite dresses designed specifically by talented designers. This exclusive experience allows members to collaborate directly with designers to create unique pieces that reflect their individual styles, while simultaneously supporting the creative industry.

2. Expanding Opportunities for Fashion Designers The show offers designers a prestigious platform to showcase their work to an international audience. For emerging talents, it’s an invaluable opportunity to gain exposure and attract new orders, connecting with clients from around the world who appreciate their artistry. By participating in this event, designers are empowered to grow their businesses and establish a lasting presence on the global stage.

3. A Boost for Media Professionals For media professionals and content creators, the event presents new opportunities for collaboration and visibility. The event’s global appeal means media outlets can create compelling content that resonates worldwide, gaining new audiences and building their brand’s presence in international markets.

4. Fundraising for Charitable Organizations The fashion show goes beyond just showcasing beautiful garments—it’s also an opportunity to give back. A portion of the funds raised from each dress purchase will go to charity, supporting initiatives that align with the World Woman Club’s values. By bringing awareness and funding to these causes, the show helps create a direct, positive impact on society.

5. Supporting Children in Need One of the most inspiring aspects of the fashion show is its commitment to helping children in need. By dedicating a portion of the proceeds to organizations that support disadvantaged children, the event not only provides immediate assistance but also raises awareness about the importance of supporting the younger generation.

6. Demonstrating the Power of Women-Driven Initiatives Ultimately, the show is a powerful example of how women can unite to uplift each other’s businesses, build community, and create societal change. The event itself is a testament to the power of female-driven philanthropy and collaboration, reinforcing how women can use their influence and resources to benefit not only their immediate circle but also the world around them.

How Wonderfully Feminine! The World Woman Club’s fashion show isn’t just an event; it’s a movement that embodies how women can inspire, uplift, and drive positive change on all levels. By turning a celebration of fashion into a meaningful experience, the Club is setting an example of what women can accomplish together—for themselves, for each other, and for the world

Five great women: Olga Azarova (Founder & President of the WORLD WOMAN CLU, Larisa Lobanova (world-known Fashion Designer), Svitlana Gerey (WWC Co-Founder, Mediaholding 100% Director), Viktoria Chindatskaya, and Aurika Vranchanu invented this idea. The initiative of the Club was taken up by women from the UK, Ukraine, Germany, France, USA, Kazakhstan, Lithuania, Taiwan, Australia, Italy, Ireland and Turkmenistan.

Concept: Leading by example to popularize philanthropy, uniting women’s initiatives across five key areas — design, media, business, social impact, and club community.

In 2013, a unique charity fashion project called "WOMEN FOR CHILDREN" was launched, aimed at bringing women together to make a meaningful impact through five key areas of collaboration. This initiative combines fashion, leadership, and philanthropy to create a powerful movement that supports those in need while elevating designers and businesswomen.

GLOBAL BUSINESS WEEK 2026 in Davos: Business Diplomacy Shaping The Future Of The World Economy

Hundreds of entrepreneurs, innovators and business leaders from more than 40 countries gathered in Switzerland to strengthen international cooperation, develop strategic partnerships and demonstrate the growing influence of entrepreneurial leadership on the global economy.

DAVOS, SWITZERLAND | 9-17 JULY 2026

In July 2026, Davos became the meeting place for hundreds of distinguished entrepreneurs, investors, innovators, founders of major infrastructure businesses, corporate executives and institutional leaders representing more than 40 countries across five continents.

Held at the renowned Davos Congress Centre, GLOBAL BUSINESS WEEK 2026 brought together people whose decisions influence industries, create employment, drive technological progress and open new markets. The event offered a rare opportunity for business leaders from different economic systems, cultures and generations to meet directly, exchange experience and explore practical opportunities for international cooperation.

Euro Set to Strengthen Against Sterling in 2027: What Analysts Expect

The pound is trading near a relatively strong level against the euro, but most institutional forecasts suggest that this advantage will narrow during 2027. As of 3 November 2026, the market rate stood at approximately £1 = €1.198, equivalent to €1 = £0.835.

No currency analyst has a perfect forecasting record. Exchange rates respond to interest-rate decisions, inflation, economic growth, energy prices, government finances and geopolitical events. A credible assessment must therefore consider a range of scenarios rather than present a single figure as certain.

Democrats Win Both Chambers of Congress

The Democratic Party has won control of both the US House of Representatives and the Senate in the 3 November 2026 midterm elections, ending two years of unified Republican government. The result represents a severe political setback for President Donald Trump and will impose substantial limits on his administration during the final two years of his second term.

Democrats crossed the 218-seat threshold required to control the House early on Wednesday. They also captured enough Republican-held Senate seats to secure a majority in the 100-member chamber. Several congressional contests remain uncalled, so the final size of each majority may not be known for several days. Control of Congress, however, is no longer in doubt.