Global Business Week 2026 Davos

Global Business Week 2026 Davos
Entrepreneurs and Global Leaders Congress

Wednesday, 6 November 2024

Donald Trump was elected as the 47th President of the USA

After winning Wisconsin, Trump secured more than the 270 electoral votes required to be elected president.

Donald Trump was elected as the 47th President of the United States on Wednesday. With a victory in Wisconsin, Trump amassed 277 electoral votes, securing his election to the presidency. His victory has already been confirmed by major media outlets and research agencies, including Associated Press, CNN, Reuters, and Edison Research.

"America has given us an unprecedented and powerful mandate," Trump declared early Wednesday morning to a cheering crowd of supporters at the Palm Beach County Convention Center in Florida.

Trump’s political career once seemed to have ended after his claims of election fraud led to the January 6, 2021, Capitol attack by his supporters who sought to overturn his 2020 loss.

However, he decisively defeated his rivals within the Republican Party and then went on to overcome Democratic candidate Kamala Harris, leveraging voters' concerns about rising costs and crime linked to illegal immigration. By winning, Donald Trump became the second president in U.S. history to serve two non-consecutive terms, with Grover Cleveland being the first in the late 19th century.

Harris did not address supporters gathered at her alma mater, Howard University in Washington, D.C. Instead, her campaign co-chair, Cedric Richmond, spoke to the crowd after midnight, stating that Harris would address the public later on Wednesday.

"We still have votes to count," he said.

Republicans have secured a majority in the Senate, but neither party has a clear advantage yet in the race for control of the House of Representatives, which is currently under Republican control.

The victorious party's platform outlines the Republicans' commitment to a "peace through strength" approach: "rebuilding our military and alliances, countering China, and defeating terrorism," among other goals. Notably, Ukraine and Russia are absent from this platform.

However, another section states that "Republicans will strengthen alliances, ensuring that our allies meet their commitments to invest in our joint defense and restore peace in Europe." Trump and many other Republican politicians have repeatedly emphasized that the U.S. bears the primary burden of aid to Ukraine (with data from the Kiel Institute for the World Economy, which tracks aid levels, showing that assistance from the EU and other countries is comparable to that of the U.S.). They argue that European NATO allies should assume a larger share of responsibility and costs.

On Donald Trump’s campaign website, the foreign policy section is titled “Reject Globalism and Embrace Patriotism.” Ukraine is not mentioned there. Instead, it states that "The humiliating defeat of the Harris-Biden administration in Afghanistan emboldened hostile regimes, terrorist groups, and rivals like China, Russia, and North Korea. Under President Trump’s leadership, we will restore our standing in the world and American leadership abroad."

Thursday, 31 October 2024

Salary and cost of living in Ukraine 2024

Salary Structure in Ukraine

In Ukraine, minimum wages are set and revised by the government, with adjustments typically made annually to account for inflation and changes in the cost of living. The minimum wage in Ukraine varies depending on factors such as the type of employment and age. Here is an overview of the minimum wage and average salaries across various sectors and regions in Ukraine.

Minimum Wage in Ukraine (2024)

The minimum wage in Ukraine is determined monthly, which differs from the hourly rate systems found in other countries. Since 2024, it has been set as follows:

CategoryMonthly Rate (UAH)
General Minimum Wage      7,176 UAH
Hourly Minimum Wage      43.44 UAH

This minimum wage applies to most working individuals, although certain sectors and apprenticeships may have different rates depending on employment contracts and collective bargaining agreements.

Average Annual Salaries by Sector (Net Salary)

The table below shows the average annual salaries for various industries in Ukraine, based on data from the State Statistics Service of Ukraine.

IndustryAverage Annual Salary (UAH)
Information Technology    420,000
Financial Services    310,000
Manufacturing    220,000
Healthcare and Education    204,000
Retail and Hospitality    192,000

Average Monthly Salary by City

Tuesday, 29 October 2024

Salary in the UK 2024

Salary Structure in the UK

In the United Kingdom, the minimum wage is reviewed annually on April 1. Wage rates vary by age and also include a specific category for apprentices who are combining work and study, like university students completing their first year of internship at a British company.

UK Minimum Wage by Age

Age GroupRate (GBP per hour)
16-17 years   £6.40
18-20 years   £8.60
21 years and older   £11.44
Apprentice (students)   £6.40

Average Annual Salaries by Sector (Including Taxes and Bonuses)

The table below shows the average annual salary across various sectors in England, based on data from a survey by the UK’s Office for National Statistics.

IndustryAverage Annual Salary (GBP)
Financial Services     £35,500
Information Technology     £35,100
Construction     £30,208
Manufacturing     £29,797
Retail     £24,300
Education     £24,100

Average Monthly Salary by City

Friday, 25 October 2024

EBRD and EU support Turkmen strawberry business Tudana (Founder Batyr Ravshanov)

Entrepreneur Batyr Ravshanov, who produces strawberries in Turkmenistan under the Tudana brand, has received support and grant incentives from the European Bank for Reconstruction and Development (EBRD) and the European Union (EU), the EBRD said in a press release on Tuesday.

On the photo: The founder of the Turkmen strawberry business Tudana speaks at the BigBoss Global Business Forum in Glasgow, UK.



On the photo: Spouse of the Founder of Turkmen strawberry business Tudana Bahara Ravshanova receives an Award at the BigBoss Global Business Forum in Glasgow, UK for outstanding services to the Tudana business.
In 2020, Tudana received a loan from the EBRD and a grant from the EU, which allowed it to expand its production area by 1.5 hectares and gain valuable knowledge and advice.


As part of this program, international consultants worked with Batyr Ravshanov, the owner of Tudana, to improve the irrigation system of the greenhouses and promote sustainable water use practices. They also conducted a thorough analysis of water availability, climate conditions and light conditions to propose appropriate changes to the composition of fertilizers.

Fashion with Purpose: How World Woman Club’s Fashion Show Idea Was Born 11 years ago: 2013-2024

The International Club of Successful Women WORLD WOMAN CLUB (www.world-woman.com) 11 years ago came up with a FASHION PROJECT “WOMEN FOR CHILDREN” to do charitable deeds beautifully and set an example for society.

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 International Club of Successful Women was taken up by women from the UK, Ukraine, Germany, France, USA, Kazakhstan, Lithuania, 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.

Thursday, 24 October 2024

Deeper Trends in Educational Franchises: Where Learning Meets Business Acumen

The franchise model has proven remarkably adaptable across various industries, and the education sector is no exception. Educational franchises are tapping into the growing demand for specialized skills, supplemental learning, and innovative approaches to prepare students for future success. Within this landscape, let's examine some deeper trends and a pioneering leader in children's business education:

Trends Shaping Educational Franchises

  • Beyond Traditional Subjects: Educational franchises are no longer solely focused on core subjects like math and reading. We're seeing a rise in franchises specializing in STEM, coding, robotics, financial literacy, and even soft skills development.
  • The Skills Gap: There's an urgent need to equip students with the skills they'll need in an increasingly complex and competitive workforce. Educational franchises are addressing this gap with a focus on entrepreneurship, problem-solving, critical thinking, and adaptability.
  • Technology-Driven Learning: From interactive online platforms to engaging educational apps, technology is reshaping learning environments. Educational franchises are embracing these tools to create dynamic and personalized experiences.
  • Holistic Development: Parents are looking for well-rounded educational programs. Franchises that incorporate aspects of social-emotional learning, creativity, and leadership development alongside core subjects will stand out.

The MINIBOSS & BIGBOSS Model: Pioneering Business Education for Young Minds