Secret of German Economy

The Core of Germany's Economy

Germany is often described through the language of engineering, exports, and industrial discipline. But beneath those familiar labels lies something even more distinctive: a deeply rooted culture of family business. In Germany, family firms are not a niche or a romantic leftover from an earlier era. They are the core of the economy.

Depending on the definition used, family-owned or family-controlled companies account for roughly 86–90 percent of all German businesses. They employ about 54 percent of the national workforce, and under a broader “family-controlled” definition they account for around 58 percent of jobs subject to social-security contributions. In revenue terms, they generate about 43–46 percent of total business turnover.

Women's Diplomacy: World Woman Forum will be held in Davos, 9-12 July 2026

WORLD WOMAN FORUM 2026 will take place in the unique environment of the Davos Congress Centre in Switzerland, a venue globally recognised as the home of the World Economic Forum Annual Meeting and one of the world’s symbolic spaces for international dialogue, strategic thinking and the future of business and society, according to the Davos Congress Centre.

The Forum is designed as an international platform dedicated to women’s leadership, entrepreneurship, innovation, education, family business, social impact and global cooperation. It will bring together women leaders, entrepreneurs, investors, executives, educators, public figures and changemakers from different countries to exchange ideas, build partnerships and strengthen the role of women in the global economy.

Startup World Cup Championship 2026: Davos to Host the Next Generation of Global Entrepreneurs

From 9 to 12 July 2026, Davos, Switzerland, will become a meeting point for a new kind of global leadership: young founders, visionary educators, business angels, investors, diplomats, trade representatives, policymakers, and innovation leaders. The 26th Startup World Cup Championship 2026 will gather some of the world’s most forward-looking entrepreneurial and intellectual communities to evaluate youth-led startups and select the best projects of the year as World Champions 2026.

The Championship is part of a broader international movement dedicated to practical entrepreneurship education, innovation, and business diplomacy. According to the official Davos event listing, the Startup World Cup Championship brings together young and mature entrepreneurs, inventors, investors, entrepreneurs, and government representatives from more than 35 countries, with projects assessed by an international jury across innovation, feasibility, scalability, and business potential. (davos.ch)

UAE Leaves OPEC: Scenario № 1 or 2?

The announced withdrawal of the United Arab Emirates from OPEC and OPEC+ is more than a technical change in an oil producers’ club. It is a geopolitical signal, a market shock, and a challenge to the old architecture of energy coordination, profoundly impacting the global economy. According to Reuters, the UAE announced on 28 April 2026 that it would leave OPEC and OPEC+ effective 1 May 2026, marking a major shift for one of the group’s most important Gulf producers. (Reuters)

For decades, OPEC’s power was built not only on barrels, but on the image of unity. The organisation has always had internal disagreements: between price hawks and volume maximisers, between Saudi Arabia and other Gulf producers, between sanctioned and non-sanctioned states, and between political rivals inside the same cartel. Yet OPEC’s public message was usually the same: discipline, coordination and market stability. The UAE’s exit breaks that image.

GLOBAL EDUCATION FORUM 2026 will be held in Davos

Global Education Forum 2026 will take place in Davos, Switzerland, as one of the key educational events within Global Business Week 2026. It will bring together school owners, founders of educational networks, university leaders, EdTech innovators, investors, franchise developers, education entrepreneurs, teachers, methodologists and policymakers who understand one simple truth: the future of education cannot wait for instructions from ministries. It must be created now.

The world is changing faster than most formal education systems can reform. Artificial intelligence is transforming intellectual work. Children are growing up in a digital, global, entrepreneurial and unstable world. Parents demand better outcomes. Employers seek creativity, adaptability, leadership and problem-solving skills. At the same time, many schools are still built on industrial-era models: standardised lessons, slow curriculum reform, outdated assessment methods and limited exposure to entrepreneurship, technology and global thinking.

Ukrainian drones have issued “sanctions” to the Tuapse oil depots

Ukrainian drones have issued “sanctions” to the Tuapse oil depots for the 4th time this month — this is how Ukrainian sources and military commentators describe the latest series of strikes. 

According to Reuters, the confirmed attack on 30 April was at least the third strike on Tuapse in less than two weeks, while the Tuapse refinery had already halted operations after the 16 April attack due to damage to port infrastructure and the inability to ship products.

“Fire Sanctions”: How Ukrainian Drones Are Methodically Targeting Russia’s Oil Economy

 

Russia’s war against Ukraine has long gone beyond the front line. Every day, Russian missiles, aerial bombs and drones attack Ukrainian cities, energy facilities, residential buildings, hospitals, railways and civilian infrastructure. In response, Ukraine is increasingly using long-range drones against the part of the Russian economy that directly fuels the war: oil refining, oil depots, export terminals, ports and pipeline infrastructure.