The majority of consumers in the world's richest markets say they are feeling insecure and anxious and are struggling to save. They have tightened their belts and are buckled in for a sustained period of low or no income growth - a world that feels like the 1930s or the Lost Decade in Japan.

For European governments, meeting the European Union's long-term target for greenhouse gas emissions - a reduction of 80 percent from 1990 levels by 2050 - will demand bold moves.

If you're a consumer in one of the world's developed economies and you think that Japan is full of powerhouse exporters, you're right. Hitachi, Panasonic, Sony, Toyota - many Japanese multinationals became household names in the second half of the 20th century. If you're a consumer in an emerging market, though, you probably don't view Japanese companies the same way. In fact, it's possible that you have never used a product made by one of those giants.

In the past two years, Chinese consumers have opened their wallets and pocketbooks online. Online buying and selling, including group purchasing (through the Chinese equivalents of Groupon), is the second-fastest-growing activity, after microblogging.

With much of the developed world mired in slow growth and fiscal austerity, many companies find the strong economies and rising incomes of certain emerging markets quite attractive. But there's a catch: talent is increasingly difficult to find and hold onto in such countries as Brazil, Russia, India, and China (BRIC).

The center of gravity for consumer-focused companies is subtly but unmistakably moving toward developing economies, such as Brazil, Russia, India, China and Indonesia. The middle class in emerging markets will make up 30 percent of the global population by 2020. These customers represent the future.

Improved U.S. competitiveness and rising costs in China will put the United States in a strong position by around 2015 to eventually add 2 million to 3 million jobs and an estimated $100bn in annual output in a range of industries, according to a new report by The Boston Consulting Group (BCG).

By 2016, there will be 3 billion internet users globally -almost half the world's population. The internet economy will reach $4.2tr in the G-20 economies. If it were a national economy, the internet economy would rank in the world's top five, behind only the U.S., China, Japan and India, and ahead of Germany.

Fifty companies, the Southeast Asia challengers, have been rapidly expanding, competing in the Asian and global economy, and throwing a spotlight on a region that has experienced an economic renaissance that has largely escaped attention, according to a report published by The Boston Consulting Group (BCG).